ZELENSKIY SAYS RUSSIA HIT SIX ENERGY FACILITIES IN UKRAINE ON MONDAY
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TRUMP DEFENDS RUSSIAN ENERGY DEAL, TARGETS EUROPEAN UNION
President Trump claims the European Union paid Russia $250 billion for energy, defending his own decision to ease restrictions on Russian diesel.
Trump accused the media of ignoring Europe's energy purchases and reiterated his βAmerica Firstβ position.
The $250 billion figure has not been independently verified.
(@WalterBloomberg)
President Trump claims the European Union paid Russia $250 billion for energy, defending his own decision to ease restrictions on Russian diesel.
Trump accused the media of ignoring Europe's energy purchases and reiterated his βAmerica Firstβ position.
The $250 billion figure has not been independently verified.
(@WalterBloomberg)
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IMF: OVER HALF OF TOKENIZED STOCK TRADING HAPPENS OUTSIDE U.S. MARKET HOURS
More than 50% of tokenized equity trading occurs outside regular U.S. market hours, according to the IMF.
The findings highlight growing global demand for 24/7 stock trading, allowing investors to react instantly to news even when traditional exchanges are closed.
Tokenization is turning round-the-clock market access into a competitive advantage.
Clarify the IMFβs specific finding
(@WalterBloomberg)
More than 50% of tokenized equity trading occurs outside regular U.S. market hours, according to the IMF.
The findings highlight growing global demand for 24/7 stock trading, allowing investors to react instantly to news even when traditional exchanges are closed.
Tokenization is turning round-the-clock market access into a competitive advantage.
Clarify the IMFβs specific finding
(@WalterBloomberg)
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*MEXICO'S SHEINBAUM SAYS THERE'S PROGRESS IN TRADE TALKS WITH US
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UK AND EU SET NOVEMBER 20 SUMMIT AS BREXIT RESET GAINS MOMENTUM
British Prime Minister Andy Burnham will meet EU leaders Ursula von der Leyen and Antonio Costa on November 20 to strengthen UK-EU relations.
The summit could advance cooperation on trade, energy markets, border controls and security.
Burnham has also raised the possibility of Britain eventually rejoining the EU, a decade after the Brexit vote.
(@WalterBloomberg)
British Prime Minister Andy Burnham will meet EU leaders Ursula von der Leyen and Antonio Costa on November 20 to strengthen UK-EU relations.
The summit could advance cooperation on trade, energy markets, border controls and security.
Burnham has also raised the possibility of Britain eventually rejoining the EU, a decade after the Brexit vote.
(@WalterBloomberg)
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USER REPORTS SHOW PROBLEMS WITH OPENAI: DOWNDETECTOR
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πDEMOCRATS POUR MILLIONS INTO OHIO SENATE RACE
Democrats are directing another $7 million into Ohio as Sherrod Brown leads Jon Husted by 6 points in the latest CNN/SSRS poll.
Kalshi traders price Brown at 59% versus Hustedβs 41%.
With over $430 million in expected ad spending, Ohio is becoming a major Senate battleground.
https://t.co/P2ay5qKSl3
(@WalterBloomberg)
Democrats are directing another $7 million into Ohio as Sherrod Brown leads Jon Husted by 6 points in the latest CNN/SSRS poll.
Kalshi traders price Brown at 59% versus Hustedβs 41%.
With over $430 million in expected ad spending, Ohio is becoming a major Senate battleground.
https://t.co/P2ay5qKSl3
(@WalterBloomberg)
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FITCH: FITCH'S BASE CASE IS THAT SOME FORM OF DURABLE DEAL TO REOPEN STRAIT OF HORMUZ WILL BE ACHIEVED IN 1Q27
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IRAN'S AMBASSADOR TO UK DENIES ANY IRANIAN ROLE IN SUSPECTED PLOT TARGETING RAF FAIRFORD AIR BASE IN BRITAIN - IRANIAN STATE NEWS AGENCY
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FED'S HAMMACK CALLS FOR MORE RATE HIKES AS INFLATION RISKS PERSIST
Cleveland Fed President Beth Hammack says U.S. interest rates need to rise further to bring inflation back toward the Fed's 2% target.
In an interview with Barron's, Hammack warned that current monetary policy is not restrictive enough, despite rising bond yields.
She favors smaller, more frequent rate hikes, but remains open on the timing of the next increase.
βMore tightness is needed in the economy.β
Hammack also warned that prolonged inflation could become embedded in consumer and business expectations, making it harder for the Fed to restore price stability.
(@WalterBloomberg)
Cleveland Fed President Beth Hammack says U.S. interest rates need to rise further to bring inflation back toward the Fed's 2% target.
In an interview with Barron's, Hammack warned that current monetary policy is not restrictive enough, despite rising bond yields.
She favors smaller, more frequent rate hikes, but remains open on the timing of the next increase.
βMore tightness is needed in the economy.β
Hammack also warned that prolonged inflation could become embedded in consumer and business expectations, making it harder for the Fed to restore price stability.
