Gresham

The Wall Street Journal reported late Wednesday, citing people familiar with the matter, that China is putting a six-month limit on rare-earth export licenses for US automakers and manufacturers. China’s agreement to temporarily restore rare-earth licenses was one of the key breakthroughs in the lat

He said: The seams are starting to fray in Britain’s labour market. Unemployment and jobless benefit claims were both up in May, job vacancies have fallen to four year lows and wage growth is slowing, though it remains elevated. We have also seen an alarming drop in payrolled employees, which fell b

S&P 500 rose following NFPs beat, but alongside Nasdaq sold off into the close – unlike Russell 2000. Markets chose to ignore weakening macro elements from prior months‘ downside revisions (95K for two months is a lot), decreasing participation rate or wobbly used car prices. The consumer is sim

Introduction As global trade tensions escalate and hopes for a swift recovery fade, the world economy faces a pivotal moment in 2025—characterized by a general slowdown in growth, yet tempered by relative stability in certain financial segments, especially the European private credit markets. While

Silver has experienced a significant breakout, decisively surpassing its previous high from October 2024. This signals the start of the next upward leg in its price trajectory. From the last notable low on April 7, 2025, the rally has been unfolding as an impulsive wave with an extended structure, o

USD pushed above 99.129 ahead of JOLTS, signaling early bullish sentiment.Stronger-than-expected JOLTS print reinforced the dollar’s upward momentum.All eyes now on ADP and ISM data for confirmation of a broader dollar recovery. The U.S. dollar extended its upward momentum on Tuesday, continuing a t

Asia Market Update: Asian equities again follow US equities higher with KR leading post-election; US SLX/ALUM tariffs take effect; Focus on US May Services ISM, CA BOC Rate Decision, US Fed Beige Book. General trend - Continued positive US mood again flowed through to Asian equities with tech and ch

Market wrap Asian equity markets are broadly in the red today as investors trim risk exposure amid a renewed flare-up in U.S.-China tensions. What started as posturing is now veering dangerously close to a breakdown in the fragile truce announced on May 12. After President Trump accused Beijing on F

AUD/USD is holding above key support at 0.6400 but faces near-term resistance between 0.6500-0.6540, BBH FX analysts report. 1Capex disappointment weighs, but AUD holds 0.6400 "Australia private new capital expenditure (capex) unexpectedly contracted over Q1. Capex fell -0.1% q/q (consensus: 0.5%) v

GBP/USD softens to near 1.3435 in Thursday’s early European session. The federal trade court struck down Trump's reciprocal tariffs, supporting the US Dollar. Odds of more BoE rate cuts fall as food inflation rises. The GBP/USD pair trades in negative territory around 1.3435 during the early Europea