Top Israeli Minister: 'Best For Us' If US Fights Iran While Israel Sits Out New Round of War

Futures Rise Despite Oil Bounce, As Nvidia Keeps AI Euphoria Going Futures are positive and at session highs even as the a lack of a US / Iran deal pushes oil prices, bond yields, and volatility higher. As of 8:00am ET, S&P futures are up 0.3% to a new all time high of 7620; Nasdaq futures rise 0.2%: the Computex AI Conference kicked off; biggest news is NVDA to enter PC space with a new chip challenging AMD / INTC, helping send its stock up 2.3%. Microsoft shares gain 3.1% after...

Key Events This Week: Central Banks Galore, PPI, And The War In Iran After Friday's revelation that it was the first consecutive monthly Friday 13th for 11 years, DB's Jim Reid writes that today's nearly-as-impressive revelation is that this week sees the Fed, ECB, BoJ and BoE all meet in a single calendar week for the first time since December 2021. So a "super week" for central banks. All of them will have a very complex backdrop to deal with, shaped by geopolitical risk, volatile energy prices, and unsettled inflation...

Citi Says LatAm "Poised For Take-Off" As Powerful Tailwinds Align. Here's Why Our focus on South America's improving investment outlook, underpinned by a generational shift from left-wing governments to more business-friendly governments, gained support Thursday from Citi's report, "LatAm Poised for Take-Off: The Macro Cycle Turns Latin America's Way." Citi chief Latin America economist Ernesto Revilla wrote in a note earlier today that a right-wing political shift is serving as a tailwind alongside a weaker dollar, firm commodity prices, and global supply-chain realignment, while stressing that lasting gains depend on reforms and...