Gold surged to a fresh record above $3,800 per ounce as a weaker dollar and rising odds of a U.S. government shutdown drove safe-haven bids. The move underscores mounting risk aversion and could ripple across rates, mining shares and inflation expectations if fiscal uncertainty persists.
Source: SeekingAlpha All
Data blackout looms: BLS to halt operations if U.S. government shuts down
The Bureau of Labor Statistics said it will cease operations during a federal government shutdown, jeopardizing timely releases of crucial employment and other labor data. A prolonged pause would cloud visibility for investors and complicate the Fed’s policy calculus just as markets seek clarity on growth and inflation trends.
Source: SeekingAlpha All
Bank of Japan signals it’s ready to hike again; sees tariff hit as temporary
The Bank of Japan indicated a willingness to raise rates further, framing tariff-related weakness as a temporary drag on growth. The stance points to a gradual normalization path that could strengthen the yen and influence global yield dynamics as policy divergence with the U.S. narrows.
Source: SeekingAlpha All
Oil retreats on expected OPEC+ output increase and Kurdistan export restart
Crude prices fell as OPEC+ was seen likely to raise supply again and Kurdistan resumed oil flows to Turkey, easing tightness fears. Softer oil eases near-term inflation pressure but raises questions about producer discipline heading into year-end.
Source: SeekingAlpha All
SEC moves to fast-track Trump proposal to end quarterly reporting
SEC leadership is expediting a proposal to phase out quarterly corporate reporting, reviving debate over short-termism versus investor transparency. If adopted, the shift would be one of the biggest changes to U.S. disclosure in decades, altering how companies guide and how markets price risk.
Source: SeekingAlpha All
PG&E maps $73B capex plan through 2030 to power AI data center boom
PG&E outlined $73 billion in capital spending through 2030 to upgrade grid capacity and reliability amid surging power demand from data centers. The utility-scale buildout highlights how AI infrastructure is reshaping U.S. energy investment and load profiles.
Source: SeekingAlpha All
Visa pilots stablecoin pre-funding for Visa Direct cross-border payouts
Visa launched a stablecoin pilot for Visa Direct, enabling banks, remittance firms and enterprises to pre-fund cross-border transfers with digital dollars. The move brings mainstream payments a step closer to blockchain rails, aiming to cut costs and settlement times for global money movement.
Source: FinanceFeeds
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