Wall Street indices hit new record highs. What’s next for S&P 500?U.S. index futures are coming off their strongest session in several months, which pushed the S&P 500 futures contract ( US500 ) to fresh all-time highs. The move was driven largely by falling oil prices. Investors’ attention is now gradually shifting toward the next […]
One word keeps coming up in connection with the Nasdaq: “expensive.” And it’s hardly surprising, because when you look at the trailing price-to-earnings ratio, which is nearing 31, and add to that the price-to-sales ratio and EV/EBITDA, the picture does indeed look challenging. The problem is that the market isn’t always valued through the lens […]
Key takeaways The UK’s public finance data for August made for more grim reading on the state of the UK’s public finances. The UK borrowed £18.3bn last month, up nearly 20% compared to a year ago, partly due to the impact of inflation. Borrowing in the financial year to August remains £8.1bn above the official […]
Today’s session is marked by numerous speeches from central bank representatives (RBA, ECB, Fed, and Bundesbank), which may trigger elevated volatility in foreign exchange markets. In the spotlight were comments from RBA Governor Bullock, who highlighted inflation risks stemming from the Middle East and demand pressure driven in part by the artificial intelligence sector. In […]
UK public sector net borrowing (excluding public sector banks) was £-18.3 billion in August 2026, higher than the £-15.4 billion in the same month last year and market expectations of £-15.7 billion. This marked the second highest August on record (not adjusted for inflation), behind that of 2020, and £3.5 billion above the OBR forecast.
Consumer confidence in the Netherlands slightly improved to -33 in September 2026 from -34 in August, marking the least pessimistic reading since March but remaining well below its long-term average of -12 over the past 20 years. The improvement was driven by greater willingness to buy, which rose to -17 from -19 as consumers became […]
The Indonesian rupiah edged higher to near IDR 17,850 per U.S. dollar on Tuesday, snapping an eight-session losing streak after Bank Indonesia pledged intervention to ensure orderly trading. Officials said tools would include offshore and domestic NDFs, spot FX transactions, and secondary-market bond purchases. The central bank began its two-day policy meeting today, with local […]
Finland’s unemployment rate declined to 9.1% in August 2026 from 9.3% in the same month last year, marking the lowest level since September 2025. The number of unemployed decreased by 5,000 from a year earlier to 262,000, comprising 140,000 men and 122,000 women. By gender, the male unemployment rate remained at 9.2%, while the female […]
Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay […]
Reserve Bank of Australia (RBA) Governor Michele Bullock said in a statement released during the Asian trading session on Tuesday that supply shocks are difficult for monetary policy to deal with. Bullock added, “Policy needs to deal with second-round effects on inflation.” Additional remarks AI boom is adding to excess demand in Australian economy. Current […]