Gold (XAUUSD) and Silver Price Prediction: Will Fed Rate Cuts Push Gold Above $3,300? – FXEmpire
Tariffs and geopolitical risks fuel gold’s momentum Market participants are reacting to a complex backdrop that has intensified ongoing conflicts in Eastern Europe and rising tensions in the Middle East. The situation in Russia and Ukraine remains unresolved, yet recent developments have stirred up volatility once again. Moreover, the renewed threat of retaliation and instability […]
Bitcoin aims for a $95K revisit as traders prepare for potential volatility from Fed rate cuts – TradingView
Key Points: Bitcoin has faced liquidity challenges near spot prices by the end of the week. Market analysts have noted significant price levels of BTC dropping below $95,000. Upcoming interest rate decisions from the Fed are crucial macro events to keep an eye on next week. Bitcoin (BTC) dipped to $95,000 at the end of […]
US first-quarter GDP: Economy contracted at a 0.3% rate
Steve Forbes Media's “Big Money Show” panel will be presenting the international meaning of the growing trade tensions between the US and China. The US economy signed in the first quarter as President Donald Trump's economic agenda came into effect, according to new data released Wednesday. The Department of Commerce's Economic Analysis Bureau (BEA) has […]
Empire Wind One energy would cost NYers 2.5x market rate: expert
New Yorkers are forced to pay a market rate of 2.5 times the electricity generated by the Imperial winds if a transaction is made. Independent financial analysis. The Trump administration last week suspended construction of the controversial project, saying it needed more reviews on 54 turbines in the Atlantic about 14 miles south of Long […]
Stocks volatile after Trump pressures Powell for rate cuts, Tesla earnings on tap: Live Updates – Fox Business
symbol price change %change I: DJI $38,753.12 582.71 1.53 SP500 $5,234.43 76.23 1.48 I:comp $16,149.34 278.44 1.75 After a sale in the previous session, US stocks climbed Tuesday. The Dow Jones industrial average rose 900 points (over 2.3%), while the S&P 500 and NASDAQ Composite rose 2.2% and 2.5% respectively. The Major Index reported that […]
George Clooney Shrugs Off Trump’s ‘Second Rate Movie Star’ Jab: ‘I Don’t Care’
Actor George Clooney expressed indifference to President Trump’s remark referring to him as a “second-movie star” along with other critiques. Clooney, a well-known Democratic supporter in Hollywood; appeared in an interview on CBS’ “60 Minutes” in March, where he criticized Trump and discussed his Broadway debut. Following the interview’s broadcast, Trump labeled the two-time Oscar […]
Trump Blasts Fed Chair Powell as ‘Major Loser,’ Questions Political Motives Behind Rate Decisions
President Donald Trump on Monday targeting Federal Reserve Chairman Jerome Powell, sharply criticising central bank chiefs’ handling of interest rates, suggesting that political bias could be playing. In a post about the True Society, Trump said that “preemptive” interest rate cuts are now “a demanded by many,” and that Powell was negligent in habitually acting […]
Another State Farm rate hike could be coming in California
State Farm is asking for an interim emergency rate hike of 17-36% in California, potentially the second rate hike in a year. source
Bank of Canada holds key interest rate at 2.75% despite weakening inflation, as tariff war threatens global economy – Yahoo Home
On the uncertainty of the Canadian trade war: “Dramatic protectionist shifts in US trade policy and chaotic offerings have led to increased uncertainty, shaking financial markets, lowering global growth prospects, and increasing expectations of inflation. The path to US trade policy is highly unpredictable. “We still don’t know if tariffs will be imposed, if they […]
Trump threatens to put higher tariff rate back if countries don’t strike deals
President Trump threatened on Thursday that he would reverse the course with a 90-day suspension on country-specific tariffs if the country does not sign a contract with his administration earlier. “We don't do the deal we want to do, or we have to do, that's good for both parties – that's good for both parties […]