'Starmer Out' Odds (& Gilt Yields) Rise As Embattled UK PM Vows To 'Prove Doubters Wrong'

The US Justice Department is preparing to reactivate prize courts to “adjudicate the disposition of [Iranian] captured vessels and cargo.” Bloomberg reported speaking with an attorney working with the Justice Department on reviving the court. “Our national security interests may require the United States military to seize vessels or cargo supporting the enemy during military […]

An Interesting Divergence Is Emerging Between The Fed And Other Central Banks By Benjamin Picton, senior market strategist at Rabobank Circle Of Life Active Brent crude futures fell by almost 5% yesterday as the US extended its pause on striking Iran. Donald Trump had indicated that the lull was underway to give diplomacy another chance, claiming that the US was in “very deep talks” with Iran but that his patience for progress was short, saying “either it goes fast or not at all.” Brent has opened more than 3% higher this morning to...

The US, South Korea, and Japan kicked off five-day Freedom Edge war games in and around the Korean Peninsula. “The exercise will also incorporate multi-national maritime and aviation capabilities, and introduce enhanced air defense scenarios, medical evacuation training, and maritime interdiction operations,” a statement from Pacific Command (PACCOM) said. “Building on the foundation of Freedom […]