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FedEx’s shares slide despite Q4 profit beat

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USD rises amid progress in US-Iran peace talks

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Gold prices rise after 3 weeks of decline

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Kroger shares fall despite Q1 sales beat

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Brent crude falls below $80 on US-Iran peace deal

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JPY gains versus USD on strong trade data

Trends & Analysis
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FedEx’s shares slide despite Q4 profit beat

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USD rises amid progress in US-Iran peace talks

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Gold prices rise after 3 weeks of decline

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Kroger shares fall despite Q1 sales beat

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Brent crude falls below $80 on US-Iran peace deal

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JPY gains versus USD on strong trade data

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News & Insights
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USDCAD
25/06/2026 03:11
Macro Preview
Commodity News
Market Sentiment
Economic Indicators
U.S. Crude Oil Stocks Plummet by 6.088 Million Barrels, Sparking Market Volatility Amid Geopolitical Tensions and Supply Optimism
On June 24, 2026, the U.S. Energy Information Administration (EIA) released data indicating a significant decrease in crude oil stocks for the week ending June 19. The actual draw was reported at -6.088 million barrels, which exceeded market expectations of a -4.5 million barrel decline. Following this release, sentiment shifted as traders reacted to both inventory levels and broader market conditions influenced by geopolitical factors such as developments related to Iran's oil exports and shipping through the Strait of Hormuz. Reports indicated that total U.S. crude oil inventories fell to their lowest level since October 1984 when including Strategic Petroleum Reserve figures; excluding SPR reserves showed similar trends with stockpiles dropping significantly across various regions like Cushing hub—now at its lowest since October 2014—and Midwest areas reaching lows not seen since November 2014. Market reactions included notable declines in WTI crude prices following these reports due partly to increased supply optimism from potential normalization between Iranian operations post-conflict resolution efforts alongside rising refinery utilization rates despite current draws on gasoline and distillate stocks exceeding forecasts negatively impacting overall price stability within energy markets during trading sessions immediately after the report’s publication.
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25/06/2026 03:11
Macro Preview
Commodity News
Market Sentiment
Analyst Ratings
Economic Indicators
EIA Reports Unexpected 2.064 Million Barrel Increase in Gasoline Stocks, Sparking Concerns Over Oversupply Amidst Declining Crude Prices
On June 24, 2026, the U.S. Energy Information Administration (EIA) released data on gasoline stocks change for the week ending June 19, reporting an increase of 2.064 million barrels. This figure significantly deviated from market expectations which forecasted a decrease of -0.6 million barrels. Following this release at approximately 14:30 UTC, sentiment shifted as analysts noted that actual gasoline inventories rose contrary to predictions of a drawdown in stock levels—indicating potential oversupply concerns within the market context where crude oil and distillate stocks also saw unexpected increases according to related news reports. The immediate reaction reflected heightened awareness around supply dynamics; while there was some focus on broader trends such as declining crude oil prices due to geopolitical factors involving Iran and ongoing discussions about energy policies under President Trump's administration regarding ethanol blends in fuel production—which could influence future demand patterns—the stark contrast between expected versus actual figures led many traders to reassess their positions concerning petroleum products moving forward into summer driving season demands.
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25/06/2026 02:41
Macro Preview
Economic Indicators
Market Sentiment
Company-Specific Reports
U.S. New Home Sales Plummet to 580,000 in May 2026, Falling Short of Expectations and Signaling Market Decline Amid Rising Inventory and Policy Concerns.
On June 24, 2026, the U.S. Census Bureau released data on New Home Sales for May 2026. The actual sales were reported at an annualized rate of 580,000 units, significantly below market expectations which forecasted a figure of approximately 640,000 units. This represents a decline of about 7.3% from April's revised figures (626,000), marking the lowest level in four months. Market sentiment has shifted negatively following this release due to several factors highlighted in news reports and analysis surrounding the event. Notably mentioned was that new home sales fell primarily because of substantial declines observed particularly in Western states (-26.9%) and Southern regions (-4%), while there were modest increases noted only in Northeast (+3%) and Midwest markets (+16%). Additionally, inventory levels have risen sharply with supply now estimated at over ten months' worth compared to just under nine months previously. The cancellation by President Trump regarding housing legislation aimed at improving affordable housing availability further contributed to negative sentiments within the real estate sector as it raised concerns among investors related to future policy support for homebuilding activities amidst already declining sale trends across various regions.
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25/06/2026 02:41
Macro Preview
Economic Indicators
Market Sentiment
Company News
U.S. New Home Sales Plummet 7.3% in May, Falling Short of Expectations Amid Rising Inventory and Economic Uncertainty
On June 24, 2026, the U.S. Census Bureau released data on New Home Sales for May, reporting a month-over-month decline of 7.3%, with actual sales at an annualized rate of 580,000 units—significantly below market expectations which had forecasted around 640,000 units following an upwardly revised figure of 626,000 in April. Market sentiment has shifted negatively as this unexpected drop marks the second consecutive monthly decrease and is attributed primarily to declines in regions such as the West (-26.9%) and South (-4.1%). The Northeast saw modest gains (+3%), while Midwest sales surged by +16%. Additionally, new home supply increased from approximately nine months' worth to over ten months’ worth at current selling rates—a sign that inventory levels are rising amid stagnant demand conditions. The broader context includes President Trump's recent cancellation of a housing bill signing aimed at improving affordable housing availability; this uncertainty may further dampen investor confidence within real estate markets already facing challenges like high mortgage rates and fluctuating prices amidst overall economic pressures reflected across various sectors including technology stocks reacting poorly due to inflation concerns post-data release.
