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Mikie Sherrill isn’t the first politician to be accused of insider trading, but it could impact her chances in the New Jersey election.

Mikie Sherrill isn't the first politician to be accused of insider trading, but it could impact her chances in the New Jersey election.

Mikie Sherrill, once a frontrunner in the New Jersey gubernatorial race, has been facing scrutiny lately for her stock trading activities. There’s chatter about whether her fellow lawmakers are eyeing higher office too. The Democratic congresswoman was favored to take over from Phil Murphy as the state has leaned more Democratic in recent elections. However, […]

What time are the German/Eurozone flash HCOB PMIs and how might they impact EUR/USD?

What time are the German/Eurozone flash HCOB PMIs and how might they impact EUR/USD?

The German economy’s composite Purchasing Managers Index (PMI) showed unexpected stability, rising from 52.0 in September to 53.8 in October based on preliminary data. While experts anticipated some expansion in business activity, it was thought to be at a more moderate pace. Notably, the service sector’s strong growth significantly contributed to the PMI increase. The […]

JPMorgan alerts that the impact of First Brands is increasing banks’ funding expenses.

JPMorgan alerts that the impact of First Brands is increasing banks' funding expenses.

JPMorgan Highlights Rising Funding Costs Amid Credit Concerns JPMorgan Chase & Co. has indicated that growing worries over credit, particularly following the bankruptcies of First Brands and Tricolor, are raising funding costs for banks. Investors are also increasingly anxious about potential hidden risks connected to private equity and hedge fund exposures. On Monday, JPMorgan analysts […]