Financial Times
If the next phase of negotiations fails, Washington and Tehran could find themselves locked in an endless cycle of war
Bloomberg Markets
Amy Gower, Morgan Stanley Lead Metals & Mining Strategist, discussed the firm's house view on interest rates and its implications for gold. Morgan Stanley expects the Federal Reserve to keep rates on hold through 2026, contrasting with market expectations of approximately 1.6 rate hikes by year-end. Gower emphasized that the Fed's policy decisions will be crucial for gold's trajectory, particularly given the significant role of exchange traded funds (ETFs) in gold demand, which closely track Fed
Yahoo Finance
Bloomberg Markets
Any Group of Seven talks on currency valuations need to include China, according to European Central Bank President Christine Lagarde.
Bloomberg Markets
Federal Reserve Chairman Kevin Warsh’s commitment to lowering inflation bolsters the Fed’s credibility, supporting long-dated Treasury yields and a lower term-premium, according to Citadel Securities.
Bloomberg Markets
Randall Kroszner, University of Chicago Booth School of Business professor, and former Federal Reserve Governor, who worked with Alan Greenspan, says he got many calls right during his career, but the "one negative" needs to be acknowledged. Some say Greenspan policies contributed to the 2008 financial crisis. Kroszner speaks on "Bloomberg Open Interest." (Source: Bloomberg)
MarketWatch
Caterpillar is the hottest stock in the Dow this year, and now one of just two in the index with a price above $1,000.
Bloomberg Markets
A fire at a cold storage warehouse near downtown Los Angeles continued pumping fumes across Southern California five days after it ignited, prompting emergency declarations as air quality reached unhealthy levels.