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25/06/2026 01:51
Macro Preview
Economic Indicators
Market Sentiment
Sector Strength
Market anticipates ISM Manufacturing PMI of 54.8 for June 2026, buoyed by positive S&P Global flash report indicating stronger sector growth.
The upcoming event is the ISM Manufacturing PMI for June 2026, scheduled to be released on July 1, 2026. The market anticipates a reading of approximately 54.8 based on recent trends and expectations from other manufacturing data releases. Recent sentiment has shifted positively following the U.S. S&P Global flash manufacturing PMI report which showed an increase to 55.7 in June compared to forecasts of only 54.8 (reported at UTC time: June 23, around midday). This suggests that there may be stronger-than-expected growth within the sector leading up to the ISM release as it indicates expansion above the neutral level of fifty percent. Additionally, improvements were noted across various sectors with reports indicating better business activity overall; specifically highlighted was a composite PMI rise reflecting positive momentum despite some concerns regarding inflationary pressures and geopolitical uncertainties affecting broader economic conditions globally—particularly related to tech valuations amid rising interest rate fears by central banks including those in Europe and North America. Overall, while previous months have shown mixed results—with April's figure falling short against expectations—the latest indicators suggest optimism among analysts ahead of this key monthly survey due next week.
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25/06/2026 01:51
Macro Preview
Economic Indicators
Market Sentiment
Sector News
ISM Manufacturing Employment Report Set for July 1, Amid Positive PMI Signals and Caution Over Rising Input Costs.
The upcoming ISM Manufacturing Employment report for June 2026 is scheduled to be released on July 1, 2026, at 14:00 UTC. This event measures employment trends within the manufacturing sector based on responses from purchasing and supply executives across the United States. The market anticipates this release with a focus on how it reflects changes in economic conditions compared to previous months. Recent data indicates that sentiment around U.S. manufacturing has been relatively positive leading up to this report; specifically, S&P Global's flash composite PMI rose unexpectedly to 52.2 in June (up from May’s reading of 51.5), suggesting improved business activity overall despite some concerns regarding employment cuts amid rising raw material prices as noted by various news sources dated June 23, indicating resilience in the face of challenges faced by manufacturers. Market expectations prior to this ISM release are likely influenced by these recent improvements seen through other indicators such as higher PMIs reported recently which signal expansion above neutral levels (50). However, there remains caution due primarily to ongoing issues like input costs and potential impacts from interest rate hikes mentioned broadly across financial reports during late-June discussions about broader economic health both domestically and internationally.
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25/06/2026 01:42
Macro Preview
Economic Indicators
Market Sentiment
Company-Specific Reports
Dallas Fed Manufacturing Index Release on June 29 Expected Amid Cautious Optimism Following Improved S&P Global PMI and Cooling Input Costs.
Event: Dallas Fed Manufacturing Index Country: United States Category: Economic Indicator (Manufacturing) Description: The index measures the performance of Texas's manufacturing sector, derived from a survey of around 100 business executives. A reading above 0 indicates expansion; below 0 represents contraction. Upcoming Release Date and Time (UTC): June 29, 2026 at 14:30 Pre-release Expectations: As of now, there are no specific pre-release expectations available for this upcoming release on June data. However, recent trends in related economic indicators suggest that market participants may be cautiously optimistic about potential improvements following previous contractions indicated by earlier releases. Recent Sentiment Changes: On June 23rd news highlighted an improvement in U.S. S&P Global Composite PMI to a score of **52.2**, indicating better-than-expected activity across sectors which could positively influence sentiment towards the forthcoming Dallas Fed Manufacturing Index report as well. Additionally, reports noted resilience within the broader U.S manufacturing landscape with input costs showing signs of cooling despite ongoing concerns over employment cuts and supply chain issues affecting factory growth—factors likely contributing to cautious optimism ahead of next week's release.
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25/06/2026 01:32
Macro Preview
Economic Indicators
Market Sentiment
Macro News
JOLTs Job Openings Data Release on June 30, 2026, Sparks Cautious Optimism Amid Mixed Employment Sentiment and Market Volatility.
