Fed, Treasury Credibility Questioned by Markets, Says Rabobank’s Foley

Braskem SA reached an agreement with its main creditors to pursue an out-of-court debt restructuring, according to newspaper O Estado de Sao Paulo.

The Canadian dollar was heading for its worst day against the US dollar in more than two months after trade talks between the two countries collapsed.

Job site Adzuna said the number of graduate vacancies was the lowest since 2016

Pakistan’s sovereign credit rating was upgraded by Moody’s rating as the country rebuilds its foreign exchange reserves and pushes ahead with economic reforms.

Scott Bessent says the US will sever all economic ties with the country and that any nation partnering with Iran financially will also be isolated.

The popular but often risky strategy is getting a boost as investors bet the dollar will weaken.