BNY’s Geoff Yu highlights that the ECB is heading into its blackout period with a rate hike effectively locked in, as Eurozone households’ 12‑month inflation expectations remain above 3%. However, he warns against treating this as a repeat of 2022, stressing that services
U.S. employers announced 97,006 job cuts in May, with tech sector layoffs hitting a 21-month high due to AI-driven workforce reductions. U.S. employers announced 97,006 job cuts in May, a 16% increase from April and 3% higher than the same month last year. This marks the t
Dow Jones futures rise 0.22% above 50,900 Dow Jones futures advance 0.22% above 50,900, driven by Middle East optimism. The S&P 500 futures fall 0.28% to near 7,550, while Nasdaq 100 futures plunge 0.5% to near 30,480. The market movement occurs during Europ
Most traders outgrow their first broker. The beginner who opens a small account in order to learn quickly hits a ceiling on tools and guidance, and the systematic trader who needs always-on infrastructure ends up stitching together a server from one vendor, analytics from
Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Tillyâs (TLYS) shares rose over 14% in premarket trading on Thursday after the company released its first-quarter fiscal 2026 financial results,
Brent futures fell nearly 1% after reports of a conditional ceasefire reduced geopolitical risk premiums in oil markets. Brent crude prices declined to $96.87 per barrel, reversing three consecutive sessions of gains, after reports of a conditional ceasefire between Israel
Global cryptocurrency market capitalization falls 3.5% in 24 hours, hitting a low of $2.17T as selling pressure intensifies. Cryptocurrency market capitalization declined 3.5% over the past 24 hours, extending a sell-off that began earlier this month. The total value fell
Geopolitical tensions and Fed rate hike expectations limit the euro's upside despite a softer US dollar and ECB rate hike bets. The EUR/USD pair trades modestly higher, up over 0.10% near 1.1600, as the US dollar softens following a truce between Israel and Lebanon. Profit
LME copper falls as US-Iran tensions and tariff policy reviews weigh on demand outlook amid profit-taking. Copper prices retreated below $14,000 per tonne on Wednesday, reversing a recent rally as macroeconomic concerns and geopolitical risks dampened sentiment. The pullba
Negotiations focus on a mechanism to release frozen Iranian funds, with Washington seeking guarantees before finalizing terms. The US and Iran are finalizing an agreement to release billions in frozen Iranian assets, with the primary dispute centered on the disbursement me