Event: JOLTs Job Openings Country: United States Category: Job Offers Source: U.S. Bureau of Labor Statistics Importance Level: 3 The upcoming release for the JOLTs job openings data is scheduled for June 30, 2026, at 14:00 UTC and will cover the reference period ending May 31, 2026. The market anticipates this report with keen interest as it provides insights into labor demand in a recovering economy. Recent sentiment surrounding employment indicators has been mixed but generally cautious due to fluctuating economic conditions. In particular, there was an increase in job openings reported previously—April's figures showed a rise to approximately **7.6 million**, significantly exceeding expectations of around **6.88 million** jobs available—a positive sign that may influence future hiring trends positively. However, recent news indicates some volatility within broader markets; Wall Street experienced declines leading up to other significant releases such as GDP and initial claims reports expected shortly before the JOLTS announcement on July’s first day (July being historically impactful). Additionally, concerns about high-interest rates have led investors to reassess their positions regarding potential rate hikes by the Federal Reserve later this year based on inflationary pressures observed recently. Overall market perception appears cautiously optimistic ahead of these forthcoming numbers while remaining sensitive towards macroeconomic signals like those from monetary policy discussions or shifts indicated through related employment metrics released earlier in June.
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25/06/2026 01:22
Macro Preview
Economic Indicators
Market Sentiment
Positive Market Movement
Chicago PMI Release on June 30 Expected Amid Positive U.S. Economic Sentiment Despite Inflation Concerns
Event: Chicago PMI Country: United States Category: Economic Indicator (Manufacturing) Description: The Chicago PMI measures the performance of manufacturing and non-manufacturing sectors in the Chicago region. A reading above 50 indicates expansion, while below signifies contraction. It is released one day before the ISM Manufacturing Index. The upcoming release for June's Chicago PMI is scheduled for June 30, 2026, at 13:45 UTC. Pre-release expectations are not explicitly stated; however, recent data from related indicators suggests a positive sentiment towards U.S. economic activity overall. On June 23rd, it was reported that the S&P Global flash composite PMI rose to an unexpected level of 52.2 compared to previous readings which were lower than anticipated—indicating better-than-expected business activity across various sectors within the U.S., including both services and manufacturing segments with respective PMIs showing improvements as well (manufacturing at approximately mid-range growth). This has likely contributed positively toward market sentiments regarding future releases like that of the Chicago PMI. Overall market sentiment appears cautiously optimistic following these encouraging signs from other indices despite some concerns about inflationary pressures due to rising energy costs stemming from geopolitical tensions affecting supply chains recently highlighted by fluctuations in oil prices linked to Middle Eastern conflicts earlier this year.
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25/06/2026 01:12
Macro Preview
Economic Indicators
Market Sentiment
Commodity News
U.S. Current Account Deficit Widens to $226.8 Billion in Q1 2026, Exceeding Expectations and Raising Concerns Over Economic Stability
On June 24, 2026, the U.S. Bureau of Economic Analysis released data on the Current Account for Q1 2026 at approximately 12:30 UTC. The actual deficit reported was -226.8 billion dollars, which exceeded market expectations that forecasted a smaller deficit of -217.5 billion dollars. Market sentiment shifted negatively following this release as analysts noted that the widening current account gap reflects ongoing economic challenges despite governmental efforts to reduce it through tariffs and increased energy exports due to geopolitical tensions in regions like the Middle East affecting oil prices. This marked an increase from a revised previous quarter's balance of -221.1 billion dollars (Q4), indicating persistent issues with trade balances and net income flows impacting overall financial stability. The news highlighted concerns regarding how these deficits could affect future monetary policy decisions by authorities aiming to stabilize or stimulate growth amidst rising inflationary pressures linked partly to external factors such as global commodity price fluctuations driven by conflict-related supply disruptions.
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25/06/2026 01:02
Macro Preview
Macro Event
Market Sentiment
Economic Indicators
Earnings
Fed President Williams' Upcoming Speech Sparks Market Speculation on Interest Rate Hikes Amid Persistent Inflation Concerns.
Event: Fed Williams Speech Country: United States Category: Interest Rate Source: Federal Reserve The upcoming speech by Fed President John Williams is scheduled for June 25, 2026, at 19:40 UTC. Market expectations leading up to this event are heavily influenced by the recent decisions and projections from the U.S. Federal Reserve regarding interest rates. Following a meeting where it was decided to maintain current interest rates in the range of 3.50% to 3.75%, there has been an increasing sentiment among investors that high-interest rate levels may persist throughout the year. Recent news indicates that traders have shifted their outlook significantly towards expecting further rate hikes rather than cuts; as per CME Group's FedWatch Tool, there's currently about a one-third chance (34%) projected for a quarter-point increase during July’s FOMC meeting while approximately two-thirds anticipate no change in policy at that time (65%). This shift reflects growing concerns over inflation remaining elevated despite some economic indicators showing weakness—such as declines in new home sales and mortgage applications—as well as widening trade deficits. Sentiment around these developments appears cautious yet optimistic within certain sectors like technology following positive earnings reports which suggest resilience amidst broader market pressures due to anticipated monetary tightening measures from central banks including the Federal Reserve itself. The overall mood remains focused on how future comments or insights provided during speeches such as William's could influence investor confidence moving forward into potential adjustments of fiscal policies aimed at managing ongoing inflationary challenges faced domestically and globally.
