Trump: DFC to provide political risk insurance and guarantees to all Maritime Trade
The price of crude oil has moved lower trading to $72.39. That was just below the 38.2% of the move up from the low last week at $72.49. Staying below that level…
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Pres. Trump speaking from the White House: Felt strongly Iran was going to attack first
We’re talking about some very big trade deals. We’re doing very well. Felt strongly Iran was going to attack first. Based on the way the talks were going. If anything, I might…
investingLive European FX news wrap: Day 4 of US-Iran war keeps markets in risk-off
Nasdaq stays under pressure amid lower growth and higher inflation fears on US-Iran war Inflation fears reemerge as markets digest higher energy prices from US-Iran conflict Will Iran really manage to fully…
Inflation fears reemerge as markets digest higher energy prices from US-Iran conflict
The reaction in the bond market to the US-Iran conflict is something that should warrant more attention. While traders are focused on the risk side of things and safety flows, it’d be…
Will Iran really manage to fully block the Strait of Hormuz?
On Monday evening, a commander from Iran’s Revolutionary Guard Corps declared that the Strait of Hormuz was “closed” and warned that any vessel attempting to pass through would be attacked. As expected,…
Italy February preliminary CPI +1.6% vs +1.1% y/y expected
Prior +1.0% HICP +1.6% vs +1.1% y/y expected Prior +1.0% Slight delay in the release by the source. That’s a sharp increase in price pressures and one that is also reflected in…
Eurozone February preliminary CPI +1.9% vs +1.7% y/y expected
Prior +1.7% Core CPI +2.4% vs +2.2% y/y expected Prior +2.2% Well, this sort of reading won’t do well to ease the nerves amid the US-Iran situation. Amid fears of a temporary…
Oil prices surge higher, looks to eclipse the opening gap up from yesterday
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…
US, China officials reportedly set to meet to lay the groundwork ahead of Trump-Xi summit
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…
US Central Command confirms strikes on Iranian missile and drone launch sites
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…
US Central Command confirms strikes on Iranian missile and drone launch sites
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…
Trump says he doesn’t think boots on the ground will be necessary in Iran
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…