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News
Mark Sobel: G3 and G7 FX interventions aim to counter disorderly markets
1+ hour, 35+ min ago (333+ words) Traders Union Mark Sobel: G3 and G7 FX interventions aim to counter disorderly markets Mark Sobel emphasizes that the primary goal of G3 and G7 floating currency foreign exchange interventions by official entities is to counteract disorderly markets. He adds that these interventions are…...
What's driving Pound Sterling vs Yen higher today?
5+ hour, 39+ min ago (362+ words) Traders Union What's driving Pound Sterling vs Yen higher today? Pound Sterling vs Japanese Yen (GBP/JPY) advanced as intraday momentum and firm price action toward session highs supported renewed buying, even as the technical structure remains challenged in the…...
Sterling holds near three-week high as traders await UK growth data
6+ hour, 35+ min ago (228+ words) The British pound trades little changed on Monday near a more than three-week high as investors look ahead to UK growth figures and developments in the Middle East. Markets are also watching whether any progress on reopening the Strait of…...
Mark Zandi: U.S. job market weakens despite tighter immigration
15+ hour, 20+ min ago (358+ words) Traders Union Mark Zandi: U.S. job market weakens despite tighter immigration Mark Zandi, chief economist at Moody's Analytics, points out that the job market is facing significant challenges for both foreign-born and native-born workers. He highlights that stricter immigration policies, which…...
Lance Roberts: U.S. gold peg impact discussed in dollar scenario
21+ hour, 50+ min ago (656+ words) Traders Union Lance Roberts: U.S. gold peg impact discussed in dollar scenario Lance Roberts addresses the framing of a recent piece focusing on the impact of a unilateral U.S. peg to gold. He highlights that his analysis assumes the U.S. would adopt a…...
Tom McClellan: Federal tax burden above 18% of GDP linked to recessions
1+ day, 40+ min ago (346+ words) Traders Union Tom McClellan: Federal tax burden above 18% of GDP linked to recessions Tom McClellan argues that when U.S. federal taxes rise to 18% of GDP, both the economy and the stock market tend to suffer. He notes that reaching or even…...
U.S. stock market eyes July inflation data, Cardinal Health earnings
1+ day, 3+ hour ago (272+ words) Traders Union U.S. stock market eyes July inflation data, Cardinal Health earnings With second-quarter earnings season nearing its end, investors are shifting their focus to fresh U.S. inflation readings and signs that could shape Federal Reserve policy. The week’s agenda also includes…...
Workers build burnout funds as job stress and economic pressure reshape saving priorities
2+ day, 8+ hour ago (300+ words) As workplace strain and economic uncertainty intensify, some workers are setting aside dedicated savings to finance a break from work if burnout forces them to step back. The trend reflects both growing financial planning around career interruptions and broader concern…...
Jeroen Blokland: Equities reach record share of household assets
2+ day, 1+ hour ago (342+ words) tradersunion.com Jeroen Blokland: Equities reach record share of household assets Jeroen Blokland highlights that equities now make up an all-time high percentage of household assets. He suggests that while this is significant, it does not automatically imply that equities…...
Mario Nawfal: Economic impact of Iran conflict may exceed battlefield damage
2+ day, 3+ hour ago (381+ words) Traders Union Mario Nawfal: Economic impact of Iran conflict may exceed battlefield damage Mario Nawfal, founder & CEO at IBC Group, highlights concerns about the economic effects of the ongoing conflict on Iran. According to Nawfal, comments by former Treasury official…...