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25/06/2026 00:31
Macro Preview
Economic Indicators
Market Sentiment
Company News
U.S. Housing Market Shows Positive Momentum with Rising Home Prices Amid Economic Uncertainties Ahead of April 2026 S&P/Case-Shiller Index Release
The upcoming event is the release of the S&P/Case-Shiller Home Price Index Year-over-Year data for April 2026, scheduled for June 30, 2026. The market anticipates a year-on-year increase in home prices; however, specific pre-release expectations are not detailed. Recent sentiment surrounding U.S. housing has shifted positively following reports indicating that home prices rose by 0.3% month-over-month in May and experienced an annual growth rate of approximately 2.5%, marking the fastest pace seen in six months according to Redfin's report on June 23, which aligns with improvements noted across various metropolitan areas like Cleveland and New York City where price increases were significant (1.8%). This uptick was attributed largely to stronger buyer demand linked to lower mortgage rates earlier this spring season. Despite these positive indicators from recent news feeds suggesting renewed strength within certain segments of the housing market due to favorable conditions such as declining mortgage rates driving up demand—there remains caution among analysts regarding potential fluctuations ahead given ongoing economic uncertainties including inflation pressures and interest rate considerations highlighted during discussions around broader financial markets recently affected by tech stock volatility.
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25/06/2026 00:12
Macro Preview
Economic Indicators
Market Sentiment
Negative Market Movements
Michigan Consumer Sentiment Index Expected to Stabilize at 50.0 Amid Ongoing Inflation and Geopolitical Concerns, Following Record Low of 44.8 in May
The upcoming event is the Michigan Consumer Sentiment Final for June 2026, scheduled to be released on June 26 at 14:00 UTC. The market anticipates a forecast of 50.0 for this index, which measures consumer expectations regarding their financial situation and overall economic outlook. Recent sentiment surrounding consumer confidence has been notably negative due to rising inflation concerns and geopolitical tensions affecting energy prices. In May, the University of Michigan's Consumer Sentiment Index fell sharply to a record low of 44.8 from an initial estimate of higher values earlier in the year; this decline was attributed primarily to high living costs impacting lower-income households more severely than others. As such, there are indications that consumers remain pessimistic about both current conditions and future prospects despite some recent improvements noted in other sectors globally—such as increased business confidence reported elsewhere (e.g., Czech Republic). This context suggests that while pre-release forecasts expect stabilization or slight improvement with a score around neutral levels (50), actual outcomes may reflect ongoing anxieties over personal finances amid broader economic challenges highlighted by previous releases showing significant declines across various demographics within U.S. consumer sentiment data history leading up through early summer months into mid-2026.
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25/06/2026 00:12
Macro Preview
Economic Indicators
Market Sentiment
Analyst Ratings
US ADP Employment Report Set for July 1: Analysts Anticipate Cautious Recovery with Job Additions Expected Around 25,500 Amid Economic Uncertainties.
Event: ADP Employment Change Country: United States Category: Labor Market Data Description: The ADP National Employment Report tracks monthly changes in US private-sector employment based on payroll data from over 26 million employees. It provides insights into labor market trends and is produced by the ADP Research Institute. The upcoming release of the June 2026 report, scheduled for July 1 at 12:15 PM UTC (08:15 AM ET), follows a preliminary estimate indicating that U.S. private employers added an average of approximately **30,750 jobs per week** during early June (ending June 6). This figure represents a slight increase compared to previous weeks but remains below earlier months' averages when job additions were higher—indicating some recovery after several weaker reports since May. Market expectations prior to this event have been cautious due to recent fluctuations in hiring rates; analysts had anticipated around **25,500 new jobs**, reflecting concerns about economic stability amid ongoing uncertainties affecting various sectors. Recent sentiment has shifted positively following news regarding increased weekly job gains as reported through the NER Pulse update released on June 23 which highlighted that there was finally "the first pickup in hiring" observed since early May—a sign suggesting potential stabilization or improvement within certain industries despite broader economic challenges faced recently such as inflationary pressures and geopolitical tensions impacting business operations across multiple fronts. Overall, while optimism exists surrounding improved employment figures leading up to this next report date, caution persists among investors who are closely monitoring how these numbers will align with overall macroeconomic conditions moving forward.
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25/06/2026 00:02
Macro Preview
Economic Indicators
Market Sentiment
Canada's May GDP growth expected at 0.4% amid rising inflation concerns and mixed investor sentiment ahead of June 30 release.
The upcoming event is the release of Canada's Monthly GDP MoM preliminary data for May, scheduled for June 30, 2026. The market anticipates a growth rate of approximately 0.4% month-over-month based on recent trends and economic indicators from previous months. As per the latest news feed dated June 24, there has been an increase in inflationary concerns following Statistics Canada’s report indicating that consumer prices rose by about 1% in May compared to April. This uptick may complicate expectations regarding monetary policy decisions from the Bank of Canada as investors adopt a cautious "wait and watch" approach amid fresh inflation worries. Recent sentiment reflects uncertainty among economists due to fluctuating global conditions impacting Canadian markets—particularly with ongoing geopolitical tensions affecting energy sectors—and potential implications on trade agreements like CUSMA which are crucial for exports vital to Canada's economy. Overall investor confidence appears mixed leading up to this GDP announcement amidst these broader economic challenges.
