News
Important Only
The Battle for a September Rate Cut Heats Up as Fed Consensus Frays
TradingKey - The Federal Reserve’s July 2025 policy meeting ended as expected — with no change to interest rates — but it marked a historic turning point in internal Fed consensus, shattering decades of unified messaging. While the FOMC statement leaned dovish, Chair Jerome Powell’s tone was notablyTradingKey
Thu, Jul 31
JGBs fall ahead of BOJ decision
By Junko Fujita TOKYO, July 31 (Reuters) - Japanese government bonds fell in early trading on Thursday as investors awaited the central bank's policy statement and accompanying quarterly outlook report to gauge the pace of potential interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose...Reuters
Thu, Jul 31
China's non-manufacturing activity grows at slower pace in July, PMI shows
BEIJING, July 31 (Reuters) - China's non-manufacturing activity expanded at a slower pace in July, an official survey showed on Thursday.The non-manufacturing purchasing managers' index (PMI), which includes services and construction, dropped to 50.1 from 50.5 in June, according to the Natio...Reuters
Thu, Jul 31
Trump plans to sign executive orders imposing higher tariffs on countries without deals, Politico reports
WASHINGTON, July 30 (Reuters) - President Donald Trump plans to sign new executive orders on Thursday imposing higher tariff rates on several countries that have been unable to reach negotiated trade deals with the United States, Politico reported, citing a White House official.Reuters
Thu, Jul 31
Aussie technology stocks hit record high on upbeat Microsoft, Meta results
** Australian technology stocks .AXIJ rise as much as 0.8% to 3,029.80, a record high** Shares of Microsoft MSFT.O and Meta Platforms META.O rose 9% and 11%, respectively, in extended trading after posting strong quarterly results ** ASX-listed shares of Life360 360.AX LIF.O rise over 2% to become tReuters
Thu, Jul 31
OpenAI hits $12 billion in annualized revenue, the Information reports
July 30 (Reuters) - ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, the Information reported on Wednesday. Reuters could not immediately confirm the report.Reuters
Thu, Jul 31
Trump hits Brazil with tariffs, sanctions but key sectors excluded
Tariffs imposed over prosecution of BolsonaroOver half of Brazilian exports have 50% tariff from August 6Aircraft, energy and others on lower tariffBy Luciana Magalhaes and Lisandra Paraguassu SAO PAULO/BRASILIA, July 30 (Reuters) - U.S. President Donald Trump on Wednesday slapped a 50% tariff on...Reuters
Thu, Jul 31
Fed leaves rates steady despite Trump pressure, gives no hint of September cut
US central bank leaves policy rate in 4.25%-4.50% rangeTwo Fed governors dissent on policy decisionTrump has repeatedly demanded that Fed cut ratesBy Howard Schneider and Michael S. Derby WASHINGTON, July 30 (Reuters) - The U.S. central bank held interest rates steady on Wednesday and Federal ResReuters
Thu, Jul 31
Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta narrows annual capex forecast amid AI raceZuckerberg invests billions in AI data centers, Scale AI stakeShares rise 11.2% in extended tradingMeta's AI-driven ad tools boost revenue despite economic uncertainty By Echo Wang and Jaspreet Singh July 30 (Reuters) - Meta Platforms META.O ...
Reuters
Thu, Jul 31
Albemarle posts surprise second-quarter profit on lithium demand; shares surge
Albemarle beats Q2 revenue expectations, helped by volume growthLowers 2025 capital expenditure planExpects to generate positive free cash flow in 2025By Vallari Srivastava July 30 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium for rechargeable batteries, posted a surpr...Reuters
Wed, Jul 30
Qualcomm's premium smartphone chip reliance, Apple modem loss overshadow upbeat forecast
Company forecasts strong chip sales despite tariff concernsQualcomm's non-Apple chip revenue up over 15% this fiscal yearCompany's Q3 sales and profit beat analyst estimatesBy Stephen Nellis and Akash SriramJuly 30 (Reuters) - Qualcomm's QCOM.O reliance on high-end smartphone chip sales ...Reuters
Wed, Jul 30
Airbus faces engine delays but reaffirms jet delivery targets
Airbus says faces gaps in engine supply from Pratt & WhitneyDelay comes on top of gaps in supplies from engine maker CFM Airbus burns cash but posts higher profit in second quarterNow expects Spirit Aero deal to close in fourth quarterBy Tim Hepher PARIS, July 30 (Reuters) - European planemak...Reuters
Wed, Jul 30
REITs end lower as US yields rise, Powell dents hopes for September rate cut
Shares of real estate investment trusts ended the regular session Wed with losses as Treasury yields rose in the wake of Federal Reserve Chair Jerome Powell comments that it is too soon to say whether the central bank will cut interest rates in September.Reuters
Wed, Jul 30
TREASURIES-US yields climb as Fed's Powell uncertain about September easing
NEW YORK, July 30 (Reuters) - U.S. Treasury yields rose on Wednesday after Federal Reserve Chair Jerome Powell said it's too soon to say whether the central bank will cut its interest rate target in September.Reuters
Wed, Jul 30
Microsoft Q4 Earnings Blow Past Estimates; Shares Rocket 8% After-Hours
TradingKey - On July 30, local time, Microsoft Corp. (MSFT) announced its fourth-quarter earnings after market close, surpassing market expectations. Its stock price surged more than 8% in after-hours trading, with a cumulative gain of 23% over the past six months.
TradingKey
Wed, Jul 30
In Line With Expectations, But Far From Calm — Fed Holds Rates Steady Once Again
TradingKey - On Wednesday afternoon (U.S. Eastern Time), the Federal Reserve once again delayed a rate cut, a decision widely anticipated by markets. This marks the fifth consecutive meeting at which the Fed has held rates steady, keeping the benchmark federal funds rate unchanged in the 4.25%–4.50%TradingKey
Wed, Jul 30
Equities retreat as Powell dampens Fed Sept cut hopes
July 30 (Reuters) - U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled expectations the central bank might be poised to cut rates at its September meeting.Reuters
Wed, Jul 30
Qualcomm forecasts revenue above estimates, betting on AI use to drive chip demand
July 30 (Reuters) - Qualcomm QCOM.O projected current-quarter sales above Wall Street expectations on Wednesday, wagering that growing AI capabilities in consumer devices will boost demand for its semiconductors despite ongoing global trade uncertainties.
Reuters
Wed, Jul 30
