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Latest Financial News

Xlence is kicking things off in style! Partnering with Bundesliga Club 1. FSV Mainz 05.

Xlence has officially announced a strategic sponsorship agreement with German Bundesliga club 1. FSV Mainz 05, becoming its Official Internationalization Partner. The partnership marks a significant step in Xlence's international growth strategy, strengthening its brand presence and creating new opportunities to engage with even broader audiences.The agreement brings together the online trading brand and an…

DraftKings Raises Predictions Investment to $650M–$700M as DKeX Gross Take Rate Reaches 11.1%

DraftKings is expanding a prediction market business from the client app to the exchange, even as the investment is set to absorb most of the Adjusted EBITDA expected from its established operations this year.DraftKings has increased its expected 2026 Adjusted EBITDA investment in Predictions to between $650 million and $700 million, sharply reducing its group…

November US UMich prelim consumer sentiment 51.0 vs 48.0 expected

Prior was 46.3Current conditions vs 48.0 expectedExpectations vs 49.5 expectedOne-year inflation vs 4.7% priorFive-year inflation vs 3.5% priorThe University of Michigan’s Surveys of Consumers is one of the oldest measures of US household sentiment but it's lost its lustre in financial markets due to readings that don't correspond with spending. The preliminary reading is released…
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Our Latest Daily Chop

The Blue Wave, the Trump Landslide and the $100 Barrel of Oil 

The Democrats have taken control of both chambers of Congress, delivering a major political defeat to Donald Trump. But what does the result mean for the US economy and financial markets? Max examines the weaker dollar, rising gold prices, falling Treasury yields and oil hovering around $100 as investors assess what a Democratic Congress could mean for Trump's policies, the Iran conflict and the next two years of American politics.
Donald Trump facing a Democratic-controlled Congress after the 2026 US midterm results, with falling dollar and rising gold prices symbolising the impact on financial markets.

Butts, Beer and Butterscotch Shitler: The top 10 weirdest moments of the US Midterms 

American politics has officially entered the circus. From a Democrat admitting to three beers before a fiery interview and an AI-generated Kendrick Lamar performance to bizarre campaign adverts, $250 hecklers and Trump's extraordinary fascination with politicians' backsides, the 2026 US midterms have delivered some unforgettable moments. Max counts down the ten strangest incidents from a campaign that has been anything but ordinary. Laugh now, because tomorrow the markets get serious.
Donald Trump surrounded by bizarre political campaign moments in a satirical editorial cartoon depicting the 2026 US midterms as an American political circus.

4 days to go: Where the midterms actually stand. 

Four days before America's 2026 midterm elections, Democrats hold a clear national polling advantage while Republicans face growing pressure to defend Congress. From Trump's increasingly bizarre campaign rallies and fundraising warnings to the battle for the House and Senate, here's where the election actually stands, what could happen next and why financial markets are watching Washington, oil prices and the US dollar.
Editorial cartoon depicting Donald Trump facing the 2026 US midterm elections, with Democrats and Republicans competing for control of Congress, the White House and financial markets in the background.

America First. Trump Firster. 

America First—or Trump First? Learn about Donald Trump’s growing business empire, from cryptocurrency ventures and foreign property deals to presidential access and market-moving announcements. The question is not simply whether the deals are legal, but whether a sitting president’s private financial interests can ever be separated from public duty.
Editorial cartoon depicting Donald Trump balancing his presidency with his personal business empire, cryptocurrency ventures and foreign business deals, highlighting questions about conflicts of interest.
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