The Heart of a Fighter

"Make A Deal Before It's Too Late": Trump Threatens Tehran (Again) As Iran/Oman Draft Protocol To Re-Open Hormuz Summary World's most important oil price hits record high as Trump threatens Iran: "make a deal before it's too late" Oil drops on reports of Iran-Oman coordination to reopen strait. Iran issues Israel/Gulf logistics hubs target list; IRGC targets Amazon Cloud computing center in Bahrain US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT Highest bridge in Iran, connecting Tehran...

Futures Slide After Bond Yields, Oil Prices Jump Around The Globe Futures are lower, but off their overnight lows as markets focus on soaring global yields after US/Iran talk progress remains stalled (but at least armed hostilities did not resume contrary to some speculation). Yields also spiked on rising oil prices, concerns of an extra budget in Japan and continued political chaos in the UK. As of 7:00am ET, S&P futures are -0.5%, while Nasdaq futures drop 0.3%; semis are bid, Mag7 are mostly lower ex-NVDA which reports earnings this...

Is Trump Secretly Pushing For A Deal When Iran's President Arrives In NY By Benjamin Picton, Senior Market Strategist at Rabobank  All The News That Is Not Fit To Price Political and geopolitical developments again stole the headlines over the weekend, with attendant market implications. Active European gasoil futures are lower this morning despite news that Ukraine had launched a “massive” drone attack against Moscow that had damaged a major refinery. Brent crude oil prices are also lower despite news that Donald Trump had cut short a trip to Camp David to...