Good morning, here are the opening callsLondon at dawn. Dukas | Universal Images Group | Getty ImagesGood morning from London, and welcome to CNBC’s live blog covering European financial markets and the latest regional and global business news, data and earnings.Futures data from IG suggests a choppy start for European markets, with London’s FTSE looking set to open 22 points higher at 8,862, Germany’s DAX down 88 points at 23,253, France’s CAC 40 lower 32 points at 7,619 and Italy’s FTSE MIB dropping 105 points to 39,321.Global market sentiment is becoming more skittish over the conflict between Iran and Israel and the possibility of further U.S. involvement.On…
Author: usaeverydaylife
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in May.Text removed from the May statement is in red with a horizontal line through the middle.Text appearing for the first time in the new statement is in red and underlined.Black text appears in both statements.Zoom In IconArrows pointing outwards Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailChris Marinac, Janney Montgomery Scott, joins ‘Fast Money’ to talk what could be ahead for the Federal Reserve in terms of policy and who benefits in the market.05:02Wed, Jun 18 20255:58 PM EDT Source link
The Otemachi One Tower building in Tokyo, Japan. Bloomberg | Bloomberg | Getty ImagesJapan’s government plans to cut sales of super-long bonds by about 10% from the original plan in a rare revision to its bond program for the current fiscal year, trimming overall bond issuance as a result, a draft document seen by Reuters showed.The move aims to soothe market concerns over supply-demand imbalances, after weak demand at recent auctions and a surge in super-long yields to record high levels last month rattled the bond market.The step also follows the Bank of Japan’s decision this week to decelerate the pace of bond purchases reductions from next fiscal year, signaling its preference to move cautiously in removing remnants of its massive, decade-long stimulus.The revised issuance plan will be…
Law enforcement establish a security perimeter near the residence of senior Democratic state assemblywoman Melissa Hortman after Hortman and her husband, Mark, were shot and killed earlier in the day, in Brooklyn Park, Minnesota, U.S., June 14, 2025. Tim Evans | ReutersThe home of murdered Minnesota Democratic state Rep. Melissa Hortman was broken into on Tuesday night, law enforcement officials said Wednesday.The break-in occurred just three days after Hortman and her husband, Mark, were shot and killed in the home Saturday morning in a politically motivated attack.”At 8:00am Brooklyn Park Police were alerted to an overnight break-in at the residence of late State…
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally.Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.”This seizure of $225.3 million in funds linked to cryptocurrency investment scams marks the largest cryptocurrency seizure in U.S. Secret Service history,” said Shawn Bradstreet, special agent in charge of the U.S. Secret Service’s…
U.S. Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States.Yasin Ozturk | Anadolu | Getty Images At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices — was a recurring one.”Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs because someone has to pay for the tariffs,” Powell said. “And some of it will fall on the end consumer.”Granted, recent economic data has been upbeat, suggesting the U.S. economy has been able to…
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, D.C., on June 2, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesThe Federal Reserve sees inflation rising again to top 3% this year amid the uncertainty around President Donald Trump’s trade policies and intensifying geopolitical risk.Federal Open Market Committee participants said at their June meeting that they expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a 3.1% rate in 2025, higher than their prior forecast of 2.8% in…
AMD is having a strong week so far, which started with Monday’s nearly 9% gain. While chasing a stock after such a sharp move isn’t typically advisable for short-term traders, the technical set-up looks compelling from several angles. To start, the rally triggered a clear breakout through this inverse head-and-shoulders pattern — best seen on the weekly chart. We’ve annotated a potential measured move target that would take the stock up to $168, which aligns closely with the 61.8% Fibonacci retracement of the entire 2024–2025 decline at $170. The confluence of these levels increases the likelihood of that target being reached,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHelima Croft, RBC, joins ‘Fast Money’ to talk crude oil prices rising around escalation in conflict between Israel and Iran.05:49Wed, Jun 18 20256:06 PM EDT Source link
