The world is dangerously close to a massive escalation in the Iran war, as Trump has threatened to strike Iran’s infrastructure, including energy, power and bridges. Iran has pledged to attack the…
The headline comes from Iran’s foreign ministry spokesperson in saying that Tehran has formulated its diplomatic response to the US but will only announce it in due time. We have to wait…
Tehran has received Pakistan’s proposal, it is being reviewed Will not accept deadlines or pressure to make a decision Iran will not reopen Strait of Hormuz Strait of Hormuz in exchange for…
This is not a one-sided war. Iran has shown it can still hit back. Iranian fire brought down a U.S. F-15E, an A-10 was also hit during the rescue effort, and the…
Trump posted this on Truth Social: With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A “GUSHER” FOR THE…
It’s the first Friday of the month and that means it’s time for non-farm payrolls. It’s a holiday today in much of the world and US stock and bond markets are closed,…
Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment % vs…
China’s services sector remains in expansion but is slowing, with domestic demand supporting growth while weak exports, falling employment and price discounting point to softer underlying momentum. Summary: China Services PMI eases…
Japan’s services sector remains in expansion but is losing a little momentum, with weaker demand growth, rising energy-driven costs, and sharply lower business confidence signalling a more uncertain outlook. Summary: Japan Services…
It’s a sparse agenda in Asia. Much of the region is out for the Good Friday holiday. But Japan is open. From Japan and China its Services PMIs. Earlier this week: Japan’s…
US initial jobless claims 202K vs 212K estimate US February trade balance -57.30 billion vs -61.00 billion expected Canada February trade balance -5.74B vs -2.25B expected Trump: The biggest bridge comes tumbling…
Baker Hughes weekly rig count data shows: Total rigs 548 vs 543 last Oil rigs 411 vs 409 last week Nat Gas 430 vs 427 last week. The price of crude oil…
