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Futures Flat As Traders Brace For Weekend Iran Escalation
Futures Flat As Traders Brace For Weekend Iran Escalation
US equity futures are flat on the final trading session of the week, with Tech lagging, as traders hold off on big bets ahead of the weekend, with the fragile truce in the Middle East keeping geopolitical risk front of mind. Overnight, the US said Iran talks will continue, a positive step amid the recent escalation near the Strait of Hormuz (then again the market never reacted negatively to the latest strikes in the first place). As of 7:45am ET, S&P futures are...
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Chapter IV. Proposals for National Monetary Expansion
Before the Federal Reserve, before the greenback, American writers were already designing a managed national paper currency, and arguing it could be more stable than gold.
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JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
Authored by Zoltan Vardai via CoinTelegraph.com,
JPMorgan Chase ended a banking relationship with Polymarket over regulatory concerns, according to the Financial Times.
JPMorgan notified the prediction market platform in October 2025 that it needed to find a new bank, the Financial Times reported Friday, citing people familiar with the matter.
Polymarket now works with an unidentified lender.
Still, JPMorgan has maintained other ties with Polymarket. The bank is allegedly keen on a potential underwriting role should Polymarket attempt to go public.
Polymarket reportedly said that it continues to have a “close,...
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Aug 4, 2026 / Tyler Durden
Global Bond Market On Edge As Japanese Yields Soar After "Horrible" 10Y JGB Auction
Global Bond Market On Edge As Japanese Yields Soar After "Horrible" 10Y JGB Auction
While much of the market focus has fallen on the US long-end, which saw substantial pressure in the past week, sending 30Y yields to 5.27%, the highest level since 2007, it was Japan again which stole the show overnight. But first, recall that the primary tradeoff for the BOJ preventing it from raising rates and comfortably pushing up the yen without needing to spending tens of billions in massive interventions (whether individual or joint with the...
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