Monday, 2 November 2026
Independent coverage of global markets, trade and finance
Investors have plenty on their plates right now, from continued geopolitical issues in the Strait of Hormuz still threatening the global economy to looming concerns about AI concentration risk. Advisors likely have clie…
The July flash PMI came in at 53.6, beating the 52.2 estimate, marking the composite index's strongest reading in eight months, and pointing to annualized GDP growth of roughly 2%. But the number that should sit at the …
In our latest weekend video, Inflation – Back in Focus?, Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro revisit inflation, a topic many investors thought was fading into the background. With Federal…
The value of construction put in place unexpectedly fell 0.3% m/m in January to a seasonally adjusted annual rate of $2,190.4 billion, the first m/m fall since October, after upwardly revised gains of 0.8% in December (…
Trump Accounts are among the newest additions to the savings landscape, and while the name has generated headlines, advisors may find that the greater opportunity lies in how these accounts fit into long-term financial …
New Orders and Backlogs Contracting; Production Growing and Employment Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Impor…
India’s manufacturing sector lost momentum in March, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) falling to 53.9 from 56.9 in February, its weakest reading since June 2022, as the war in the Middl…
Project Prometheus has been announced by the U.S. Department of Energy (DOE). The project is a three-year, $60 million nuclear energy-focused initiative led by Idaho National Laboratory (INL). The program falls under th…
KUALA LUMPUR, Malaysia, Aug. 3, 2026 /PRNewswire/ — On 27 July, JustMarkets released a comprehensive market analysis detailing the resurgence of inflation as a central theme in global financial markets. Following a prol…
Of late, some air has come out of the semiconductor bubble, but that’s been to the benefit of the Direxion Daily Semiconductor Bear 3X Shares (SOXS). Entering July 27, the leveraged bearish ETF boasted a one-month gain …
Mega-cap tech stocks have helped large caps dominate small-cap ETF flows and performance for years. However, this year a shift is taking place. In 2026, small-cap index ETFs are outperforming their large-cap peers as th…
WARSAW, Aug 3 (Reuters) - Poland's manufacturing downturn eased sharply in July as declines in output and new orders slowed and employment rose for the first time since April 2025, a business survey showed on Monday.
China's manufacturing section recorded its strongest quarterly performance since late 2020, although growth eases marginally in June, indicating that factory activity remains resilient even as broader economic condition…
LONDON, Aug 3 (Reuters) - Britain's economy is likely to shrink in 2027 if the Strait of Hormuz does not reopen to shipping before the middle of next year, forecasters at accountants EY warned on Monday.
I was sitting at Mackenzies Bar & Kitchen on the canal in Bristol, UK, with a friend. Just before 7pm, she got a text from her boyfriend Steve: “the power is flickering here.”
"We must âand will adapt," Sandor Scheer, â founder and â chief executive of Market Epito, one of Hungary's biggest construction companies, told Reuters. The firm, linked to Orban ally and magnate Istvan Garancsi, h…
The yield on the 10-year note finished July 31, 2026 at 4.75% while the 2-year note ended at 4.28%.
South Korea’s GDP grew 0.6% QoQ in Q2 2024, beating the 0.4% forecast on data released July 25, 2024, driven by a rebound in exports—notably semiconductors and AI memory chips—and solid automobile sales with modest priv…
The two largest U.S. integrated supermajors, Exxon Mobil (XOM) and Chevron (CVX), reported second-quarter profits that surged on rising oil prices due to renewed geopolitical tensions in the Middle East. With these two …
The midstream energy sector continues to demonstrate its commitment to returning capital to shareholders. Major energy infrastructure companies recently announced sequential increases in payouts during Q3 2026, bolsteri…
Chip stocks rallied this week on a wave of strong tech earnings, and investors rewarded semiconductor ETFs with a rush of new cash. Three funds tracking the chip sector ranked among those pulling in the most new money, …
The second quarter of 2026 stood in stark contrast to the first. Our last letter concluded with our suspicion that markets were looking for a reason to go back up. They found one over and over again with each new announ…
Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Co…
The Federal Reserve left its policy rate unchanged at 3.50% to 3.75% in a split 9-3 vote, while reiterating that inflation remains above target and the FOMC is committed to restoring price stability. On the surface, the…