Futures Rise After Record Rip In Kospi; Bond Bounce Fades As Oil Jumps, BoJ On Hold

Ayatollah Orders Highly-Enriched Uranium To Remain In Iran, Stymying Trump's Basis For Deal The illusion of a grand diplomatic breakthrough in the Middle East is once again colliding with reality. The White House has been busy trying to paint a picture of a total capitulation by Tehran, which hasn't been demonstrated given its consistent position defying Washington's demands on the nuclear issue. According to two senior Iranian officials speaking to Reuters, Iranian Supreme Leader Mojtaba Khamenei has drawn a hard line in the sand, ordering that Iran's stockpile of uranium enriched...

Turkey is sending air defenses, drone operators, and other military and technical support to Saudi Arabia. Two officials told Reuters on Wednesday that Turkey had made the decision to begin sending arms to Saudi Arabia. A US official who was briefed on the matter said that Turkey will limit its aid to technical support and […]

Switzerland Halts Military Exports To US, Citing Iran War Neutrality  Switzerland on Friday announced it is halting all military and defense exports to the United States, citing its neutrality, coming as the Iran war reaches the three week mark. "Exports of war materiel to the US cannot currently be authorized," the government said, as quoted in Bloomberg. The statement specifically referenced Washington's "international armed conflict" in the Middle East. Source: screengrab via Johnny Harris/YouTube The announcement might not be a surprise, given similar past stances by Switzerland; however it comes at a sensitive...