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Tuesday, September 30, 2025

American Market Recap: Fed's Goolsbee: It's still a pretty steady labor market

Tuesday, 30 Sep, 2025

Central Banks

Fed's Goolsbee: It's still a pretty steady labor market

I don't think these guys believe they're behind the curve, or are even particularly worried about it.

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Forex

The euro touches the best levels of the day

Last week's selloff is this week's rally. The euro struggled last week in a broad-based US dollar rally but it's the opposite so far this week as the market rethinks the theory around a US economic re

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News

More from Trump on pharmaceuticals: Other companies will be coming in over the next week

Other companies will be coming in over the next week. Says that Eli Lily has been fantastic On drug prices if they don't lower prices, we will put a tariff on them at the equivalent amount. On Pfizer,

News

USTR Greer: We are always going to trade with China . Need to find a comfortable place

USTR Greer is speaking and says: We are always going to trade with China, need to find a place where both countries are comfortable. China's reliance on export is not sustainable. I want to get to a p

News

Major European indices close higher

German DAX, +0.57% France's CAC +0.19% UK's FTSE 100 +0.54% Spain's Ibex +1.04% Italy's FTSE MIB +0.40% As London/European traders head for the exits, US stocks are trading lower in up-and-down tradin

News

Trump: Pfizer agreed to offer discounts and we're going to be paying the lowest prices.

Pfizer agreed to offer discounts and we are going to be paying the lowest prices. Other drugmakers will commit to in coming weeks We will be at most-favored-nation prices . The US has been subsidizing

News

OPEC dismisses misleading media reports regarding upcoming G8 meeting

Crude oil prices have spiked higher after OPEC posts on X that they: Dismiss media reports regarding upcoming G8 meetings The OPEC Secretariat firmly rejects recent media reports alleging that the Gro

Central Banks

BoE Deputy Gov Breeden: The path ahead is not assured. We face risks from both sides.

BOE Deputy Gov. Breeden is speaking and says: The path ahead is not assured. Indeed we face risks on both sides. Risks in holding policy to type for too long, could pull inflation below target.

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News

Trump: Will reduce prices by a 100% and in some cases more

Pres. Trump is on the wires saying: We will be reducing prices by 100% and in some cases more. Just to check my math, I asked ChatGPT what happens to prices if they are reduced by 100%. It's response:

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