DAILYCALLER (Jack McGeever) - Scott Bessent Declares Himself ‘The House,’ Dares Traders To Bet Against His Yen Gambit
The Treasury sold euros and bought yen as the Japanese currency hovered near a 40-year low.
NYTIMES (Gregory Schmidt) - Bond Yields Jump and Stocks Slip as Iran Stalemate Unsettles Investors
The yield on the 30-year U.S. Treasury bond rose to its highest level in nearly 20 years.
YOUTUBE (Fox Business) - Middle East tension REMAINS a source of market volatility: Crossmark Global Investments CEO
Crossmark Global Investments CEO Bob Doll discusses whether investors should trim risk in a volatile stock market amid rising Treasury yields and geopolitical tension on ‘The Claman Countdown.’ #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #theclamancountdown #bobdoll #crossmarkglobalinvestments #stockmarket #markets #investing #investors #treasuryyields #bonds #marketvolatility #riskassets #middleeast #geopolitics #economy #wallstreet
HUFFPOST - Oil Prices Set For Weekly Rise On Middle East Escalation
Traders jittery over worsening disruption to energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran.
YOUTUBE (NewsNation) - Could Kalshi's new election hub influence midterm results?
Users have already spent more than $200 million on midterm bets since the prediction market's launch, which tracks who traders believe will control the House and Senate. The markets have accurately predicted elections in the past and can react to breaking news faster than a poll. Meanwhile, some states have blocked the platform and warned voters against its use. NewsNation's Anna Kooiman reports. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
NYTIMES (Eric Lipton and David Yaffe-Bellany) - Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
NYTIMES (The New York Times) - Stocks Decline on Fed Decision, and Oil Is Muted Amid Peace Deal Talks
Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
NYTIMES (Ryan Mac) - SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering
Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
NYTIMES (Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Ian Mount) - How Powell Just Complicated Trump’s Fed Plans
Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
NYTIMES (Victor Mather) - What Are Prediction Markets, and Why Are They Causing Controversy?
The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat.