Author: Admin
“I intervened, shut the business down and got him into therapy and support for gambling-type behaviors.”
Highlights include US NFP, Retail Sales, ISM PMIs, OPEC, EZ Flash HICP, ECB Minutes and Australian GDP Iran International SUN: OPEC Meeting MON: German Retail Sales (Jan), Final Manufacturing PMIs (Feb), US ISM Manufacturing PMI (Feb) TUE: Japanese Unemployment (Jan), EZ Flash HICP (Feb), US RCM/TIPP (Mar), UK Spring Statement WED: Australian GDP (Q4), Chinese NBS PMIs (Feb), Swiss CPI (Feb), Final Composite/Services PMIs (Feb), EZ Unemployment (Jan), PPI (Jan), US ISM Services PMI (Feb) THU: ECB Minutes (Feb); Australian Trade Balance (Jan), Swedish CPIF prelim. (Feb), EZ Retail Sales (Jan), US Challenger (Feb), Export/Import Prices (Jan), Weekly Claims…
OpenAI faces some user criticism over its new deal with the Department of Defense.
Transocean’s debt load has declined but the most important piece of news has so far been that of Transocean acquiring Valaris (VAL), its fellow offshore driller, that has been reporting positive profitability and is virtually free of debt. In this article, I will analyze what the future has in store for Transocean following the last transaction. Valaris acquisitionThe Valaris acquisition deal would close in the second half of this year. As a consequence, Transocean’s backlog will increase to $10 billion, thus making the company by far the largest offshore driller. This is essential for the company, given the fact that Transocean’s…
President Trump said Saturday that Iran’s Supreme Leader Ayatollah Ali Khamenei was killed by U.S.-Israel strikes
Geopolitical Crisis and Market Impact USA vs Iran History shows that the market impact of geopolitical crises is often most severe in the early stages. Investors tend to react first and reassess later. In many cases, worst-case scenarios are quickly priced into global markets, leading to sharp volatility before conditions stabilize and the longer-term economic impact proves more contained than initially feared. However, not all geopolitical shocks are created equal. The latest escalation involving the United States, Israel, and Iran introduces a more complex risk dynamic. Depending on how long tensions persist and whether energy infrastructure or shipping…
Massive jobs cuts at Block and a cataclysmic Citrini blog post stoked anxieties — but some CEOs and researchers are skeptical about doomsday scenarios.
A red-hot inflation report in the United States and rising tensions between the latter and Iran pushed Gold price higher on Friday, past the $5,260 figure, posting solid gains of over 1.20%. At the time of writing, XAU/USD trades at $5,261, hitting a one-month high and extending its gains for the seventh consecutive month.XAU/USD climbs to fresh highs as unresolved US–Iran talks and inflation fears underpin safe-haven buyingTalks between Washington and Tehran ended on Thursday, but failed to show meaningful progress, which could prevent a US strike on Iran. Recently, US President Donald Trump said that he was not happy…
United Airlines’ stock was leading S&P 500 index decliners on Friday and heading for its worst drop in 10 months, with other airline stocks also seeing steep declines amid rising oil futures prices and increased market jitters.
Jan von Gerich at Nordea notes that US data flow has been light, but a December upside surprise in core PCE suggests price pressures may be easing more slowly than CPI implies. He argues this supports the Federal Reserve staying on hold, and Nordea does not expect further rate cuts even after Kevin Warsh replaces Jerome Powell.Sticky inflation backs steady Fed policy”Late last week, there was an upside surprise in the Fed’s preferred inflation measure, the core PCE, and though the data were for the month of December compared to the latest CPI figure for January, price pressures may not…