Gold News: Trump Policy Risks Drive Prices Higher Despite Treasury Yield Spike – FX Empire
Will strong jobs numbers force the Fed to keep interest rates on hold? Nonfarm payrolls exceeded expectations in December, increasing by 256,000 compared to economists' expectations of 160,000. The unemployment rate fell to 4.1% and average hourly wages increased by 0.3%. This strong performance made it less likely that the Fed would cut rates immediately, […]
Keir Starmer must not yield to rightwing opposition over EU youth mobility | Keir Starmer
Who or what is Keir Starmer afraid of? Having secured a landslide victory in July, he won't have to face voters for another five years. The right-wing media will attack him and the Labor Party regardless of what he says or does, but he can afford to ignore them. Meanwhile, surveys consistently show that a […]
‘I Will Never Yield, Not Even in Face of Death’
Former President Donald Trump returned to Butler, Pennsylvania, for a rally Saturday night, the same location where he nearly lost his life in an assassination attempt on July 13. That day, the former president emerged from a crowd of Secret Service agents with his right ear shot and his face covered in blood, shouting, “Fight, […]
German Central Bank: Mergers Must Yield ‘Robust’ Competition – PYMNTS.com
The head of Germany's central bank hopes that bank mergers will create stronger, more competitive financial institutions. “We need strong, robust banks to enable businesses to tackle and finance the challenges of the future.” German Bundesbank chief Joachim Nagel He said during his speech Commerzbank Events in Frankfurt Wednesday (September 18th). “In the event of […]
NYC council passes slavery reparations legislation to ‘yield material solutions’ from US history
Protests erupt in California over shelved compensation bill Janelle King, co-chair of Win for America Action, spoke about the Kamala Harris campaign's efforts to garner endorsements from labor leaders, Democrats' efforts to defend Harris' “change in tone,” and protests in California over a shelved reparations bill. New York City will soon become the largest U.S. […]
EURUSD has been following yield differentials higher – ForexLive
The recent huge upside momentum in EURUSD has surprised me, the pair is currently sandwiched between a major resistance at 1.1278 (July 2023 High) and support at 1.1140 (December 2023 High). EURUSD Momentum Now, if we look at the spread between the 2-year and 10-year yields, we can see that essentially this spread between the […]