WSJ Timiraos is tweeting that:
- it's hard to see how September CPI changes anyone's mind about much
- good news: core inflation has slowed markedly
- bad news: inflation is settling at 3% not 2%
WSJ Timiraos is tweeting that:
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Japan's 2.65T yen trade deficit shrinks 53% as exports rise 3.1% amid US tariffs & China rift. Nikkei hits records.
Nat gas prices surge 50%+ on freeze fears! Arctic blast hits Midwest, sparking supply concerns. Traders eye volatility.
USD holds gains as Trump drops tariff threats; AUD hits 15-month high on jobs data; JPY pressured.
The Wall Street Journal reports the US is seeking regime change in Cuba by year-end, emboldened by Venezuela’s leadership removal and betting economic pressure and internal defections can weaken Havana’s Communist government.
Live cattle futures edge higher on thin cash trade; feeder cattle gain. Boxed beef prices rise amid lower slaughter numbers.
BitGo IPO priced at $18, above range, raising $212.8M! Crypto firm valued over $2B despite Bitcoin's 6.5% 2025 dip.
Wheat futures mixed: SRW/HRW dip, HRS gains 1.75c. Rain eyed for winter wheat. Export sales delayed.