Bessent warns disorderly yen moves can destabilize global markets
U.S. Treasury Secretary Scott Bessent warned that disorderly moves in the yen could force unwinds of positions that destabilize global…
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New Fed Chair Kevin Warsh Rejects Wage-Driven Inflation Ahead of September Rate Decision
Fed Chair Kevin Warsh used his first Jackson Hole speech to reject the idea that rising wages drive inflation, pointing…
Iran Reports 25-35% Trade Drop as Khamenei Calls to Reduce Dollar Reliance
Iranian President Masoud Pezeshkian says the country's trade has fallen 25% to 35% under U.S. sanctions and a naval blockade,…
Alex Gerko earns record £895 million from XTX Markets in 2025
Alex Gerko, founder of London-based market maker XTX Markets, earned a record £895 million from the firm's 2025 trading profits,…
Warsh’s Hawkish Jackson Hole Speech Lifts Dollar, Pushes Fed Hike Odds to 57%
Kevin Warsh's first Jackson Hole speech as Fed Chair pushed September rate-hike odds to 57% and lifted the Dollar Index…
