U S ECONOMIC DATA
UK economy shrinks by the most since 2023 as US tariffs hit
Britain's economic output experienced a significant decline in April, contracting by 0.3%, primarily due to the impact of U.S. tariffs and the conclusion of a property tax break. The drop in goods exports to the U.S. was particularly notable, reaching a record low. Despite a strong first quarter, the Bank of England anticipates the tariffs will negatively affect future growth.
Gold Price Prediction: Yellow metal opens above Rs 98k/10 gms. Time to book profits?
Gold and silver witnessed significant price volatility in international markets following the release of U.S. inflation data. While inflation came in lower than expected, news of a trade agreement between the U.S. and China capped the gains in precious metals.
US stock market today: Market rise as S&P 500 nears record, Nasdaq jumps on chip optimism, Dow climbs 100+ points ahead of May CPI report and US-China trade deal
US Stocks rise after inflation data showed a softer-than-expected increase in May, while a new U.S.-China trade agreement lifted investor sentiment. The Dow Jones added 126 points, the S&P 500 and Nasdaq Composite also gained. Inflation rose just 0.1%, calming fears of aggressive Fed action. At the same time, China agreed to export rare earth minerals, and the U.S. will ease tech restrictions. President Donald Trump called it a “great WIN,” boosting confidence in markets. Tech and quantum computing stocks surged. Here's how this trade deal and the inflation data are reshaping the outlook for the economy and investors.
Gold price prediction: Will gold hit $3,500 as China–U.S. trade tension, inflation fears, and central bank buying drive demand higher?
Gold prices rise amid growing uncertainty over the new China-U.S. trade agreement and anticipation of fresh U.S. inflation data. On Wednesday, spot gold climbed to $3,329.70/oz, supported by a weaker dollar and strong demand from China, which added to its gold reserves for the seventh month in a row. Investors are watching today’s CPI inflation release, with fears that sticky inflation and Trump’s tariffs may push prices even higher. Market experts warn that while a trade breakthrough could lower gold’s value, any delay or breakdown may fuel a rally toward $3,400.
Dollar holds steady after US, China reach framework deal to ease export curbs
The dollar remained stable against major currencies on Wednesday. This followed an agreement between the United States and China on a trade framework. The deal aims to resolve the trade war. Investors are watching for details. They hope it will rebuild trust between President Xi and President Trump. The market also awaits U.S. inflation data and UK's public spending plans.
Dollar steady as traders await details from US-China talks
The U.S. dollar remained stable amid ongoing trade discussions between Washington and Beijing. Investors are cautious, awaiting the U.S. inflation report. Top economic officials are trying to resolve trade disputes. The markets are reacting to the lack of concrete details from the talks. Focus is now shifting to the upcoming consumer price index report.
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Gold prices steady as US-China trade talks unfold in London
Gold prices held steady as investors closely monitored U.S.-China trade talks in London, assessing progress in resolving their trade dispute. Discussions encompassed tariffs and rare earth restrictions, impacting global economic growth. Investors are also anticipating U.S. inflation data, which could influence expectations for potential Federal Reserve rate cuts.
UK financial regulator partners with Nvidia in AI 'sandbox'
The programme is intended to help firms in the early stages of exploring AI, offering access to technical expertise, better datasets and regulatory support, the FCA said. It is open to all financial services companies experimenting with AI. "This collaboration will help those that want to test AI ideas but who lack the capabilities to do so," Jessica Rusu, the FCA's chief data, information and intelligence officer, said.
Market Wrap: D-St ends higher as RBI easing, U.S. jobs data fuel rally; Sensex adds 256 pts, Nifty hits 8-month high
Indian benchmark indices ended Monday’s session in the green, with the banking index surging to a record high during the day, lifted by the Reserve Bank of India’s surprise policy easing, upbeat U.S. jobs data, and progress in U.S.-India trade talks.
Gold price today: Gold rate remains low. How will bullion perform in June?
Gold, considered a safe-haven asset during political and economic uncertainty, tends to thrive in a low-rate environment.
