| MEDIUM | Core Retail Sales m/m |
|
USD | F:0.2% | P:-0.2% |
Houthis say they’ve targeted aramco refinery in jazan again'- bloomberg
Fed's barkin says fed is not in a 'forward guidance place' right now; net job impact of ai is less an issue than the reallocation across jobs that it may require; many ai use cases do not seem mature enough yet to lead to large reductions in headcount
Fed's barkin says hard to know whether policy is restrictive given the standard errors around any model; torn between focusing on the fact that inflation has been above target for more than 5 years or focusing on the fact that it jumped in two separate episodes and is now slowing; do not think the labor market is as strong as data indicate, consider it vulnerable
Gary black says tesla needs to work on branding: ‘without great marketing, apple would not be a $4.4t market cap company’
Major indices are trading higher in response to retreating bond yields and promising inflation data easing concerns about imminent rate increases. market strength may be due to a drop in oil prices as investors evaluate the ongoing conflict in the middle east and related supply disruption.
Quick spark: $3.6b flows into spy in one day
Deepseek increases prices for ai services by multiple times' - bloomberg
Fed's barkin says current levels of federal debt are an inflationary "wind" that the fed has to navigate against
How to trade spy, qqq, aapl, msft, nvda, googl, meta, and tsla using technical analysis
Fed's hammack says inflation is broad-based, not just found in certain sectors; businesses have adapted to tariff and oil shocks and there's resilience and investment
Fed's barkin says consumers have kept spending aided by employment; many business leaders explain they’ve concluded that high uncertainty is the new baseline; investments are not just from data centers; slowing labor demand growth has been accompanied by slowing labor supply growth
Fed's hammack reiterates need to raise rates right now; policy is not restrictive, businesses are excited to grow and borrow; labor market is stable; inflation amid recent shocks has risen; too much growth could put additional pressure on prices
Producer inflation unchanged in july, below expectations
Core ppi (mom) for july 0.2% vs 0.3% est.
Ppi (mom) for july -0.0% vs 0.2% est.
USA ppi (mom) for july revises prior from -0.3% to -0.1%
USA initial jobless claims prior revised from 199k to 200k
USA initial jobless claims 209k vs 202k est.
USA continuing jobless claims 1,777k vs 1,800k est.
USA ppi (mom) for july 0.0% vs 0.2% est.
Stock market today: s&p 500, dow futures rise as july inflation cools—cisco systems, netflix, applied materials in focus
Ford to grow lincoln production in us starting 2030, phasing out vehicle imports from china
Mexico pushes for lower auto tariffs in trade talks' - wsj
Canada, U.S. not yet ready to make tariff deal, canada unsatisfied with latest U.S. offer' - cbc
USA federal budget balance for july -432b vs -348.3 est.
Ottawa weighs proposal on auto tariffs as it presses U.S. for reprieve, sources say' - the globe and mail
Super micro, lumentum, coreweave highlight ai infrastructure demand
An informed source to al arabiya, says the pakistani mediator is seeking to extend the 60-day truce; mediators need additional time to process the stuck files between america and iran; optimism on the part of the pakistani mediator regarding the extension of the 60-day period
President trump on truth social says the U.S.a has total control over over the strait of hormuz
Eia weekly distillates stocks 0.010m barrel draw vs 1.600m barrel draw est.
S&p 500: what bubble? wall street’s peak‑bullish forecast lands at 8,400
Core cpi (mom) for july 0.2% vs 0.2% est.
Cpi (mom) for july 0.1% vs 0.1% est.
Cpi (yoy) for july 3.4% vs 3.4% est.
USA cpi (mom) for july 0.1% vs 0.1% est.
USA cpi (yoy) for july 3.4% vs 3.4% est.
USA core cpi (yoy) for july 2.5% vs 2.5% est.
USA core cpi (mom) for july 0.2% vs 0.2% est.
Exclusive: scott bessent says k-shaped economy is over, but wall street veteran says wealth divide is worsening: ‘50% of americans own no stocks and are getting left behind’
There are no discussions over extending U.S-iran ceasefire; from iran’s perspective, there was no ceasefire start date and nothing to extend; U.S. violated the interim deal 48 hours after it was reached and withdrew a few days later
Stock market today: s&p 500, nasdaq 100 futures rise ahead of july cpi print—coreweave, nebius, super micro, lumentum in focus
Jd vance asked ukraine to halt strikes on tankers using russian port' - ft
Api crude oil stock 9.072m barrel build vs 0.500m barrel draw est.
Small‑cap stocks got a payrolls boost — but cpi is the real test
U.S. military: earlier today, centcom forces disabled the steering gear of panama-flagged m/v vela nova; U.S. navy mh-60 helicopter fired two hellfire missiles into the vela nova’s engine room; ship is no longer transiting to iran in violation of the U.S. blockade
Bitcoin etfs are back but it's 'too early' to get bullish, wintermute says
Canada, U.S. trade officials mapping out potential deal to pitch to trump next week' - cbc
Fed's goolsbee says as long as consumer remains healthy, economy is going to remain healthy
Fed's goolsbee on wired says prices and affordability, that's the biggest problem we are facing right now
Fed's goolsbee on wired says "labor market is stable, without being good"