S&P and NASDAQ index close down near 1% Trump: DFC to provide political risk insurance and guarantees to all Maritime Trade Pres. Trump speaking from the White House: Felt strongly Iran was…
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…
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…
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…
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…
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,…
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…
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…
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…
