News
UKRAINIAN FOREIGN MINISTER SYBIHA SAYS MET U.S. SECRETARY OF STATE RUBIO IN BRUSSELS, INFORMED HIM OF RUSSIAN VIOLATION OF ENERGY SITE CEASEFIRE
TURKEY SAYS ISRAEL MUST WITHDRAW FROM SYRIA AND STOP HARMING STABILIZATION EFFORTS THERE
TURKEY SAYS ISRAEL IS REGIONAL "DESTABILIZER", FEEDING CHAOS AND TERROR
TURKEY SAYS ISRAEL"S ATTACKS ON REGIONAL COUNTRIES HAVE MADE ISRAEL BIGGEST THREAT TO REGIONAL SECURITY
BRENT CRUDE FUTURES SETTLE AT $70.14/BBL, DOWN $4.81, 6.42%
INTEL AND TSMC REACHED PRELIMINARY AGREEMENT TO FORM A JOINT VENTURE WITH TSMC TAKING A 20% STAKE IN THE NEW COMPANY- THE INFORMATION
INTEL, TSMC TENTATIVELY AGREE TO FORM CHIPMAKING JOINT VENTURE - THE INFORMATION
FEDERAL TRADE COMMISSION CHAIR FERGUSON: U.S. TARIFFS SHOULD NOT BE INTERPRETED AS A GREEN LIGHT FOR PRICE FIXING OR ANY OTHER UNLAWFUL BEHAVIOR
FED’S COOK: SEES MORE EMPHASIS ON UPSIDE INFLATION RISKS || SAYS SEES GROWTH SLOWING, INFLATION PROGRESS TO STALL ON TARIFFS
FED’S COOK: IS WATCHING FOR EVIDENCE OF TROUBLE ON LONGER-TERM INFLATION EXPECTATIONS || SAYS THE JOB MARKET APPEARS TO HAVE STABILIZED || SAYS SEES MORE EVIDENCE OF SLOWING CONSUMER SPENDING, BUSINESS INVESTMENT
FED’S COOK: RIGHT NOW, ECONOMY IS IN A ‘SOLID POSITION’ || SAYS INFLATION DATA ALREADY SHOWING IMPACT OF TARIFFS || SAYS WATCHING FOR EVIDENCE TARIFFS DRIVING PERSISTENT INCREASE IN PRICE PRESSURES
FED’S COOK: UNCERTAINTY RELATED TO TARIFFS COULD CAUSE ECONOMY TO WEAKEN || SAYS ENCOURAGING INFLATION HAS MODERATED AMID SOLID GROWTH, HEALTHY JOB MARKET || SAYS UNCERTAINTY HEIGHTENED BY ECONOMIC OUTLOOK, GOVERNMENT POLICY SHIFTS
FED’S COOK: NOW IS TIME FOR FED TO BE ‘PATIENT BUT ATTENTIVE’ || SAYS FED POLICY IS WELL POSITIONED TO RESPOND TO CHANGES IN ECONOMY || SAYS ECONOMY HAS ENTERED A PERIOD OF UNCERTAINTY
FED’S COOK: APPROPRIATE TO MAINTAIN CURRENT POLICY FOR NOW WHILE WATCHING DATA || SAYS REDUCED UNCERTAINTY, EASING INFLATION WOULD FACILITATE RATE CUTS
US CRUDE OIL FUTURES SETTLE AT $66.95/BBL, DOWN $4.76, 6.64%
U.S. PRESIDENT TRUMP SAYS MARKET IS GOING TO BOOM
U.S. PRESIDENT TRUMP ON MARKET REACTION: IT"S GOING VERY WELL
ITALY PM MELONI: I"M NOT CONVINCED BEST WAY TO RESPOND TO TARIFFS IS WITH OUR OWN TARIFFS
ITALY PM MELONI ON US TARIFFS: I THINK THE U.S. CHOICE IS WRONG, BUT WE MUST NOT FUEL ALARMISM, IT IS NOT A CATASTROPHE
WHITE HOUSE IS FLOATING THE IDEA OF POTENTIALLY LAUNCHING A TARIFF INVESTIGATION INTO CRITICAL MINERALS IMPORTS - BBG
ISRAELI STRIKES HIT KISWAH, SOUTH OF DAMASCUS -SYRIAN OFFICIAL, SYRIAN TV
TRUMP WILL ASK CONGRESS TO RUBBER-STAMP HIS FUNDING CUTS, A TOP OMB OFFICIAL SAYS - POLITICO
