Trump & Netanyahu: Who’s the boss? Maybe we’ll find out

"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows China launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against brokers and ordering non-compliant accounts to be liquidated within two years, sparking a brutal selloff in three popular brokerages. As Bloomberg reports, the pushback came after the onshore markets closed Friday when eight regulators issued a joint statement vowing a campaign against these trades, sending US-listed Chinese stocks tumbling. The securities regulator said it planned to penalize brokerages Futu Holdings, Tiger Brokers...

WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal. Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%. Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing...

Israeli National Security Minister Itamar Ben-Gvir fueled international condemnation with his calls over that weekend for all of Lebanon to “burn,” with the European Union declaring such rhetoric to be “unacceptable.” Unsurprisingly, Ben-Gvir continued to make statements likely to garner such attention, as on Monday he not only demanded that the government reject any call […]