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Markets News
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Oil Surge Puts Global Markets Under Pressure as Inflation and Fed Rate Risks Rise
Rising oil prices and higher bond yields are pressuring global markets as investors await U.S. inflation data that could influence the Fed’s next rate decision.
Crypto’s 24/7 Trading Model Moves to Wall Street as Kalshi Targets Stock Perps
Kalshi is seeking approval for 24/7 perpetual futures tied to stocks like Tesla and Nvidia, bringing a crypto-style trading product into U.S. equity markets.
PayPal Launches PYUSDx as Custom Stablecoin Platform Surpasses $100M in Volume
PayPal, M0, and MoonPay launched PYUSDx, allowing companies to create custom stablecoins backed by PYUSD. The platform has already processed more than $100 million in volume.
JPMorgan Raises Meta Price Target to $820 as AI Opens New Revenue Opportunities
JPMorgan raised Meta’s price target to $820, citing AI agents, subscriptions, and business AI services as potential new growth drivers beyond advertising.
U.S. Core PPI Falls Below Forecast as Producer Inflation Sends Mixed Signal to Fed
U.S. core PPI rose 0.2%, below the 0.3% forecast, while headline PPI climbed 0.4% as expected. The mixed data leaves markets focused on Friday’s CPI report.
US Hits Iranian Oil Tankers as Persian Gulf Tensions Raise Risk of $120 Crude
US strikes on Iranian oil tankers have increased Persian Gulf tensions and raised concerns over global energy supplies. A wider conflict could push crude prices toward $120 and create new inflation risks for markets.
China’s Exports Surge 25% as AI Demand and Tech Shipments Drive Growth
China’s exports jumped 25% in August, driven by AI, technology products, and clean energy demand. The trade surplus reached $119.1 billion despite domestic economic challenges.
Japan’s Record Yen Intervention Sends Foreign Reserves Down $79.6 Billion
Japan’s foreign reserves dropped by a record $79.6 billion after Tokyo spent nearly $98.7 billion selling dollars and buying yen. The intervention strengthened the currency but raised questions about its long-term impact on global markets.
ECB Set to Raise Rates to 2.5% as Energy Shock Pushes Eurozone Inflation Higher
The ECB is expected to raise rates to 2.5% as energy prices and eurozone inflation rise above 3%. Markets see the move as a response to inflation risks, while further hikes remain uncertain due to growth concerns
European Central Banks Shift Gold Reserves as Geopolitical Risks Increase
European central banks are adjusting gold storage strategies as geopolitical risks increase. The Netherlands moved 86 Tons of gold to London, while global central bank demand for bullion remains near historically high levels.
Nike to Exit S&P 100 After 18 Years in Upcoming Index Rebalance
Nike will leave the S&P 100 after 18 years as part of a quarterly rebalance. The company remains in the S&P 500 despite a major decline from its 2021 market peak
US Hits Three Iranian Oil Tankers as Persian Gulf Tensions Raise Risk of $100 Crude
Iran launched missile attacks on two U.S. Navy warships, prompting the U.S. to strike three Iranian oil tankers. Rising tensions could push oil toward $100 and increase volatility across global markets and crypto.
US CPI, PPI Reports Become Key Test for Fed Rate Expectations Ahead of September Meeting
Markets await Friday’s CPI report as investors assess its impact on the Fed’s September meeting. Inflation data could determine whether rate hike expectations strengthen or weaken.
