Financial News and Latest Market Stories

Financial news and source-based summaries covering forex, economics, crypto and corporate developments.

Market News / Top Stories

  • US Treasury immediately issues temporary general license allowing Russian diesel supplies to reach the global market
    From @MarketsCapApp |
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    US Treasury immediately issues temporary general license allowing Russian diesel supplies to reach the global market US Treasury: Office of Foreign Assets Control (OFAC) is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market.

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  • Trump: Concluded a highly successful discussion with Putin, it was agreed that Russia will immediately supply over 300,000 tons of diesel fuel
    From @realDonaldTrump |
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    I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST! Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter.� President DONALD J. TRUMP Nodewire Alert Trump: Russia To Deliver 3 Mln Metric Tons Diesel Soon. *trump Says Putin Agreed To Release Diesel Into Global Market

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  • Trump pressures Mexico for energy deals in crunch trade talks - FT
    From @financialjuice |
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    Trump pressures Mexico for energy deals in crunch trade talks - FT https://t.co/ibu7J36pcm

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  • Collins: Remarks at the Conference in Memory of John Leahy
    From bostonfed.org |
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    Good afternoon, and thank you Kathryn. While I remain deeply saddened by the tragic loss of John Leahy, I am honored to be here today, with all of you, to celebrate John’s life and his many, many contributions – to our lives, to economics, and to the field of monetary policy. And it is always gratifying to be back at the Ford School, and the University of ...

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News / Latest Stories

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  • USD: This week we got a sneak-peak at the playbook for when the AI bubble bursts
    From investinglive.com |
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    It wasn't a big week in financial markets. When you upwrap it, Fed pricing has been flat and major indexes chopped sideways. The Iran war continues with the usual threats, but we did get a promise from Trump not to attack before the midterms. How credible that promise is might be up for debate. Later today we will get a Hurricane Isaias hitting the US ...

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  • More Fed hikes on the horizon? Here's what you need to know
    From youtube.com/cnbctelevision |
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    CNBC's Steve Liesman joins 'Halftime Report' to report on President Donald Trump establishing a 'committee of inquiry' to investigate allegations that Federal Reserve Governor Lisa Cook made false statements related to mortgages, according to the White House. He also reports on whether rate hikes are on the horizon.

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  • Elon Musk is now richer than any American ever - and it's not even close
    From morningstar.com |
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    Recent gains in shares of SpaceX and Tesla have pushed Elon Musk's net worth back beyond the trillion-dollar mark. Musk's wealth has earned him the title of the world's first and only trillionaire - and the richest person in the history of America by certain measures, surpassing the wealth of industrialists like John D. Rockefeller and Andrew Carnegie when ...

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  • Trump On Action On Iran Before Midterm: We May
    From @apewirenews |
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    *trump On Action On Iran Before Midterm: We May: Bbg $cl

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  • Job losses concentrated among young Canadians in September
    From rbc.com |
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    Canada’s labour market lost 68,000 jobs in September, driven by losses in public sectors (education and health care), piling onto the 42,000-job loss in the prior month. These losses reversed most of the job growth seen over the summer and leave the year-to-date employment count at -41,000. The monthly employment counts are notoriously volatile, and there ...

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  • Collins: Remarks at the Conference in Memory of John Leahy
    From bostonfed.org |
    Read story summary

    Good afternoon, and thank you Kathryn. While I remain deeply saddened by the tragic loss of John Leahy, I am honored to be here today, with all of you, to celebrate John’s life and his many, many contributions – to our lives, to economics, and to the field of monetary policy. And it is always gratifying to be back at the Ford School, and the University of ...

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  • Euro falls, set for fifth straight weekly drop as oil prices rise
    From channelnewsasia.com |
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    The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France's beleaguered bond market steadied. The euro zone's currency hit a 17-month low of $1.1161 on Monday as investors worried about France's record public debt and the difficult political ...

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  • US Treasury immediately issues temporary general license allowing Russian diesel supplies to reach the global market
    From @MarketsCapApp |
    Read story summary

    US Treasury immediately issues temporary general license allowing Russian diesel supplies to reach the global market US Treasury: Office of Foreign Assets Control (OFAC) is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market.

