EUR/USD
1.19001
-0.105%
Gold
5030.31
-0.551%
Oil
64.327
0.076%
USD/JPY
154.331
-0.997%
GBP/USD
1.36609
-0.253%
GBP/JPY
210.833
-1.236%
Real-time News
U.S. Senate Republican Leader Thune: To avoid a government shutdown, transitional measures will likely be needed regarding the Department of Homeland Security.February 10th - According to two sources directly familiar with the matter, two Saudi Arabian companies and three U.S. companies plan to form a consortium to conduct oil and gas exploration and energy production in northeastern Syria. The sources indicated that Baker Hughes Oilfield Services (BKR.O), Hunter Energy, and Argent LNG plan to partner with Saudi renewable energy giants ACWA Power and TAQA Geothermal Energy on the project, which will cover approximately four to five exploration blocks in the northeast. This would be the latest in a series of major business deals in the Syrian economy since the overthrow of former Syrian President Bashar al-Assad a year ago and the lifting of the toughest U.S. sanctions last December.US business inventories rose 0.1% month-on-month in November, below the expected 0.2% and the previous reading of 0.30%.On February 10th, Goldman Sachs CEO Solomon stated in an interview that the US economy is likely to achieve strong growth this year. "The overall macroeconomic environment is very favorable," he said. Solomon pointed out several factors that could continue to drive economic growth, including strong fiscal stimulus, deregulation, and potential populist actions by President Trump as the midterm elections approach. However, Solomon also warned that trade, inflation, and geopolitical issues may remain lingering concerns for investors.U.S. Treasury Secretary Bessant: The Federal Reserve, under Kevin Warshs leadership, will also remain vigilant to ensure that policy timing is not mismatched.
