@coinbureau This is bigger than just France. If Japanese capital keeps coming home, the unwind of the yen-funded carry trade could ripple across global bond and risk markets
🚨JUST OUT: U.S. ISM Manufacturing came in at 54.5 in September. BELOW 55.0 expected and close to 54.6 previously.
A reading above 50 means U.S. factory activity is still GROWING.
Together with cooler PCE inflation and low jobless claims, the data shows the economy is still holding up.
But prices paid jumped to 77.9, showing inflation pressure is STILL present.
The latest print also SUPPORT the Fed having the 'room to ease', but may not need to move too fast.
🇺🇸🇸🇦BREAKING: President Trump pulls back from striking Yemen’s Houthis at the LAST minute after calling for strikes last week, per NYT.
After receiving another call from Saudi Crown Prince Mohammed bin Salman on Thursday seeking for the U.S to intervene, Trump changed his initial position and instructed the Pentagon to prepare for an attack.
By Sunday, commanders had approved target lists, bombs were being loaded onto U.S. aircraft selected for the missions, and the first wave of strikes was reportedly close to beginning. Then Trump reversed course again.
The New York Times also reports that much of Trump’s inner circle remains skeptical of military action against the Houthis.
A California couple could face years in federal prison after prosecutors say they forged a federal judge's signature in an attempt to get their four children back.
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Authorities accuse Alan Cadena and LayCee Sprouse of submitting fake court paperwork after the Department of Public Social Services removed the children over allegations of neglect and drug abuse concerns.
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The documents were filed as part of a federal civil rights lawsuit, but the judge later confirmed she never issued the purported order.
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If convicted, both face up to five years behind bars. Prosecutors say Cadena also violated federal immigration laws.