Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPI

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...

Japan Takes Next Step In $2.3 Trillion Plan With Domestic AI Model And 10M Robots The Japanese government has unveiled plans to create a domestically developed artificial intelligence model and put roughly 10 million AI-equipped robots into operation across 18 sectors by 2040 - building on a 14-year growth strategy announced last month, which targets ¥370 trillion ($2.3 trillion) in combined public and private investment across 17 priority areas, including physical AI, semiconductors, quantum technology, and nuclear fusion. Kawasaki Kaleido The initiative will receive up to 1 trillion yen (approximately $6.1 billion) in...

Futures Rally Amid Fresh Iran Peace Hopes, All Eyes On SpaceX US stock futures and global markets are higher, extending their rally while oil hit the lowest level in months following fresh reports that the US and Iran are nearing a provisional agreement to end their war, even if top leadership has yet to sign off. Meanwhile, all eyes are on SpaceX - the world's biggest IPO- where shadow markets are pricing a spike of at least 35% for SpaceX on its debut, while online market see odds of a...