Musalem Says Fed Rate Hike Probability 'Greater Than Zero' as Iran Energy Shock Keeps PCE at 3-Year High
TL;DR St. Louis Fed President Alberto Musalem said Thursday a rate hike may be necessary if inflation does not
Posts by Ulysses Cornelius
Risk Watch: Iran Draft Deal Lacks Leadership Sign-Off as CENTCOM Flags Violation, Stocks at Session Highs
TL;DR American and Iranian negotiators say they have a draft agreement to extend the ceasefire and gradually reopen the
US Stocks Rebound to Session Highs as Core PCE Cools and Iran Deal Nears
TL;DR * US stocks rebounded to session highs around midday Thursday even after the Federal Reserve's preferred inflation
BlackRock Bitcoin ETF Logs $528M Outflow as JPMorgan Flags Debasement Trade Retreat
TL;DR BlackRock's iShares Bitcoin Trust (IBIT) shed $527.84 million on Wednesday, the second-largest single-day outflow in
Snowflake Surges 35% on $6B AWS Deal, Nasdaq Hits Record: AI Software Rally Explained
TL;DR * Snowflake reported Q1 FY2027 revenue of $1.39 billion, up 33% year-over-year, beating estimates by $70 million, with
Iran 60-Day Ceasefire Deal Reached by Negotiators, Awaiting Trump Sign-Off: Oil Pulls Back, Gold Recovers
TL;DR * US and Iranian negotiators have reportedly agreed on a 60-day memorandum of understanding (MOU) to extend the existing
Drone Attacks Hit Three Black Sea Tankers as Dual Oil-Route Risk Builds: Brent Near $96
TL;DR * Three oil tankers were struck by drone attacks in the Black Sea on Thursday: the James II (Palau
April PCE Hits 3-Year High at 3.8% as Iran Strikes Resume: Oil at $97, Stocks and Bitcoin Slide
Two of the most consequential data points of the week landed within minutes of each other on Thursday morning: the
CFTC Moves to Drop Gemini Penalty as Samsung Bets $408M on Crypto
US crypto policy and institutional money sent two notable signals on the same day, even as Bitcoin slipped under pressure
Trump Dismisses Iran Deal, Futures Fall as PCE Data Looms: Oil Risk Watch
As of 6:45 a.m. ET on Thursday, May 28, President Trump dismissed a report that Washington was close