U.S. consumer prices are projected to rise in June, signaling a potential inflation increase due to new tariffs. This could impact Federal Reserve interest rate decisions. Find out what economists are predicting!
US consumer sentiment has surged to its highest level since January 2024, with the preliminary June index showing significant improvement amid easing economic concerns and lower inflation expectations.
Asia-Pacific markets saw a significant rise on Tuesday following China's decision to cut its key lending rates to stimulate economic growth amidst ongoing trade tensions. Investors are keenly observing the developments.
European bourses opened mixed as the U.K. markets remained closed for a bank holiday. Investors are keenly awaiting economic data and earnings reports, including major companies like Novo Nordisk and BMW.
As inflation rates rise and trade tensions escalate, economists warn of potential economic turmoil. The Fed's decisions could be pivotal as consumer confidence wanes.
