Hezbollah Leader Vows to Confront Israeli Aggression as Strikes on Southern Lebanon Continue

Them's Fightin' Words By Benjamin Picton, Rabobank Senior Market Strategist Resigned Brent crude front-month futures are inching higher this morning after ending May down almost 20%. The May selloff has been courtesy of Mr Market’s Pavlovian response to fresh peace rumours, though it still remains the case that a deal has not been done and the Strait of Hormuz remains closed. US equity indices closed higher across the board on Friday, but Asian stocks are mixed in early trade today. The S&P500 has now had nine-consecutive positive weekly closes and is sitting at...

A new poll found that only 23% of Americans prefer President Donald Trump to continue the war against Iran.  A new AP poll found just 23% of Americans want the war to continue; the same number of respondents told pollsters they want Trump to end the conflict immediately. The most popular policy among Americans is […]

Super El Nino: Famine Follows War? Rory Green, TS Lombard's chief China economist, is the latest Wall Street strategist to warn of the mounting macro and food inflation risks that a super El Niño could release on certain regions of the world. In a note titled "Super El Niño: Famine Follows War?" Green warns that war-related disruptions to energy and fertilizer markets, compounded by adverse weather conditions, could create a perfect storm for global food prices. Green said, "In general, El Niño raises temperatures and significantly exacerbates both drought and heavy...