Financial News and Latest Market Stories

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.

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

Trump pressures Mexico for energy deals in crunch trade talks - FT https://t.co/ibu7J36pcm

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 ...

There's an uneasy mood in Finland — the country ranked the world's happiest for nine consecutive years . A colder-than-usual winter is on the way and so is the toughest austerity budget in years. With an election due in April, the argument is no longer how much to cut, but which services, benefits and pensions will face the biggest cuts. Finland's debt and ...

Gold is attempting to break out after a punishing bearish period since late August, just as two of the key markets that contributed to its weakness are showing signs of potentially reversing. US 10-year Treasury note futures look to be establishing a bottom, having hit extreme oversold conditions earlier this month, while the US Dollar Index has broken its ...

New Zealand house values have barely moved in the three years since the 2023 general election. The national average is just 1.2% higher than at the end of September 2023, according to OneRoof analysis. The national average property value now sits at $955,000, down $7,000 over winter, as the market heads into this year’s election. Homeowners in eight ...

In September 2026 the consumer sentiment index stood at –36 points. This is just under 1 point higher than in September 2025. The following sub-index is higher than in September 2025: economic outlook. The following sub-indices are lower than a year ago: past financial situation, financial outlook and moment to make major purchases. tables

The ECB monetary policy account precedes the recent volatility in euro-area government bond markets, but still clearly supports the case for further rate hikes. The next step continues to look likely at the December meeting. The monetary policy account from the ECB’s September meeting reinforces the impression that the Governing Council remains primarily ...

Gold’s rebound is tied closely to the pullback in Treasury yields, leaving it exposed if the bond selloff resumes ahead of the Fed’s October meeting. With markets pricing an 82% chance of a hike by December, any strong US data or hawkish Fed commentary could quickly push yields back up and gold back toward its recent lows. Oil remains the inflation ...

The US Dollar (USD) extends its decline against its major peers on Friday as United States (US) Treasury Yields correct after failing to extend the rally. In the Asian trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% lower to near 102.02. The DXY faced significant selling pressure on late ...

The euro was headed for a fifth straight weekly drop on Friday, though there were signs the selling streak was losing momentum as France's tumbling debt market stabilised and a decline in US yields took some steam out of the dollar's rally. The common currency had hit a 17-month low of $1.1161 on Monday on market worries about France's record high debt load ...

China remains committed to letting market forces play a decisive role in determining the RMB exchange rate, the country's central bank said on Thursday. The People's Bank of China (PBOC) stressed in a statement outlining its view on the RMB exchange rate that the country adopts a managed floating exchange rate regime based on market supply and demand with ...

At around 150 basis points over Bunds, French ten-year government bonds look tempting. The spread is exceptionally wide by France’s historical standards. For investors accustomed to treating France as a core European sovereign, the instinct is to buy the dislocation and wait for normality to return. But that instinct risks anchoring to a past that no longer ...

U.S. Trade Representative Jamieson Greer joins 'Squawk Box' to discuss details of a new joint deal with 14 other major economies to crack down on global factory overproduction, targeting excess manufacturing, Pres. Trump's trade and tariff policies, and more.

Depending on the type of data or time period of interest, you can get very different signals on the underlying health of labour demand in Australia at the moment. Employment surprised to the upside in August with a 39k gain, more than making up for the 16k decline in July. Looking through the monthly swings, momentum appears to have been improving over ...

The US dollar reversed lower overnight, coinciding with similar moves in crude oil futures and benchmark US 10-year Treasury yields. That saw USD/JPY break its uptrend from the low set in mid-September, hinting a broader trend change may be underway for the big dollar. The question now is whether EUR/USD, which has been battling idiosyncratic headwinds ...

It's been a good week for US bond auctions. Solid 10yr and 30yr auctions over consecutive days show there is a level where buyers step in. The 30yr auction saw a strong international and domestic bid that took down the paper at secondary market levels, and the previous day's 10yr auction came a tad rich to secondary. The 10yr yield is back below 5.25%, ...

The design studio behind the viral Graza olive oil squeeze bottle secured an up to $1 million contract to brand Mayor Zohran Mamdani’s taxpayer-subsidized grocery stores. The city’s Economic Development Corporation — which is overseeing the plan to build a municipally-owned grocery store in each borough — recently awarded the up to three-year deal to ...

St. Louis Federal Reserve president Alberto Musalem said Thursday that more interest rate hikes will be needed over the next six to nine months to bring inflation down, but he didn't indicate that the central bank needs to move at its next policy meeting. "The important thing at this point in time is to bring inflation back towards 2% in a timely manner, ...

U.S. Dollar Index gains some ground as traders focus on the Initial Jobless Claims report. The report indicated that 197,000 Americans filed for unemployment benefits in a week, compared to analyst consensus of 200,000. The previous report was revised from 197,000 to 199,000. The report indicated that the job market remained in decent shape. U.S. Dollar ...

