Author: Admin
U.S. stock futures rose late Sunday, as a busy week for markets kicked off with the U.S. and the European Union agreeing to the framework of a trade deal, avoiding the risk of an all-out transatlantic trade war.
Highlights include Trade talks and deadlines, Fed, BoJ, BoC, US NFP, Mfg PMI, PCE, QRA, EZ CPI & GDP and Aussie CPI Newsquawk Week Ahead: Highlights 28th July-1st August 2025 MON: US Dallas Fed (Jul), German GfK (Aug) TUE: US Consumer Confidence (Jul), JOLTS (Jun) WED: FOMC & BoC Policy Announcements; ECB Wage Tracker, Australian CPI (Jun/Q2), German Retail Sales (Jun), Swiss KOF (Jul), EZ Flash Prelim. GDP (Q2), US ADP (Jul), GDP Advance (Q2), PCE Advance (Q2), Pending Home Sales (Jun) THU: BoJ & SARB Policy Announcements; Chinese NBS PMIs (Jul), Australian Retail Sales (Jun), Export/Import Prices (Q2),…
“His portfolio is still down from the April slump when everybody else’s accounts have gone up.”
EUR/USD boosted by signs of imminent US–EU deal ahead of August 1 deadline.US Durable Goods Orders miss, but jobless claims stay strong, supporting Fed hold expectations.ECB holds rates steady; next week’s focus shifts to key Fed policy decision on July 30.The EUR/USD finished the week up by nearly 1% on Friday, yet ended the daily session flat, following economic data from the United States (US) that was worse than expected, but offset by positive trade news. With the Greenback cutting losses, the pair trades at 1.1741 virtually unchanged.Sentiment remains upbeat as the latest trade news suggests that the US and…
A pared-down Model Y might do little to lift Tesla sales. To really get people excited about the brand again, Tesla needs “actual new vehicle models,” one analyst said.
Who Pays the Real Cost of Tariffs? Who Ultimately Pays the Cost of U.S. Tariffs? I recently watched an interview where Treasury Secretary Bessent downplayed the inflationary impact of President Trump’s tariffs. According to him, the burden of these import taxes will mostly fall on exporters trying to maintain U.S. market share and on retailers who will trim their profit margins to keep prices stable. He even cited Toyota’s decision not to raise prices as an example of a company working to absorb costs rather than pass them on to consumers. Maybe Secretary Bessent sees something I don’t or…
“Memorial Days” is a memoir of grief, but also a practical reminder of the impact of money on anyone’s life.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.Key quotes”We’re not going to be moved away from minor deviation from target in 2026.””You will always find two or three governors very concerned about undershooting.””Retaliation is optional, not definite.””Disinflationary or inflationary impact of tariffs can not yet be determined.””There will probably be bottlenecks as result of tariffs.””We are in wait and watch situation.” ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone.…
The chip maker’s stock was moving lower after mixed results and guidance.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.Key quotes”Survey data point to overall modest expansion.””Higher tariffs and stronger Euro are expected make it harder for firms to invest.””Strong labour market, rising real incomes, solid private sector balance sheets support consumption.””Defence and infrastructure investment should bolster growth.””Indicators of underlying inflation suggest inflation will stabilise at target.””Longer-term inflation expectations continue to stand at around 2%.””Risks to economic growth remain tilted to the downside.””Outlook for Euro Area inflation is more uncertain…