Silver (XAG) Daily Forecast: Price at $30.77; Rate Cut Speculation at 73% – FX Empire
Potential Federal Reserve Rate Cuts and Silver Prices The possibility of the US Federal Reserve (Fed) cutting interest rates has been a key factor in predicting silver prices, with the 10-year Treasury yield falling nearly 2 basis points to 4.27%, reflecting market expectations of a Fed rate cut. According to the CME FedWatch tool, there […]
The FBI Has “50-Percent Rate” Of Getting Speech Censored From The Internet, Court Filing Says
Estimated Reading Time: 2 minutes The FBI is successful at getting speech censored from the internet 50% of the time, the Department of Justice (DOJ) said in a September court filing as part of an ongoing free speech lawsuit. DOJ Solicitor General Elizabeth Prelogar said in a September court filing that the FBI successfully convinced social […]
Rate Hikes & QT to Fight Inflation while Offering Liquidity to Banks to Keep them from Toppling
Estimated Reading Time: 2 minutes An enormously important new regime gets engraved into central-bank handbooks. The ECB and Bank of England are also on board. It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest […]
Schools Bracing for ‘Enrollment Cliff’ Amid Declining U.S. Birth Rate
Schools are reportedly preparing for an “enrollment cliff” that could see high schools and colleges close, staff lay off staff and school districts grappling with financial problems, in part due to a declining U.S. birth rate. The U.S. is expected to peak in high school graduating in 2025 or 2026, when about 3.9 million young […]
Unemployment Rate Climbs For Another Month As Job Gains Slump
In the United States, nonfarm payrolls increased by 206,000 in June, and the unemployment rate rose to 4.1%. according to According to Bureau of Labor Statistics (BLS) data released on Friday. Economists had expected payrolls to rise by 190,000 in June, much lower than the 272,000 gain in May originally reported, and had expected the […]
EUR/USD holds position around 1.0800 as softer US data escalate odds of Fed rate cuts – FXStreet
EUR/USD is rising as the US Dollar struggles due to growing expectations of a Fed interest rate cut in 2024. The U.S. ISM Services PMI fell to 48.8 in June, the biggest drop since April 2020. The euro could be volatile as the second round of the French election approaches this Sunday. EUR/USD continued its […]
US stock futures flat in holiday-thinned trade; rate cut bets grow By Investing.com – Investing.com
Investing.com — U.S. stock index futures were little changed in evening trading on Wednesday as trading volume remained thin due to the Independence Day holiday. But Wall Street hit a record high in shortened trading on Wednesday as the weak data stoked hopes that the Federal Reserve will start cutting interest rates from September. It […]
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed central bankers’ confidence that higher interest rates are having the desired effect of nudging the economy toward a soft landing and 2% annual inflation. “The majority of participants assessed that growth in economic activity appears to be gradually slowing, and most participants said they view the current […]
Markets rise on US rate cut optimism; Tesla shares jump 10% after better-than-expected car sales – business live | Business
Important Events GSK buys all rights to influenza and coronavirus vaccines from CureVac GSK It has acquired all rights to develop, manufacture and sell mRNA vaccines for influenza and COVID-19 from a German pharmaceutical company. Cure Back. Britain’s second-largest pharmaceutical company will pay 400 million euros upfront and up to an additional 1.05 billion euros […]
Gold prices gain some ground as dollar falls on rate cut hopes By Investing.com – Investing.com
Investing.com — Gold prices rose in Asian markets on Wednesday, but took some relief from a weakening dollar following some positive comments from Federal Reserve Chairman Jerome Powell. However, traders leaned towards the dollar on expectations of further indications on US interest rates, while gold remained within the trading range established for most of June. […]