UBS boost their end year S&P 500 target to 5900
UBS increasing their year-end price target to 5,900 for the S&P 500. previously at 5,600 And their June 2025 target…
Category: Forex News
NYT: Biden has begun to accept that he may not win in Nov, may have to drop out
Info via Reuters: Several people close to President Biden say that they believe he has begun to accept the idea…
Unnamed source – Biden doing 'soul searching' amid calls to exit 2024 presidential race
Newswires conveying the latest scuttlebutt, citing unnamed “sources familiar with the matter” Biden is taking calls to step aside as…
Labour wants to avoid a repeat of the Liz Truss 'mini-budget' crisis
Liz Truss rose to the top of UK politics. Unfortunately, all she will be remembered for is being the shortest-serving…
US dollar firms to the best levels of the day
The US dollar has further strengthened as stocks continued to sag. The Russell 2000 is at the lows of the…
Washington Post: Biden needs to seriously consider his viabilty
For what it is worth, the Washington Post is putting that former Pres. Obama tell allies that Biden needs to…
European equity close: Some up, some down
Closing changes: German DAX -0.4%. France CAC +0.4% UK FTSE 100 +0.3% Spain’s IBEX +0.5% Italy’s FTSE MIB +0.5% French…
Several top Democrats say Biden will exit, possibly this weekend
Axios reports: Several top Democrats privately tell us the rising pressure of party congressional leaders and close friends will persuade…
US June leading indicators -0.2% vs -0.3% expected
Prior was -0.5% This is a composite index of data that’s already released. It’s never a market mover but it…
Von der Leyen re-elected at European Commission but vote split highlights tensions
Ursula von der Leyen has been re-elected as the President of the European Commission for a new five-year term but…