The absence of fiscal stimulus next year is a key reason to expect the economy to lose momentum, said Samuel Tombs, chief economist at Pantheon Macroeconomics. This will cause the FOMC to have solid grounds for interest rate easing next The absence of fiscal stimulus next
December WTI crude oil is up $2.71 today to $99.84 while brent trades at $112. The market can't seem to shake off the idea of further escalation before any chance of peace Republicans are being hammered in the midterms over gasoline prices and an unpopular war but I
South African Rand: Fiscal discipline supports SAGBs – Societe Generale Societe Generale analysts highlight that SAGBs outperformed and the ZAR strengthened after South Africa’s mini‑budget, although some gains were surrendered the following morning. The deficit target for
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Trump's economic approval rating is hitting an all-time low, according to the...</
Procter & Gamble Company (PG) gained in early trading on Thursday after the household products giant showed solid results across its key segments with its fiscal first-quarter earnings report. Organic sales were up 4.0% for the quarter that ended on September
Solana came under renewed pressure as escalating Middle East tensions weighed on risk sentiment, with reports of US military preparations for potential strikes on Iran adding to concerns about another direct confrontation. The combination of rising oil prices, growing econ
Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy on Thursday claimed that seven vessels, including oil tankers, were either hit by Iranian forces or struck mines in the Persian Gulf over the past day, as tensions in the region flared up again this week. The IRGC Navy s
PHP flaw draws millions of exploit attempts, Cloudflare CEO warns Cloudflare’s Matthew Prince said the network saw thousands of exploit attempts even before the PHP vulnerability was publicly disclosed. Cloudflare’s CEO Matthew Prince warned that the network saw millions o
Canada's Prime Minister Mark Carney and Ontario Premier Doug Ford announced an C$8.7B ($6.2B) support plan for the steel and auto sectors, which have been strained by U.S. tariffs, as well as the domestic critical mineral supply chain. The support Canada's Prime Minister M
Iranian oil in floating storage has been drained amid the U.S. Navy blockade, the Wall Street Journal has reported, citing Kpler data that suggests further tightening in global oil supply. “There’s no more oil to discharge to China anymore,” Kpler’s head of crude oil analy
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