Russia Vows To Keep Selling Oil to India Despite US Tariff Threat

Germany Braces For AfD Election Breakthrough In Saxony-Anhalt Voters in Saxony-Anhalt head to the polls on Sunday, followed two weeks later by elections in Mecklenburg-Western Pomerania and Berlin. With the right-wing Alternative for Germany leading the national polls, the elections could be the opening act of an 18-month period in which Europe "lurches to the right," as Nomura analysts explained last month. UniCredit's chief German economist, Dr. Andreas Rees, told clients on Friday: "Three state elections in just 14 days will test Germany's government coalition and its reform plans. While political noise...

Trump Says "Perimeters Of A Deal Reached" With Iran To Reopen Hormuz After Call With Saudi Crown Prince The past few days have been tense. Although no US strikes were launched from Friday night into Saturday morning and the Gulf region remained quiet early Sunday, anticipation surrounding President Trump's next move is keeping energy traders and Gulf governments on edge. The big concern is that another round of strikes could trigger a wider regional conflict, particularly as the Iranian-backed Houthis have reactivated offensive operations in the southern Red Sea in...

Futures, Yields Flat Ahead Of August Jobs Report US futures are choppy, trading between unchanged and modestly higher, ahead of today's jobs report which sees a modest increase in August payrolls (but the risk is for another negative print, see our preview here). As of 8:00am ET, S&P futures are flat and Nasdaq futures gain 0.5% as Mag 7 stocks trade mixed premarket, with NVDA (+1.4%) and AMZN (+0.7%) leading and TSLA (-2.1%) lagging. Bond yields are steady as traders wait to see whether Friday’s payrolls report will offer the...