Foreign Capital Returns To Brazil As Goldman Clients See 20% Stock Rally If Bolsonaro Defeats Socialist

Kicking The Can On A Ceasefire "Which Does Not Solve Anything" Bas van Geffen, Senior Macro Strategist at Rabobank Both Bloomberg and Axios report that the US and Iran have reached a tentative deal to extend the ceasefire by 60 days as they engage in further negotiations over Iran’s nuclear programme. However, Tasnim reported that the text of the memorandum of understanding had not been finalized. US Vice President Vance said that the two sides are still “going back and forth on a couple of language points,” which reportedly includes the wording on...

Shein IPO Flops As Fast-Fashion Empire Sees Growth Slowdown Chinese online fast-fashion retailer Shein made its long-awaited Hong Kong market debut Tuesday, only to fall flat in what can only be viewed as a disappointing IPO plagued by investor concerns about slowing growth, rising costs and an increasingly challenged international business model. "Shein's many challenges are well known to investors and likely behind the sharp share-price fall on IPO day," Vey-Sern Ling, managing director at Union Bancaire Privée, wrote in a note. "Growth is slowing and losses rising amid stiff competition...

Four House Republicans Break Ranks To Help Democrats Pass Iran War Powers Resolution The House on Thursday approved a Democratic-led war powers resolution aimed at restricting President Trump's military operations in Iran, with four Republicans providing the decisive votes. The measure, sponsored by Rep. Pramila Jayapal (D-Wash.) and forced to the floor with Rep. Jason Crow (D-Colo.), passed 214-208. Joining every Democrat were Reps. Tom Barrett (R-Mich.), Warren Davidson (R-Ohio), Thomas Massie (R-Ky.) and Brian Fitzpatrick (R-Pa.) - the same quartet that crossed the aisle on a similar resolution last month. It...