Category: Uncategorized

Oil settles lower on Friday but climbs $2 on the week

The US House is voting on the budget bill

Baker Hughes oil rig count -7 to 425

Bessent: Expect to see about 100 countries get minimum 10% reciprocal tax

Atlanta Fed Q2 GDPNow 2.6% vs 2.5% prior

Kremlin: Putin said Russia ready to keep talking on Ukraine

US dollar firms again. USD/JPY nears the best levels of the day

Bessent: Does not believe CBO estimates. Is sure the US will grow faster than deficit

European indices close higher

US Deputy Treasury Secretary: The problem with Japan is nontariff barriers

Bessent: I’ll leave the rockets to Elon, he can leave the finances to me

IMF:U.S. tax/spending bill would add to fiscal deficit, runs counter to reducing deficit