Over 70 Hezbollah Sites Struck As Netanyahu Orders IDF To 'Intensify Blows' On Lebanon

Key Events This Week: Core PCE, Global PMIs, Micron Earnings And Fed Talk The main data highlights this week are the global flash PMIs tomorrow, and the US core PCE on Thursday. Elsewhere, other data of interest include the Ifo survey in Germany (Wednesday), Tokyo CPI in Japan (Friday), and CPI reports in Canada (today) and Australia (Wednesday). Also focus will be on the UK where Keir Starmer announced his resignation earlier today and attention will turn on succession planning.  After a hawkish FOMC last week with a clear shift in...

Biden Admin 'Invited' Fani Willis To Get Lucrative Grant While She Prosecuted Trump Authored by Luis Cornelio via Headline USA, The DOJ under the Biden administration “invited” disgraced Fulton County District Attorney Fani Willis to apply for a generous taxpayer-funded grant as she prosecuted President Donald Trump.  The arrangement came to light after Willis referenced the grant in December 2022 correspondence with DOJ Senior Advisor Scott Pestridge of the Office of Justice Programs.   The document was first revealed on Thursday by Just the News through open records requests filed by the outlet and nonprofit America First Legal.  According to Just the News, Willis referenced the Office of Justice Programs’...

Central Bank Gold Buying Rebounds In April From Dramatic March Selloff First the good news: according to the latest World Gold Council update, central banks, a key pillar of the bullish case for gold, have returned to adding holdings in April after notable selling in March sent the price of the precious metal tumbling. The 17 ton purchase represents a turnaround from steep sales in March, which at nearly 30 tons were the largest monthly gold sales in years, driven almost entirely by Turkey. Poland remained the top buyer in...