The US-Iran peace framework took shape over the weekend with a proposed 60-day negotiating window, but disputes over frozen Iranian funds, nuclear enrichment, and Hormuz authority kept a final agreement out of reach. Oil fell sharply on optimism, though analysts cautioned that full energy …
U.S. consumer sentiment fell to an all-time low of 44.8 in May 2026 as the Iran war drove gasoline prices over 50% higher and five-yearInflationexpectations climbed to 3.9%. An analytical assessment of the macro and policy implications.Key HighlightsConsumer Sentimentindexhit an all-time low of 44.8 …
A sharp momentum-driven rally across large-cap technology stocks is beginning to test technical limits, with several ofWall Street’s most closely watched names now trading firmly in overbought territory after posting outsized gains over the past month.
A Supply Shock With No Historical Parallel
Japan'sCore Inflationfell to a four-year low in April, but government subsidies and Middle East energy disruptions tell a more complex story. With the BOJ eyeing a June rate hike and wholesale prices surging, the implications stretch well beyond Tokyo.Key HighlightsJapan's core CPI rose 1.4% …
When legislativeLeadershippulls a scheduled vote, the cancellation itself is the signal. On Thursday, House Republican leaders removed an Iran war powers resolution from the floor agenda. By credible counts across both parties, it had the votes to pass.
Oil markets had spent three sessions pricing optimism. Two statements on Thursday collapsed it.
Kevin Warsh was sworn in as chair of the Federal Reserve on Friday at the White House, formally ending Jerome Powell's tenure at the top of the institution. Confirmed in a near party-line Senate vote on May 13, Warsh, 56, begins a four-year term …
US weekly jobless claims dropped to 209,000 for the week ending May 16, beating forecasts and signalling labour market stability despite war-linkedInflationand high-profile tech layoffs.Key HighlightsSeasonally adjusted initial claims fell 3,000 to 209,000 for the week ending May 16, below economist forecasts of 210,000.The …
S&P Global's May 2026 flash survey shows USManufacturing PMIat a four-year high, but surging input costs and weakeningDemandsignal fragile underlying growthKey HighlightsS&P Global's flash manufacturing PMI climbed to 55.3 in May, a four-year peak, beating economist forecasts of 53.8.Input priceindexjumped to 79.5, the highest …