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24/06/2026 23:41
Macro Preview
Economic Indicators
Market Sentiment
Analyst Ratings
Macro News
Mixed market expectations ahead of July 1 release of MBA Mortgage Rate, with recent trends showing slight declines in rates and increased mortgage applications amid inflationary pressures.
The upcoming event is the release of the MBA 30-Year Mortgage Rate for the week ending June 26, scheduled on July 1, 2026. The previous report indicated that mortgage rates slightly decreased by one basis point to an average of 6.59% as of June 19, which was a minor decline from prior levels but still close to their highest since August last year. Market expectations leading up to this data release are mixed due in part to recent trends observed in related metrics such as mortgage applications and home prices. For instance, while total mortgage applications increased by about one percent following a significant drop earlier (3.8%), there has been notable volatility with refinancing activity rising three percent even though purchase index figures fell marginally (0.6%). This suggests some resilience among borrowers despite high borrowing costs. Sentiment around interest rate hikes remains cautious; analysts have noted increasing bets against potential Fed cuts amid inflationary pressures and geopolitical tensions affecting energy markets—factors likely influencing consumer behavior regarding mortgages and housing demand overall. Recent news highlights improvements within broader economic indicators like S&P Global Composite PMI showing positive business activity growth at above neutral levels (52.2), alongside reports indicating U.S home price increases driven partly by lower past mortgage rates during spring months—a dynamic contributing positively towards market sentiment ahead of next week's anticipated data releases including current account balances later today which may further inform investor outlooks moving forward into July's Federal Reserve meetings where monetary policy decisions will be closely scrutinized.
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24/06/2026 23:24
Summary
Commodities
InterestRate
Bonds
Market Recovery: Insights from Westpac's Latest Morning Report
In Westpac's latest Morning Report, the financial landscape shows signs of recovery after a tumultuous tech-led sell-off. Strong guidance from Micron Technology has buoyed market sentiment, while oil prices are retreating toward pre-war levels, providing further stability. The report highlights a rebound in equities, notably in Korea's KOSPI index, which experienced a recovery following recent downturns. US Treasury yields have declined, easing inflation concerns as Australian bond yields remained steady after the domestic inflation print. The US dollar (USD) has gained traction for the fifth consecutive session, while the Australian dollar (AUD) has weakened against it. In commodities, oil prices have sharply fallen due to increased supply expectations through the Strait of Hormuz. Additionally, gold has continued its decline, falling below US$4,000 per ounce amid rising US interest rates. Investors are advised to monitor these developments closely, as strategic positioning may offer lucrative opportunities in both equity and commodity markets. Overall, the report paints a cautiously optimistic picture as markets adapt to the latest economic indicators and shifts in investor sentiment.
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24/06/2026 23:12
Macro Preview
Economic Indicators
Market Sentiment
Macro Event
U.S. Initial Jobless Claims Data Release on June 25 Expected at 225,000 Amid Mixed Labor Market Sentiment
The upcoming event is the release of Initial Jobless Claims data for the United States, scheduled for June 25, 2026. The U.S. Department of Labor will provide this information at 12:30 UTC (8:30 AM ET). Market expectations forecast that initial jobless claims will be around 225,000 for the week ending on June 20. Recent sentiment surrounding employment figures has been mixed but generally reflects a cautious optimism about labor market stability despite fluctuations in claim numbers over recent weeks. In particular, last week's report indicated an easing to approximately 226,000 claims from a four-month high and was closely aligned with prior forecasts—suggesting some consistency in trends even as continuing claims rose slightly. As observed historically leading up to this announcement date—including previous reports where actual results either met or exceeded expectations—the overall perception remains focused on maintaining low firing rates amid ongoing economic adjustments post-pandemic recovery efforts. This context suggests that while there may be short-term volatility reflected by weekly changes in jobless claims filings due to various factors such as seasonal hiring patterns or administrative actions affecting federal employees' unemployment benefits filing processes; longer-term views still indicate resilience within the broader labor market framework which could influence Federal Reserve policy considerations moving forward.
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24/06/2026 22:42
Macro Preview
Economic Indicators
Market Sentiment
Macro Event
U.S. Goods Trade Deficit Expected to Narrow Slightly Amid Export Growth, While Broader Economic Indicators Raise Caution Ahead of Federal Reserve Meeting
Event: Goods Trade Balance Adv Country: United States Category: Goods Trade Balance Source: U.S. Census Bureau Forecast for May 2026 release is -85.0 billion USD, with the reference period ending on May 31, 2026. As of June 24, market expectations are set to see a goods trade deficit narrowing slightly from April's reported figure of -82.4 billion USD due to anticipated increases in exports driven by capital and consumer goods sales as well as industrial supplies recovery post-tariff impacts observed earlier this year. Recent sentiment has been influenced by broader economic indicators such as the Q1 current account balance which showed a larger-than-expected deficit at $226.8 billion compared to consensus estimates of $215 billion (reported just prior). This suggests ongoing concerns about persistent deficits despite efforts through tariffs aimed at reducing imports and boosting domestic production capabilities; however, recent data indicates that import growth may be slowing down after an initial surge linked directly to tariff anticipation. Overall investor outlook remains cautious ahead of upcoming releases including GDP figures and jobless claims expected shortly thereafter—factors likely influencing trading strategies leading into next week's Federal Reserve meeting where interest rate trajectories will also come under scrutiny amidst inflationary pressures highlighted recently across various sectors within the economy.
