Trump delays beef tariff cut after rancher and Republican pushback
Via a Wall Street Journal reporter, news that Trump held off on signing a planned suspension of beef tariff-rate quot ...
Bessent heads to Tokyo pressing Japan on yen weakness and intervention
US Treasury Secretary Bessent arrives in Tokyo pressing Japan to favour BOJ rate hikes over yen intervention, as larg ...
BOJ ‘Summary” – Japan rate hike back on table as BOJ signals next move still likely upward
The Bank of Japan held rates at its April meeting but warned upside inflation risks are rising as crude oil prices su ...
Japan March household spending fell 2.9% y/y (expected -1.5%, prior -1.8%)
Japan March household spending data for March is poor. Fell 2.9% y/y expected -1.5%, prior -1.8%For the m/m the fall ...
New Fed Chair Warsh could be locked in as soon as Tuesday
Kevin Warsh, Trump’s nominee for Federal Reserve chair, cleared a key Senate procedural vote on Monday, moving ...
UK consumer spending falls for first time since 2024 as Iran war bites
UK consumer spending fell 0.1% in April, the first annual decline since late 2024, as Iran war fears drove households ...
Goldman Sachs pushes Fed rate cut forecast to December 2026
Goldman Sachs has pushed its Federal Reserve rate cut forecast back to December 2026, citing sticky inflation near 3% ...
ICYMI – JPMorgan warns of $150 oil and 4% inflation as energy crisis deepens
JPMorgan warns global oil supply disruptions of 13.7 million bpd in April could push Brent to $150 and lift US inflat ...
S&P 500 could hit 8,000 HSBC strategists say
HSBC raised its year-end 2026 S&P 500 target to 7,650 from 7,500, lifting EPS growth forecasts by 8% on stronger ...
The latest Trump pump: US to loan 53.3 million barrels from Strategic Petroleum Reserve
The Trump administration will loan 53.3 million barrels from the US Strategic Petroleum Reserve to nine companies, pa ...
investingLive Americas FX news wrap 11 May: Markets stall as Iran tensions simmer
UAE carried out covert strikes on Iran as Gulf war escalated, WSJ report saysUS stocks close marginally higher.Copper ...
UAE carried out covert strikes on Iran as Gulf war escalated, WSJ report says
The UAE secretly carried out military strikes on Iran, including hitting a refinery on Lavan Island in April, as part ...