US stock market future today: Dow Jones, S&P 500, and Nasdaq dip ahead of critical US-China trade talks and key inflation data—Palantir, Tesla, and airlines lead rally with full list of top gainers and losers
US stock market future today show Wall Street futures trading cautiously ahead of key US-China trade talks in London and important inflation data due later this week. Dow futures are up 40 points, while S&P 500 and Nasdaq futures are slightly down. Investors are watching closely as President Trump expresses optimism about the resumed talks, which follow a pause after the Geneva round. Friday’s strong jobs report lifted the S&P 500 past 6,000 and pushed the Dow up over 400 points. Meanwhile, gold prices have dipped and the US dollar is strengthening. Stay tuned for all the latest stock market updates.
China says its exports to the US fell 35% in May, as trade talks are due to start in London
China's exports to the U.S. experienced a significant 35% drop in May, intensifying economic pressures as trade talks with Washington commenced. While overall exports saw a modest increase, imports declined, resulting in a substantial trade surplus. Despite the U.S. decline, exports to Southeast Asia and the EU remained strong, offsetting some of the impact of trade tensions.
Japan's Q1 GDP contraction narrows on consumption improvement, revised figure shows
Japan's economy contracted less than initially feared in the first quarter, with revised consumption figures offering a glimmer of hope amidst concerns over potential U.S. tariffs. Despite the slight upward revision, analysts remain cautious about the economic outlook, particularly regarding the impact of trade tensions on exports and domestic demand.
Oil prices hold gains ahead of US-China trade talks
Oil prices maintained gains as investors awaited U.S.-China trade talks in London. The prospect of a trade deal boosted prices, supported by a U.S. jobs report hinting at a potential Federal Reserve rate cut. Attention now shifts to China's inflation data, crucial for assessing demand in the world's largest crude importer, despite concerns over increased OPEC+ supply.
Dollar steadies after rally, focus shifts to US-China trade talks
Dollar remained stable against major currencies before US-China trade discussions in London. Trade talks are crucial due to China's deflation and US business concerns. US delegation includes Scott Bessent, Howard Lutnick, and Jamieson Greer. Japan's economy contracted less than expected. Investors await US inflation data for May to assess trade policy impact.
US Share Market prediction: Stocks soar toward records — but will inflation and Trump’s Tesla feud trigger a crash?
Apart from inflation and earnings, Friday will bring an early reading of the University of Michigan’s consumer sentiment index for June. As inflation data trickles in and political noise grows louder, markets will continue to navigate a delicate balancing act between optimism and uncertainty.
Gold selloff on jobs euphoria is misguided? Peter Schiff says rebound coming
A sharp selloff in gold and a surge in equities following the May U.S. jobs report is a knee-jerk reaction that overlooks deeper economic vulnerabilities, says economist Peter Schiff. Calling the market response “misguided,” Schiff argues that gold’s rebound is likely as headline optimism fades and investors refocus on underlying labour market fragility and long-term inflation risks.
Dollar gains ground against peers after robust US economic data
The dollar strengthened against major currencies following a better-than-expected U.S. jobs report for May, fueling speculation that the Federal Reserve might delay interest rate cuts. While the dollar saw weekly gains against the yen and franc, it remains down year-to-date. Positive economic data and easing trade tensions between the U.S. and China contributed to the dollar's upward movement.
Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus
U.S. stocks are nearing record highs, buoyed by economic data and trade developments, but face tests ahead. A key inflation report and Federal Reserve meeting loom large. Concerns persist over the impact of tariffs and a proposed tax-cut bill, highlighted by a rift between President Trump and Elon Musk.
Gold price today: Gold rate to record weekly gains. Details here
Gold, traditionally considered a safe-haven asset during political and economic uncertainty, tends to thrive in a low-rate environment.
Gold prices rise to Rs 98,260/10g, silver hits Rs 1.05 lakh/kg. Analysts predict more upside
Gold prices climbed to Rs 98,260 per 10 grams on the MCX, gaining Rs 2,450 this week, while silver hit an all-time high of Rs 1,05,456/kg. Analysts expect further upside as weak U.S. data and geopolitical tensions support safe-haven demand. Focus now shifts to U.S. payroll data. Experts see gold trading between Rs 97,000–Rs 99,500 and silver between Rs 1,02,750–Rs 1,06,750.