    VIEW SOURCE
  • Trump: Concluded a highly successful discussion with Putin, it was agreed that Russia will immediately supply over 300,000 tons of diesel fuel
    From @realDonaldTrump |
    Read story summary

    I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST! Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter.� President DONALD J. TRUMP Nodewire Alert Trump: Russia To Deliver 3 Mln Metric Tons Diesel Soon. *trump Says Putin Agreed To Release Diesel Into Global Market

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  • US consumers remain under pressure as sentiment slides
    From think.ing.com |
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    Today's data flow has produced very weak University of Michigan sentiment, falling to 46.3 in October from 48.1. This is the second-weakest reading of all time (the weakest being in May of this year). Current conditions exhibited the greater pain, falling to 44.7 from 50.9, which is a new low and doesn't bode well for Republicans in the mid-terms. High ...

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  • Panama struck by 8.0 mag earthquake near Pitaloza Arriba: USGS
    From @FirstSquawk |
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    Panama Struck By 8.0 Mag. Earthquake Near Pitaloza Arriba: Usgs PTWC: Hazardous Tsunami Waves Possible From Panama Quake

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  • 6% Yields Next & Will Stonks Handle It?
    From podcasts.apple.com |
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    podcast Alf and Brent discuss the relentless bond yield and USD move. Can we get to 6% yields in the US, or even higher? And will stonks be able to handle it?

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  • Trump pressures Mexico for energy deals in crunch trade talks - FT
    From @financialjuice |
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    Trump pressures Mexico for energy deals in crunch trade talks - FT https://t.co/ibu7J36pcm

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  • Australian Dollar Short-term Outlook: AUD/USD Rebound Challenges September Downtrend
    From forex.com |
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    AUD/USD is attempting to stabilize after a sharp month-long decline carried the pair into a major support zone last week. The rebound has now brought Aussie back to an important technical threshold, where buyers are trying to break the descending structure that has governed price action since the September high. While the recovery has improved the immediate ...

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  • Trump forms committee to investigate mortgage fraud allegations against Fed governor Lisa Cook
    From finance.yahoo.com |
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    President Trump has established a committee to investigate allegations against Federal Reserve governor Lisa Cook, including mortgage fraud and whether her statements constituted legal "cause" for Cook's removal from the central bank. The president has tasked the committee with investigating whether Cook made false statements about two mortgages she took ...

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  • Escort steals $135K in ‘robbery by seduction’ from men she met at the Booby Trap strip club: cops
    From nypost.com |
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    They should have guessed what they were walking into … A sticky-fingered escort is accused of stealing more than $135,000 from men she met at a Miami strip club fittingly named the Booby Trap. Deziree Hood, 21, was already out on bond for a previous robbery earlier this year when she was recently arrested again in what Miami cops labeled “robbery by ...

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  • Trump: Big Announcement Coming Up On Diesel
    From @FirstSquawk |
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    Trump: Big Announcement Coming Up On Diesel Trump Reiterates Prices Will Come Down After Iran War Is Over Trump: Took Out 28 Million Bbls Of Oil From Hormuz Yesterday Trump Reiterates Iran War Will Be Over Soon

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  • Iran Strikes LPG Tanker In Strait Of Hormuz, As Houthis Reportedly Mine Bab al-Mandab
    From zerohedge.com |
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    Saudi-funded Al Arabiya is reporting a 'worst fear' scenario on Friday, saying that Houthi militias have planted a large quantity of mines in the Bab al-Mandab area. The report says further that Saudi-backed teams of engineers are currently engaged in demining operations in the Red Sea strait. It writes: Engineering teams continue clearing operations and ...

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  • Charizard Pok�mon Card Sells for Record-Breaking $1.385 Million
    From vice.com |
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    A rare Charizard Pok�mon card has sold for more than $1.3 million, setting a new record for the classic TCG collectible. The first-edition PSA 10 Charizard has crossed the million-dollar mark, and its latest price is enough to make anyone wish they had taken better care of their childhood collection. The 1999 first-edition holographic Charizard Pok�mon card ...

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  • Establishment of a Committee of Inquiry to Investigate Allegations of False Statements by Lisa DeNell Cook
    From whitehouse.gov |
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    By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby establish a committee of inquiry (Committee) to investigate allegations that Federal Reserve Governor Lisa D. Cook made false statements in connection with one or more mortgage instruments. The Assistant to the President for Economic Policy, ...