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24/06/2026 22:42
Macro Preview
Economic Indicators
Market Sentiment
Sector News
U.S. Wholesale Inventories Expected to Rise 0.2% in May, Indicating Potential Economic Moderation Amid Cautious Optimism
Event: Wholesale Inventories MoM Adv Country: United States Category: Wholesale Inventories Source: U.S. Census Bureau Forecast Date and Time (UTC): 2026-06-26T12:30:00+00:00 Reference Period End Date for Data Release Contextualization : May 31, 2026 The upcoming release of the wholesale inventories data is expected to show a modest increase of 0.2% month-over-month for May, as indicated by market forecasts. This follows previous months where inventory growth was stronger than anticipated; in April, there was an advance of approximately 0.5%, which had exceeded expectations at that time. Recent sentiment surrounding this event appears cautious but slightly optimistic given prior trends showing consistent increases in wholesale inventories over recent months—April's figure marked a slowdown from March’s robust gain of about 1.4%. The current forecast suggests some moderation may be occurring within the sector after several strong readings earlier this year. Market participants are likely monitoring these figures closely due to their implications on economic health; higher inventory levels can signal potential slowdowns while lower numbers might indicate increased consumer demand or production adjustments aligning with sales patterns observed recently across various sectors including technology and energy markets highlighted in other news reports regarding crude oil stocks and broader economic indicators such as GDP changes projected later this week.
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24/06/2026 22:42
Macro Preview
Economic Indicators
Market Sentiment
Sector News
Upcoming U.S. Retail Inventories Ex Autos Report on June 26, 2026: Market Sentiment Cautious Amid Broader Economic Indicators and Consumer Spending Trends.
Event: Retail Inventories Ex Autos MoM Adv for the United States, scheduled to be released on June 26, 2026 at 12:30 UTC. This report is sourced from the U.S. Census Bureau and covers data up until May 31, 2026. Pre-release expectations are not explicitly stated in available information; however, historical context suggests that market participants typically look for trends indicating inventory levels relative to sales performance as a gauge of retail health outside of automotive sectors. Recent sentiment appears cautious but focused on broader economic indicators impacting consumer behavior and spending patterns. The news feed highlights ongoing developments such as fluctuations in crude oil inventories which can indirectly affect consumer confidence and purchasing power—factors relevant when considering retail inventories ex autos. Overall market reactions leading into this event seem mixed with attention directed towards other significant reports like those related to manufacturing PMIs or current account balances due around the same time frame. Investors may also be weighing these factors against recent volatility observed within technology stocks—a sector closely tied to overall economic conditions affecting discretionary spending habits reflected through retail inventory metrics.
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24/06/2026 22:31
Macro Preview
Economic Indicators
Market Sentiment
Associated News
Investors Brace for Chicago Fed National Activity Index Release Amid Economic Uncertainty and Potential Rate Hikes
The upcoming event is the Chicago Fed National Activity Index (CFNAI) release scheduled for June 25, 2026, at 12:30 UTC. This index measures overall economic activity and inflationary pressure in the United States based on a weighted average of various monthly indicators. The reference period for this data will end on May 31, 2026. As per market expectations leading up to this release, there has been no specific forecast mentioned regarding what value analysts anticipate from the CFNAI; however, recent trends indicate that investors are closely monitoring broader economic signals amid concerns about potential Federal Reserve interest rate hikes later in the year. In April's report prior to this one released last month showed an increase to +0.14 after a decline previously indicating some recovery momentum which may influence sentiment ahead of next week's announcement. Recent news highlights suggest mixed sentiments among investors due primarily to volatility within technology stocks and ongoing geopolitical tensions affecting global markets—particularly related to U.S.-Iran negotiations impacting oil prices—which could indirectly affect perceptions around domestic growth reflected by indices like CFNAI as they gauge underlying economic health amidst these pressures. Overall investor focus appears directed towards understanding how current conditions might shape future monetary policy decisions while awaiting further clarity from forthcoming reports including those tied directly or tangentially influencing consumer confidence and spending patterns crucial for sustained growth metrics captured through indexes such as CFNAI.
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24/06/2026 22:22
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Economic Indicators
Market Sentiment
Positive Market Movement
U.S. GDP Growth Rate Forecasted at +1.6% Amid Optimism for Economic Recovery Despite Inflation and Trade Challenges
Event: GDP Growth Rate QoQ Final for the United States Timing of Release: June 25, 2026, at 12:30 UTC Forecasted Value: +1.6% (0.016) for Q1 ending March 31, 2026 Source of Data: U.S. Bureau of Economic Analysis Pre-release expectations indicated a forecast growth rate increase to approximately +1.6%, reflecting optimism about economic recovery and consumer spending trends in early Q2 following previous contractions. Recent sentiment has shifted positively as evidenced by comments from U.S Treasury Secretary Bessent suggesting that the economy could achieve higher growth rates this year ("something with a '3' in front"). This aligns with broader market confidence bolstered by recent data indicating resilience despite challenges such as high inflation and geopolitical tensions affecting trade dynamics. Additionally, there was notable discussion around current account balances showing an increased deficit (-$226.8 billion), which contrasts against prior estimates but does not seem to dampen overall positive outlooks on GDP performance due to strong personal consumption expenditures making up significant portions of total GDP calculations. Overall investor sentiment appears cautiously optimistic ahead of the release; however, concerns remain regarding potential impacts from ongoing Federal Reserve interest rate policies aimed at curbing inflation while supporting continued economic expansion through targeted fiscal measures.
