Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'

US Africa Command announced on Monday that its forces conducted another airstrike in Somalia on July 15 as the Trump administration continues its record-shattering bombing campaign in the country, which is ignored by US media. AFRICOM said that the attack targeted al-Shabaab and was launched about 62 miles north of the southern port city of […]

BMW Job Cuts And The Emerging German-French Industrial Strategy Submitted by Thomas Kolbe Will German policy paralysis and French protectionism save Germany’s automakers? Unlikely, since Paris and Berlin are pursuing similar ideological goals. Everything points toward the expansion of a green state-run economy. On that, there is agreement. The concerns of private enterprise are secondary. Given the dramatic situation, automakers would probably take even the most hopeless escape route in an attempt to escape the downward spiral. This has now also caught up with the previously remarkably resilient BMW Group: Just last...

Speaking Loudly And Leaning On A Big Schtick By Michael Every of Rabobank Yesterday saw the regular schtick where the Middle East situation remains worrying, but markets reacted to more positive narratives. After four crew and two rescuers were killed in a Houthi Red Sea attack on a ship and the US struck another in the Gulf of Oman’ trying to break its Iran blockade; Iran said Hormuz will stay closed unless the US meets its over-reach conditions; Trump doubled down on economic warfare vs Tehran because he thinks it’s “bleeding...