Trump Considers Pulling Troops Out of Germany as Punishment for Merz’s Remarks on Iran

President Trump issued a profanity-laden post on Truth Social on Easter Sunday, where he yet again threatened to unleash “hell” on the country of Iran if the Strait of Hormuz isn’t opened. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open […]

US Core Manufacturing Orders Up For 3rd Straight Month In January After tumbling to end 2025, US Factory Orders were expected to rise very modestly in January and did so - up 0.1% MoM (as expected) with December's 0.7% decline revised up to a 0.4% decline... Source: Bloomberg Core Factory orders (es Transports) rose 0.4% MoM - slightly better than expected - and December's 0.4% MoM shift was revised up to a 0.6% MoM rise. This led core manufacturing orders to rise 1.39% YoY - the highest since July... Source: Bloomberg All the final...

Morgan Stanley: Oil Traders Are "More Precise" With Risk As Wars Drag On By Michael Kern of OilPrice.com Uncertainty about how the wars in Iran and Ukraine will unfold is keeping many traders away from taking positions in longer-dated futures contracts, according to Morgan Stanley. Most traders have now moved to bet on futures prices within a three to six-month period, instead of longer-dated futures contracts, as volatility has spiked and uncertainty has grown regarding where the wars are going and how much they would continue to impact the global oil market. “People...