Rising to 54.4, the first University of Michigan consumer sentiment index for July surpassed the 51.0 average and indicated a second consecutive monthly gain. One-year inflation expectations calmed, therefore supporting …
Rising to 54.4, the first University of Michigan consumer sentiment index for July surpassed the 51.0 average and indicated a second consecutive monthly gain. One-year inflation expectations calmed, therefore supporting a somewhat risk-friendly tone and strengthening the theory that inflation worry is declining instead of reaccelerating—the most significant factor for macro markets.
Market response was mixed but positive: the dollar was not very directional; gold moved toward session highs close to $4,000/oz; and risk assets received a slight raise from the mix of stronger consumer confidence and softer inflation expectations. For traders, the most important lesson is that this is a somewhat favorable growth reading free of new inflationary pressure that helps to keep near-term Fed repricing limited while still providing a supportive background for risk assets and rates-sensitive industries.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
