Societe Generale analysts Dev Ashish and Brendan McKenna discuss how ongoing United States-Mexico-Canada Agreement (USMCA) review uncertainty is likely to prolong policy risk for Mexico and weigh on growth and capex. They note that Banxico’s inclination to ease and new bond-buying authority intersect with their existing short EUR/MXN trade recommendation…
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ING analysts Warren Patterson and Ewa Manthey note that ICE Brent ended the second quarter sharply lower as markets price a recovery in Persian Gulf supply and record US output. They highlight rising tanker confidence into the Persian Gulf, strong US production and exports, and potential Chinese refined product exports as factors capping Oil prices despite ongoing geopolitical risks.Persian Gulf flows weigh on Brent”The oil market finished the second quarter yesterday weak, with ICE Brent…
President Donald Trump reported more than $1 billion in cryptocurrency-related income in his latest annual…
The NZD/USD pair holds negative ground near 0.5665 during the Asian trading hours on Wednesday.…
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It was easier to leave our New York life than we thought it would be.My partner, James, and I had both lived there since the ’90s. But downtown Manhattan had lost both its appeal and its affordability. The spike in hate crimes against Asian and LGBTQ+ communities also left us…
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The Bureau of Labor Statistics has taken steps to address issues that led to the release of key economic data at improper times in 2024, though a watchdog said it has more work to do in establishing safeguards. A report by the Labor Department’s inspector general looked at a trio…
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Microsoft is planning to announce job cuts soon as the tech giant continues efforts to control costs, according to people familiar with the situation.The cuts are expected to impact thousands of roles, including sales and consulting, in addition to jobs at the Xbox gaming division, the people said.This round is…
