According to sources familiar with the matter, the interviews โ which continued through last Tuesday โ involved eleven candidates, each lasting about two hours, and were attended by Treasury official Hunter McMaster and advisor Francis Brown.
BESSENT HOLDS INTENSIVE INTERVIEWS WITH 11 CANDIDATES FOR FED CHAIR POSITION
The Financial Times reported that U.S. Treasury Secretary Scott Bessent has conducted a series of intensive interviews in recent weeks with potential candidates for the position of Federal Reserve Chair
๐กGold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the $4,000 level for the first time ever on economic and geopolitical uncertainties and hopes of further U.S. interest rate cuts this year.
โบOil prices were little changed on Thursday as investors weighed a ceasefire deal in Gaza that could ease geopolitical tensions in the Middle East against stalled peace talks in Ukraine that could sustain sanctions on Russia and curb its exports.
HSBC, Europeโs largest lender, has asked Hang Seng Bankโs board to put forward a privatization proposal to shareholders via a scheme of arrangement under Hong Kongโs Companies Ordinance.
๐ฌHang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion).
The deal, valued at several billion dollars, comes as part of a new bilateral agreement between Washington and Abu Dhabi aimed at strengthening cooperation in the field of artificial intelligence.
FIRST TECH DEAL UNDER TRUMP: NVIDIA AI CHIP EXPORTS TO THE UAE
The U.S. government has approved a deal to export artificial intelligence chips from Nvidia to the United Arab Emirates, marking the first agreement of its kind since President Donald Trump took office.
Gold's rush to record heights propelled by global anxieties
Anxieties over global geopolitical and economic risks are the biggest drivers pushing gold's 53% surge this year to a record over $4,000 an ounce, with analysts seeing little to halt the surge.
๐ GOLD EYES NEW ALL-TIME HIGHS! ๐
XAU/USD pushing above $3,980, showing strong bullish momentum after reclaiming key demand zones.
Next resistance: $4,014 ๐
Buyers remain in control โ are we about to see a new ATH? ๐โจ
#Gold#XAUUSD#Trading#Forex#Commodities#PriceAction
NEWYORK SESSION๐บ๐ธ
US30 Companies Are More Positive
USNAS100 Companies Are More Positive Negative 50/50
U.S Sectors Overall More Positive
Net Impact on U.S. Stocks๐ผ
According to sources familiar with the matter cited by Reuters, the company is expected to unveil an additional $5 billion investment in the coming weeks, on top of the amount already allocated earlier this year.
STELLANTIS PLANS $10 BILLION INVESTMENT IN THE UNITED STATES
European automaker Stellantis has announced plans to invest around $10 billion in its U.S. operations over the coming years, in a move aimed at strengthening its presence in the American market.
Lecornu, Franceโs fifth PM in less than two years, had his work cut out to convince the country โ and investors โ that he could unite a fractious and divided parliament enough to get a 2026 budget over the line.
FRANCEโS NEW PM RESIGNS, SPARKING FRESH POLITICAL CHAOS
Franceโs new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis.
๐ขS&P 500 CLOSES ABOVE 6,700 FOR FIRST TIME AS TRADERS BET ON SHORT-LIVED SHUTDOWN
The Nasdaq Composite rose 0.4% as well, while the Dow Jones Industrial Average traded up 96 points, or 0.2%. At its low of the day, the S&P 500 was down 0.5%.
๐ฅ One company vs an entire industry.
NVIDIAโs market cap: $4.6 trillion ๐
Combined market cap of Big Pharma (Lilly, J&J, Pfizer, Novartis, etc.): $4.2 trillion ๐
AI > Medicine? Or just a different kind of revolution.
#NVIDIA#BigPharma#AI#Markets#Investing#Tech
EUROPE MARKET๐ช๐บ
European Indices Close The (Friday) Session With Mixed:
DAX: Down by -0.18% ๐ฝ
CAC: Up by +0.31%๐ผ
FTSE: Up by +0.67%๐ผ
STOXX 600: Up by +0.5% ๐ผ
BEL20: Up by +0.24% ๐ผ