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“I bring in $7,200 a month from my pension and disability benefits.”
US Secretary of State Marco Rubio said on Sunday that a meeting between the US and Ukrainian officials was “very productive”, but more work remains to be done towards ending Russia’s war in Ukraine, the Guardian reported. Rubio further stated that the US aims to help Ukraine become “safer, stronger and more prosperous than it has ever been,” building on discussions that began in Geneva and lasted throughout the week. A source said US President Donald Trump’s special envoy, Steve Witkoff, will travel to Moscow to meet Vladimir Putin later this week. Market reactionAt the time of writing, the Gold price (XAU/USD) is trading 1.52%…
“The driver thinks he should be compensated $1,500 for the tires he’s still paying for.”
Highlights include Potential Fed Chair pick, US ISM PMIs, US PCE, EZ CPI, Canada Jobs, Swiss CPI SUN, Opec-8 Meeting Weekly Forecast MON: South Korean Prelim Trade Balance (Nov), Chinese Rating Dog Manufacturing PMI Final (Nov), EZ/UK/US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), South Korean CPI (Nov) TUE: EZ Flash CPI (Nov), South Korean GDP Revised (Q3) WED: Australian Real GDP (Q3), Chinese RatingDog Services/Composite PMI Final (Nov), EZ/UK/US Services/Composite PMI Final (Nov), Swiss CPI (Nov), US ISM Services PMI (Nov) THU: Swedish CPIF (Nov), EZ Retail Sales (Oct), US Challenger Layoffs (Nov) FRI: RBI Announcement,…
OpenAI sits at the center of the AI boom that it started. But it faces increasing challenges around both the business and the technology itself.
EUR/USD steadies during Friday’s North American session set to finish the week and November’s in positive territory with gains o 0.81% and 0.59%, respectively as traders seem certain that the Federal Reserve will cut rates in December. The pair trades at 1.1601 after bouncing off daily lows of 1.1555.Euro ends week and month higher as dovish Fed signals outweigh mixed US dataThe US Dollar treads water amid growing speculation for a rate cut. Data from the CME FedWatch Tool shows that the odds for a 25-basis points reduction to the fed funds rate at 87% for the December meeting. The…
“The businesses each have two employees who manage the day-to-day operations.”
After a quarter severely impacted by trade tensions, the Canadian economy returned to growth in Q3 with an annualized increase of 2.6%, surprising economists by a wide margin. Trade data was the main driver of this volatility, significantly boosting growth in the third quarter after holding it back in the second, National Bank of Canada economists note. Trade-driven GDP surge seen as unsustainable”This time around, the sharp drop in imports alone accounts for all the growth in the quarter, while exports essentially stagnated after last quarter’s strong decline. We note that Statistics Canada pointed out that, given the U.S. government…
The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty ImagesThe U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said the regulator is looking into whether Jefferies gave investors enough information on its Point Bonita fund’s exposure to the failed auto business. The inquiry into internal controls and potential conflicts within the bank is at an early stage, the report said. It’s not clear whether it…
20 Common-Sense Trading Principles Day Trading Trading becomes far less mysterious when you step back, breathe, and view markets through a common-sense lens. It doesn’t always feel that way when you’re in the heat of a fast market, but after decades of experience, I’ve learned that the most valuable trading lessons aren’t in textbooks—they’re found in real market behavior.What follows is a collection of practical, experience-driven insights designed to help you stay grounded, alert, and aligned with how markets truly work. News Matters — Surprises Move Markets News is one of the most powerful forces in trading. Markets…