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Japanic: Yen Suddenly Spikes Stoking Intervention Speculation
Japanic: Yen Suddenly Spikes Stoking Intervention Speculation
Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of Japan has had enough and intervened.
Having tagged 164/USD, the Japanese currency suddenly exploded stronger (below 160/USD, which was the prior level of intervention)...
The scale of the move is commensurate with the last large intervention in April.
Obviously, there is no confirmation, yet, but the timing, coming after the Fed and after Japan markets have closed, would certainly fit what we know about the...
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Jun 11, 2026 / Tyler Durden
Pardoned J6er Sues Government For $18 Million Over Alleged Abuse In Pretrial Detention
Pardoned J6er Sues Government For $18 Million Over Alleged Abuse In Pretrial Detention
Authored by Matthew Vadum via The Epoch Times,
A former Jan. 6 defendant who alleged torture and other abuse in custody is suing the federal government for almost $18 million.
The lawsuit by Ryan Samsel of Bristol, Pennsylvania, was filed late June 9 in federal court in Virginia, six months after he gave the government the legally required notice he was planning to litigate.
He is seeking $17,980,000 from the federal government for physical and mental injuries suffered from January...
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Apr 20, 2026 / Tyler Durden
China To Import Record Amount Of US Ethane As Iran War Chokes Off Naphtha, LPG Supplies
China To Import Record Amount Of US Ethane As Iran War Chokes Off Naphtha, LPG Supplies
One year ago, in the immediate aftermath of Trump's Liberation Day tariffs, there was a flurry of discussion over who is more reliant on whom: the US on Chinese rare earth materials, or China on US ethane output (see "Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates" and "Who Blinks First? China May Exempt Tariffs On US Ethane & Other Goods"). Following the detente in the US-China trade war, that discussion was...
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Apr 28, 2026 / Tyler Durden
Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Las Vegas casino stocks have been largely mixed year to date on New York exchanges, as soaring costs for alcohol, parking, food, hotel rooms, bottled water, and other basic items have deterred cash-strapped visitors from the Strip.
Visitor volumes have been under pressure for more than a year, with Canadian travel down sharply in 2025. Major operators such as MGM and Caesars have reported revenue declines in Sin City, according to Bloomberg.
The latest data from the Las Vegas...
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