Gold heads for weekly gain on weak US economic data, softer dollar
Gold prices saw a rise on Friday, potentially securing weekly gains. Weaker U.S. economic data and a softer dollar boosted demand. Investors are awaiting U.S. payroll data for Federal Reserve insights. Unemployment benefits applications increased. Donald Trump and Xi Jinping discussed trade tensions. Wall Street closed lower amid a dispute. Silver, platinum and palladium are also headed for weekly gains.
GIFT Nifty down 10 points; here's the trading setup for today's session
Indian stock markets closed positively for the second consecutive session on Thursday. Positive global cues and expectations of an interest rate cut by the Reserve Bank of India boosted market sentiment. The rupee strengthened against the US dollar. Foreign Institutional Investors were net sellers, while Domestic Institutional Investors were net buyers.
Dollar frail on weak economic data, trade uncertainty lingers
The dollar weakened due to concerns about the U.S. economy. Data indicated slow growth and inflation worries. The euro remained steady before the European Central Bank's expected rate cut. Investors are awaiting U.S. payrolls data. Trade tensions and potential Federal Reserve rate cuts are also impacting markets. The ECB is likely to cut rates to support the Eurozone economy.
Gold edges higher as soft US data lifts safe-haven demand
Gold prices increased slightly. This happened because of disappointing economic news from the United States. The U.S. private sector added fewer jobs than expected. The service sector also shrank. Concerns about the economy and trade tensions also boosted gold. President Trump urged the Federal Reserve to cut interest rates. Silver and platinum prices also went up, while palladium prices fell.
GIFT Nifty up 10 points; here's the trading setup for today's session
Indian equities closed higher, buoyed by positive global cues, though analysts anticipate continued market consolidation influenced by global and macroeconomic factors. The India VIX decreased, signaling reduced market fear. Foreign portfolio investors were net sellers, while domestic institutional investors were net buyers, and the rupee weakened against the US dollar.
U.S. stock market today: Dow Jones, S&P 500, and Nasdaq rise slightly as weak ADP jobs data fuels Fed rate cut hopes and tech stocks power market gains
U.S. stocks rise slightly as weak jobs data keeps gains limited. On Wednesday, the Dow Jones added 71 points, while the S&P 500 and Nasdaq rose by 0.3%. However, May’s private sector hiring dropped sharply, with only 37,000 jobs added — the lowest in over two years, according to ADP. President Donald Trump reacted by slamming Fed Chair Jerome Powell, urging faster rate cuts. Despite economic concerns, Nvidia surged nearly 3%, overtaking Microsoft as the most valuable public company. With the official nonfarm payrolls report due Friday, investors remain cautious. This story breaks down all the key data and reactions.
Gold steady as US-China trade uncertainty offsets strong US jobs data
Gold prices remained stable. Trade tensions between the United States and China balanced out positive job data from the U.S. China wants better relations with the U.S. There is possibility of talks between Donald Trump and Xi Jinping. The U.S. dollar weakened slightly. Investors are waiting for the May jobs report. Global economic growth is slowing down. The U.S.
US Stock market today: Dow Jones up 0.22%, S&P 500 rises 0.36%, Nasdaq surges 0.68% as Nvidia powers tech rally, Dollar General soars 12%, and OECD cuts U.S. growth forecast amid trade war tensions
US Stock market today showed mixed moves as the Nasdaq Composite jumped, led by strong gains in tech stocks like Nvidia, while the Dow Jones wavered. The OECD cut its U.S. growth outlook, warning of trade policy risks. Investors are watching rising tariff impacts, weak factory data, and ongoing U.S.-China trade tensions. Retailer Dollar General soared after raising its forecast. Global bond yields dipped, and Constellation Energy rose on a nuclear deal with Meta. With uncertainty around global growth and U.S. spending plans, markets are bracing for a bumpy ride. Here's everything you need to know in today’s full market recap.
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