(@WalterBloomberg)
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*FED'S HAMMACK SAYS MORE MONETARY POLICY TIGHTENING NEEDED
*FED'S HAMMACK PREFERS SMALLER, MORE FREQUENT RATE MOVES
*FED'S HAMMACK SAYS CURRENT POLICY NOT RESTRICTIVE ENOUGH
*FED'S HAMMACK SAYS INFLATION RETURN TO TARGET TOO SLOW
*FED'S HAMMACK SEES RISK OF HIGH INFLATION BECOMING ENTRENCHED
*FED'S HAMMACK SAYS FIRMS PASSING HIGHER INPUT COSTS TO CUSTOMERS
(@WalterBloomberg)
*FED'S HAMMACK PREFERS SMALLER, MORE FREQUENT RATE MOVES
*FED'S HAMMACK SAYS CURRENT POLICY NOT RESTRICTIVE ENOUGH
*FED'S HAMMACK SAYS INFLATION RETURN TO TARGET TOO SLOW
*FED'S HAMMACK SEES RISK OF HIGH INFLATION BECOMING ENTRENCHED
*FED'S HAMMACK SAYS FIRMS PASSING HIGHER INPUT COSTS TO CUSTOMERS
(@WalterBloomberg)
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$META - MARK ZUCKERBERG SAYS META HAS REACHED AI βFRONTIERβ AND REJECTS CALLS FOR SLOWDOWN - FT
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META UNVEILS NEW AI MODEL TO CHALLENGE OPENAI AND ANTHROPIC
Meta ($META ) has launched Muse Wonder, a new AI model it claims competes with the world's most advanced systems.
Key developments:
πΈPerformance: Meta claims Muse Wonder outperforms rival OpenAI and Anthropic models on several benchmarks.
πΈCapabilities: Improved memory, reasoning and expertise in finance, health and law.
πΈPricing: Coming to Muse's $20 and $100 monthly subscription tiers.
πΈAdoption: Muse has reached nearly 9 million downloads, but growth is slowing and user retention trails ChatGPT.
Meta says the model will power its push into personal AI agents, intensifying competition with OpenAI, Google and Anthropic.
(@WalterBloomberg)
Meta ($META ) has launched Muse Wonder, a new AI model it claims competes with the world's most advanced systems.
Key developments:
πΈPerformance: Meta claims Muse Wonder outperforms rival OpenAI and Anthropic models on several benchmarks.
πΈCapabilities: Improved memory, reasoning and expertise in finance, health and law.
πΈPricing: Coming to Muse's $20 and $100 monthly subscription tiers.
πΈAdoption: Muse has reached nearly 9 million downloads, but growth is slowing and user retention trails ChatGPT.
Meta says the model will power its push into personal AI agents, intensifying competition with OpenAI, Google and Anthropic.
(@WalterBloomberg)
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π«π·FITCH WARNS FRANCE FACES POTENTIAL CREDIT RATING DOWNGRADE
Fitch Ratings warns that France's A+ credit rating is under pressure from rising government debt, weak economic growth and political instability.
France's proposed 2027 budget targets a deficit of 5% of GDP, but Fitch questions the government's ability to stabilize public finances.
Key risks:
πΈRising debt and borrowing costs
πΈWeak economic growth
πΈPolitical fragmentation complicating spending cuts
Fitch warns that failure to reduce debt could trigger a negative outlook, while a substantial further increase could lead to a credit rating downgrade.
France's current outlook remains stable.
(@WalterBloomberg)
Fitch Ratings warns that France's A+ credit rating is under pressure from rising government debt, weak economic growth and political instability.
France's proposed 2027 budget targets a deficit of 5% of GDP, but Fitch questions the government's ability to stabilize public finances.
Key risks:
πΈRising debt and borrowing costs
πΈWeak economic growth
πΈPolitical fragmentation complicating spending cuts
Fitch warns that failure to reduce debt could trigger a negative outlook, while a substantial further increase could lead to a credit rating downgrade.
France's current outlook remains stable.
(@WalterBloomberg)
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FED'S HAMMACK: TREASURY RATES RIGHT NOW ARE "MODEST" BY HISTORIC STANDARDS
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HAMMACK: IF THE ECONOMY WERE TO RETURN TO A 3% HOME MORTGAGE IT WOULD LIKELY MEAN SOMETHING HAD GONE WRONG IN THE ECONOMY
HAMMACK: THE NEUTRAL RATE IS LIKELY HIGHER BUT IT IS HARD TO PIN DOWN
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HAMMACK: THE NEUTRAL RATE IS LIKELY HIGHER BUT IT IS HARD TO PIN DOWN
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HAMMACK: HEARING "EARLY WARNING SIGNS" OF A POSSIBLE PROBLEM WITH INFLATION EXPECTATIONS
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HAMMACK: HIGHER INTEREST RATES WON'T DISSUADE HYPERSCALERS, BUT MIGHT INFLUENCE FIRMS IN OTHER INDUSTRIES
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HAMMACK: THE QUESTION FOR THE FED NOW IS HOW FAST TO MAKE POLICY MORE RESTRICTIVE
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