US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days

The ultra-hawkish US Senator Lindsey Graham (R-SC) declared in an interview on Monday that he will be with Israel “until our dying day,” as he is urging the US and Israel to continue pursuing regime change in Iran. “I believe with all my heart and soul, if the regime in Iran still stands when this […]

Israel Bombs Deep Into Lebanon For First Time Of 3-Week Ceasefire There's supposed to be a 3-week Lebanon ceasefire in effect, but that increasingly appears something merely on paper or in name only, as Israel has stepped up and expanded its attacks on Lebanon - now for the first time of the ceasefire including strikes on the far away Beqaa Valley. "The IDF says it has launched a wave of airstrikes against Hezbollah infrastructure in the Beqaa Valley and several areas of southern Lebanon," Israeli media confirms Monday. "The strikes come...

Key Events This Week: Core PCE, Global PMIs, Micron Earnings And Fed Talk The main data highlights this week are the global flash PMIs tomorrow, and the US core PCE on Thursday. Elsewhere, other data of interest include the Ifo survey in Germany (Wednesday), Tokyo CPI in Japan (Friday), and CPI reports in Canada (today) and Australia (Wednesday). Also focus will be on the UK where Keir Starmer announced his resignation earlier today and attention will turn on succession planning.  After a hawkish FOMC last week with a clear shift in...