AMAZON"S INTERNAL FORECAST SUGGESTS A $700 MLN FINANCIAL GAIN FROM ITS AI SHOPPING ASSISTANT RUFUS – INSIDER
EU COUNTRIES CONSIDER CHANGING 2025 GAS STORAGE TARGETS - RTRS
FED"S JEFFERSON: LONGER-TERM INFLATION EXPECTATIONS REMAIN CONSISTENT WITH 2% GOAL || RISE IN GOODS INFLATION PARTLY DUE TO TRADE POLICY; DROP IN HOUSING SERVICES INFLATION COULD HELP COUNTER || ECONOMY SOLID, BUT HEIGHTENED UNCERTAINTY AMONG CONSUMERS, BUSINESSES TIED TO TRADE POLICY
FED"S JEFFERSON: POLICY RATE IS NOW SOMEWHAT RESTRICTIVE || LABOR MARKET SOLID, WELL-BALANCED || LATEST DATA SHOWS INFLATION MOVING SIDEWAYS
FED VICE CHAIR JEFFERSON: NO NEED TO BE IN A HURRY ON POLICY RATE ADJUSTMENTS || JEFFERSON: CURRENT POLICY RATE WELL-POSITIONED TO DEAL WITH RISKS, UNCERTAINTIES || JEFFERSON: COULD RETAIN CURRENT POLICY RESTRAINT FOR LONGER, OR EASE POLICY, DEPENDING ON INFLATION PROGRESS AND JOB MARKET
CAPITAL ONE DEAL FOR DISCOVER CLEARS JUSTICE DEPT HURDLE - NYT
CARNEY SAYS WE NEED TO RESET OUR OVERALL RELATIONSHIP WITH THE UNITED STATES
PUMA SAID TO REPLACE CEO WITH EX-ADIDAS SALES HEAD – FT
GERMAN GOVERNMENT SPOKESPERSON: SCHOLZ, CANADA"S CARNEY SPOKE ON THE PHONE TODAY || GERMAN GOVERNMENT SPOKESPERSON: SCHOLZ, CARNEY DISCUSSED STATE OF GLOBAL ECONOMY, U.S. TARIFFS
CARNEY SAYS UNTIL THE PAIN CAUSED BY TARIFFS BECOMES IMPOSSIBLE FOR THE TRUMP ADMINISTRATION TO IGNORE, I DO NOT BELIEVE THEY WILL CHANGE DIRECTION
INDIA PARLIAMENT APPROVES AIRCRAFT LEASING BILL GIVING BETTER RIGHTS TO LESSORS TO REPOSSES PLANES IN THE COUNTRY
KARNATAKA CHIEF MINISTER: 5% CESS WILL BE COLLECTED FROM COMPANIES LIKE AMAZON, FLIPKART, OLA, UBER, AND OTHERS THAT EMPLOY GIG WORKERS || SAYS REMAINING FUNDS REQUIRED TO IMPLEMENT WELFARE SCHEMES WILL BE PROVIDED BY STATE GOVT
KARNATAKA CHIEF MINISTER: DECIDED TO ESTABLISH GIG WORKERS" WELFARE BOARD IN KARNATAKA
DENMARK"S FOREIGN MINISTER: IT IS TIME FOR NATO TO PAY MORE AWARENESS TO THE SITUATION IN THE ARCTIC || SAYS IT IS A RESPONSIBILITY OF THE NATO ALLIANCE TO PROTECT THE ARCTIC
CARNEY SAYS PREVIOUSLY ANNOUNCED RETALIATORY TARIFFS WILL REMAIN IN EFFECT
CARNEY SAYS EVERY SINGLE DOLLAR RAISED – ABOUT C$8 BILLION BEFORE REMISSION – FROM THESE TARIFFS WILL GO DIRECTLY TO OUR AUTO WORKERS AND THE COMPANIES AFFECTED BY THESE TARIFFS
CANADA WILL DEVELOP FRAMEWORK FOR AUTO PRODUCERS TO AVOID OUR COUNTER TARIFFS, AS LONG AS THEY MAINTAIN THEIR PRODUCTION AND INVESTMENT IN CANADA -CARNEY || CANADA TARIFFS WILL NOT AFFECT AUTO PARTS AND WILL NOT AFFECT VEHICLE CONTENT FROM MEXICO - CARNEY
CANADA WILL IMPOSE 25% TARIFFS ON ALL VEHICLES IMPORTED FROM THE U.S. THAT ARE NOT COMPLIANT WITH THE USMCA TRADE DEAL - CANADA PRIME MINISTER CARNEY