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France Will Recognize Palestinian State - US-Israeli Backlash Ensues
France Will Recognize Palestinian State - US-Israeli Backlash Ensues
In what may prove to be a major milestone in the history of the Israel-Palestine conflict, France will recognize Palestine as an independent state at the September United Nations General Assembly, President Emmanuel Macron announced late Thursday.
Thomas
AI Probably Won't Replace You Just Yet, Wharton Professor Says
AI Probably Won't Replace You Just Yet, Wharton Professor Says
For many Americans, AI is rapidly changing the way we work.
Damon
Hong Kong Enjoys All-time High Investment Flow From Mainland China
Hong Kong Enjoys All-time High Investment Flow From Mainland China
China has injected more money into Hong Kong’s stock market this year than ever before, with investments through the Stock Connect scheme reaching HK$820 billion ($104 billion) so far, according to the Financial Times.
Kevin Du
1970s, 2000s, 2020s... A Déjà Vu In Two Acts – Second Act
1970s, 2000s, 2020s... A Déjà Vu In Two Acts – Second Act
Since the price of gold was freed by the final separation of sovereign currencies from gold following the closure of the gold window on August 15, 1971, gold has experienced three bull markets: in the 1970s, in the 2000s and in the current decade.
Damon
Brazil’s Annual Inflation Ticks Up Before Donald Trump’s 50% Tariff Deadline
Brazil’s Annual Inflation Ticks Up Before Donald Trump’s 50% Tariff Deadline
Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.
Jason
Russia's Central Bank Governor On Rates, Inflation And The Economy
Russia's Central Bank Governor On Rates, Inflation And The Economy
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 18% from 20%.
Devin
Fed Says It Was ‘Honored’ By Trump’s Tour Of Building Site
Fed Says It Was ‘Honored’ By Trump’s Tour Of Building Site
The Federal Reserve released a statement Friday thanking President Donald Trump and Republican lawmakers for visiting the central bank’s renovation project on Thursday.
Thomas
Durable Goods Orders (Ex-Transports) Beat Expectations In June
Durable Goods Orders (Ex-Transports) Beat Expectations In June
After surging higher in May, on the back of huge Boeing aircraft orders, US durable goods orders were expected to tumble back to earth in preliminary June data... and they did.
Damon
BofA On European Earnings: Upside Surprise To Low Expectations
BofA On European Earnings: Upside Surprise To Low Expectations
Second-quarter earnings for European companies have come in ahead of expectations, with financials and U.S.-exposed sectors leading the surprise, Bank of America (BofA) analysts said.
Kevin Du
Wall St Set For Firm Start As Investors Brace For August 1 Deadline
Wall St Set For Firm Start As Investors Brace For August 1 Deadline
U.S. stock futures pointed to a steady open on Friday following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of progress in trade talks as they braced for the August 1 tariff deadline.
Jason
Oil Steadies On US Trade Deal Optimism And Diesel Tightness
Oil Steadies On US Trade Deal Optimism And Diesel Tightness
Oil was steady on optimism over US trade talks ahead of a key deadline next week, and as tightness in diesel markets boosts sentiment.
Devin
Durable Goods Drop 9.3% In June As Transportation Falls 22%; Core Orders Edge Up 0.2%
Durable Goods Drop 9.3% In June As Transportation Falls 22%; Core Orders Edge Up 0.2%
Durable goods orders fell 9.3% in June, led by a 22.4% drop in transportation. Core orders rose 0.2%, signaling fragile U.S. manufacturing momentum.
Thomas
It’s Been A Mediocre Week For UK Economic News
It’s Been A Mediocre Week For UK Economic News
It’s been a mediocre week for UK economic data.
Damon
US Judge Reaffirms Nationwide Injunction Blocking Trump Executive Order on Birthright Citizenship
US Judge Reaffirms Nationwide Injunction Blocking Trump Executive Order on Birthright Citizenship
White House spokeswoman Abigail Jackson said in a statement that "courts are misinterpreting the purpose and the text" of the U.S. Constitution's 14th Amendment.
Manuel
US Appeals Court Strikes Down SEC Rule on 'Audit Trail' Funding
US Appeals Court Strikes Down SEC Rule on 'Audit Trail' Funding
The unanimous decision represented another blow to SEC regulations adopted under the previous Biden administration, which faced concerted opposition from industry and Republican lawmakers.
Manuel
EU´s Von der Leyen to Meet Trump in Bid to Clinch Trade Deal EU´s
EU´s Von der Leyen to Meet Trump in Bid to Clinch Trade Deal EU´s
Steel and aluminum imports would likely benefit from a quota under the arrangements under discussion but above that threshold they would face a higher tariff of 50%.
Manuel
Trump Tariffs Weigh on Brazil Chemical Exporters, Spark Order Cancellations
Trump Tariffs Weigh on Brazil Chemical Exporters, Spark Order Cancellations
Since Trump's announcement, export orders have been canceled for certain resins and compounds used to make fertilizers, which Brazil supplies to the U.S. agriculture sector
Manuel
Will Trump’s Tariff Deadline Drive USD/EUR Uncertainty in H2 2025?
Will Trump’s Tariff Deadline Drive USD/EUR Uncertainty in H2 2025?
The looming August 1 tariff deadline under Trump fuels USD/EUR uncertainty. While a US-EU deal may stabilize the pair, inflation risks, trade shifts, and investor sentiment could weaken the dollar longer-term.
Adam
Oil Prices Dip to Settle at 3-Week Low on US and China Economic Concerns
Oil Prices Dip to Settle at 3-Week Low on US and China Economic Concerns
Losses were limited by optimism U.S. trade deals could boost global economic growth and oil demand in the future.
Manuel
Week Ahead – Fed Decides Ahead of NFP, Tariff Deadline as BoC and BoJ Meet Too
Week Ahead – Fed Decides Ahead of NFP, Tariff Deadline as BoC and BoJ Meet Too
The Fed is expected to hold rates while signaling a possible September cut. Key global data, central bank meetings, and trade tensions will dominate markets, with eyes on NFP, inflation, and tariffs.
Adam
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