Submitted May 30, 2026|From a16zcrypto.com|3 comments

Prediction markets, which allow people to trade on event outcomes, entered the U.S. at scale last year and are now being used to track everything from geopolitics to entertainment award winners. But what are they? As an economist who has long ...

Submitted May 30, 2026|From aljazeera.com|3 comments

The administration of United States President Donald Trump wants to increase the percentage of regionally produced content in North American-built vehicles to qualify for preferential treatment under the US-Mexico-Canada Agreement (USMCA) on trade ...

Submitted May 30, 2026|From exchangerates.org.uk

The Euro to Pound (EUR/GBP) exchange rate traded at 0.8663 on Friday, close to the middle of its 2026 trading range after Sterling surrendered some of its spring gains. The pair touched lows near 0.8620 earlier this month but remains below February ...

Submitted May 30, 2026|From zerohedge.com

Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President ...

Submitted May 30, 2026|From economics.bmo.com

Like the rest of the world, Canada’s economy has faced shock after shock in recent years. Now, with the rule-of-thumb conditions for a recession met, the combination of the oil price spike and trade uncertainty is revealing cracks under the surface. ...

Submitted May 30, 2026|From brecorder.com

Gold prices in Pakistan increased on Saturday in line with their gain in the international market. In the local market, gold price per tola reached Rs476,162 after a jump of Rs1,300 during the day. Similarly, 10-gram gold was sold at Rs408,232 after ...

Submitted May 30, 2026|From economics.bmo.com|1 comment

Consumer spending appears increasingly fragile, propped up by record-high equity markets and soaring household wealth, even as persistent inflation erodes real incomes and personal savings. A resilient labor market may not be sufficient for ...

Submitted May 30, 2026|From vtmarkets.com|1 comment

US Commodity Futures Trading Commission data showed net non-commercial gold positions easing to 154.3k from 159.8k in the previous period. The move points to a modest reduction in speculative length as the reporting week progressed. The latest ...

Submitted May 30, 2026|From economics.bmo.com|2 comments

Ask the all-knowing keeper of economic fact (i.e., Copilot) the definition of a recession, and it’ll tell you that it’s “often described as two consecutive quarters of declining real GDP”. Press it further, and you’ll get a more comprehensive set of ...

Submitted May 30, 2026|From politico.com

JPMorgan Chase CEO Jamie Dimon said on Friday that banks “will not accept” the current form of a landmark crypto bill, which could be voted on in the coming weeks, and publicly attacked Coinbase CEO Brian Armstrong, who is broadly seen as the leader ...

Submitted May 30, 2026|From thegoldforecast.com

The past three months in the gold market have been among the most dramatic in recent memory. Having climbed to an all-time record high of $5,595 per troy ounce on January 29, 2026, gold subsequently entered a sharp corrective phase, shedding close ...

Submitted May 30, 2026|From youtube.com/cnbctelevision|1 comment

CNBC's Steve Liesman joins 'Squawk Box' to discuss the impact of higher gasoline prices on spending.

Submitted May 30, 2026|From bondeconomics.substack.com

Bond vigilantes are a popular topic in financial media. Part of this is that most people find government bonds boring, and they would rather read about equities, which can have more exciting returns as well as more interesting company and sector ...

Submitted May 30, 2026|From woodmac.com|4 comments

The now twice extended ceasefire between the US and Iran and ongoing talks towards peace give hope that the war ends soon. If a sustainable agreement is finally reached – and as we write it’s still a big if – it could lead swiftly to the reopening ...

Submitted May 30, 2026|From decrypt.co

The CFTC gave Coinbase a green light to offer crypto perpetual futures on Friday, setting the stage for the U.S. exchange to soon begin connecting its customers to the lucrative and highly risky offshore market. Coinbase is now effectively permitted ...

Submitted May 30, 2026|From oilprice.com|15 comments

Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks ...

Submitted May 30, 2026|From ironfxcn.com|4 comments

Understanding institutional order flow is crucial for any serious forex trader. These massive trades from banks, hedge funds, and financial institutions move the market in ways that retail traders must recognise and respect. In this article, we’ll ...

Submitted May 30, 2026|From financefeeds.com

Texas is seeking a custody and liquidity provider to transition its $10 million Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust ETF into directly held coins, according to a state procurement document posted May 7 and highlighted in ...

Submitted May 30, 2026|From morningstar.com|21 comments

Hope is building that the U.S. and Iran will soon announce a concrete peace deal, reducing geopolitical tensions and improving oil flow though the Strait of Hormuz. Some observers, such as Nomura's cross-asset strategist Charlie McElligott, think ...

Submitted May 30, 2026|From channelnewsasia.com

Artificial intelligence can significantly boost Italy's weak labour productivity, the country's central bank governor Fabio Panetta said on Friday. • Panetta was speaking at the Bank of Italy's annual assembly. • He said under a slow-adoption ...