Japan's Landmark Vote Reclassifies Bitcoin And Crypto As Financial Assets

High-profile protests over the Israel-Lebanon framework agreement reached late last month were initially dismissed by officials as primarily Hezbollah playing a spoiler, but substantial political opposition continues over what is being termed an “unenforceable” and potentially unconstitutional agreement. Hezbollah leader Naim Qassem is now predicting that framework agreement will totally fail to get parliamentary support, […]

ADP Employment Report Shows 12th Straight Month Of Job Gains With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs. The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains... Source: Bloomberg Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes... Interestingly, only the Natural Resources...

Munich Security Conference A 'Circus' - Iran Says After Exiled Shah's Son Invited The Munich Security Conference, once regarded as a heavyweight diplomatic forum, has devolved into a spectacle that favors "performance over substance," Iranian Foreign Minister Abbas Araghchi complained after his country was snubbed. Organizers barred senior Iranian officials from attending this year's gathering after deadly protests and unrest shook the country last month, threatening the stability of the Islamic Republic. Tehran has lashed out: "Sad to see the usually serious Munich Security Conference turned into the ‘Munich Circus’ when it...