Dollar Gains as Market Awaits Fed Minutes; Pound Steady on Inflation Data
The dollar strengthened on Wednesday as investors awaited the Federal Reserve’s meeting minutes for clues on the future of interest rates, while the British pound stabilized following data showing a drop in UK inflation in April. Despite a milder U.S. inflation reading last week, Fed officials remain cautious, with Governor Christopher Waller and President Loretta […]
AI Data Centers And EVs Create Incredible Opportunities
AI Data Centers And EVs Create Incredible Opportunities Authored by Michael Lebowitz via RealInvestmentAdvice.com, Some winners from the artificial intelligence (AI) and electric vehicles (EV) boom are easy to spot. For instance, shares of Nvidia, Microsoft, Tesla, and other companies have posted significant gains, anticipating a surge in future revenue and profits. The development of […]
Solid Demand For 20Y Paper In Week’s Only Coupon Auction
Solid Demand For 20Y Paper In Week’s Only Coupon Auction In the week’s only coupon auction, moments ago the Treasury sold $16bn in 20Y paper in a solid auction. The high yield of 4.635% was down from last month’s 4.818% and also stopped through the When Issued 4.637% by 0.2bps, the third consecutive non-tailing auction […]
FOMC Minutes Preview: No Hike But When To Cut?
FOMC Minutes Preview: No Hike But When To Cut? As Newsquawk writes in its Fed minutes preview, at its May meeting, the FOMC left rates unchanged at 5.25-5.50%, as expected, and announced a higher-than-expected tapering of its QT program, where the monthly cap on Treasury runoffs will be reduced from USD 60bln to USD 25bln […]
Nearly 70% Of Gaza Aid From US-Built Pier Stolen
Nearly 70% Of Gaza Aid From US-Built Pier Stolen Authored by Joshua Marks via The Gatestone Institute, Close to three-fourths of the humanitarian aid transported from a new $320 million floating pier built by the U.S. military off the Gaza coast was stolen on Saturday en route to a U.N. warehouse, Reuters reported on Tuesday. Eleven trucks […]
Streaming Wars: Netflix Winning On Subscribers, Amazon Prime Winning On Revenue
Streaming Wars: Netflix Winning On Subscribers, Amazon Prime Winning On Revenue In the world of content streaming, Netflix and Amazon Prime are two of the largest heavyweights in the arena. And a new look into both businesses by Invezz reveals that while Netflix may be winning in subscriber numbers, Amazon Prime has a leg up […]
DHS Admits Border Has Been Open To Criminals And Terrorists
DHS Admits Border Has Been Open To Criminals And Terrorists Authored by James Breslo via The Epoch Times, The Biden administration’s experiment with a relatively open southern border has been shocking in the sheer number of people who have come across in just over three years, estimated to be about ten million. But the most […]
UK PM Sunak To Announce ‘Snap’ General Election On July 4th
UK PM Sunak To Announce ‘Snap’ General Election On July 4th With polls suggesting a heavy defeat, UK Prime Minister Rishi Sunak has announced a snap general election will take place on July 4th. The PM is set to name the early summer polling date in a Downing Street statement imminently, according to widespread reports […]
Outraged Israel Recalls Ambassadors From Spain, Norway, & Ireland Over Recognition Of Palestinian State
Outraged Israel Recalls Ambassadors From Spain, Norway, & Ireland Over Recognition Of Palestinian State The decades-long cause to push toward establishing a state of Palestine has just gotten a big boost out of Europe, as the countries of Norway, Ireland, and Spain announced Wednesday that they would recognize a Palestinian state. They are the latest […]
Illegals Believe Trump Is Going To Win So They’re Surging The Border Now; Report
Illegals Believe Trump Is Going To Win So They’re Surging The Border Now; Report Authored by Steve Watson via Modernity.news, Illegal immigrants are surging the border now because they believe Donald Trump is going to win the election in November and enforce security, according to a report quoting the illegals themselves. The New York Post […]