President Trump issued a direct warning to 17 pharmaceutical companies, demanding that they stop inflating U.S. drug prices relative to other developed nations. The letter references a recent Executive Order focused on delivering Most-Favored-Nation (MFN) drug pricing to Americans, especially for Medicaid and newly launched drugs. The administration insists that American families should benefit from … Read more
The US 30-yr mortgage rates dip to 6.72%, offering slight relief amid high home prices & borrowing costs. Sales slump continues to rate last week was 6.74%. The high for the year was at 7.04%. The low for the year was at 6.62%. This article was written by Greg Michalowski at investinglive.com. fbs.mobi
The initial growth estimate for Q3 GDP is out from the Atlanta Fed. The 2nd quarter GDP was released yesterday at 3.0%. The Atlanta Fed did pretty good with their estimate at 2.9%.Their model seems to be the gold standard. The market economists were forecasting 2.4%. In the initial growth estimate for Q3, they see … Read more
The USDCAD is on track for its sixth consecutive day of gains, with the rally lifting the pair from the July 23 low of 1.3575 to today’s high of 1.3853—a move of approximately 278 pips. Yesterday, the pair broke out of a two-month consolidation range with a decisive move above the June high at 1.37955, … Read more
The major US stock indices are opening higher with the NASDAQ index leading the way. The gains are led by the Microsoft and meta after the earnings yesterday. Meta shares are up close to 11%. Microsoft shares are up 6.70% volatile trading. Shares of Nvidia are up 1.81%. Looking at the major indices: Dow industrial … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
, This article was written by Justin Low at investinglive.com. fbs.mobi
Fundamental Overview The upside for the S&P 500 has been supported all along by the lack of bearish drivers. In fact, Trump continues to get trade deals in the 10-20% range, which is widely expected and priced in by now, and the economic data has been showing a rebounding economy following the tariff-induced weakness in … Read more
Prior +1.8% CPI Y/Y +1.7% vs +1.5% expected Prior +1.7% Coupled with the lower than expected Eurozone unemployment rate, it just reaffirms the ECB’s wait and see stance. All else being equal, the ECB is done with the easing cycle already and the next move could actually be a rate hike, potentially in 2026. This … Read more
B2BROKER, a global fintech company offering advanced solutions for financial institutions, announces the integration of its advanced B2COPY investment platform with the Nullpoint Technologies CRM system designed for Forex brokers. Now the functionality of B2COPY is available to Nullpoint users directly from their personal аrеа, which greatly simplifies the process of copy trading and account … Read more
