There was a bit of profit-taking at the onset yesterday but given time to digest the Middle East situation, we’re starting to see oil prices surge higher again today. The jump on…
With all that is happening in the Middle East, let’s not forget that there is also an ongoing trade war between the US and the rest of the world. The Supreme Court…
The latest update from the US Central Command: “US forces have destroyed Islamic Revolutionary Guard Corps command and control facilities, Iranian air defense capabilities, missile and drone launch sites, and military airfields…
The latest update from the US Central Command: “US forces have destroyed Islamic Revolutionary Guard Corps command and control facilities, Iranian air defense capabilities, missile and drone launch sites, and military airfields…
The market is trying to suss out what the plan is for Iran. Yesterday there was an interview with John Bolton that emphasized that Trump is impulsive and likes to improvise. Trump…
Expected was +5.0% (some at 5.5%) Prior was -14.9% Private house approvals +1.1% vs +0.4% prior Building approvals +8.7% y/y vs +13.3% prior This is a sharp two-month drop in construction activity…
Prior was 2.6% Jobs-to-applicants ratio 1.18 vs 1.19 expected Prior ratio 1.19 Japan’s unemployment rate held at 2.6% for four consecutive months through December, up from 2.4% in June and a cycle…
New Zealand building consents rose 1.9% on a seasonally adjusted basis in January, clawing back some of December’s 4.5% decline. The monthly number is fine but the real story here is in…
S&P and NASDAQ indices erase war declines and close higher on the day Reports of disruptions in the Strait of Hormuz is sending oil prices back higher Trump; US continues to carry…
Iran refused to cease its pursuit of nuclear weapons Regime ballistic missile program was growing rapidly Would have soon had missiles capable of reaching America Ensuring they cannot obtain nuclear weapon Ensuring…
Iran refused to cease its pursuit of nuclear weapons Regime ballistic missile program was growing rapidly Would have soon had missiles capable of reaching America Ensuring they cannot obtain nuclear weapon Ensuring…
Prior month 52.6 ISM Manufacturing PMI 52.4 vs 51.8 estimate DETAILS: Manufacturing PMI®: 52.4 vs 52.6 last month New Orders: 55.8 vs 57.1 last month Production: 53.5 vs 55.9 last month Employment:…
