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Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
Fundstrat’s Tom Lee laid out a roadmap for where he saw the market going for the rest of the year on...
US Equity Markets Higher as Chipmakers Rally; Dow Rises to Record
US equity indexes closed higher on Monday with the Dow Jones Industrial Average rising to a record a...
Chip Stocks Bounce Back, Fueling Nasdaq Rally
All three major indexes closed in the green Monday as chip stocks roared back. The tech-heavy Nasda...
GBP/USD: Election risks weigh on Pound – Societe Generale
Societe Generale’s team highlights that GBP/USD has edged higher, helped by lower Oil prices, risk correlations and Asian FX intervention-driven US Dollar (USD) selling. However, they stress that UK l ...
SEK: Riksbank holds as low inflation buys time – Nomura
Nomura's research analysts note that the the central bank of Sweden, Riksbank kept its policy rate at 1.75% in May, maintaining a wait-and-see stance as weak inflation offsets upside risks from global ...
EUR: European data mixed as fiscal and construction risks loom – BNY
BNY's Geoff Yu highlights that Euro area retail trade shows modest growth while Eurozone construction PMI signals a sharp contraction and rising cost pressures. German manufacturing orders and service ...
EUR/GBP Price Forecast: Sellers retain control as momentum indicators stay bearish
EUR/GBP trades flat on Thursday as traders remain cautious ahead of the UK local election results, while also assessing the prospects of a possible US-Iran deal aimed at ending the war in the Middle E ...
Whirlpool (WHR) sends economic shockwaves with huge warning
Shares of Whirlpool Corporation (WHR) collapsed 20% in early trading on Thursday, May 7, 2026, after the appliance maker reported earnings and revenue that missed analyst forecasts.
Oil: Supply shock sustains inflation risk – TD Securities
TD Securities strategist Bart Melek highlights that the Strait of Hormuz disruption has removed 9–10 million bbl/d from the market, keeping Brent near $100/bbl and potentially pushing it above $150/bb ...
US: Initial Jobless Claims rose to 200K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 200K for the week endin ...
USD/MXN: Further peso weakness expected – Commerzbank
Commerzbank analysts Michael Pfister and Norman Liebke argue that the Mexican Peso (MXN) is likely to weaken against the US Dollar (USD) in coming weeks as Banxico maintains a dovish stance despite ri ...
United States Unit Labor Costs down to 2.3% in 1Q from previous 4.4%
United States Unit Labor Costs down to 2.3% in 1Q from previous 4.4%
United States Continuing Jobless Claims below forecasts (1.8M) in April 24: Actual (1.766M)
United States Continuing Jobless Claims below forecasts (1.8M) in April 24: Actual (1.766M)
United States Initial Jobless Claims 4-week average fell from previous 207.5K to 203.25K in May 1
United States Initial Jobless Claims 4-week average fell from previous 207.5K to 203.25K in May 1
United States Initial Jobless Claims registered at 200K, below expectations (205K) in May 1
United States Initial Jobless Claims registered at 200K, below expectations (205K) in May 1