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  • Hurricane Isaias nears landfall, leading to production shut-ins
    From eia.gov |
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    As of 4:00 a.m. central time on October 9, the National Oceanic and Atmospheric Administration expects Hurricane Isaias to make landfall on the Gulf Coast late Friday or early Saturday, creating the potential for significant disruptions to energy infrastructure. Hurricane Isaias is the first hurricane of the 2026 Atlantic season and will be the largest ...

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  • US consumer confidence deteriorates in October
    From breakingthenews.net |
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    The Consumer Sentiment Index in the United States contracted by 3.7% on a monthly basis to 46.3 points in October, according to the preliminary report published by the University of Michigan on Friday. On an annual basis, the figure is seen to have plunged by 13.6%. The Current Economic Conditions Index tumbled by 12.2% month-on-month and sank by 23.7% ...

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  • USD/CAD Hits 18mo Highs - Trump's Beef with Canada to Blame?
    From youtube.com/forexcom |
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    The Canadian jobs report showed a surprising -68K contraction as Trump's Trade War with Canada weighed on employment, driving the loonie to 18mo lows against the US Dollar. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, USD/CAD.

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  • Treasury’s Bessent hires Trump’s controversial former Fed board pick, Judy Shelton, as advisor
    From cnbc.com |
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    Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has been appointed a counselor to Treasury Secretary Scott Bessent. The Treasury said Shelton will advise Bessent on currency policy, “with a particular focus on evaluating financial conditions in China.” Shelton is not known as a China expert. ...

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  • Iran's IRGC Navy Says Targeted LPG Tanker Trying To 'illegally' Pass Through Strait Of Hormuz, And It Suffered A Massive Fire - State Media
    From @DeItaone |
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    Iran's Irgc Navy Says Targeted Lpg Tanker Trying To 'illegally' Pass Through Strait Of Hormuz, And It Suffered A Massive Fire -state Media Irgc Says From Now On, Any Vessels Committing Violations Outside Strait Of Hormuz Will Also Be 'punished' - Statement

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  • Canada Labour Force Survey, September 2026
    From statcan.gc.ca |
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    Employment declined by 68,000 (-0.3%) in September and the employment rate fell 0.2 percentage points to 60.6%. The unemployment rate increased 0.1 percentage points to 6.5%. The employment decline was concentrated among youth aged 15 to 24 (-48,000; -1.8%) as well as women aged 25 to 54 (-28,000; -0.4%). There were fewer people working in educational ...

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  • Another IG Executive Joins OANDA After Four Years as Global Compliance Officer
    From financemagnates.com |
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    Karolina Jasica has joined OANDA as Global Compliance Officer, according to her LinkedIn profile. Jasica joins OANDA after more than four years at IG Group, where she most recently served as Head of Compliance Monitoring, Assurance and Regulated Complaints. Her appointment follows another move from IG Group to OANDA. In December, OANDA appointed former IG ...

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  • China And The EU Have Come To An Agreement To Better Handle Trade Disputes
    From @RedboxWire |
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    China And The Eu Have Come To An Agreement To Better Handle Trade Disputes. China And The Eu Have Agreed On Hybrid Vehicle Trade Following Extensive Talks, In Line With Wto Rules. Discussions Will Continue On Price Terms And The Eu's Anti-subsidy Inquiry Into Chinese Electric Cars. China commerce ministry to keep exploring scope to cut tariffs on some goods under WTO rules

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  • FX Daily: High bar for a US dollar correction
    From think.ing.com |
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    The dollar lost a bit of ground yesterday as Treasuries took a breather, but we don’t see signs of a broader USD correction brewing. US President Donald Trump has said the US won’t attack Iran before the 3 November midterms, but the oil market is reluctant to price out the geopolitical premium that has kept prices above $100/bbl despite improved Gulf ...

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  • EUR/GBP: Euro Rallies Likely to Attract Sellers
    From dailyforex.com |
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    The euro continues to struggle overall, as rates in France show signs of extreme stress at the moment. The euro has rallied a little bit against the British pound after initially selling off on Thursday, as we are getting fairly close to a demand area. All things being equal, this is a market that is still paying close attention to the idea that the ...

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