April Mortgage approvals exp 66.05k and consumer credit exp 1.500 B up next.
Cable 1.2802
EURGBP 0.8732
Lets hope the fun and games begin
Cable 1.2802
EURGBP 0.8732
Lets hope the fun and games begin
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August CPI jumps! Grocery & gas prices surge. Morgan Stanley sees 3 Fed cuts, but firm inflation pulls Fed in opposing directions.
Trump eyes 50-100% tariffs on Russian oil if NATO joins; markets watch for coordinated action.
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Health insurance costs jump 15%+, highest since 2010. 'Medicare for All' could save $650B annually. Insurers & drug firms blamed.
Oilfield automation surges with AI, cutting jobs by 35% but boosting efficiency. Crude prices at $63, rigs down 70%.
Fed holds rates steady amid inflation fears; traders price 93% chance of a 0.25% cut next.
Fed eyes 0.25% rate cut amid job market woes, despite 2.9% inflation. Traders price in cut, watch future projections.
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