US Futures Drop Ahead Of Payrolls With Most Markets Closed

February Net Trailer Orders Down 43% As Bookings Fall 26% Preliminary February net trailer orders fell by about 10,000 units from January’s 23,300, a 43% month-over-month decline, according to TheTrucker.com. “Sequentially, a drop in net orders was expected, as the industry transitions from the strongest to the weakest order months of the annual cycle,” said Jennifer McNealy, director CV market research & publications at ACT Research. “Trailer makers now will begin to take fewer orders and start to work down the backlog that grew during the peak of order season at the...

US Navy Surveillance Plane Made Provocative Flight Over Taiwan Strait, Weeks Before Trump-Xi Summit With the world's attention hyper-focused on fast-paced events in Iran and the effectively shuttered vital oil transit hub, the Hormuz Strait, some significant things were also happening around Taiwan this past week. The US military confirmed that a P-8A Poseidon anti-submarine patrol aircraft transited the Taiwan Strait on Wednesday, a move that predictably drew Beijing's attention. US Navy China said it monitored the US Navy aircraft as it passed through the narrow waterway separating Taiwan from mainland China. "By operating within...

The US is striking targets in Iran in an effort to give President Donald Trump more military options to escalate the conflict.  Three US officials explained to Reuters that the current strikes against Iran are “shaping operations” meant to provide Trump with further options to escalate the conflict. The article did not discuss which options […]