Macro

Oil Climbs as Hopes for Imminent Strait of Hormuz Deal Fade

Crude climbs above $84 in the U.S. and past $89 internationally as hopes for an imminent Strait of Hormuz reopening deal collapse into deadlock.

US Existing Home Sales Fall 1.7% in July as Record Prices Deter Buyers

US existing home sales dropped 1.7% in July as record prices and the highest mortgage rates in a year kept many prospective buyers out of the market.

Barclays Downgrades Gap and Under Armour in U.S. Apparel Retailer Reshuffle

Barclays cut its ratings on Gap and Under Armour in a reshuffle of U.S. apparel retailers, citing limited upside amid uneven consumer demand.

Oil Climbs as Hopes for Imminent Strait of Hormuz Deal Fade

Crude climbs above $84 in the U.S. and past $89 internationally as hopes for an imminent Strait of Hormuz reopening deal collapse into deadlock.

Hims & Hers Shares Slide as Weight-Loss Expansion Squeezes Margins Despite Revenue Beat

Hims & Hers stock fell after beating revenue estimates but posting a loss, as its costly expansion into weight-loss treatments pressured margins.

Big Banks Brace for Q1 Earnings Amidst Geopolitical Storms and Market Uncertainty

Big U.S. banks are set to release Q1 earnings amidst geopolitical tensions and market volatility. Discover what to expect from Goldman Sachs, JPMorgan Chase, Citigroup, and Bank of America.

Stocks Waver as Inflation Surges: Nasdaq Edges Up, Dow Dips Amidst Energy Cost Spike

Explore the latest stock market movements as the Nasdaq rises and the Dow falls following March CPI data that revealed surging energy costs and increased inflation.

Singapore Poised for Monetary Tightening Amidst Escalating Inflationary Pressures

Singapore is expected to tighten monetary policy at its upcoming review due to rising inflation fueled by the energy crisis and Middle East conflict. Learn more about the economic outlook and expert predictions.

Wall Street Sees Gains Amidst US-Iran Ceasefire Hopes, But Fragile Truce Fuels Market Volatility

Explore how Wall Street reacted to the US-Iran ceasefire, with market gains, oil price fluctuations, and the underlying caution surrounding the fragile truce.

Oil Prices Poised to Skyrocket Past $150 Amid Escalating Middle East Tensions, J.P. Morgan Warns

J.P. Morgan warns that escalating Middle East tensions and supply disruptions could push oil prices above $150 per barrel, highlighting the vulnerability of key oil-producing nations and the Strait of Hormuz.

Geopolitical Tensions and Market Jitters Force Global Companies, Including Visma, to Postpone IPO Plans

Global companies, including Visma, are delaying IPOs due to Middle East conflict and market volatility, impacting various sectors and startups worldwide.

Middle East Oil Benchmark Under Siege: Iran Conflict Sparks Price Surge and Market Chaos

The Dubai oil benchmark faces unprecedented stress as the Iran conflict halts Strait of Hormuz exports, driving prices to record highs and forcing market participants to seek alternatives.

OPEC Oil Production Suffers Sharp Decline in March Amidst War-Related Export Disruptions

OPEC's oil production saw a significant drop in March due to war-related export cuts, with Iraq and Nigeria being major contributors to the decline, according to a Reuters survey.

China Stocks Emerge as Safe Haven Amidst Global Geopolitical Turmoil

Global banks are increasingly turning to Chinese stocks as a safe haven amid geopolitical uncertainty and rising oil prices driven by the Iran war, citing the nation's resilience and strategic advantages.

Iran War Fuels Euro Zone Inflation Surge to 2.5%, ECB Faces Rate Dilemma

Euro zone inflation surges to 2.5% in March due to rising energy costs amid the Iran war, prompting the ECB to consider interest rate hikes.

Japan Grapples With Soaring Oil Prices and Weakening Yen, Fueling Inflation Fears

Japan faces mounting inflation as soaring oil prices and a weakening yen create a challenging economic environment, prompting concerns about stagflation and forcing the Bank of Japan into a difficult policy dilemma.

Euro Zone Growth Falters Amidst War-Fueled Inflation and Stagflation Fears

Eurozone growth stalls as Middle East conflict fuels inflation and stagflation fears, impacting businesses and consumers.

Dow Plunges into Correction Amid Middle East Tensions and War Fears

Dow Jones Industrial Average enters correction territory as Middle East tensions and Iran war fears drive a broad market sell-off and surge in oil prices.

Euro Zone Faces Stagflation Threat as Middle East Conflict Fuels Inflation and Stalls Growth

Euro zone economy faces stagflation risk as Middle East conflict impacts growth and inflation. Private-sector activity hits a 10-month low amid rising costs and declining consumer confidence.

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