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

Horrifying Footage Shows Buildings Crumbling As Colombia Quake Death Toll Tops 111 Summary: Today's Quake Rocks Colombia Just Six Weeks After Venezuela's Twin Quakes Rubio Pledges US Support Death Toll Jumps to 111; 87 Injured Magnitude Epicenter of Quake was in San José del Palmar, Near Capital Bogotá Death Toll Jumps To 111; Rubio Pledges US Support  AFP News, citing Colombian President Abelardo De La Espriella, reports that the death toll from the magnitude-7.4 earthquake that struck western Colombia earlier today has climbed to 111, with at least 87 people injured. The casualty count remains preliminary and...

Gamma And Momentum: A Recipe For Cheers And Tears Authored by Michael Lebowitz via RealInvestmentAdvice.com, Intel (INTC) shares have risen 90% over the past month and more than 200% since the start of the year. Its competitors, Advanced Micro Devices (AMD) and Micron (MU), are posting similar gains. Many other semiconductor stocks, along with some computer hardware companies, are the market’s latest AI darlings. Momentum and gamma are driving the outperformance, and, in their wake, a supportive narrative is trying to justify it.   The narrative holds that the insatiable infrastructure buildout for...

IAEA 'Unclear' On Iran's Nuclear Program As US, Europe Escalate At UN Security Council Western allies are pressing the International Atomic Energy Agency (IAEA) ‌board to bring a formal complaint and resolution before the UN Security Council and the General Assembly. Reuters reports Saturday that the US, UK, France, and Germany are behind the new pressure campaign, which hinges on a request that the nuclear watchdog's director general transmit the new resolution. The draft resolution, as seen by Reuters, calls on Iran to "urgently remedy ‌its non-compliance ⁠with its Safeguards Agreement by taking all steps...