The United States ordered a blockade of Venezuelan oil tankers because the Trump administration believes President Nicolás Maduro's regime is acting detrimentally to the United States and the world. Trump has labeled the Venezuelan government a "foreign terrorist organization" and accused the regime of asset theft, terrorism, drug trafficking, and human trafficking. He has therefore decided to block tankers sailing in and out of Venezuela as part of an economic and political pressure campaign. This move is also part of a broader US pressure campaign, including the seizure of tankers...
Treasury Secretary Scott Bessent said there will be one or two more interviews this week for the next Federal Reserve chairman, with President Donald Trump likely announcing the next chairman sometime in early January. "This is right up the president's alley," Bessent said on Fox Business on Tuesday. "He's been very, very thorough," and also "very direct with the candidates in the interviews in terms of asking for their views on Fed policy, the Fed's structure, the path forward, and the economy." Bessent also praised two candidates - National Economic Director Kevin Hassett and former Fed...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada dekat level tertinggi sejak awal Oktober yang disentuh pada Kamis lalu, jadi tekanan jual sejauh ini masih terbatas. Dolar AS (USD) terlihat menguat pelan setelah sebelumnya tertekan ke level terendah lebih dari dua bulan. Kenaikan ini lebih mirip rebound teknikal ketimbang perubahan tren besar, karena ekspektasi pasar masih condong ke The Fed yang dovish. Bank sentral AS baru saja memangkas suku...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in resolving the conflict. However, Trump also expressed disappointment that Ukrainian President Volodymyr Zelenskiy has not readily accepted the US peace plan, increasing pressure on Kyiv, which previously rejected the proposal as too favorable to Moscow. Trump expressed "deep frustration" with the slow pace of negotiations and no longer wants to be trapped in fruitless meetings. White House...
President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline Leavitt told reporters on Thursday. "I know there was a quarter-point reduction this past week, and the president was pleased to see that, but he thinks more should be done," Leavitt said. The U.S. central bank cut interest rates on Wednesday, but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the direction of the job market, inflation and the...
The number of US citizens submitting new applications for unemployment insurance went up to 236K for the week ending December 6, according to a report from the US Department of Labour (DOL) released on Thursday. The latest print came in above initial estimates (220K) and was higher than the previous week's 192K (revised from 191K). Additionally, the 4-week moving average increased to 216.75K from the 214.75K average of the previous week. Finally, Continuing Jobless Claims improved to 1.838M. Source: FXstreet.com
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...