Express News | Trump: Agrees to continue negotiations with Iran, but the ceasefire has ended

BreakingsJul 10 22:33

Five Working Groups Emerge—Wu’s 'United Front' Aims for Rate Cuts?

The policy framework reform spearheaded by Federal Reserve Chair Kevin Warsh has entered a substantive phase—with five working groups officially unveiled on July 9, bringing together heavyweight figures including the former Bank of England governor, a Nobel laureate in economics, and Marc Andreessen. This development follows the Bureau of Economic Analysis’s (BEA) quiet adjustment to its PCE calculation methodology, prompting warnings from Goldman Sachs and UBS Group that inflation readings will be systematically understated. China Securities Research has outlined a clear three-step roadmap: personnel appointments, framework overhaul, and a dovish pivot—culminating in an anticipated rate cut in the fourth quarter.

wallstreetcnJul 10 13:57

Let the former Walmart CEO calibrate inflation? Here’s what you need to know: How Kevin Warsh’s five task forces nailed their appointments!

The external advisers appointed by Worshe are primarily composed of prominent academics, former central bank officials, and corporate executives, with some of the appointments drawing considerable admiration from observers...

cls.cnJul 10 11:29

Inside NATO Summit’s 48 Hours: Trump’s Emotional Rollercoaster Shakes the Globe

During his 48 hours in Ankara, Turkey, Trump nearly became the focal point of global diplomatic momentum. Markets, allies, Ukraine, and Iran all swiftly adjusted their expectations based on his statements.

Golden10 DataJul 10 11:16

Is the 'rate hike nightmare' still looming? New York Fed: Tariff impacts could deliver a 'final blow,' with half of businesses planning further price increases.

Inflation concerns could heat up again, forcing the Federal Reserve to raise interest rates.

cls.cnJul 10 10:29

Amid recurring geopolitical tensions, gold prices are consolidating at a bottoming range, awaiting a rebound.

International gold prices edged higher during early Asian trading on Friday, with spot gold (XAU/USD) rising to around USD 4,120 as markets reassess the impact of evolving geopolitical developments in the Middle East, energy price risks, and the Federal Reserve's future monetary policy direction on the precious metals market. Recently, the primary driver for gold has once again shifted toward geopolitical risk. Tensions between the United States and Iran have shown signs of recurring; while markets had previously anticipated that both sides might reduce conflict risks through diplomatic channels, the latest reports indicate that the situation remains highly uncertain. The White House stated that the U.S. remains committed to the previously agreed understanding framework with Iran,

FX678 FinanceJul 10 09:51