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ECB Holds Rates with Attention on Energy ECB Holds Rates with Attention on Energy

The European Central Bank left its key interest rates unchanged at its July meeting after delivering a 25-basis-point hike in June, its first increase in three years.

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Alphabet Q2: AI Strategy Starts Paying Off Alphabet Q2: AI Strategy Starts Paying Off

Alphabet's second-quarter 2026 results show that its AI strategy is moving beyond long-term ambition and delivering measurable financial results.

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One of the Year's Strongest Trades Loses Speed One of the Year's Strongest Trades Loses Speed

July has brought a sharp reversal for momentum stocks, unwinding one of the market's most crowded trades.

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Consumers are Choosing Memories Over Material Goods Consumers are Choosing Memories Over Material Goods

US consumers are increasingly spending on experiences rather than physical goods.

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Trump Targets Canada Again Trump Targets Canada Again

Donald Trump has opened a new chapter in his trade dispute with Canada, announcing tariffs of up to 50% on a range of Canadian imports.

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US Equity Issuance Hits Record High US Equity Issuance Hits Record High

US companies raised a record $252 billion through equity markets in the second quarter of 2026, surpassing the previous quarterly peak set in early 2021. The surge was driven by a combination of initial public offerings (IPOs), follow-on share sales, convertible bond issuance, and SPAC transactions, reflecting a sharp revival in capital market activity.

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UK Economy Returns to Growth in May UK Economy Returns to Growth in May

The UK economy grew by 0.1% month-on-month in May 2026, aligning precisely with market expectations. This modest expansion marks a timely stabilization, turning around from the 0.1% contraction witnessed during the previous month.

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U.S. Producer Inflation Eases U.S. Producer Inflation Eases

U.S. producer price inflation cooled much more than anticipated in June, signaling a marked reduction in wholesale-level price pressures. The Producer Price Index (PPI) registered a 5.5% year-over-year increase, comfortably below the 6.2% growth rate projected by economists.

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