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24/06/2026 22:22
Macro Preview
Economic Indicators
Market Sentiment
Analyst Ratings
Market Anticipates 4.5% Decline in U.S. Durable Goods Orders for May Amid Economic Uncertainties
Event: Durable Goods Orders MoM (United States) Timing of Release: June 25, 2026 at 12:30 UTC Forecasted Change: -0.045% for May The market is anticipating a decline in durable goods orders for the month of May, with expectations set at a decrease of approximately 4.5%. This follows an impressive increase reported previously where new orders surged by 7.9% in April—significantly exceeding forecasts and marking one of the strongest increases since mid-2025. Recent sentiment surrounding this upcoming release appears cautious given that previous data showed robust growth driven primarily by transportation equipment demand; however, analysts are now concerned about potential volatility due to external factors such as geopolitical tensions affecting supply chains and consumer confidence levels amid economic uncertainties. In light of these considerations from recent news reports regarding broader economic conditions—including rising domestic airfares which could indicate inflationary pressures—the outlook on durable goods may reflect hesitance among manufacturers or consumers to place significant new orders during uncertain times ahead. The overall mood leading into this report suggests traders will be closely monitoring actual results against forecast figures to gauge future trends within manufacturing sectors more broadly.
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24/06/2026 22:22
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Economic Indicators
Analyst Ratings
Company-Specific Reports
Cautious Optimism for U.S. Durable Goods Orders Ex Transportation as Analysts Forecast 0.006% Increase Amid Manufacturing Resilience
Event: Durable Goods Orders Ex Transportation (MoM) for the United States, scheduled to be released on June 25, 2026. The forecast is set at an increase of 0.006% for May. Pre-release expectations indicate a modest growth in durable goods orders excluding transportation compared to previous months where forecasts were slightly lower; April's expectation was +0.005%. This suggests that analysts are cautiously optimistic about manufacturing demand continuing its upward trend despite potential economic headwinds. Recent sentiment has been influenced by broader market dynamics and specific sector performance reports indicating improving freight fundamentals within trucking sectors as noted by Goldman Sachs' recent upgrades across LTL and truckload stocks due to better-than-expected recovery signals from manufacturers. Additionally, ongoing analysis related to traffic disruptions caused by major events like the FIFA World Cup may also affect logistics operations which could indirectly influence order placements in this category leading up to the data release date. Overall, while there appears cautious optimism regarding increased durable goods orders based on prior trends and current industry insights suggesting resilience among manufacturers amidst fluctuating conditions affecting supply chains.
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24/06/2026 22:22
Macro Preview
Economic Indicators
Market Sentiment
Currency Effect
Investors Brace for Q1 2026 GDP Price Index Release Amid Strong U.S. Dollar and Persistent High-Interest Rate Expectations.
The upcoming event is the release of the GDP Price Index QoQ Final for Q1 2026, scheduled for June 25, 2026, at 12:30 UTC. The forecasted value is set at an increase of approximately 3.5% (0.035) compared to previous quarters. As per recent market sentiment reflected in news updates from late June, there has been a notable strengthening of the U.S. dollar amid increasing expectations that high-interest rates will persist throughout this year due to inflationary pressures highlighted by Federal Reserve officials' projections and monetary policy discussions. This context suggests that investors are closely monitoring economic indicators like the GDP deflator as they seek insights into future interest rate movements and overall economic health. Recent data releases have shown mixed signals regarding consumer activity; while mortgage applications decreased slightly last week indicating potential cooling demand in housing markets, other reports indicated widening current account deficits which could reflect underlying weaknesses or imbalances within trade dynamics—factors likely influencing perceptions around inflation metrics such as those captured by the GDP price index. Overall investor focus appears directed towards understanding how these factors interplay with anticipated Fed actions on interest rates following their latest meeting where no immediate changes were made but hawkish sentiments prevailed among policymakers about managing ongoing inflation concerns effectively through tighter monetary policies moving forward.
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24/06/2026 22:22
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Economic Indicators
Market Sentiment
U.S. Personal Income Expected to Rise 0.4% in May Amid Mixed Economic Signals and Interest Rate Concerns
Event: Personal Income MoM (Month-over-Month) Country: United States Category: Personal Income Source: U.S. Bureau of Economic Analysis Forecasted Change: 0.4% for May The upcoming release on June 25, 2026, is expected to show a month-over-month increase in personal income by 0.4%, based on the forecast provided prior to this event's data period ending May 31, which aligns with recent trends observed over previous months. Recent sentiment surrounding personal income has been cautious due to mixed results from earlier releases; notably, April saw no change when an increase was anticipated and March had exceeded expectations significantly at +0.6%. The market appears anxious about whether the trend will stabilize or if it may reflect ongoing economic uncertainties as indicated by fluctuations seen previously—particularly after witnessing a flat reading last month attributed largely to declines in farm proprietors' incomes following program changes related to agricultural assistance. Overall market expectation seems tempered but hopeful that there could be recovery signs reflected through positive growth figures post-April stagnation amidst broader discussions regarding potential interest rate hikes being unlikely according to UBS commentary noted recently within financial news outlets.
