Market News
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy
Agencies issue joint statement on handling of highly sensitive information during bank examinations
Philip R. Lane: Outlook for the euro area economy
ECB wage tracker at 2.7% in Q1 2027, indicating stable negotiated wage pressures
But Trump’s coercion could force Modi’s Hand.
After the Iran war, the region has no good options.
“Unthreatening and respectful.” That is how the president of the United States described North Korea on Aug. 16, 2026, in his social media post ordering his secretary of defense to scale back joint exercises with South Korea. Two years earlier in Seoul, the U.S.-South Korean alliance agreed that Sou