Gun Jams, Knife Comes Out: One Dead After Bizarre Courthouse Shooting In Nashville

EU Eyes Methane Rule Retreat As Energy Crisis Deepens; IEA Floats Another Emergency Oil Dump The European Union is considering postponing methane emissions requirements for imported oil and gas to help boost energy supplies, with the Northern Hemisphere winter just months away. Energy prices in the bloc are already soaring, and uncomfortably low supplies of diesel and natural gas could push them even higher. The energy-stricken continent faces a difficult balancing act as it fights for its energy security. Reuters quoted EU Energy Commissioner Dan Jorgensen as saying the bloc could...

Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars Futures erase an overnight slide, and have resumed their ascent trading near all time highs, despite a hawkish Fed statement but stronger Mag7 earnings. The hawkish Fed followed by a less hawkish press conference, plus the news that Powell is staying on seemingly removing a cut, actually have bond yields lower pre-mkt by 2-4bp as the Dollar weakens on what appears to be BOJ intervention which has sent the USDJPY plunging most since 2022. As of 8:00am ET,...

Trump Cuts Off NATO's Mark Rutte In Oval Office After Sitting Out Iran War As expected, President Trump took the opportunity to chastise NATO for its lack of participation in the Iran war while hosting the alliance's Secretary General Mark Rutte at the White House. "We didn’t need help on this at all. We demolished them in literally the first week," Trump said of Iran before reporters, while seated across from Rutte. That's when the president said, "But it would have been nice if they would have said, ‘We’d like to...