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Live Updates

4

Jul 2025
Bessent anticipates at least 100 nations will implement a 10% reciprocal tax amid ongoing negotiations

About 100 countries aim to adopt a 10% minimum tax, though key negotiations remain uncertain.

4

Jul 2025
Baker Hughes reported a drop in oil rigs to 425, while crude oil prices decreased by 0.77%

Active rig count drops by 8; oil prices fall slightly but remain above key technical support levels.

4

Jul 2025
US stock indices rose, led by NASDAQ, amid solid jobs data and government hiring growth

Stocks rose as NASDAQ led gains; jobs data topped forecasts with payrolls up 147,000, unemployment 4.1%.

4

Jul 2025
The US dollar strengthens, with USD/JPY approaching daily highs amidst fluctuating euro and pound movements

The US dollar fluctuated post-payroll report; USD/JPY rose amid yield gains and stronger risk assets.

4

Jul 2025
Bessent expressed confidence in handling finances while commenting on tariffs, jobs, and upcoming events

Scott Bessent affirms tariffs aren’t inflationary, highlights trade shifts, job variability, and optimism on capital spending.

3

Jul 2025
Bessent doubts CBO forecasts, confident US GDP growth will outpace the deficit and anticipates tax vote

Bessent anticipates GDP growth outpacing the deficit; skeptical of CBO estimates; tax vote expected 1:30 PM.

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