The government shutdown that began on Wednesday could delay the release of a large chunk of economic data, meaning the Fed's ability to accurately assess the labor market and inflation situation - which was already limited - will now be much worse. That, in turn, could make the market rethink its own conviction about the near-term rate outlook.
EUR/USD remains steady during the North American session on Thursday, yet registering back-to-back bearish days as the US Dollar strengthens amid the ongoing government shutdown and the absence of US economic data releases like Initial Jobless Claims. The pair trades at 1.1719, down 0.09%. Read Full Article
The homes will be affordable for families earning less than 30% of the area median income. Read Full Article →
Copper Highest In Year On Supply Disruptions Collide With AI And Power Grid Demand Copper futures on the London Metal Exchange rose above $10,500 a ton - the highest since May 2024 - driven by a mix of investing themes, macro tailwinds, and worsening supply outlook. Freeport-McMoRan's
What is old, may now become new. Read Full Article →
Connect with us
