US Stock Outlook | "ADP Employment Report" falls short of expectations! The three major futures indices show slight gains; boosted by AMD's bullish investment, AI startup ABSI rises over 40% in pre-market trading.
According to informed sources, Trump is considering declaring a national economic emergency to launch a new tariff plan; Federal Reserve Governor Waller: supports further interest rate cuts this year; Federal Reserve's Bostic: inflation will gradually decline, policymakers should remain cautious in their decision-making.
EIA Weekly Distillates Stocks 6.071M Barrel Build Vs 0.500M Barrel Build Est.; 6.406M Barrel Build Prior
USA Crude Oil Inventories 0.959M Barrel Draw Vs 1.800M Barrel Draw Est.; 1.178M Barrel Draw Prior
Mexico President Says We Are Going To Collaborate With Trump Government, When Asked About Bilateral Relationship After Trump Comments
Initial claims for unemployment benefits have dropped to the lowest level in 11 months! The market is starting to bet that the Federal Reserve will not cut interest rates in 2025.
Last week, the number of first-time applicants for unemployment benefits in the USA unexpectedly decreased, reaching the lowest level in 11 months, indicating that the labor market in the USA remains resilient as of early 2025.
Fed's "hot" committee member Waller: Inflation is declining, supporting further interest rate cuts.
On Wednesday, Fed "super voter" and long-time FOMC voting member, Fed Governor Waller stated that he believes inflation will continue moving towards the central...