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Phillips 66: Russia's Distillate Fuel Supply Is Insufficient To Have A Substantial Impact On The Global Market
Israeli Airstrikes Have Caused Numerous Palestinian Casualties In Several Locations In The Gaza Strip
Fitch Ratings: Some Frontier Markets Are Affected By High Oil Prices, But Other Markets Benefit From Them
The Greek Deputy Finance Minister Stated That The Tax Increase On Banks Is Intended To Avoid Impacting Their Capital Adequacy Ratios
Italy's Deputy Minister Of Economy: Raising Taxes On Banks Is Aimed At Avoiding Impacting Capital Adequacy Ratios
Italy's Deputy Minister Of Economy Stated That Italy Has Raised Corporate Income Taxes For Banks, Insurance Companies, And Energy Groups Under The IRES And IRAP Programs To Fund The Budget
Italian Prime Minister Meloni Ruled Out The Possibility Of Legal Problems Arising From Increased Revenue For Financial Companies Due To The Budget
Hezbollah Secretary General: It Is Not Important To US Who Is In Power In The Israeli Occupation, But They Must Understand That The Occupation Cannot Continue And They Should Withdraw From Our Land
U.S. Energy Secretary Wright: Diesel Exports From The Arabian Gulf May Increase. Diesel Prices Will Fall Sharply
U.S. Energy Secretary Wright: Russia Can Only Benefit From Diesel Engine Exports If The Conflict Ends
Italian Prime Minister Meloni: Italy Plans To Levy €700 Million From Energy Companies And Another €700 Million From The Gaming Industry
Fitch Ratings: Bank Of America Is Better Prepared To Absorb Unrealized Losses As Interest Rates Rise
Italian Prime Minister Meloni: Italy Plans To Raise Approximately €5 Billion From Banks And Insurance Companies To Increase The Tax On Financial Transactions
Italian Prime Minister Meloni: The Budget Of Approximately 5 Billion Euros Will Be Funded By Banks
A Senior U.S. Diplomatic Official Said Trump Remains Determined To Completely Eliminate Iran’s Military Nuclear Program And The Military Threat To The Strait Of Hormuz And Iran’s Neighbors
A Senior U.S. Diplomatic Official Said That The Strikes Against Iran Do Not Depend On Israel's Political Process
Russian Presidential Press Secretary Dmitry Peskov Stated That The Humanitarian Operation In Alexandrovka Is Scheduled To Take Place In The Coming Days, And Russia Hopes There Will Be No Provocative Actions
The Yield On Canadian 2-year Government Bonds Rose 7.2 Basis Points To 3.441%, The Highest Level Since August 2024

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British Chancellor of the Exchequer John Healy presented his first annual budget to Parliament since taking office.
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The number of Americans filing for jobless benefits for the first time decline from 210k (upwardly revised from 200k) to 209k (slightly above the 205k exp), but remaining near those multi-decade lows and showing no signs of labor market stress. Unadjusted claims plunged as the seasonal pain ebbed away...
The number of Americans filing for jobless benefits for the first time decline from 210k (upwardly revised from 200k) to 209k (slightly above the 205k exp), but remaining near those multi-decade lows and showing no signs of labor market stress. Unadjusted claims plunged as the seasonal pain ebbed away...
Even more impressively, continuing jobless claims tumbled to 1.827 million Americans - the lowest since Sept 2024...
All of which confirms Powell's labor market "stabilization" view.
So with jobless claims data showing a 'strong and improving' labor market, while The Conference Board showing a labor market signals 'jobs are hard to get'...
...is this a classic indicator of the 'no fire, no hire' economy?
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