Key Events This Week: Central Banks Galore, PPI, And The War In Iran

Bolsonaro Leads As Brazil Election Heads Toward Runoff; Traders Brace For Monday Volatility Summary:  Datafolha Says Election Headed For Runoff  Right-Wing Bolsonaro Leads Socialist Lula Polling closed at 4 pm local time  Brazil Votes In Tight Presidential Election With South America's Future On The Line Bolsonaro Leads But Headed For Election Runoff  Brazil's presidential election is headed for a runoff on Oct. 25. Right-wing Senator Flávio Bolsonaro held about 47.8% of the vote against President Luiz Inácio Lula da Silva's 44.2%, with roughly 92.3% of ballots counted. Paulo Abreu, founding partner and portfolio manager at Rio de Janeiro-based...

The State Department announced on Wednesday that it approved a potential $1.96 billion weapons sale for Saudi Arabia, just days after Riyadh bombed the Sanaa International Airport in Yemen, shattering a fragile truce with Ansar Allah, also known as the Houthis, that had held relatively well since 2022. The arms sale includes up to 20,000 […]

US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country Almonty Industries is positioning itself to "become the leading Western producer of tungsten," potentially as early as 2027, as Western buyers confront a severe supply shortage sparked by China and, more broadly, what we've described as "resource nationalism." Bloomberg reports that Almonty has partnered with Rwanda's government, securing a foothold in Africa's largest tungsten-producing nation. The deal aims to accelerate access to existing production and develop a traceable, conflict-free supply chain for Western governments, reducing dependence on China's quasi-monopolistic market...