Tag: USA

Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here’s what to expect

The Federal Reserve’s cryptic chairman is set to deliver his much-awaited keynote address Friday in Jackson Hole, with markets trying to anticipate what, if anything, he will have to say on key matters affecting the economy and monetary policy.

Iran calls for global pushback against U.S. sanctions, says diplomacy ‘isn’t impossible’

Iran’s foreign ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.

New Fed chair faces critical test at Jackson Hole as inflation fears mount

The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans.

Jobless Claims Fall, Beating Forecasts and Previous Figures

The latest data on initial jobless claims in the United States has shown a decrease, with the actual number of claims coming in at 203,000.

China warns US it could retaliate over Iran sanctions

Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies.

Oil drops more than 3% on report U.S. plans to return evacuated diplomats to Middle East

Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior Treasury officials.

Scott Bessent: an economic D-Day is coming for Iran

Countries that calculate appeasement of the regime to be a safer choice should reconsider

‘They asked too much’: Canadian dollar slides as Ottawa and Washington head for all-out trade war

The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods and threatening Canada’s economic growth.

Trump to ease ground beef import quotas for 90 days

U.S. President Donald Trump ​said on Friday he would allow up ‌to 300,000 metric tons of ground beef to be imported without impacting ​tariff quotas as part of ​a 90-day deal aimed at ⁠lowering prices as U.S. consumers ​struggle with grocery bills.

Iran pledges “devastating” response as U.S. warns of “tough” economic sanctions

Iran vowed on Friday to deliver a “devastating” response to any new U.S. threats, as Washington threatened to slap historically “tough” sanctions on Tehran.

US Weekly Jobless Claims Edged Lower to 206,000 in Latest Week

Applications for US unemployment benefits edged lower last week, staying near historically low levels and suggesting few layoffs across the labor market.

Treasury yields rebound, wiping out the decline following Bessent’s intervention

Bond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure on longer-dated government debt.

Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil moved higher Thursday after U.S. President Donald Trump vowed “economic warfare” on Iran and financial penalties for its supporters, as the United Arab Emirates said it was suspending trade with Tehran.

Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act

Bitcoin, ether and other cryptocurrencies surged after U.S. President Donald Trump urged Congress to pass a bill expected to boost the sector.

Treasury announces upscaled buyback operation for longer-term debt, sending yields lower

The Treasury Department on Wednesday said it will more than double the size of its government debt repurchases, sending yields sharply lower.

Trump pauses tariffs on Canadian imports, Carney says key work remains

U.S. President Donald Trump announced late on Tuesday he was putting a three-day pause on new ​50% tariffs set to go into effect on Canadian goods at midnight, saying the two countries had reached a deal.

FT: Η Τεχεράνη εξετάζει πλήγματα κατά αμερικανικών στόχων στην Ευρώπη – Κύπρος και Βουλγαρία στο «κάδρο»

Στο τραπέζι του Ιράν ακόμη και επιθέσεις σε υποθαλάσσια καλώδια στα Στενά του Ορμούζ – «Αν οι ΗΠΑ το παρακάνουν, ο πόλεμος μπορεί να φτάσει στην Ευρώπη», λέει πηγή προσκείμενη στο καθεστώς

Global bond yields hit multi-decade highs as governments pay the price for U.S.-Iran stalemate

A global sell-off of government bonds gripped markets Tuesday morning, sending borrowing costs to multi-decade highs, as hopes for an end to hostilities it the Middle East rapidly faded.

Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.