Forest Majeure: Finland Orders Google To Halt Work At Two Data Centers Less Than A Month After €13BN Splash

Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.  The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7 — zerohedge (@zerohedge) July...

Futures Flat Despite Blowout Nvidia Earnings US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% premarket but well off overnight highs after its earnings report and guidance smashed expectations while CEO Jensen Huang talked about “exponentially” growing computing demand and “skyrocketing” adoption of AI agents. It wasn’t enough, especially...

Hormuz To Year-End: Bullish Or Bearish? With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative. Though it is worth asking the question, what if the peace talks are truly different this time? Joining ZeroHedge tonight at 7pm ET...