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ForexForexLive

November US UMich prelim consumer sentiment 51.0 vs 48.0 expected

Prior was 46.3 Current conditions vs 48.0 expected Expectations vs 49.5 expected One-year inflation vs 4.7% prior Five-year inflation vs 3.5% prior The University of Michigan’s Surveys of Consumers is one of the oldest measures of US household sentiment but it's lost its lustre in financial markets due to readings that don't correspond with spending. The preliminary reading is released at 10 am…

CommodityOilPrice.com

Trump’s Iran Strategy Reaches a Critical Crossroads After Midterm Defeat

President Donald Trump spent the final weeks of the US midterm campaign predicting that the war with Iran would end "right after the election." With the votes now in, his Republican Party is reeling from losing both chambers of Congress in a rout that his own vice president blamed squarely on the conflict. "The reason we lost is the war," Vice President JD Vance wrote on X on November 4. Trump…

ForexForexLive

Iran responds positively to latest mediator proposal - report

Al-Arabiya cited an Iranian source who says that Iran is responding positively to the latest proposals presented by mediators. Now Tehran is waiting for practical steps from Washington to build trust. Oil is under pressure after this report and stocks are bid. The S&P 500 is up almost 1% and the Nasdaq nearly 2%. This article was written by Adam Button at investinglive.com.

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