All right, why don't we start with your word of the day. It's Smoresus board. What What are you seeing out there.Hey, listen. I could barely sleep last night. There's something for everyone this week.It's the biggest week of earnings and we've got everything across the board from an economic perspective. You've got growth data, you've got inflation data, you've got jobs reports, and by the way, Frank, we also have a Fed meeting today with a very exciting potentially uh postgame presser. So, big week board f ...

know, the, the usual suspects are, you know, crowing about about that. The fed is set to issue its latest monetary policy decision this afternoon. Joining us now, Mark Cabana head of U.S. Rates strategy at Bank of America Securities.Fed guidance gets criticized a lot. We just had Kevin Warsh on not too long ago, and there are a lot of people that say, why do we need to know every waking thought. But we do know every waking thought as a result of that, I guess you're not expecting any major surprises today, ...

The prices of many common purchases are rising, with tariffs lifting the cost of items from shoes to toys. https://t.co/ePv64Unj6i ...

Pakistan’s central bank held its benchmark interest rate steady for a second consecutive meeting, choosing caution amid rising inflation risks and lingering tariff uncertainty https://t.co/oemPw6UaZc ...

QCP noted that Bitcoin continues to trade in the $116K–$120K range, while Ethereum’s momentum is weakening around $4K. The market may be showing signs of fatigue as prices fail to respond to positive news in the short term, and the outlook for Q3 will largely depend on U.S. inflation and employment data.https://t.co/p7SqoE14Fg ...

Wage Growth & Inflation - Euro zone wage growth is projected to decelerate significantly at the start of next year [1] - The ECB's efforts have successfully brought inflation under control [1]

Core Insights - Adidas shares declined by 8.3% following the announcement of a significant financial impact from U.S. tariffs, estimating a hit of 200 million euros ($231 million) in the second half of the year [1] - The company expressed concerns about potential risks to consumer demand due to inflation triggered by tariffs, while maintaining its full-year guidance amidst elevated uncertainty [2] - Despite challenges, Adidas reported a 2% year-on-year increase in second-quarter revenues, totaling 5.95 billion euros, although this fell short of analyst expectations [3] Financial Impact - The anticipated cost increase from tariffs could reach 200 million euros ($231 million) in the latter half of the year [1] - The company reported a negative currency impact of 300 million euros on revenues [3] - Operating profit for the second quarter rose by 58% year-on-year to 546 million euros, exceeding forecasts of 518 million euros [3] Sales Performance - Second-quarter sales growth was noted at 2% year-on-year, with the U.S. market experiencing the weakest growth [3] - Full-year currency-neutral sales are expected to increase at a high-single digit rate, with operating profit projected between 1.7 billion euros and 1.8 billion euros [2]

Core Insights - The article discusses the current sentiment and positioning of funds in the U.S. precious metals futures market, highlighting a shift towards net long positions in gold and silver while palladium remains in a prolonged net short position [1][2][8]. Group 1: Fund Positioning in Precious Metals - As of last Tuesday, net long positions in U.S. precious metals futures have increased due to a reduction in short positions, with gold reaching a net long of 531 tons, the highest in 16 weeks, and silver at 7,039 tons, the highest in three weeks [2][7]. - The gold fund's long positions increased by 15% week-on-week, while short positions decreased by 3%, indicating a strong bullish sentiment [7]. - The palladium fund remains in a net short position of 8 tons, marking the highest level of net short positions in 38 weeks, and has been in a net short position for 134 consecutive weeks [8]. Group 2: Economic Indicators and Market Sentiment - Recent improvements in U.S. economic indicators, such as employment data and consumer confidence, have led to a rise in risk appetite among investors, favoring investments in silver, platinum, and digital currencies [2][27]. - The market currently estimates a 34.5% chance that the Federal Reserve will maintain interest rates at the upcoming meeting on September 17, with expectations of potential rate cuts later in the year [24][27]. - The article notes that inflation data is beginning to rise, which could complicate the Fed's decision-making process regarding interest rates [27][30]. Group 3: Market Trends and Predictions - The gold price has accumulated a 30.7% increase year-to-date, while silver prices have risen by 36.0% during the same period [7][11]. - The article highlights a significant divergence in performance between gold and silver, with the gold-to-silver ratio indicating market sentiment, currently at 87.465, reflecting a high level of risk aversion [22][23]. - The article suggests that if gold prices continue to rise while mining stocks decline, it may signal caution for investors [21].

We are now less than 24 hours away from the big FOMC meeting and this is going to be an event that definitely does impact the markets. Now, we have been patiently waiting for this because again when we think about what the Fed does next, it could definitely have big significant effects on the markets just like every other FOMC meeting that we've uh gone through. But the main thing here is that everyone is dead set on us getting rate cuts.Now, I'm going to go over a lot of information in this video. I'm goin ...

Australia’s core inflation cooled in the three months through June, strengthening the case for the Reserve Bank to ease monetary policy as early as August https://t.co/d0TZJBmntH ...