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Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement
Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement
Summary
US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports
WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and...
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Jul 9, 2026 / Tyler Durden
Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven
Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven
Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.
As the bank's trader Marcus Millis writes, "the move flushed out long exposure and left positioning looking more balanced, reducing the immediate risk of further forced selling."
However, he cautions, the broader trading backdrop remains challenging. That's because with front-end USD rates expected to stay...
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Jul 2, 2026 / Tyler Durden
US Nuclear Regulator Proposes Changes To Nuclear Safety Standards
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Authored by Jill McLaughlin via The Epoch Times,
A U.S. nuclear regulatory agency proposed sweeping reforms July 1 to modernize nuclear reactor licensing and safety practices, shifting away from a global radiation measurement standard after 50 years.
The cooling towers for units 4 (L) and 3 (R) are seen at Plant Vogtle, operated by Georgia Power Co., in east Georgia's Burke County near Waynesboro, Ga., on May 29, 2024. Arvin Temkar/Atlanta Journal-Constitution via AP, File
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Apr 22, 2026 / Tyler Durden
Duffy Seeking $10 Billion From Congress To Revamp Air Traffic Control System
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Authored by Aldgra Fredly via The Epoch Times,
U.S. Transportation Secretary Sean Duffy said on April 21 the department requires $10 billion in additional funding from Congress to overhaul the nation’s air traffic control with a new software system.
Duffy told Reuters in an interview that the additional funding would go toward developing new software aimed at improving the efficiency of air travel and reducing flight delays.
“This tool lets us see and then spread flights in a way that allows...
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