A new study including a senior Bank of England economist finds Brexit has cost the UK between 6% and 8% of GDP per capita over the past decade, translating to a loss of roughly Β£180β240 billion. The research suggests damages are nearly double previous official estimates. #Brexit #BankofEngland #FiatNews
A 28-point peace plan for Ukraine backed by Donald Trump, prepared by Steve Witkoff and Kirill Dmitriev, would require Ukraine to hold elections within 100 days, accept territorial concessions and bar future NATO membership β provisions that align with key Russian demands. #Ukraine #FiatNews
A federal appeals court judged most of President Trumpβs tariffs unlawful, and the Supreme Court has signalled likely confirmation. The Congressional Budget Office has trimmed its estimate of long-term fiscal savings from those tariffs by about $1 trillion, reducing projected budgetary benefits. #CBO #FiatNews
US payrolls for September beat expectations, but unemployment rose to 4.4%, the highest in over four years. Fed Governor Michael Barr warned that inflation remains around 3% versus the 2% goal and urged caution on further rate cuts, stressing the need to meet both parts of the Fedβs mandate. #Fed #FiatNews
Goldmanβs trading desk reports a rise in short positions across macro products including ETFs, baskets and futures, and flagged deteriorating liquidity. Depth at the top of the S&P 500 book fell below $5m versus a one-year average of $11.5m, which can amplify market moves. #Goldman #SP500 #FiatNews
Oracleβs heavy AI spending and tens of billions in borrowing have turned the company into a credit-market barometer: traders are buying credit-default swaps on Oracle amid concerns over its role in interconnected trades and weaker credit standing versus peers. #Oracle #Microsoft #FiatNews
Analyst house cut its recommendation on Moneta to βreduceβ while raising the target price to CZK 175 from CZK 155. The change signals a more cautious stance on the stock despite a higher valuation target. #Moneta #FiatNews
Despite an upbeat outlook from Nvidia, US markets closed sharply lower as fears of an AI bubble persisted. S&P 500 -1.58%, NASDAQ 100 -2.15%, Dow -0.84%; the sell-off has pushed the S&P toward its worst November since 2008. Asian and European markets opened weaker. #NVIDIA #AI #SP500 #NASDAQ100 #FiatNews
Wilson expects the Fed could cut rates 5β6 times next yearβmore than current market pricingβand argued the private sector needs lower rates. He said consensus expects corporate earnings to grow in the low double digits next year and added, "the economy isn't in a bad state, the biggest slowdown is behind us." #rates #stocks #FiatNews
Morgan Stanley strategist Mike Wilson said the end of the government shutdown is a relief for markets and highlighted a tension between market views and the Fed. He warned that "data are delayed and also not as reliable as before the pandemic," complicating Fed decision-making. #MorganStanley #Fed #FiatNews