*blasts Caused By Tankers Hitting Mines In Strait Of Hormuz:fars According to a Fars News Agency security and defense reporter, citing reliable military sources, several powerful explosions occurred minutes ago in the southern part of the Strait of Hormuz. These explosions were caused by oil tankers that were violating regulations and struck mines deployed in the area. #oott https://t.co/ixQlnVwH51

Nearly 6 years into the current console generation, the PlayStation 5 and Xbox Series X|S remain as expensive as ever, pushing buyers toward the second-hand market. Even so, finding an affordable pre-owned PS5 Pro has become just as expensive. GameStop, one of the largest video game specialty retailers in the United States, has significantly inflated prices ...

During his October press conference, National Bank of Poland (NBP) Governor Adam Glapiński highlighted growing risks to the inflation outlook. At the same time, however, he stressed that the rise in prices so far has been driven by an external supply shock and that there is little evidence of higher energy costs spreading broadly to the prices of other ...

Russia President Putin, In Talks With Irans Pezeshkian: Russia Is Ready To Undertake All Measures To End Iran Conflict

An attack on an oil tanker near Qatar, deep inside the Persian Gulf, has raised fears among traders that a surge in strikes on shipping is spreading beyond the Strait of Hormuz, threatening the tanker operations that have helped keep oil flowing despite the conflict. The Acers, an oil and chemical tanker, was struck by several projectiles north of Qatar ...

By the time the ECB met in September, a 25bp rate hike had already come to be seen as the most likely outcome. The just-released minutes of that meeting show that the ECB’s Governing Council was united in its view that a worsening inflation outlook and economic resilience called for a hike. The minutes, however, give a less hawkish picture than ECB ...

Fed's Musalem: Inflation is elevated and being driven by persistent demand pressures and supply shocks. Fed's Musalem: Rates ought to be going up in the next 6 to 9 months Fed's Musalem: The economy is pretty strong right now, best thing Fed can do is lower inflation Musalem says market inflation expectations remain anchored, sees no threat to Fed credibility

*us Gulf Shuts In 1.3 Million B/d Or 63% Oil Production: Mma

*treasury: Us Is Targeting The Remnants Of Irans Shadow Fleet US Treasury Secretary Bessent: We will keep exposing those who enable Iran's oil sales Operation Economic Outcast Neutralizes Iranian Regime’s Remaining Shadow Fleet Network Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury is targeting the remnants of Iran’s shadow fleet: the aging network of tankers the regime relies on to move billions of dollars’ worth of petroleum and petroleum products to foreign markets. Today’s action effectively neutralizes the vast majority of Iran’s remaining shadow fleet network. “Treasury is starving the tyrannical regime in Tehran of the money it uses to wage war in the region, and we will continue exposing those who enable the regime’s oil sales,” said Secretary of the Treasury Scott Bessent. “No enabler of Iranian sanctions evasion is safe from the full force of Treasury’s authorities.” With the success of the U.S. military’s blockade, dwindling Iranian oil shipments outside the blockage line, and intensifying economic pressure across sectors from Operation Economic Outcast, the regime is running out of options to stabilize Iran’s failing economy. OFAC is taking action against remaining shadow fleet vessels that are continuing to evade U.S. sanctions by transporting Iranian petroleum and petrochemicals. The vessels involved, registered across more than a dozen jurisdictions and operated by an intricate web of international front companies, underscore the global scale of Iran’s illicit shipping architecture and the sophistication with which the regime attempts to mask its sanctions evasion. By dismantling these maritime nodes and the companies behind them, Treasury is severing core channels the Iranian regime has long relied on to circumvent U.S. sanctions, sustain its petrochemical sector, and funnel resources to destabilizing actors. Because this illicit maritime ecosystem is fluid, with vessels routinely entering and ex

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President Donald Trump said Thursday that the U.S. will not attack Iran before the Nov. 3 midterm election, explicitly tying the timing of potential further military action to the domestic political calendar. “We will not be attacking Iran at any time prior to the Midterm Elections,” Trump said in a post on Truth Social, adding that the U.S. was having ...

*lagarde Told Euro Finance Chief: No Sense Of Broadening Prices *lagarde To Euro Finance Chief: Ecb Attentive To Markets

We are having productive discussions with the Islamic Republic of Iran. I want to make it clear to everybody that, while Iran is in very bad condition, both Economically and Militarily, and while the Blockade will remain in full force and effect, with Oil flowing in Record Numbers of Barrels through the Hormuz Strait (22 Million Barrels, last night alone, with not one barrel coming from, or going to, Iran!), we will not be attacking Iran at any time prior to the Midterm Elections to be held in the United States on November 3rd. IRAN WILL NOT HAVE A NUCLEAR WEAPON! President DONALD J. TRUMP