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Prior +0.1%; revised to +1.2% The drop here needs to be put into context a little more, as it comes after a major bump up in the December 2025 retail sales jump.…

There’s plenty to digest as we get the new week/month underway in trading today. The main story is that the US, alongside Israel, finally decided to launch military attacks against Iran. Reports…

BOJ’s Himino: GDP is tracking okay Trump floats lifting sanctions against a new Iranian regime Bolton warns Trump may not have thought past the trigger on Iran OPEC+ hiked oil production by…

When the market hears bombs, it buys bonds. Or at least that’s usually the case. This time, the market is weighing whether the war in Iran is inflationary due to the 4.5%…

I just finished writing up an interview with former Trump National Security Advisor John Bolton and he talked about how Trump “doesn’t do strategic thinking” and his latest comments to the New…

John Bolton gave a candid interview to Politico and it’s worth reading carefully if you’re trying to figure out what comes next for oil markets and geopolitical risk. The former National Security…

By now, everyone knows what’s happening as the US and Israel strike Iran. Here is the state of play one hour into futures trading: WTI crude up $5.37 to $72.40 (about 8%)…

Comments from Trump in a newly-released video: On Iran: We have hit hundreds of targets including Revolutionary Guard facilities, air defense systems and nine ships plus naval building On Iran: Combat operations…