Chinese Lithium Futs Plunge As EU Hybrid Cap Deals Fresh Blow To Battery Demand

Two Israeli soldiers were wounded overnight in fighting with a Hezbollah member near Beaufort Castle. The soldiers were taken to the hospital, and the Hezbollah attacker was killed. Israel then attacked the residential area of Kfar Roumine, also in southern Lebanon. The resulting strikes killed at least 12 people and by various reports wounded over […]

Iranian forces boarded a ship near the UAE. The vessel potentially contained a cache of weapons.  On Thursday, armed men boarded a ship near the United Arab Emirates, and it sailed to Iranian waters. The vessel has been identified as the Honduras-flagged Hui Chuan. The BBC reports that the ship was being used as a […]

US Core Durable Goods Orders Surge For 11th Straight Month After recent string 'soft' survey data, this morning we get some 'hard' data and it's mixed...ish... Preliminary headline durable goods orders for February fell 1.4% MoM (worse than the -1.2% MoM exp). That is the third monthly decline in a row (the first 3-month decline since Nov 2019) Source: Bloomberg The monthly decline of the headline print largely reflected a decline in orders for aircraft. Boeing said it received fewer orders for its planes in February than a month earlier. On the other hand, core durable...