Fundamental backdrop In April, US inflation stood at 3.8% year-on-year — the highest level since May 2023. A significant contribution came from rising fuel prices amid escalating tensions in the Middle East. Market reaction was Read more…
The US dollar is holding on to its recently gained ground following a series of strong macroeconomic releases and a rise in US Treasury yields. Additional support for the greenback comes from resilient inflation readings, Read more…
Markets “At some point, we cannot let the market do all the lifting. We need to take a stance.” Belgian ECB governor Wunsch in an interview with the Financial Times joined Schnabel in clearly signalling Read more…
In focus today In the US, ADP’s private sector employment growth will be released for May. ADP’s weekly estimates have pointed towards another solid month of job creation. ISM Services Index is also due for Read more…
The Bureau of Economic Analysis released its April 2026 Personal Income and Outlays report on May 28, 2026, showing prices climbing faster on an annual basis, disposable income contracting, and the personal saving rate falling Read more…
Key takeaways Global equities pushed to fresh record highs as investor enthusiasm broadened beyond mega-cap technology stocks into small-cap industrial, energy, and infrastructure companies benefiting from the ongoing AI investment boom. Strong labour market data Read more…
Bitcoin is flashing increasingly bearish signals at a time when many traditional risk assets continue to look remarkably resilient. The cryptocurrency plunged below $70,000 this week, accelerating a decline that has already erased much of Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Getting to work with the current Read more…
Australia’s economy grew by just 0.3% qoq in the first quarter, missing expectations of 0.5% qoq and signaling a loss of momentum at the start of 2026. Annual growth held at 2.5%. According to the Read more…
Japan’s service sector lost momentum sharply in May as rising costs linked to the Middle East conflict weighed on business activity and household spending. PMI Services (final) fell from 51.0 to 50.0, indicating stagnation after Read more…