S&P Dow Jones Indices maintains existing eligibility criteria, requiring 12-month seasoning and GAAP profitability for index inclusion. S&P Dow Jones Indices confirmed it will retain its 12-month seasoning rule and GAAP profitability requirements for S&P 500 inclusion, pre
Brazil and Guyana drive regional oil export growth South America has increased its oil exports more than the US so far this year. Key producers in the region have boosted production and shipments to meet global demand. Brazil has started production at sever
Australia's economy expands 0.3% in the first quarter The Reserve Bank of Australia is considering another rate hike. The economy expanded 0.3% in the first quarter, a step down from the prior period. This slowdown may impact the RBA's decision on future rate hik
Australia’s central bank maintains tightening bias despite Q1 GDP missing forecasts, fueling market skepticism over rate hike prospects. The Reserve Bank of Australia’s hawkish rhetoric is colliding with slowing economic momentum after first-quarter GDP rose just 0.3% quar
A deadlocked US rate outlook and Japanese intervention spending keep the yen rangebound despite a 275-basis-point policy gap. USD/JPY remains pinned near 160.00 as opposing forces—a hawkish Federal Reserve and Japan’s Ministry of Finance—cancel each other out. The 275-basi
Goldman Sachs stays overweight on equities despite high risk appetite Goldman Sachs is maintaining an overweight stance on equities over a 12-month horizon, advising clients to buy pullbacks. The bank's Risk Appetite Indicator has reached its highest level since 2021,
Iran’s enriched uranium stockpile grows, reversing Trump-era efforts to curb its nuclear program, the IAEA reports. The International Atomic Energy Agency has determined Iran’s nuclear weapons risk is now higher than before US and Israeli strikes in February. The attacks a
OPEC maintains its 2025 oil demand growth projection despite geopolitical tensions and market skepticism. OPEC has reaffirmed its 2025 oil demand growth forecast at 1.2 million barrels per day, citing no evidence of demand destruction. The organization dismissed concerns o
Acting Comptroller Gould states only Democratic lawmakers are pressuring his agency on World Liberty Financial’s pending trust charter application. Acting Comptroller of the Currency Michael Gould accused Democratic lawmakers of unprecedented political pressure regarding W
Offerpad Solutions announces 1-for-10 reverse stock split Offerpad Solutions will effect a 1-for-10 reverse stock split of its Class A common stock. The move aims to support continued NYSE listing requirements. The split will become effective at 5:00 p.m. E