Russia Warns NATO Leaders To 'Stop & Think' Before Leading World To Catastrophic Confrontation

Wednesday saw Israel continuing to attack towns and villages across southern Lebanon, wounding several people in strikes on Mansouri, Beit Yahoun, and Zawtar al-Sharqiyeh. Such strikes are effectively a daily occurrence in those areas. That’s particularly true of Mansouri, which is adjacent to one of the “pilot zones,” and where the growing escalation of Israeli […]

An Iranian military official said on Sunday that Iran would expand its attacks in the region if the US restarts airstrikes against the Islamic Republic, which have been halted for two days following 13 consecutive nights of the US bombing the country. “I believe that if the Americans once again fall for the Zionists’ deception, […]

Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank's trader Marcus Millis writes, "the move flushed out long exposure and left positioning looking more balanced, reducing the immediate risk of further forced selling." However, he cautions, the broader trading backdrop remains challenging. That's because with front-end USD rates expected to stay...