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Japan's minority government faces election snub as economic storm brews
TOKYO, July 18 (Reuters) - Japan's shaky minority government is poised for another setback in an upper house vote on Sunday, an outcome that could jolt investor confidence in the world's fourth largest economy and complicate tariff talks with the United States.Reuters
Fri, Jul 18
Fed's Waller wants July interest rate cut amid rising growth, job market risks
NEW YORK, July 17 (Reuters) - Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the strong likelihood that tariff-induced inflation will not drive a persReuters
Fri, Jul 18
S&P 500, Nasdaq End at Record Highs. Nvidia, Microsoft, TSMC Refresh New Highs; Lucid Soars 36%; BTCS Jumps 7%
The S&P 500 stock index and the Nasdaq Composite both finished at record highs on Thursday, as investors embraced strong economic data and earnings reports that showed American consumers remained willing to spend.Market SnapshotThe Dow Jones Industrial Average rose 229.71 points, or 0.52%, to 44,484Tiger News
Fri, Jul 18
Oil jumps $1 after further drone attacks on Iraq oil fields
Middle East tensions add volatility to oil marketTight crude, product inventories support marketAnalysts expect possible price weakness before US tariffs revealedBy Erwin Seba HOUSTON, July 17 (Reuters) - Oil prices rose $1 on Thursday after drones struck Iraqi Kurdistan oil fields for a fourth d...Reuters
Thu, Jul 17
U.S. June Retail Sales Far Exceed Expectations — But Is the Tariff-Driven Inflation Illusionary?
TradingKey - On Thursday, July 17, the U.S. Department of Commerce released data showing that June 2025 retail sales rose 0.6% MoM, rebounding sharply from -0.9% in May — and well above the forecast of 0.1%. The core retail sales rate also improved from -0.3% to 0.5%, above the expected 0.3%.
TradingKey
Thu, Jul 17
Swiss June gold exports jump 44% month on month as bullion returns to UK
LONDON, July 17 (Reuters) - Gold exports from Switzerland jumped 44% month on month in June to the highest level since March as bullion flew back to the vaults in the United Kingdom from the United States via Swiss refineries, Swiss customs data showed on Thursday.Reuters
Thu, Jul 17
As Gold Peaks Fade, Does Silver Rise?
TradingKey - While gold has dominated investor attention in 2025, driven by macroeconomic uncertainty, rising tariffs, and geopolitical tensions, silver has quietly outperformed, with year-to-date gains surpassing gold and analysts forecasting further upside from industrial demand, reserve
US STOCKS-Wall Street futures muted as TSMC results fail to lift cautious mood
July 17 (Reuters) - U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.Reuters
Thu, Jul 17
Trump Jr.-backed GrabAGun recovers slightly after sharp NYSE debut drop
July 17 (Reuters) - Donald Trump Jr.-backed GrabAGun's PEW.N shares inched up 2% in premarket trading on Thursday, recovering slightly after tumbling 24% in their New York Stock Exchange debut following a blank-check merger.Reuters
Thu, Jul 17
Fed's Beige Book: Inflation Not as Severe, Job Market Stable, But Both Under Strain
TradingKey - On Wednesday (16th), the Federal Reserve released the Beige Book, indicating that economic activity saw some improvement from late May through early July, but the overall outlook remains cautiously pessimistic.TradingKey
Thu, Jul 17
From Chip Design to Potential ASIC Manufacturing — Analysts Double ARM Price Target
TradingKey - As Arm Holdings (ARM) shows increasing signs of entering the ASIC chip manufacturing space, analysts are revising their valuations higher — with BNP Paribas recently doubling its price target from $110 to $210, and upgrading the stock from “Neutral” to “Outperform”.
TradingKey
Thu, Jul 17
Rumors of Trump Firing Powell Lifts 30-Year Treasury Yields Above 5%; Wall Street Warns of Higher Levels
TradingKey - On Wednesday, July 16th, Eastern Time, long-term US Treasury yields soared following reports that President Trump was set to dismiss Federal Reserve Chairman Jerome Powell, only to retract somewhat after Trump denied the claims. The 30-year US Treasury yield remains above 5%.TradingKey
Thu, Jul 17
Pharma Giant Flexes Financial Muscle — Novartis Posts Strong Earnings, Announces $10 Billion Buyback
TradingKey - In the early hours of July 17 (U.S. Eastern Time), Swiss pharmaceutical giant Novartis (NVS.US) released its Q2 2025 earnings report and announced a new share buyback program of up to $10 billion.
TradingKey
Thu, Jul 17
Japan’s “Triple Selloff” Risk — Stocks, Bonds, and Yen All Under Pressure Ahead of Sunday’s Upper House Election
TradingKey - On Sunday, July 20, Japan will hold its upper house election, a vote that could reshape the country’s political and fiscal trajectory. Analysts are sounding the alarm: if the ruling coalition fails to secure a majority, it could trigger a rare “triple selloff” in Japanese stocks, bonds
TradingKey
Thu, Jul 17
TSMC posts record quarterly profit on AI demand, but wary about tariffs
TSMC posts 60% jump in second-quarter profitOutlook clouded somewhat by strong Taiwan dollar/tariffsCompany says demand for AI is only getting stronger By Wen-Yee Lee, Faith Hung and Ben Blanchard TAIPEI, July 17 (Reuters) - TSMC 2330.TW, the world's main producer of advanced AI chips, posted...Reuters
Thu, Jul 17
OpenAI Teams Up with Google Cloud: Can This Deal Cure Microsoft Dependency?
TradingKey - On July 17, OpenAI updated its vendor list on its official website, confirming Google Cloud as one of its partners. This move reflects OpenAI's significant step toward diversifying its computing resource supply and further reducing dependency on its long-term partner, Microsoft.
TradingKey
Thu, Jul 17
Walmart Slashes Hundreds of Mid-Level Support Roles — Management Restructuring Underway
TradingKey - U.S. retail giant Walmart (WMT.US) is reportedly cutting hundreds of in-store support positions, including roles such as market coordinators and certain training staff. The move is part of the company’s broader strategy to streamline its organizational structure and enhance operational
TradingKey
Thu, Jul 17
