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The Federal Reserve's primary inflation rate rose more than expected, diminishing odds of a July rate to President Trump's dismay. S&P 500 futures rose.

These monster stocks could still grow by leaps and bounds, given their growth catalysts.

Gold remains under pressure as risk sentiment improves, but support from a weak US Dollar and Fed uncertainty keeps the long-term bullish trend intact.

The GBP/USD outlook is extremely bullish after the dollar loses further due to Trump’s criticism of the Fed.

Cryptocurrency markets are slightly down on Friday morning as BTC faces resistance near the $107,000 mark, with thin spot volumes and weak speculative drive raising questions about the rally's strength.

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Asian shares climbed, and a measure of global stocks was set for yet another record high, fuelled by optimism surrounding trade agreements and rising expectations for interest rate cuts by the Federal Reserve this year.

EUR/USD is wavering around 1.1700 with investors bracing for the US PCE Price Index release.

In 2023 and 2024, the Fed was under intense public and media scrutiny for calling the post-pandemic surge in inflation “transitory.”

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MRC Global’s first quarter results met Wall Street’s revenue expectations but the market responded negatively, with shares trading down sharply following the release. Management attributed the year-on-year sales decline to lingering macroeconomic headwinds, but highlighted sequential growth across all business sectors, particularly in gas utilities. CEO Rob Saltiel described the completion of inventory destocking and resurgence in gas utilities as key drivers, noting, "Our backlog has continued to increase in the second quarter, led by our US segment." The company also pointed to higher backlog levels as an indicator of improving demand, even as operating margins contracted compared to last year.

According to Jim Zelter of Apollo Global Management, President Donald Trump has already set the stage for passing the blame.

The Pound Sterling clings to gains near 1.3750 against a weakened US Dollar amid Trump-Powell policy tensions.

On an adjusted basis, the company reported earnings of $0.51 per share for the fiscal third quarter, while analysts expected it to post $0.47 per share in earnings.

Yesterday’s US data was a mixed bag, failing to unequivocally endorse the recent speculation on Fed rate cuts.

Gold has fallen to $3,296 per troy ounce, despite a weaker US dollar, as investors remain focused on the potential easing of Federal Reserve policy.

AZEK’s first quarter delivered results that surpassed Wall Street’s revenue and profit expectations, with management pointing to strong residential segment growth and continued traction from new product launches. CEO Jesse Singh credited mid-single-digit sell-through in the residential channel and expansion across the TimberTech and Versatex brands as key contributors. The company also emphasized that disciplined inventory management and targeted investments in merchandising and displays supported channel growth, while margin resilience reflected ongoing recycling and cost initiatives.

The company's 25.9 million funded accounts make it a legitimate industry player, with numerous long-term growth opportunities still ahead.

Mohamed El-Erian has voiced concerns about the Federal Reserve that it is "getting harder to convince people that the Fed is apolitical."

On Thursday, the index fell to an intraday low of 97, marking the lowest since March 1, 2022, before rebounding to 97.15 by the close.