Trump’s Attempt to End the Iran War Infuriates the Uniparty

WTI Dips After Big Crude Inventory Build, US Production Slows Oil prices are down overnight but playing headline roulette with every word that comes out of any leaders' (or non-leaders') mouth as ceasefire chatter (now denied) has WTI riding a roller-coaster (but below $100 once again as we write). “Flows and actions matter more than words,” said Giovanni Staunovo, a commodity analyst at UBS Group AG. And while inventory data may not be the market-moving event in this new regime, it is useful to see signs of stockpiling or demand. DOE Crude +5.45mm (+10.3mm...

President Volodymyr Zelensky is concerned that a protracted conflict in the Middle East will limit the number of weapons that are provided by Western countries to Ukraine.  Zelensky informed reporters via WhatsApp on Monday that  a long war between the US and Iran “will certainly affect supplies.” “So far, everything is going as it was, […]

"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows China launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against brokers and ordering non-compliant accounts to be liquidated within two years, sparking a brutal selloff in three popular brokerages. As Bloomberg reports, the pushback came after the onshore markets closed Friday when eight regulators issued a joint statement vowing a campaign against these trades, sending US-listed Chinese stocks tumbling. The securities regulator said it planned to penalize brokerages Futu Holdings, Tiger Brokers...