Goldman Beats Big, JPMorgan Falls Short: What Bank Results Signal for Stocks
Goldman beat profit forecasts by 30% and Citigroup topped estimates, while JPMorgan and Wells Fargo fell short. Index futures barely moved.
14 min ago12 min read
Fed
Silver recovers some ground as crude retreats; US CPI data in view for possible bounce
Silver consolidates near lows; US CPI report seen as potential catalyst for a relief rally.
1 h ago8 min read
AI boom's hidden cost: A new inflation worry for the Fed?
The AI boom's demand for data centres could push up electricity prices and feed into US inflation, adding to the Fed's challenges.
5 h ago8 min read
Oil price swings rattle gold as US CPI takes focus
Gold faced renewed pressure after oil hit new weekly highs, with US CPI the next focus.
6 h ago7 min read
European shares open higher but caution persists ahead of US CPI
European indexes posted modest gains at the open, but traders stayed cautious ahead of upcoming US CPI data and bank earnings.
7 h ago7 min read
Hammack Urges Swift Small Rate Moves as Bitcoin Slips in October
Cleveland Fed President Beth Hammack backs small, quick rate moves to curb inflation, while Bitcoin slips in October, a historically strong month.
8 h ago10 min read
Rate-Sensitive Sectors Must Rally With AI for S&P 500 to Reach 8,100: Citi
Citi's Scott Chronert says the S&P 500 needs both AI and rate-sensitive stocks to reach 8,100; rate-sensitive sectors have lagged since Jackson Hole.
10 h ago8 min read
BofA: Gold faces uphill battle above $4,000 as Iran conflict fuels oil-driven inflation
BofA sees gold averaging $4,000 in Q4 but not holding above it for three months, citing Iran war-driven oil inflation, soft physical demand, and a hawkish Fed.
14 h ago16 min read
Georgieva warns AI is a gradual jobs tsunami as graduates feel the impact first
Georgieva warned AI is a slow-moving jobs tsunami. Graduates feel the first hit as the IMF expects 40% of global roles to be affected.
14 h ago17 min read
Hammack: More tightening required to curb demand, pace of hikes uncertain
Cleveland Fed President Beth Hammack said rates need to rise further to curb demand and inflation, and she will keep an open mind on the pace of additional…
16 h ago14 min read
Hammack: Treasury rates 'modest' by historic measures
Hammack said Treasury rates are 'modest' historically, sees inflation expectation risks, and favors gradual tightening while protecting jobs.
20 h ago6 min read
Euro Slips to 17-Month Low Against Dollar as European Pressures Mount
EUR/USD touched a 17-month low of 1.1161 on Oct. 5 as French budget concerns and other European strains weighed on the euro.
12/10/2026 13:4311 min read
Euro holds near lows as traders weigh French budget and US inflation data
EUR/USD is hovering near recent lows as markets watch French budget talks and upcoming US CPI data for direction.
12/10/2026 12:5214 min read
US Home Buyers Fade as Sellers Outnumber Them by Record 57.9%
Sellers outnumbered US home buyers by a record 57.9% in August as high mortgage rates and growing financial stress weighed on the market.
12/10/2026 12:4314 min read
Market Strategy: When Hot Inflation Fails to Topple Stocks
Examines what a hot US CPI reading that fails to sink stocks might mean for traders, and how to interpret market resilience.
12/10/2026 06:429 min read