Trump's Venezuela Energy Gambit A 'Major Problem' For Europe

"We Have All The Cards": Trump Cancels Witkoff-Kushner Trip To Pakistan For Iran Talks Summary In a sharp reversal, Trump has personally canceled the Witkoff-Kushner trip to Pakistan Iran denies that FM Abbas Araghchi's trip to Pakistan will include new talks with US, rejecting reports that Trump is sent his negotiating team to restart negotiations. 24/7 shuttle diplomacy (via Al Jazeera): There’' been shuttle diplomacy, and as one diplomat said, it's been relentless diplomacy that has been put forward by Pakistan from all sides. Iran's military says finger on the trigger: "greater power & readiness than...

From Zimbabwe To Washington: The Farce Of "Independent" Central Banks Authored by Nick Giambruno via InternationalMan.com, When Zimbabwe makes the news, it’s rarely for good reasons. There’s a good reason for that. The country has spent years in a state of perpetual crisis. Hyperinflation obliterated its currency and decimated the economy. Yet beneath the surface lies extraordinary wealth. Zimbabwe is rich in natural resources: gold, platinum, diamonds, and some of the most fertile farmland on Earth. That’s what led me to organize a research trip there about 10 years ago alongside legendary investor Doug Casey. We also sat...

Key Events This Week: CPI, PPI, Retail Sales Most traders may be out on the beach soaking up the mid-summer sun, but the relentless market and geopolitical newsflow continues for another week. Following Friday's payrolls report, which was far more dovish than hawkish at face value, attention this week will be firmly on July US CPI (Wednesday), which could go a long way towards further tipping the balance for September FOMC pricing. Futures pricing fell by around 10 percentage points immediately after the release on Friday, leaving the implied probability at...