US stocks are wandering to the upside

Major US indices are wondering to the upside, despite comments from Trump that a China deal was close, that an EU deal was 50-50, although he did speak more positively of the prospects, that the UK and US might announce a revised trade deal this weekend, and that he got the impression that Fed Powell was ready to cut…

Read more

Tech sector rallies while healthcare faces setbacks, financials maintain stability

The US stock market today is painting a picture of mixed sentiment, marked by a remarkable bounce-back in the tech sector, stability in financials, and some challenges in healthcare. As each sector showcases its unique dynamics, traders and investors are keenly watching the shifts and trends across the board. 📈 Technology Sector: Tech Bounces Back Software & Infrastructure: Giants…

Read more

Atlanta Fed GDPNow growth estimate for Q2 remains steady at 2.4%

The Atlanta Fed GDPNow growth estimate for Q2 remained steady at 2.4%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 25, unchanged from July 18 after rounding. The forecasts of the major GDP subcomponents were all unchanged or little changed…

Read more

Japan CFTC JPY NC Net Positions rose from previous ¥103.6K to ¥106.6K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…

Read more

Australia to import US beef for the first time

US farmers could be facing higher costs and lower business as a result of the tariffs. Some media impacts include: Tariffs on farm equipment and parts Steel and aluminum tariffs (e.g., 25% on imported steel) raise the cost of tractors, combines, grain bins, and irrigation systems. Machinery and equipment parts from countries like China or the EU become more…

Read more