Macro

S&P 500 Hits Fresh Record as Analysts Eye 7,620 Level to Confirm Breakout

The S&P 500 returned to all-time highs, but analysts say a decisive close above 7,620 is needed to confirm a breakout amid mixed valuation signals.

US Judge Dismisses January 6 Cases Against Oath Keepers, Vacating Convictions

A US judge granted the Justice Department's bid to dismiss January 6 cases against the Oath Keepers, vacating the convictions of founder Stewart Rhodes.

AMD Targets Nvidia’s Data Center Dominance With Helios Rack-Scale System

AMD unveils Helios, a rack-scale system targeting Nvidia's data center dominance, even as its shares slide amid intense AI chip competition.

Pinterest Shares Slide as Cautious Revenue Outlook Overshadows Q2 Earnings Beat

Pinterest shares slipped as a lukewarm revenue forecast overshadowed a Q2 earnings beat, with advertising competition weighing on the company's growth outl

Jetstar to Charge Up to $52 for Overhead Baggage in Carry-On Overhaul

Jetstar will charge passengers up to A$52 to use overhead lockers from February 2027, scrapping its 7kg carry-on weight limit in a major rules overhaul.

S&P 500 Hits Fresh Record as Analysts Eye 7,620 Level to Confirm Breakout

The S&P 500 returned to all-time highs, but analysts say a decisive close above 7,620 is needed to confirm a breakout amid mixed valuation signals.

Dow Hits Record as Bessent Signals Strait of Hormuz Deal Could Come This Week

U.S. stocks hit records and oil prices fell after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come this week.

Gold Climbs as U.S. Pauses Airstrikes, With Deutsche Bank Holding Bullish Year-End Target

Gold prices opened higher after the U.S. paused planned airstrikes, while Deutsche Bank reaffirmed its year-end target, calling the metal's rally an 'explo

Oil Prices Plunge as Trump Halts Iran Strikes to Pursue Peace Talks

Brent crude fell 5% and European stocks rallied after President Trump called off planned strikes on Iran to pursue Middle East peace negotiations.

Bank of England Holds Interest Rate at 3.75%, Flags Upside Inflation Risk

The Bank of England kept its benchmark interest rate at 3.75%, in line with expectations, while flagging upside inflation risks and readiness to act.

Markets Read Warsh’s Fed as Dovish, but His Words Hint at Possible Rate Hike

A gap between how markets read Fed Chair Kevin Warsh and his own remarks raises fresh questions about the central bank's stance on interest rates and infla

Fed Holds Rates as Hong Kong Keeps Base Rate at 4% Amid Market Slump

The HKMA held its base rate at 4% after the Fed kept US rates unchanged, as market slumps stoke fears over the central bank's inflation fight.

Fed Holds Rates Steady as Markets Weigh September Hike and Tech AI Spending

The Federal Reserve kept interest rates unchanged as markets weigh a potential September hike amid rising energy prices and watch tech AI spending closely.

Trump Praises Fed Chair Warsh While Pressing for World’s Lowest Interest Rates

President Trump praised Fed Chairman Kevin Warsh as 'fantastic' while pressing for the world's lowest interest rates and criticizing other Fed officials.

Global Stocks Rally and Oil Tumbles as US-Iran Tensions Ease Amid Ceasefire Hopes

Global stocks surged and oil prices plunged as easing US-Iran tensions lifted the Dow more than 575 points, with investors welcoming a fragile ceasefire.

Oil Prices Ease as US and Iran Pause Attacks, Easing Pressure on Fuel Markets

Brent crude fell 4.9% to $92.02 after the US and Iran refrained from Persian Gulf strikes for a second day, easing pressure on global fuel markets.

China Places 14 EU Entities on Export Control List in Response to Latest Sanctions

China placed 14 EU entities on its export control list, barring dual-use goods, in response to Brussels' latest sanctions package targeting Russia.

US Imposes Fresh Tariffs on Over 60 Countries, Citing Forced Labor Concerns

The Trump administration has imposed 10-12.5% tariffs on more than 60 countries, including China, citing failed enforcement of forced labor import bans.

Wall Street Bets on Private Credit Woes with New Derivatives

Wall Street banks are trading new derivatives, including credit default swaps, to bet on potential stress and defaults within the rapidly growing private credit market.

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