Israel Dubs Ethnic Cleansing in Gaza the ‘Free Movement Plan’

Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge Futures are lower amid fresh underperformance of tech. If the premarket weakness persists, the S&P 500 is set to break a historic weekly run of gains as the AI trade takes another leg lower this time driven by the cartoonish Kospi index, with investors also expecting payrolls data to affirm that interest rates will stay higher for longer (full payrolls preview here). As of 8:00am ET, S&P futures are down 0.5% while Nasdaq futures slide 1% as chipmakers fall and big tech stocks are lower too, following on from...

Israeli forces continue to be active south of the Yellow Line established last week in Lebanon, destroying villages and building up a command structure to support an open ended military occupation of that territory. The IDF is said to envision not only occupying the southern-most “buffer zone” inside Lebanon, but also to create what Israeli […]

India Caps Fuel Sales To Avoid Shortages Submitted by Irina Slav of OilPrice.com India has imposed limits on gasoline and diesel sales at retail fuel stations to avoid supply crunches, with commercial consumers banned from buying any fuel from retail stations, Bloomberg reported, noting there will be daily limits on diesel sales. The diesel cap was set at 200 litres per vehicle or customer, with resale of the fuel forbidden, Reuters noted in a report on the news. Commercial users, meanwhile, will have to get their fuels from bulk sellers after their...