Written by Mike Dolan
LONDON (Reuters) – What matters in the United States and global markets today
Written by Mike Dolan, Editor and Man, Finance and Markets
The S& P 500 may stop on Thursday, but Nasdak reached the highest new level, as it lasted a week of surprises in positive profits and high expectations that reduce expectations to tariff fears and a few isolated The excitement in technology continues to pay all the future index futures before Friday.
On Thursday, stocks included a great success in profits by 14 % of profits to the ALI Lilly drug giant after a disappointing drug experience and a 3 % decrease in Intel after Trump demanded the resignation of the CEO due to Chinese ties.
* Long -term expectations were raised after Trump said that he would nominate Economic Chamber of Economic Chamber of Chamber Stephen Miran to fill the seat of the vacant board of directors of Adriana Koger Clear temporarily, and the ruler of the Federal Reserve Bank Chris Waller was reported that he was his best choice for the chair next year. JPMorgan now expects a price reduction next month, and the futures market market price is up to 3 % by the end of next year, or about 20 basis points less than expected a month ago.
* US Treasury revenues are flat and the dollar’s height, as the long league auction continued on Thursday a week of lukewarm debt sales, and weekly weekly, the weekly claims showed some signs that the smoothness that was marked in the salary report last week. The sterling was more stable after the Bank of England voted slightly to reduce prices on Thursday, and the bizo was fixed after the central bank in Mexico also reduced again.
* Gold futures in the United States climbed to the highest level in the record on Friday after the Financial Times report that the United States had imposed a tariff on imports of kilos kilos and 100 ounces of gold, a step that could affect Switzerland, the largest gold refining center in the world. Crude oil prices fell to a two -month lower, as the expected talks between Trump and Russian President Vladimir Putin were raised the possibility of sanctions on Russia.
Market accurate today:
* US President Donald Trump threatened definitions as a weapon of multi -purpose foreign policy. With the date of Friday for Russia to agree to peace in Ukraine or to make oil customers face a secondary tariff, Trump found a novel, but it is fraught with risks, for his favorite trade tool.
On Thursday, Openai launched the GPT-5 artificial intelligence model, which is the latest expected batch of technology that helped transform global business and culture.
* The Political Cabinet in Israel approved an early plan on Friday to control Gaza City, as the country expanded its military operations despite the intensification of criticism at home and abroad for the devastating war that is nearly two years old.
* Britain’s ambition to liquidate its economy and benefit from the revolution of artificial intelligence faces the harsh reality of the abundant, clean and reliable electricity supplies, is unlikely to be achieved any time soon. Read the latest of the Roi Energy Ron BousSo column writer.
* US President Donald Trump has the so -called “Al -Braik” group directly at the intersections of his commercial war, as he slapped the superior definitions of imports from Brazil and India. But this symptom can write the opposite of the author of the return column on investment, Jimmy McGiv.
Today’s scheme:
The latest investigative study of the Federal Reserve Future in New York for domestic inflation expectations that the long -term prices have crawl up to the highest level since March, with views of more than a year, three and five years of about 3 % – a point higher than the target of inflation by 2 % in the Federal Reserve. However, the history of the survey shows that consumers’ views are attracted to these levels over the past decade even before increasing inflation after birth and during periods that actual inflation was much lower.
Weekend reads:
Trump victory?:
After a little more than six months of his second term in the White House and amidst the turbulence of huge economic policy, it seems that Trump gets what he wants without the polings on the economy. He says in the project union.
Data processing costs?:
Trump’s launch of the Labor Statistics Office raised questions about the political biased economic data to move forward. The colleague of the Council for Foreign Relations Ben Steel provides a glimpse of what studies show on the cost of manipulation of data elsewhere in the world.
China Trade European Union:
After the last European Central Bank blog on the impact of the height of Chinese imports on European inflation, the latest European Central Bank bulletin contains an article on how the Chinese import competition – this is partly due to the transfer of trade from well -known American markets – to European labor markets. Although the political and chemical sectors are already affected, they believe that the broader effects may extend to nearly a third of the job opportunities in the euro area.
Compensation “China shock”:
A professor of Munich University at Munich University is arguing at the Foxio column. To avoid the abolition of the painful manufacturing of America in the first decade of the twentieth century, she says, the entry of the Chinese market in Europe must be conditional on the formation of joint projects with European companies in order to retain global competitiveness.
Musk for Moody?:
The case of Elon Musk Court against the government of Indian Prime Minister Narendra Modi in the Karnataka Supreme Court is targeting the full basis for strict Internet control in India, and it is one of the largest rules of users in the Musk X. The pivotal battle between the richest person in the world and the world’s most crowded world.
Today’s events to watch
* Employment Report in Canada July (8:30 am EST)
* Federal Reserve Chairman Saint Louis Alberto Mususlim speaks; The chief economist in England Huo Bell speaks
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(Written by Mike Dolan; Edit by Sharon Singon)
