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Futures, Yields And Oil All Rise As Trump Arrives In China
Futures, Yields And Oil All Rise As Trump Arrives In China
US equity futures are up (alongside oil and yields, go figure), reversing yesterday's modest losses, as optimism around the earnings potential of AI outweighs concerns over hot inflation readings bringing dip buyers back to drive tech stocks higher, with traders betting that the tech rally has further room to run while also hoping on good news from the Trump-Xi summit set to start today in Beijing. As of 7:30am ET, S&P futures were up 0.2% and Nasdaq futures rose...
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Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite
Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite
By Michael Kern of OilPrice.com
Commercial shipping through the Strait of Hormuz is once again off-limits in the near term as the renewed hostilities and threats to vessels led to another spike in risks of transiting the key tanker and container shipping lane, according to Masahiro Okafuji, chair of the Japan Foreign Trade Council.
“No one would go there, because it’s dangerous,” Okafuji told a media conference on Wednesday, as carried by Bloomberg.
Renewed re-routing of the shipping lanes around the Cape of Good...
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Jun 19, 2026 / Frank Shostak
Why the US President Loves “Inflation”?
The president has declared that he loves inflation. What economic fallacies is he likely adopting that leads to this conclusion?
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