US initial claims 213K vs 215K estimate US January trade balance -54.5B vs -66.6B expected US housing starts for January 1.487M versus 1.348M estimate Israel may launch a ground campaign in Lebanon…
Iran’s UN envoy, comments reported via Reuters: We are not going to close Strait of Hormuz but it is our right to preserve ‘peace and security’ in the waterway Oil implications (should…
Iran appears to be preparing a ground invasion in Lebanon to fight Hezbollah. Is it possible they want to tone things down with Iran before embarking on it? Comments from Netanyahu in…
Reports from the Israeli Broadcasting Authority indicate the Security Cabinet is convening this evening to debate a significant expansion of ground operations in Lebanon. The move follows a week of intensifying friction…
High-yield 4.871% WI level at the time of the auction 4.878% Tail -0.7 basis points versus 6 month average of +0.2 basis points bid to cover 2.45X versus 6 month average of…
European equities finished the session broadly lower, with Spain’s Ibex leading the declines. The selling pressure was fairly widespread across the region as risk sentiment remained cautious. Despite the drop today, the…
The Iran’s Foreign Minister spokesperson says that many ships can still as through the Strait of Hormuz if they coordinate with the Iranian Navy. The conciliatory comments came after a Iran top…
In the opening days of the Iran war, there was something of a shock in markets but then markets settled into the idea that it would be a temporary disruption, with oil…
WTI crude oil is now up 10% and has risen above the highs from Asian trading. Britain’s Defence Secretary says “it’s clear Iran is likely laying mines” in the Strait of Hormuz.…
Prior month housing starts 1.387M Housing starts for January 1.487M vs 1.348M last month Building permits 1.376M vs 1.410M estimate Prior month 1.455M Housing Completions for January: Housing completions (Jan): 1.527M annual…
Prior was -1.30B Exports 62.48B vs 65.55B prior Imports 66.13B vs 66.85B prior Canada’s merchandise exports decreased 4.7%, while imports were down 1.1%. The 4.7% decline is the largest percentage decline since…
Prior was 213K (revised to 214K) initial jobless claims 213K vs vs 215K est 4 week moving average 212K vs 216K last week Continuing claims 1.850M vs 1.850M expected Prior 1.868M revised…
