Steve

Steve

Foreign central banks reduce Treasury holdings

Foreign central banks reducing their holdings of U.S. Treasury securities is a development that has caught the attention of economists, investors, and policymakers alike. This trend signals a shift in how global monetary authorities are managing their reserves and reflects…

U.S. GDP revised upward in final Q2 reading

The U.S. economy’s performance in the second quarter of 2025 just got a bit clearer with the final GDP reading showing an upward revision. This adjustment paints a more optimistic picture compared to earlier estimates, reflecting stronger economic activity than…

Federal budget deficit narrows more than expected

The recent news that the **federal budget deficit has narrowed more than expected** is a development that catches attention, especially given the ongoing concerns about the nation’s fiscal health. Let’s unpack what this means and why it matters in a…

Chinese manufacturing rebounds on domestic demand

China’s manufacturing sector is showing promising signs of bouncing back, largely fueled by a resurgence in domestic demand. After months of contraction and uncertainty, recent data reveals that factories across the country are starting to pick up pace again, driven…

Automaker shares fall as EV competition intensifies

Automaker shares have taken a noticeable hit recently as the electric vehicle (EV) market heats up and competition intensifies. The automotive industry is undergoing a massive transformation, and investors are reacting to the shifting landscape with caution. The rise of…

Currency volatility index hits post-COVID high

The currency volatility index has recently surged to its highest point since the COVID-19 pandemic, signaling a renewed wave of uncertainty in global foreign exchange markets. This spike reflects a complex mix of economic forces and investor behavior that are…