Fed’s Thomas Barkin said the Fed remains committed to bringing inflation back to its 2% target, suggesting policy may need to stay tight if inflationary pressures persist.
At the same time, Barkin described the U.S. labor market as being in a “weak balance,” with low hiring and low firing. He also said he sees no significant wage inflation, while corporate earnings remain…
NFP and Unemployment Data Take Center Stage
Investors are closely watching today’s U.S. Non-Farm Payrolls (NFP) and Unemployment Rate reports, two of the Federal Reserve’s most important economic indicators. The results could significantly influence…
U.S. President Donald Trump said the situation with Iran is progressing positively, stating that “Things are moving along very nicely.”
His comments indicate that diplomatic discussions are continuing, though no final agreement has been reached.
Meanwhile, Iran has…
U.S. Treasury Secretary Scott Bessent said there is a possibility that an agreement to restore “freedom of movement” through the Strait of Hormuz could be reached as early as Tuesday or Wednesday. However, he emphasized that negotiations are still ongoing and…
Gold, Stocks, and Bitcoin Await Key Economic Data Amid Global Uncertainty.
August 4, 2026
July Ends Without a Clear Market Trend
Gold, the S&P 500, and Bitcoin spent most of July trading within well-defined ranges, reflecting uncertainty among investors. Despite several market-moving events, neither bulls nor bears were able to establish a lasting trend as…
Federal Reserve official John Williams said the Fed remains fully committed to bringing inflation back to its 2% target and will take further action if price pressures fail to move in the right direction.
Williams expects inflation to continue easing in the second half of…
U.S. President Donald Trump said he has canceled a planned military attack on Iran after both sides reached agreement on the basic framework of a potential deal.
According to Trump, the agreement outlines key terms aimed at reducing tensions, though negotiations are still…
Trump Media has launched a new paid data service called Truth API, giving subscribers faster access to posts published on Truth Social, including those from President Donald Trump.
The service is designed for businesses and financial firms that rely on real-time…
Two Federal Reserve officials who voted in favor of raising interest rates at the July FOMC meeting have defended their decision, arguing that immediate action is necessary to keep inflation under control.
Although the Federal Reserve ultimately voted to leave rates…
Tensions in the Middle East escalated after Iran claimed it launched attacks on U.S. military bases in Kuwait and Bahrain. Shortly afterward, Egypt reported that a drone struck two ships at the Mediterranean port of Damietta.
The incident marks the first reported attack…