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Context for this is here:Charles Michel, the president of the European Council, with comments from Hiroshima, where is in attendance at the G7 summit this weekend:We will restrict sales of Russian diamondsstable and constructive cooperation with China is in our...

The China Securities Journal is a national securities newspaper in China, published by Xinhua News Agency. This is state media, controlled by the Chinese Communist Party. An article in the outlet today says the factors disturbing the exchange rate are limited, and...

Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman was speaking to the Saudi Press Agency (SPA):“At the international level, there is coordination between [Saudi Arabia] and OPEC+ countries… including several Arab countries. This is considered a cornerstone...

I posted this earlier:The UK isn't waiting, its unveiled new sanctions against Russia’s minerals sector, targeting imports of aluminum, diamonds, copper, and nickel.The UK is also sanctioning a further 86 individuals and companies from Putin's war machine. UK prime...

GFK survey of consumer sentiment in the UK. Up for the 4th month in a row. Highest in 15 months. The record low was -49 in September 2022.An improvement but still deeply pessimistic. "The overall trajectory this year is positive and might reflect a stronger underlying...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

Berkshire Hathaway purchased 3.4mn shares in Occidental Petroleum between May 16-18 Via an SEC filing Berkshire Hathaway reports open market purchase:of 1.6mln shares of Occidental Petroleum common stock at avg price $58.2/share on May 16 - sec filingof 614,020 shares...

The G7 leaders summit in Hiroshima, Japan, will discuss plans to impose restrictive measures against the Russian diamond industry and against countries and institutions that help Russia circumvent international sanctions.“You can expect this to be mentioned in the G7...

U.S. Vice President Kamala Harris and senior White House economic adviser Lael Brainard (ex-Vice Chair of the Federal Reserve) say unless the debt ceiling is raised:"A debt default could trigger a recession"The info comes via a Reuters report, link here for moreI...

The Office of the United States Trade Representative (USTR) says the US and Taiwan have reach an initial agreement on what they are referring to as a '21st Century' trade pact.It'll cover customs and trade facilitation, regulatory practices, services regulations,...

Dallas Fed President Lorie Logan got the USD moving to the upside today after saying data at this time, does not support skipping a rate hike at the next meeting. That caught the attention of the market, pushed yields higher, the USD higher, gold lower, and pre-market...

Gold fell on Thursday. If you like it UBS Global Wealth Management outline three reasons to buy.1. Central bank demand should remain robust 2022 was the 13th straight year that central banks were net buyers of gold, and demand is likely to continue“Based on the 1Q23...

The major US stock indices are closing solidly higher with the NASDAQ index leading the way with a gain of 1.51%. The S&P index is also up strongly at 0.94% and is closing just below the 4200 level that many traders have as the high of a range. The index is...

Japanese national-level CPI data is the highlight on the calendar. The Tokyo-area CPI for April rose above March levels, and remained above 3%, for all three readings. The Bank of Japan keeps telling us they expect inflation to be transitory. That's what the Fed and...