As expected, the ECB cut its three main rates by 25bps for a 7th consecutive time (deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.25%, 2.40% and 2.65% respectively). Of note, for the first time this easing cycle the central bank dropped the word “restrictive” from the statement. Reuters reported […]

As US equity markets continue to fall – and recession calls mount from establishment elites, despite strong ‘hard’ data’ – President Trump lashed out at Fed Chair Powell via TruthSocial this morning exclaiming that Powell’s termination from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already […]

US equity futures have bounced back from yesterday’s rout, following positive signals from initial US-Japan trade talks after President Donald Trump said there was “big progress” to strike a deal fueling optimism over trade negotiations. Still, as of 8:00am they are well off their highs after DJIA heavyweight member UnitedHealthcare plunged 20% after slashing outlook […]

Tokyo led Asian stocks overnight after President Trump shared optimism on social media about promising Japan-US trade talks.  Main equity indexes  Around 6 pm Wednesday, Trump wrote on Truth Social: “A Great Honor to have just met with the Japanese Delegation on Trade. Big Progress!”  Then, as the clock neared 10 pm, the president posted this […]

Listing service Bright MLS summed up Washington, D.C.’s housing market in one troubling line: “Supply is towering over last year.” That’s been the trend for the last few months, with active listings well above multi-year averages for this time of the year. Add in the latest surge in mortgage rates—on top of mounting DOGE-related layoffs, now numbering in […]

Authored by Charles Kennedy via ilPrice.com, Russia plans to double its natural gas exports by 2030 and triple them by 2050. The strategy focuses on expanding exports to “friendly countries” and developing Arctic energy resources. Russia faces economic risks due to global market volatility and Western sanctions. Russia expects its natural gas exports, including via […]

In a new note out this week, Deutsche Bank laid out how it believes auto OEMs are going to shift their businesses to adapt to tariffs.  Deutsche Bank reports that automakers (OEMs) are adopting a wide range of strategies to navigate the uncertainty—adjusting pricing, incentives, and production plans on a rolling basis. The situation remains […]

Authored by Kenin M. Spivak via RealClearWorld, In March of 2025, President Donald Trump imposed a 25% tariff on imports of steel, aluminum, automobiles, and certain automobile parts. European Union (E.U.) members, except Hungary, announced retaliatory tariffs of 10% to 25% on specific U.S. imports. On April 2, Trump proclaimed, “Liberation Day” and added a […]

Ukraine’s parliament on Wednesday voted to extend martial law and military mobilization for another three months, in a nearly unanimous 357-1 vote which though fully expected, presents yet another obstacle for peace with Russia. These wartime measures will continue until at least August 6, when another extension vote is likely. This means that there will be […]

Authored by Steve Watson via Modernity.news, One of Britain’s largest police forces is mandating “equity training” for officers, focusing on “white privilege”, “micro-aggressions” and the distinction between “non-racist versus anti-racist.” The Telegraph reports that Thames Valley Police is putting officers through the training despite a tribunal last year finding that the force positively discriminated against white officers. As […]