U.S. Stock Futures Slide Amid Trump’s Tariff Uncertainty; Tesla Tumbles Too!
📌 Key Takeaways Markets Stumble on Trump’s Trade Tariff Ambiguity U.S. stock futures declined sharply on Monday, July 6, 2025 (16 Tir 1404) as traders reacted to fresh uncertainty surrounding former President Trump’s tariff policies. His unclear stance on extending...
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Oil Prices Fall After Surprise OPEC+ Output Hike
📌 Key Takeaways OPEC+ Stuns Market with Bigger-Than-Expected Output Hike In a surprise move that rattled energy markets, OPEC+ announced a production increase of 548,000 barrels per day starting in August. This decision caught traders off guard, as most expected...
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S&P and Nasdaq Hit Record Highs But Will Tariffs Ruin the Rally?
Market Rally Meets Political Crosswinds In a shortened trading week ahead of the July 4 holiday, U.S. stock markets delivered impressive gains. The S&P 500 climbed 0.8%, while the Nasdaq Composite rose 1.0%, both closing at record highs. The S&P...
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US Jobs Report in June Beats Expectations
June 2025 Jobs Report Breakdown Sector Change (in thousands) Total NFP +147 May (revised) +144 Market forecast +110 12-month average +146 Public Sector (Total) +73 State Government (Education) +40 Local Government (Education) +23 Federal Government -7 Healthcare Sector +39 –...
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Trump Demands Jerome Powell’s Immediate Resignation!
Trump vs Powell: A Renewed Clash On Wednesday night, President Donald Trump escalated his public criticism of Federal Reserve Chairman Jerome Powell, demanding that he “resign immediately” via a post on Truth Social. 🔴 Trump’s post read: “‘Too late.’ Must...
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China’s Services PMI Falls to 9-Month Low – What It Means for the Global Economy
In June 2025, China’s services sector delivered one of its weakest performances in the past nine months. The Caixin China General Services PMI fell to 50.6, below market expectations of 51.0 and May’s reading of 51.1.This soft reading signals broader...
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Slower Contraction in U.S. Manufacturing Activity: ISM Index Hits 49!
The U.S. ISM Manufacturing PMI for June 2025 came in at 49, slightly up from 48.5 in May and above expectations of 48.8. Despite this improvement, the index still signals a contraction in industrial activity for the fourth consecutive month....
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Eurozone Inflation Hits ECB Target of 2.0% in June
Summary: Euro area inflation rises slightly to meet the ECB’s 2% target, but sticky service prices and unchanged core inflation may delay interest rate cuts. Key Eurozone Inflation Figures – June 2025 (Flash Estimate) Indicator June 2025 May 2025 Trend...
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China’s Manufacturing Activity Rebounds in June
China’s Caixin Manufacturing PMI jumped unexpectedly to 50.4 in June 2025, rising sharply from 48.3 in May, its lowest point since September 2022. This reading beats market expectations of 49.0 and marks a return to expansionary territory for the first...
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German DAX Index Drops Below 24,000 as Retail Weakens
On Monday, Germany’s benchmark DAX 40 index, also known as the German DAX Index, fell decisively below the key psychological level of 24,000, driven by disappointing economic indicators and mounting uncertainty over international trade policy. Traders reacted to: Key Economic...
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