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24/06/2026 22:22
Macro Preview
Economic Indicators
Market Sentiment
Forecasted 0.6% Increase in May Personal Spending Signals Resilience Amid Inflationary Pressures Ahead of June 25 Release.
The upcoming event is the release of Personal Spending MoM data for May 2026, scheduled for June 25, 2026. The forecasted increase in personal spending is set at 0.6%, which reflects a slight uptick from previous months where growth was recorded at around or below this level (e.g., April's actual figure matched expectations with an increase of 0.5%). This measure serves as a critical indicator since consumer spending accounts for about two-thirds of U.S. economic activity. Recent sentiment surrounding consumer behavior indicates resilience despite rising costs and inflationary pressures highlighted by various reports on household budgets being strained due to persistent price increases across sectors such as energy and food services. Notably, Goldman Sachs has projected that core PCE inflation will remain elevated through late-2027 but expects it to cool down thereafter; however, current conditions suggest consumers are still willing to spend during summer vacations even if they have had to make trade-offs elsewhere in their budgets. Market analysts appear cautiously optimistic ahead of the report given recent improvements indicated by other metrics like S&P Global Composite PMI showing better-than-expected business activity levels—52.2 compared to prior readings—and ongoing trends suggesting strong demand among holiday shoppers who plan increased expenditures despite broader economic concerns related primarily to global instability affecting prices directly tied into everyday expenses like fuel and groceries. Overall market expectation seems aligned towards moderate growth reflected in anticipated personal consumption expenditure figures while remaining vigilant regarding external factors influencing overall financial health moving forward.
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24/06/2026 22:22
Macro Preview
Economic Indicators
Market Sentiment
Analyst Ratings
Core PCE Price Index for May 2026 set to release on June 25, with a forecasted increase of 0.3%, amid cautious optimism about inflation stabilization despite ongoing external pressures.
The upcoming event is the release of the Core PCE Price Index MoM for May 2026, scheduled for June 25, 2026, at 12:30 PM UTC. The market forecast anticipates a month-over-month increase of 0.3%. This index serves as an important measure of underlying inflation in the U.S., closely monitored by policymakers and economists. Recent sentiment surrounding this data has been shaped by previous releases indicating that core PCE prices have remained elevated but showed signs of cooling compared to earlier months. For instance, April's figure rose only by 0.2%, which was below expectations (forecasted at a rise of 0.3%). Analysts from Goldman Sachs predict ongoing pressures on inflation due to factors such as artificial intelligence-related price impacts and energy costs; however, they also foresee these effects diminishing over time leading into late-2027. Market participants are currently focused on broader economic indicators alongside this specific report—recent improvements in business activity reflected through S&P Global Composite PMI readings suggest some resilience within sectors despite prior volatility linked primarily to technology stocks' performance amidst fluctuating investor sentiments regarding AI demand dynamics and geopolitical tensions affecting oil supply concerns. Overall expectations remain cautious yet optimistic about potential stabilization or slight easing trends in inflation metrics like core PCE ahead while acknowledging persistent upward risks tied particularly to external influences including international relations developments.
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24/06/2026 22:22
Macro Preview
Economic Indicators
Market Sentiment
Analyst Ratings
Commodity News
PCE Price Index YoY for May 2026 set to release on June 25, with a forecasted annual change of 4.1%, amid elevated core inflation pressures and positive business activity indicators.
The upcoming event is the release of the PCE Price Index YoY for May 2026, scheduled for June 25, 2026, at 12:30 UTC. The forecasted annual change in this index is set at 4.1%. This data will be sourced from the U.S. Bureau of Economic Analysis and measures prices paid by consumers for domestic purchases. As per recent market sentiment leading up to this release on June 24, analysts have noted that core PCE inflation remains elevated due to ongoing pressures related to artificial intelligence (AI) costs and energy price fluctuations but are expected to cool significantly into late next year as these factors dissipate. Goldman Sachs has projected a decline in core PCE inflation rates over time with expectations stabilizing around lower levels post-2027. Recent economic indicators such as improved S&P Global Composite PMI readings suggest better-than-expected business activity across sectors which may influence perceptions regarding consumer spending power ahead of the report's publication. Additionally, there seems to be an overall positive mood among investors despite some uncertainty surrounding geopolitical tensions affecting oil prices; however, concerns about tech valuations remain prevalent following volatility within technology stocks recently. Overall investor focus appears directed towards how forthcoming earnings reports—particularly those linked with AI-related demand—will impact broader economic conditions reflected through metrics like personal consumption expenditures moving forward.
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