Eurozone PMI Falls in May Amid Service Sector Weakness
The declined from 50.4 to 49.5 in May, indicating that the eurozone is falling back into stagnation. It’s worrisome that the main culprit is the service sector, which has long…
Bond Yields Are Surging: Narratives Vs. Fundamentals
Fiscal worries, the ’s imminent demise, and soaring tariff-related inflation expectations are among the concerns driving bond yields higher. At the same time, inflation, the historical determinant of US Treasury…
US Dollar, Treasuries and Stocks Extend Slide on Fiscal Concerns
Dollar extends slide as Trump’s bill seen ballooning US debt Treasuries fall as well, 30-year yield climbs to highest since Nov. 2023 Wall Steet closes lower, gold and other safe…
Services Are Dragging the Eurozone PMI Down
Flash business activity estimates moved into contractionary territory due to a sharp dip in the services sector. The Euro-region rose to 49.4, the highest reading since August 2022, but still…
USD/JPY Likely to Stay Elevated as Japan’s Intervention Window Narrows
USD/JPY Falls to a 2-Week Low on US Debt Concerns has fallen to a 2-week low amid safe haven gains for the yen and broad weakness in the . The…
Market Update: US Tax Bill, Eurozone PMI and S&P 500 Technicals
European Session Recap European markets began the day on the back foot as market participants digested a proposed tax-cut bill that threatened to enlarge the US deficit. Opposition to President…
S&P 500 Slides as Yields Spike on $4 Trillion Debt Ceiling Deal
U.S. stocks are falling but have recovered from the lows as investors weigh up the impact of Trump’s Big Beautiful Bill ahead of business activity data later in the session.…
3 Deep-Value Stocks to Buy as Bulls Take a Breather
The U.S. stock market has experienced significant volatility in recent months. After a sharp decline in early April, triggered by the announcement of sweeping tariffs by the Trump administration, markets…
4 Crypto Stocks to Ride Bitcoin’s Bullish Surge to New Highs
After months of waiting, has finally hit new record highs, reaching about $111,900. first hit a high of $109,874 in the late afternoon, then dropped to $106,200 an hour later,…
Bitcoin: New All-Time Highs in Sight as ETF Inflows Show No Signs of Slowing
Bitcoin’s strong uptrend continues with rising demand and new highs nearing. Growing optimism and tariff war easing boost short-term Bitcoin gains above 27%. Ethereum shows bullish signs with flag breakout…