Australia’s leading index signalled sluggish and below-trend growth in May, Westpac said Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose slightly to -0.17 percent in May from -0.18 percent in April. Westpac […]
The DOW is sending a very different message from the rest of Wall Street. While the S&P 500 and NASDAQ spent much of the past two sessions showing signs of caution ahead of today’s FOMC rate decision, the DOW Jones Industrial Average pushed to a new record high. Under normal circumstances, traders would be reluctant
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The CNY 300 billion special bond announcement is the most market-concrete element of the statement and signals Beijing is moving from acknowledging bank capital stress to actively addressing it. Chinese bank stocks, particularly mid-tier and regional lenders most exposed to local government financing vehicles, may find near-term support on the recapitalisation signal. The explicit commitment
Key takeaways Global markets paused ahead of the Federal Reserve meeting, with investors reducing risk exposure before Fed Chair Kevin Warsh’s first policy decision and updated economic projections. The S&P 500 slipped 0.6%, while the Nasdaq 100 fell 1.9%. The collapse in crude oil prices continues to reshape the macro narrative, as WTI plunged to
The value of core machinery orders in Japan was up a seasonally adjusted 8.7 percent on month in April, the Cabinet Office said on Wednesday – coming in at 1,098.5 billion yen. That exceeded expectations for an increase of 1.2 percent following the 9.4 percent drop in March. On a yearly basis, orders jumped 15.6
2026.06.16 2026.06.17 Weekly Economic Calendar for 22.06.2026–28.06.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The coming week wraps up the month, the quarter, and the first half of the year. That combination often brings extra volatility as investors rebalance their portfolios. During the week of June 22–28, 2026, traders will be keeping a close eye on key economic data from
New Zealand posted a seasonally adjusted current account deficit of NZ$4.6 billion in the first quarter (NZ$1.01 billion unadjusted), Statistics New Zealand said on Wednesday. The current account deficit for the year ended March 2026 narrowed to NZ$16.3 billion (3.6 percent of GDP) compared with a NZ$18.3 billion deficit for the March 2025 year (4.2
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Oil has shed more than 7% across two sessions on the back of the deal, with prices sliding to fresh three-month lows as markets price in the return of Iranian barrels. The speed of the sell-off reflects how much of a risk premium had been embedded during the Hormuz blockade, but traders are cautious: industry
Markets: S&P 500 down 0.6% Nasdaq down 1.1% WTI crude oil down $4.12 to $76.63 US 10-year yields down 3 bps to 4.44% EUR leads, CHF lags Gold up $26 to $4333 Oil continued to plummet on Tuesday as it fell another $4. After the bell, the API private inventory numbers showed another huge drawdown
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There is a something of a tradition at the Federal Reserve of rookie Chairmen causing themselves problems early in their terms, or in their first press conferences. It’s a rare event that begs for a live feed and strong preparation. On Wednesday, the market isn’t sure what to expect and that’s why the US dollar
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A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April. Economists had expected import prices to
ETF outflows dominated but selling pressure is easing Institutional flows have remained the principal driver of Ether’s recent price action. The final week of May saw US spot Ethereum ETFs record approximately $241 million of net outflows, extending an already significant period of institutional de-risking. BlackRock’s ETHA accounted for the largest share of withdrawals, although
The biggest move in global markets is still happening in oil. The most important move may come tomorrow. Brent crude plunged below USD 80 today, extending a dramatic collapse that began after the United States and Iran reached a provisional peace agreement over the weekend. The decline accelerated after President Donald Trump arrived at the
