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Giant Trump–Epstein Banner Unfurled Outside Windsor Castle Ahead of State Visit

  A giant photo of Donald Trump and Jeffrey Epstein is unfurled outside Windsor Castle ahead of the president's state visit to the U.K. A colossal photograph of U.S. President Donald Trump alongside convicted sex offender Jeffrey Epstein has been dramatically displayed on the lawn outside Windsor Castle, just hours before Trump’s arrival for his second state visit to the United Kingdom. The stunt was orchestrated by British protest group Everyone Hates Elon , which claims the 400-square-metre image — touted as the “world’s biggest Epstein photo” — was crowdfunded by donations from the public. The group said the banner was intended to ensure Trump could not “avoid the Epstein story” during his visit. The King is set to host Trump and First Lady Melania Trump at Windsor Castle for a ceremonial welcome and state banquet, with heightened security measures and protests expected throughout the week. This latest protest follows previous actions by the group, including placing similar ...
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Stocks Hit by Inflation Woes: ECB Meeting and Market Turbulence

 


Global markets are on edge as investors grapple with inflation concerns. Here’s a snapshot of recent events:

  1. ECB Meeting: Traders are closely monitoring the European Central Bank (ECB) meeting. Stubborn U.S. inflation numbers triggered a significant global market selloff, leaving Japan’s yen at a 34-year low. The ECB’s decision could set the tone for further market movements.

  2. U.S. Stocks: Futures for the Dow Jones Industrial Average and S&P 500 slipped around 0.3%, following a recent rout. The tech-heavy Nasdaq 100 also dipped about 0.2%. Investors are recalibrating expectations for Federal Reserve policy, with the market now pricing in just two rate cuts in 2024. Some analysts even speculate that no cuts or a hike may be possible, depending on economic data.

  3. Bond Yields: The 10-year Treasury yield steadied after surging to its highest level since November. The focus now shifts to the Producer Price Index reading to gauge wholesale inflation’s impact on Fed decisions.

  4. Oil Prices: Rising oil prices remain a headwind. Crude futures, near six-month highs, hover around $86 per barrel for West Texas Intermediate and above $90 for Brent. Geopolitical tensions, including concerns about a potential Iran-Israel conflict, contribute to the volatility.

  5. Corporate Earnings: As first-quarter corporate results trickle in, investors await updates from major banks like JPMorgan. High borrowing costs continue to be a concern, but positive earnings reports could provide momentum to stocks.

In this dynamic landscape, market participants keep a close eye on central bank actions, inflation data, and geopolitical developments. Buckle up for a roller-coaster ride as uncertainty prevails in the financial world.

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