Analysis: Must Read

US employment figures revised downwards again

Clouds are gathering over the US labor market. After two disappointing employment reports, the BLS has announced a downward revision of the number of jobs created between April 2024 and March 2025:...

Confirmation and contradictions for Stephen Miran

The confirmation of Stephen Miran, appointed as Fed governor by Donald Trump, is well underway. On Wednesday, the Senate Banking Committee is expected to vote on whether to transfer his nomination to...

Miran, Cook, Powell's succession… an update on the Fed's "transfer market"

The dismissal of Lisa Cook, the confirmation of Stephan Miran, the long list of candidates to succeed Jerome Powell… the Fed's news now resembles that of a football transfer season. Five years of...

Why does the bond market like tariffs?

Donald Trump has this remarkable ability to make last spring seem like a distant memory. Indeed, it is true that the markets have experienced many ups and downs in just a few months. In bonds, tariffs...

Eurozone: inflation rises in August, status quo for the ECB

Inflation in the eurozone rose slightly in August, a move that reinforces expectations of monetary status quo at the ECB's next meeting next week. But the debate remains open on a future rate cut,...

5 questions about the legality of tariffs

On Friday, a federal appeals court invalidated most of the tariffs imposed by Donald Trump. A majority of the judges ruled that he had exceeded his authority under the International Emergency Economic...

No more gifts for small parcels

This Friday, the US will end the de minimis exemption. A six-month transition period will now begin, during which postal carriers will be able to pay a flat fee ranging from $80 to $200 per package,...

Time for after-sales service for Trump's tax law

Almost two months after Congress passed the tax bill, Donald Trump is struggling to convince Americans of its benefits. On the ground, Vice President Pence is stepping up his efforts as the midterm...

MarketScreener's roundup: sanctions for Nvidia, France, and the UK

Nbelievable Nvidia published once again stratospheric results yesterday evening. Despite this, the stock fell 3.5% in after-hours trading. It took more than that to impress investors. Especially since...

Can Trump really fire Lisa Cook?

If Jerome Powell hoped that opening the door to a rate cut would be enough to ease the pressure from the White House, he was wrong. Donald Trump yesterday ordered the dismissal of Governor Lisa Cook....

The Fed can lower rates, but…

This time, he went all out. After months of stalling on rate cuts, Jerome Powell clearly opened the door for the September meeting. This pivot in Jackson Hole was welcomed as it should be on Wall...

MarketScreener's roundup: mixed signals from the US economy and wind no longer blowing in Germany's sails

It is difficult to read the US economy at present as the indicators are so contradictory. This week provides another illustration of this: the manufacturing PMI has reached its highest level since...

The promise of American economic freedom overshadowed by central control

A new wind of economic interventionism is blowing through the US economy. While economic liberalism is seen as the cornerstone of US policy, Donald Trump is redrawing its contours.

The Fed faces a labor market conundrum

This week, all eyes are on Jackson Hole and Jerome Powell's speech. Between the September rate cut, the review of the monetary policy framework, and his own assessment of his two terms at the helm of...

Solar energy, a symbol of Chinese industrial overcapacity

By investing early in renewable energies, China has become the leader in this industry. While Beijing can now boast that it controls most of these value chains, there is a downside to this leadership:...

All eyes are on the Chinese stock market: a 10-year record

The Chinese stock market's surge is not due to strong economic indicators, but to renewed confidence in the capital markets, both in mainland China and in Hong Kong.

Target: New CEO Appointment Sparks Market Sanction

Despite better-than-expected quarterly results, the appointment of Target's new CEO, Michael Fiddelke, was met with a cool reception by the markets. Losing ground to its competitors, the company is...

Jackson Hole: pressure from Donald Trump and time to take stock for Jerome Powell

It's the name that marks the end of the summer for investors: Jackson Hole. The annual symposium organized by the Fed marks the start of the new season for central bankers. While Jerome Powell will be...

UK inflation climbs to 18-month high of 3.8% in July

UK consumer price inflation rose to 3.8% in the year to July, up from 3.6% in June, marking the highest rate since January 2024. The increase leaves Britain with the highest inflation among the G7...