International Finance

Trump Says Iran Will Accept Weapons Inspections; Micron-Anthropic Deal; Oil Drilling Deposit Cut; Quantum Strategy

1. Trump Says Iran Will Accept Weapons Inspections 2. Micron and Anthropic Reach Strategic Cooperation and Supply Agreement 3. Trump Administration Cuts Oil Drilling Deposit by 95% 4. Trump Administration Intensifies Quantum Strategy Overnight Markets On Monday, U.S. stocks closed mixed. The Dow Jones Industrial Average rose 0.29%, the Nasdaq Composite fell 1.33%, and the

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Jim Paulsen Warns of Up to 20% Pullback in US Stocks Amid Accumulating Warning Signals

Jim Paulsen, Chief Investment Strategist at Leuthold Group, has issued a warning that unfavorable warning signals are accumulating in the U.S. stock market, with expectations of a potential pullback of up to 20% in the near term. The six signals mentioned in the report include tightening economic policy, oil prices having peaked, declining consumer confidence,

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Wall Street Shifts: BofA and Deutsche Bank Now Predict Fed Rate Hikes in 2025

In response to a more hawkish-than-expected Federal Reserve, more major Wall Street banks are capitulating and being forced to change their stances. Bank of America and Deutsche Bank now both expect the Fed to raise interest rates this year. BofA projects three rate hikes this year, which is currently the most aggressive hike expectation among

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Canada Unveils First National Nuclear Energy Strategy to Revive Civilian Nuclear Development

Canadian Minister of Energy and Natural Resources, Tim Hodgson, has unveiled the country’s first national nuclear energy strategy, aimed at revitalizing civilian nuclear development. The strategy aligns with the national electricity strategy and is composed of four pillars: advancing new nuclear power projects, positioning Canada as a global nuclear supplier and exporter, expanding uranium production

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Goldman Sachs Cuts US Recession Probability to 15% on Iran Talks and Labor Market Resilience

Goldman Sachs has lowered its 12-month US recession probability from 25% to 15%, citing progress in US-Iran negotiations and improved labor market conditions. The bank also raised its US GDP growth forecast for the second half of the year to 2%, driven by lower natural gas prices and the ongoing AI boom. June 23 –

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