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  • US: Congress close to deal before breaking for holiday, reports say

    From bbc.com

    US President Joe Biden and top Republican Kevin McCarthy appear to be inching closer to an agreement over the US debt ceiling - even as Congress breaks up for a holiday weekend. The pair are trying to reach a deal on raising the US borrowing limit so the government can keep paying its bills. Investors' fears of the US defaulting on its debts have grown - despite assurances that talks are progressing. Mr Biden spoke of "several productive conversations" with Mr McCarthy. During a White House event on Thursday, the president said his staff remained in conversation with the team of Mr McCarthy, the House speaker - ... (full story)

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    Chancellor comfortable with recession if it brings down inflation

    From news.sky.com|May 26, 2023|2 comments

    video Jeremy Hunt has told Sky News he is comfortable with Britain being plunged into recession if that's what it takes to bring down inflation. The chancellor said that he ...

    Natural Gas (NATGAS/USD) Price Technical Analysis for May 26, 2023

    From fxdailyreport.com|May 26, 2023

    Natural gas fell through the neckline of its head and shoulders pattern to signal that a reversal from the uptrend is underway. Price could fall by the same height as the chart ...

    German economy in recession after high prices take toll, revised figures reveal

    From theguardian.com|May 26, 2023|4 comments

    Germany has entered a recession, revised official figures have revealed, after high prices took a bigger toll on the country’s economy than originally estimated. Data from the ...

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    OPEC Credibility On The Line With Talk Of More "Ouching"

    From zerohedge.com|May 26, 2023

    Saudi Arabia’s energy minister has warned speculators to “watch out” - an implied threat to cut production again to drive prices higher when ministers from the expanded OPEC⁺ ...

    Costs of electricity generation: System costs matter

    From dbresearch.com|May 26, 2023

    Ahead of the phase-out of nuclear energy in Germany, the costs of electricity generation were debated again. Often, however, no distinction is made as to which specific costs are ...

    US oil and gas companies learn to live with higher standards

    From woodmac.com|May 26, 2023

    The standard shorthand for political allegiances in the US divides the country into red (Republican) and blue (Democratic) states, but those designations are fluid. Ohio, a state ...

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  • Posted: May 26, 2023 3:30am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 2,133
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