Source news

trading-economics News

20 stories
trading-economics

Gold Finds Support After Warsh Remarks

Gold stabilized above $4,000 an ounce on Thursday after falling to an eight-month low earlier this week, as Federal Reserve Chair Kevin Warsh said inflation expectations had eased over the past month, suggesting there was no urgency to raise interest rates.However, he reiterated the central bank’s…

Trading Economics en
EconomyFutures
trading-economics

US Futures Edge Lower Ahead of Jobs Report

US stock futures edged lower on Thursday as investors remained cautious ahead of the June jobs report, which is expected to provide fresh clues about labor market conditions and the Federal Reserve’s interest rate outlook.Data released on Wednesday showed private-sector hiring slowed more than expe…

Trading Economics en
Futuresindex
trading-economics

Brent Extends Decline on Rising Supply

Brent fell toward $71 per barrel on Thursday, reaching its lowest level since late February as oil shipments through the Strait of Hormuz continued to increase and investors welcomed signs of progress in indirect US-Iran talks.A US official said crude flows through the strategic waterway exceeded 1…

Trading Economics en
Futures
trading-economics

Oil Extends Decline on Rising Supply

Crude oil fell to around $68 per barrel on Thursday, reaching its lowest level since late February as oil shipments through the Strait of Hormuz continued to increase and investors welcomed signs of progress in indirect US-Iran talks.A US official said crude flows through the strategic waterway exc…

Trading Economics en
Futures
trading-economics

South Korea Inflation Hits 30-Month High

South Korea’s annual inflation rate accelerated to 3.2% in June 2026, marking the fastest pace since December 2023 and up from 3.1% in the previous month.The latest reading was in line with market expectations and well above the central bank’s 2% target, reflecting accumulated increases in raw-mate…

Trading Economics en
Economy
trading-economics

New Zealand Stocks Extend Losses

The NZX 50 dropped 11 points, or 0.1%, to 13,600 in Thursday's morning trade, down for the second consecutive session, tracking a decline on Wall Street overnight, as traders reassessed the sustainability of the AI-driven rally.Traders anticipated the release of New Zealand's consumer spending data…

Trading Economics en
Economyindex
trading-economics

New Zealand Building Permits Fall 4% in May

Building consents for new dwellings in New Zealand fell 4.0% month-on-month in May 2026, reversing from an upwardly revised 11.1% jump in April.A total of 3.801 new dwellings were consented, including 1,835 stand-alone houses, 1,718 townhouses, flats, and units, 194 retirement village units, and 54…

Trading Economics en
Economy
trading-economics

Uruguay Holds Key Interest Rate

The Central Bank of Uruguay kept its policy rate unchanged at 5.75% at its June 2026 meeting, as its projections continue to place inflation on a path toward convergence with the 4.5% target over the monetary policy horizon.Inflation expectations also remained aligned with the central bank’s object…

Trading Economics en
Economy
trading-economics

Ibovespa Edges Lower Following Election Poll

The Ibovespa fell 0.2% to close at 171,689 on Wednesday as investors reacted to a new presidential election poll and fresh manufacturing data.An AtlasIntel/Bloomberg survey showed President Lula holding a 6.5-point lead over Flávio Bolsonaro in a hypothetical runoff, reinforcing expectations of a f…

Trading Economics en
indexStocks BR
trading-economics

The Dow Jones Index Closes 0.06% Higher

The Dow Jones Index rose 31 points or 0.06 percent on Wednesday to close at 52350 points.Leading the gains are Nike (5.07%), Salesforce (4.56%) and Microsoft (3.05%).Top losers were Caterpillar (-6.77%), Walmart (-3.88%) and Merck (-2.44%).

Trading Economics en
indexStocks US
trading-economics

US Stocks Drop as Chipmakers Sink

US equity indices closed lower on Wednesday as investors reassessed the sustainability of the AI-driven rally.The S&P 500 fell 0.2%, while the Nasdaq 100 dropped 1.5%, pressured by a sharp selloff in semiconductor stocks.Major chipmakers led the decline as concerns persisted that AI-related investm…

Trading Economics en
index
trading-economics

Uruguay Jobless Rate Rises Slightly in May

Uruguay’s unemployment rate edged up to 7.6% in May 2026 from 7.5% in April, pointing to a broadly stable labor market.By region, the jobless rate stood at 7.7% in Montevideo and 7.6% in the country’s interior.By gender, unemployment was lower among men at 6.8%, compared with 8.5% for women.Younger…

Trading Economics en
Economy
trading-economics

European Stocks Drop from Records

European stocks eased from records on Wednesday as a fresh pullback for chip producers offset support from an improving macroeconomic backdrop.The Euro STOXX 50 dropped 0.6% to 5, and the STOXX Europe 600 fell 0.4% to 640.ASML and Infineon fell 4.6% each, tracking the AI infrastructure sector globa…

Trading Economics en
index
trading-economics

FTSE MIB Edges Lower

The FTSE MIB fell 0.2% to close at 51,604 on Wednesday, pressured by energy producers and continued volatility in AI-related stocks.ENI dropped 2.6% and Saipem lost 3.5% as restored oil exports from the Middle East lowered global prices.AI-related stocks weakened following their rally this week, wi…

Trading Economics en
indexStocks IT
trading-economics

DAX Outperforms in Europe

The DAX 40 closed about 0.2% up at 25,040 after a choppy session on Wednesday, extending the prior session's gains and outperforming regional peers.Defense stocks led gains, with Rheinmetall up 6.1% after reports that Germany plans to partner with the US to boost domestic weapons production.Renk…

Trading Economics en
EconomyindexStocks DE
trading-economics

Russia Unemployment Rate Edges Down

The unemployment rate in Russia edged down to 2.1% in May 2026 from 2.2% in the previous month.The number of unemployed declined slightly to 1.6 million from 1.7 million, while the labour force edged up to 76.3 million from 76.2 million.Employment increased to 74.7 million from 74.5 million, liftin…

Trading Economics en
Economy
trading-economics

CAC 40 Slips Amid ECB Forum

The CAC 40 fell 0.8% to close at 8,337 on Wednesday as investors paused after strong gains over the previous three-month period and monitored developments at the ECB Forum.Governing Council member Martinš Kazaks signaled there was no urgency for the ECB to raise interest rates in July, noting that…

Trading Economics en
index
trading-economics

The FTSE MIB Index Closes 0.15% Lower

The FTSE MIB Index fell 78 points or 0.15 percent on Wednesday to close at 51605 points.Leading the losses are Saipem (-3.06%), STMicroelectronics (-3.04%) and Eni (-2.62%).Top gainers were Nexi (6.25%), Leonardo SpA (4.22%) and Amplifon (4.09%).

Trading Economics en
indexStocks IT
trading-economics

The DAX Index Closes 0.18% Higher

The DAX Index gained 44 points or 0.18 percent on Wednesday to close at 25040 points.Gains were led by Rheinmetall (6.06%), SAP (5.25%) and Fresenius (2.65%).Biggest losers were Infineon (-4.21%), Siemens (-2.39%) and E.ON (-2.02%).

Trading Economics en
indexStocks DE
trading-economics

The CAC 40 Index Closes 0.79% Lower

The CAC 40 Index decreased 67 points or 0.79 percent on Wednesday to close at 8337 points.The decline was led by Orange (-4.39%), STMicroelectronics (-4.37%) and ENGIE (-3.77%).On the upside, the strongest performers were TP (8.48%), Renault (5.26%) and Essilor (4.88%).

Trading Economics en
indexStocks FR