China, the world’s largest oil importer, has just increased demand for crude for the remainder of the year, supporting near-term prices despite a souring macroeconomic backdrop across the globe, elevated US dollar, and the impact […]
Authored by Simon White, Bloomberg macro strategist, Measures of global central-bank tightness and inflation show that both are peaking. It might not seem like it after today’s upside surprises in European inflation data, but global […]
The Biden administration has announced a new $275 million package of weapons and other aid for Ukraine in but the latest of what’s become a seeming endless money and arms pipeline to Kiev at the […]
Lots of chatter this week about a Fed ‘pause’, ‘mini-pivot’, or ‘step-down’ in its hawkishness that provided the narrative for every buying-panic, and given that expectations for The Fed’s terminal rate were unchanged on the […]
By John Paul Hampstead of FreightWaves The trans-Pacific trade lane connecting the world’s most important countries is a pillar of the global economy. But now it’s becoming an epicenter of supply chain, financial and geopolitical […]
Elon Musk has kicked off his tenure as the new owner of Twitter by giving the boot to the social media giant’s top leadership. After closing a $44bn deal to buy the company on Thursday, […]
Elon Musk has refuted reports he intends to cut 75% of Twitter’s workforce, telling Twitter staff those are not his plans when he takes control of the company, according to a source with knowledge of […]
Two weeks ago, the NYT mocked “amateur investors” for piling up in a historic, “meme” short bet against the troubled Swiss bank Credit Suisse, which it argued was nowhere near as distressed as rumors suggested […]
Update(1534ET): Putin in his nearly four-hour long annual Valdai Discussion Club speech (which included a the lengthy Q&A portion) “appeared relaxed”, Reuters observed while at times questioned by journalists and panelists about the prospect of […]
Israeli Defence Minister Benny Gantz has heralded a new era in security ties with Turkey as the two countries seek to mend a relationship that had been broken for a decade. Gantz spoke on Thursday […]
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