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Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.28%, an…

6 min read

Japanese Yen rises as cool US CPI slashes Fed hike bets

The Japanese Yen registers gains of over 0.31% against the US Dollar as traders trim hawkish bets following a softer-than-expected US inflation report. The USD/JPY trades at 161.93 after reaching a daily high of 162.48.

4 min read

Dow Jones Industrial Average sits out the disinflation party

The June Consumer Price Index (CPI) fell 0.4% on the month against consensus for a 0.1% decline, following May's 0.5% increase, and the annual rate dropped to 3.5% from 4.2%, well under the 3.8% forecast. Core prices we…

6 min read

Fed’s Warsh vows to ’do my job’ if challenged by Trump

Weeks after the end of a historic term, Supreme Court Justices Elena Kagan and Amy Coney Barrett are making a rare appearance before Congress, and facing wide-ranging questions as the high court seeks millions of dollar…

9 min read

Here’s the inflation breakdown for June 2026 — in one chart

Consumer prices pulled back in June on the heels of lower energy and gasoline prices, a reversal after moving sharply upward in recent months due to the Iran war. However, inflation risks re-igniting in coming months am…

4 min read

Australian Dollar surges amid soft US inflation

AUD/USD trades sharply higher near 0.6990 on Tuesday, approaching the psychological 0.7000 level as the US Dollar (USD) falls following weaker-than-expected United States (US) inflation figures.

2 min read

Canada: Cyclical rebound and steady BoC stance – RBC

Royal Bank of Canada (RBC) economist Claire Fan expects Canada’s economy to rebound in Q2 2026, supported by resilient household spending, recovering business investment and expanding net trade. Growth is projected to c…

1 min read

British Pound strengthens after US CPI surprises to the downside

The British Pound (GBP) strengthens against the US Dollar (USD) on Tuesday after US inflation data surprised to the downside, reducing expectations of a near-term Federal Reserve (Fed) interest rate hike. At the time of…

3 min read

Euro jumps as softer-than-expected US CPI cools bets on rate hikes

EUR/USD snaps a two-day losing streak on Tuesday as softer-than-expected United States (US) inflation data weighs on the US Dollar (USD) and prompts traders to scale back expectations of a near-term Federal Reserve (Fed…

4 min read

Gold rises 2% as soft US CPI cools Fed rate-hike bets

Gold (XAU/USD) rebounds sharply on Tuesday, erasing losses recorded on the previous day after softer-than-expected US inflation data eased expectations of a near-term Federal Reserve (Fed) interest rate hike.

5 min read

Omada Health Reaches Analyst Target Price

In recent trading, shares of Omada Health Inc (Symbol: OMDA) have crossed above the average analyst 12-month target price of $23.33, changing hands for $23.50/share. When a stock reaches the target an analyst has set, t…

2 min read