US Core PCE Inflation Rises in May 2025 as Income and Spending Decline
Despite hopes for a broader disinflation trend, core inflation (the Fed’s preferred metric) rose 0.2% in May, in line with forecasts. On a yearly basis, however, the Core PCE came in at 2.7%, slightly higher than the market’s expectation of...
Read more
Bitcoin Holds Steady Amid Hacker Arrest and India’s Reserve Proposal
While crypto markets were hit with two major headlines, the arrest of a notorious BreachForums hacker and India’s proposal to establish national Bitcoin reserves, Bitcoin Holds Steady, with its price showing minimal volatility on Friday and hovering around $107,600. This...
Read more
Gold Falls as Iran-Israel Ceasefire Holds
Gold Falls as prices dropped on Friday due to fading investor demand for safe-haven assets following a ceasefire between Iran and Israel. Attention has now shifted toward key U.S. inflation data, particularly the Core PCE index, which could influence Federal...
Read more
European Markets Rebound as Ceasefire and Trade Talks Boost Confidence
After weeks of uncertainty due to Middle East tensions and US, China tariff disputes, investors are finally breathing a sigh of relief. A ceasefire agreement between Iran and Israel, along with positive signals from global trade negotiations, helped restore calm...
Read more
U.S. Economy Contracts 0.5% in Q1 2025
The U.S. economy shrank by 0.5% in the first quarter of 2025, marking the first quarterly contraction since the pandemic-driven collapse in early 2020. This deeper-than-expected decline reflects a broad-based slowdown in domestic demand, trade activity, and government spending —...
Read more
