"The World Is Losing Trust": Foreign Investment In Germany Plunges To Lowest Level Since 2009

Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over Markets are on the backfoot this morning with equity futures and macro credit under pressure, bond yields spiking, the USD higher, and oil jumping after President Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over calling it “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz. As of 8:00am, S&P 500 futures slid 0.7% and Nasdaq futures slumped 1% dragged...

US Intelligence Community Assessed That Massive US Attack 'Unlikely' To Oust Iranian Regime: WaPo Even a massive military assault on Iran is unlikely to topple the Islamic Republic of Iran and its state system, according to a classified assessment produced by the US intelligence community shortly before the US and Israel launched their current 'shock and awe-style' military campaign on Tehran. The Washington Post first reported it, perhaps based on some kind of leak or briefing by an anonymous intelligence official, and calls it— a sobering assessment as the Trump administration...

Putin Rejects Open Letter By Zelensky Urging Meet: 'Pointless' Russian President Vladimir Putin has responded dismissively to Ukrainian President Volodymyr Zelensky's open letter issued the day prior, which urged that the two leaders meet in order to finally forge a peace deal and bring an end to the war, now it its fifth year. Putin made clear Friday that he sees no point in holding a personal meeting with Zelensky. He was asked directly about the letter while attending the St. Petersburg International Economic Forum (SPIEF). In response the Russian leader addressed...