Trading Day: Another lull, but fireworks are coming

Spanish minister optimistic on ’fair’ US-EU trade deal after meeting Bessent

Spanish Economy Minister Cuerpo is optimistic about a fair trade deal between the U.S. and EU after a meeting with Treasury Secretary Bessent, amid recent tariff tensions.

Brazil sees worsening debt outlook despite rising primary surplus targets

Brazil projects rising gross debt despite fiscal surplus targets, facing skepticism on budget realism, and concerns over high interest rates and mandatory spending amid upcoming elections.

Bond strategists expect US yields to fall despite tariff turmoil

U.S. Treasury yields are expected to fall due to economic slowdown linked to tariffs, despite rising inflation concerns. Strategists predict interest rate cuts by the Federal Reserve.

DOGE staffer appointed as acting head of US State Dept foreign assistance office

Jeremy Lewin appointed acting head of foreign assistance at State Department, as Trump administration continues dismantling USAID, threatening global humanitarian efforts.

Global wine output and demand fall to lowest in decades

Global wine production and consumption hit historic lows in 2024 due to extreme weather, inflation, and changing consumer behavior, while tariffs and rising prices pose further challenges.

Will Ripple’s rally continue? – XRP eyes $2.4 after 20% weekly gain

XRP's price surged 20.7% in a week, with analysts predicting a rise to $2.4 amidst bullish sentiment and favorable market conditions.

Stablecoins: THESE overlooked realities could reshape banking- Here’s why

White House: Trump wants Harvard to apologize

President Trump demands an apology from Harvard for anti-Semitism, while the university rejects demands that it sees as compromising its independence.

Trump has not made a decision on raising the corporate tax rate

Trump has not decided on raising the corporate tax rate for funding other tax cuts, according to Press Secretary Karoline Leavitt.