BOJ’s Ueda: We will continue to raise rates as underlying inflation approaches 2% US September import price index +1.1% vs +0.8% expected US September industrial production +0.7% vs +0.4% expected US fiscal…
September 2025 was a $198B surplus Outlays $585B vs $346B a year ago Receipts $558B vs $544B a year ago FY2026 deficit $1.992 trillion vs $1.775T in FY2025, the largest in five…
It will be another weekend of pain at the fuel pumps. WTI crude oil is finishing the week at the highest since September 21 and back over $100 per barrel. WTI last…
The pressure is back on tech stocks today, led by CoreWeave once again. The market continues to smell a rat in the neocloud space and it’s being joined by some of the…
The major US stock indices are moving lower today as inflation concerns continue to weigh on sentiment. Technology shares are leading the declines: Nasdaq Composite: down 1.15%. Nasdaq 100: down 1.30%. S&P…
As London and European traders head home, the major European stock indices are closing higher across the board. The gains also cap a positive trading week for all five major indices, offering…
The big banks set the tone this week: consumers are still spending, businesses are borrowing again, and credit isn’t getting worse. That’s good for growth, but it isn’t the demand destruction the…
The flying car gets attention. But is it good for business? Tesla’s flying car has certainly brought out the “oohs” and “aahs.” And why not? A car that can briefly take flight…
Bitcoin has spent the early part of the week moving back and forth across its 100- and 200-hour moving averages (they are near converged near $82,500). Each modest break above offered an opportunity for…
The USDCAD has seen plenty of up-and-down price action this week, but one message has been consistent: buyers have struggled to sustain momentum near the highs for the year. The highs from…
Prior was 0.0% (revised to +0.1%) Capacity utilization 76.9% vs 76.5% exp Manufacturing output +0.3% vs +0.3% exp Prior manufacturing output -0.3% (revised to -0.2%) Mining +0.2% Utilities +3.5% Machinery +1.4%, primary…
The US dollar continues its move to the downside today despite the hotter US CPI and PPI reports this week. Treasury yields are also higher this morning, but the greenback is struggling…
