St. Louis Fed Pres. Alberto Musalem is speaking and says: Tailwinds including accommodative financial conditions are currently greater than headwinds for the U.S. economy Uncertainty around tariffs and war are headwinds The labor market seems to have stabilized after gradual cooling last year Recent payroll growth has been around the breakeven rate Inflation is “meaningfully”
Geopolitics is once again dominating global markets today, with investors rapidly shifting between optimism over a potential US-Iran peace framework and fears of renewed escalation. Earlier in the session, risk appetite improved sharply after reports suggested Washington and Tehran were nearing a one-page, 14-point memorandum of understanding designed to end the war and establish a
Germany remains the central story The most important theme heading into the results remains Germany, Vodafone’s largest market and historically its biggest problem area. The division has been under pressure following regulatory changes that ended the bundling of TV services into rental contracts, severely impacting broadband and television revenues. However, recent updates suggest conditions are beginning to improve. Vodafone reported that
2026.05.06 2026.05.06 Gold Prepares for Strong Rally. Forecast as of 06.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The end of the conflict in the Middle East will turn winners into losers and vice versa. Oil prices risk falling sharply. Gold, on the other hand, will begin to rise slowly but surely as the prospect of Fed rate cuts returns
Euro area private sector contracted for the first time in nearly one-and-a–half years as the ongoing war in the Middle East acted as a drag on services activity, final results of the purchasing managers’ survey by S&P Global showed on Wednesday. The composite output index fell to 48.8 in April from 50.7 in the previous
Macro update Global equities reach record highs: MSCI’s All-Country World Index, Emerging Markets index and Asia-Pacific benchmark ex-Japan all hit fresh records as investors extended AI-driven equity buying, while the S&P 500 and Nasdaq also closed at new highs overnight. South Korea rally: The Kospi surged 6.6% and moved above the 7,000 level for the
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Key takeaways China A50 shows strong resilience and leadership: The index has gained ~7% since late February 2026 and outperformed global peers during the US–Iran conflict, remaining largely stable during broader market sell-offs. Macro tailwinds and geopolitical positioning: A tariff truce and upcoming Trump–Xi meeting (14–15 May) are key catalysts, while a strengthening yuan and
Prior 50.5 Final Composite PMI 52.6 vs 52.0 prelim Prior 50.3 Key findings: Higher fuel prices lead to intensifying inflationary pressures across the service economy Business activity growth picks up from March’s 11-month low Lower export sales weigh on order books during April Comment: Tim Moore, Economics Director at S&P Global Market Intelligence, said: “April
The market narrative has flipped again—and this time the reversal is dramatic. Just days after investors were positioning for a dangerous escalation in the Strait of Hormuz, traders are suddenly rushing back into risk assets as Washington signals that diplomacy may still be alive. The turning point came when US President Donald Trump abruptly paused
China’s service sector registered faster growth in April, driven by stronger increases in new business despite declining foreign orders, survey results published by S&P Global revealed Wednesday. The headline RatingDog China services Purchasing Managers’ Index rose to 52.6 in April from 52.1 in the previous month. Subscribe to continue reading the article. This article is
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Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round of intervention. Rebound likely a dead cat bounce: The 1.5% recovery to 157.94 appears corrective within a newly formed short-term
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China’s RatingDog services PMI rose to 52.6 in April from 52.1 in March, with domestic demand driving a fortieth successive month of new order growth, while the composite PMI climbed to 53.1 Summary: The RatingDog China General Services Business Activity Index rose to 52.6 in April from 52.1 in March, signalling a faster rate of
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2026.05.04 2026.05.06 Weekly Economic Calendar for 11.05.2026–17.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Market participants have reassessed the likelihood of changes in monetary policy following the late-April meetings of major central banks, including the Federal Reserve, and now need fresh data to refine their outlook. This week, attention will focus on inflation reports, including key releases from the US.
