Gold Edges Higher as Markets Price in 93% Chance of September Fed Rate Cut
Gold prices are showing modest gains on Monday as the market tests resistance near recent highs. Traders are closely monitoring U.S. Treasury yields and dollar movements while anticipating comments from Federal Reserve officials and key economic data releases. The CME Fedwatch Tool indicates a high 93% probability of a Fed rate cut in September, which […]
China's GDP Growth Slumps to 5-Quarter Low, Raising Concerns for Xi's Economic Strategy
China’s economic growth in the second quarter of 2024 fell short of expectations, expanding by only 4.7% year-over-year, the slowest pace in five quarters. This disappointing performance is primarily attributed to weak consumer spending, which has failed to respond to government stimulus efforts. While industrial production remained robust, supporting President Xi Jinping’s focus on manufacturing […]
Trump Assassination Attempt Fuels 'Trump Trade' Surge in Global Markets
Following the attempted assassination of Donald Trump, global financial markets have shown a significant shift towards the “Trump trade” – a series of investment strategies based on the anticipation of Trump’s potential return to the White House. These trades, which had already been gaining traction due to Biden’s recent debate performance, intensified as Trump’s resilience […]
Watch: New Video Shows Trump Shooter Climbing To Roof – People Warning Police
Watch: New Video Shows Trump Shooter Climbing To Roof – People Warning Police New video evidence confirms that security teams on the scene of the Trump rally in Butler, PA were warned well ahead of time that Thomas Crooks, the alleged would-be assassin, was climbing to the roof of the nearby AGR building. As we […]
Elon Musk Is Right: End The Online Censorship Racket
Elon Musk Is Right: End The Online Censorship Racket Authored by Jonathan Turley, Few Americans have ever heard of the Global Alliance for Responsible Media, let alone understand how it shapes what they read and hear in news and commentary. That may soon change. An alarming new report of the House Judiciary Committee details this […]
Key Events This Week: Republican Convention, Retail Sales, Powell Speaks And Many More Earnings
Key Events This Week: Republican Convention, Retail Sales, Powell Speaks And Many More Earnings As DB’s Jim Reid writes (on his “day off”), the week starts off with the financial world assessing what the failed assassination attempt on Donald Trump means for the Presidential race and for markets. PredictIt has the probability of a Trump […]
Strangers Unite, Raising Millions On GoFundMe For Victims Of Trump Assassination Attempt
Strangers Unite, Raising Millions On GoFundMe For Victims Of Trump Assassination Attempt Saturday’s assassination attempt on former President Trump in Butler, Pennsylvania, has highlighted the dehumanizing propaganda pumped out by far-left corporate media outlets against the former president and his supporters as a significant catalyst behind the political-violence threat-climate plaguing America today. Trump, who landed Sunday in Milwaukee, just a […]
Trump Classified Docs Case Dismissed, Judge Finds Special Counsel Appointment Unconstitutional
Trump Classified Docs Case Dismissed, Judge Finds Special Counsel Appointment Unconstitutional US District Court Judge Eileen Cannon has dismissed Donald Trump’s classified documents case, ruling that the appointment of Special Counsel Jack Smith was unconstitutional. BREAKING: Judge Cannon has dismissed the Trump documents case, citing violation of appointments clause: pic.twitter.com/GPV9jXYAfZ — Kyle Cheney (@kyledcheney) July […]
Markets Navigate Trump Shooting Fallout: Dollar Stable, Bitcoin Jumps
The dollar remained steady on Monday as markets grappled with the potential implications of the attempted assassination of former U.S. President Donald Trump on his 2024 election chances and subsequent market impacts. While initial reactions narrowed the odds of a Trump victory, traditionally seen as dollar-positive due to expectations of looser fiscal policy and increased […]
Balancing Act: Oil Market Weighs China Concerns Against OPEC+ Cuts and Geopolitical Risks
Oil prices remained relatively stable on Monday as conflicting factors influenced the market. Concerns about demand in China, the world’s largest oil importer, exerted downward pressure following slower economic growth and reduced crude imports. However, this was offset by strong demand elsewhere, OPEC+ supply restraints, and ongoing geopolitical tensions in the Middle East. The market […]