Iran Warns Window for Diplomacy Is Rapidly Closing

Watch: Trump Spars With 'Treasonous' NYT Reporter On Iran War Coverage Friday saw a wild exchange play out between President Trump and a member of the media aboard Air Force One as it made its way back from China. The New York Times' David Sanger pointed out that Trump's Operation Epic Fury did not result in political transition in Iran, but that the same Islamic Republic theocratic government is in charge. Sanger in essence questioned whether there was actually 'total victory' as Trump and his officials have repeatedly claimed. A visibly...

Israeli attacks killed Palestinians across Gaza on Wednesday, including a senior police official, as the IDF continues its constant violations of the US-backed ceasefire deal. Palestinian medics told Reuters that Naseem al-Kalazani, a colonel in Gaza’s police force, was killed by an Israeli strike that targeted his vehicle in the al-Mawasi tent camp west of […]

B200s Or B-2s? By Bas van Geffen, senior macro strategist of Rabobank Concerns about the Middle East continued to dictate markets yesterday. The Strait of Hormuz remains closed, and there were no signs that this will change soon. Oil prices rose further. Dated Brent jumped 5% on the day to top $111. Alongside the rise in benchmark energy prices, yields increased too. 10y US Treasury yields closed around 5bp higher, and 10y German Bund yields rose 6bp to 3.1%, dragging broader EUR yields up. Equities struggled. European bourses closed around 1.5% lower,...