Come For The Education, Stay For The Amputation: Iran Offers Free Scholarships To US Students

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Now this could truly be educational. Students protesting on our campuses have been offered free scholarships at Shiraz University in Fars...


Utilities Better Than AI

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Who wants sexy tech when you have hot utilities to chase...

Futures Gain Boosted By Apple's Blowout Buyback, Dollar Drops Ahead Of Payrolls

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“NFP gains have likely slowed, but to a level that has remained strong. The ‘higher for longer’ narrative should remain well in place, but is largely priced in by the market at this stage.”


Yields More Exposed To A Downside Miss In Payrolls

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...suggests a 10-year yield ~40 bps lower.


"Something To Read Before Payrolls" From Goldman's Hedge Fund Honcho

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...risk/reward is hard to define right now...


Sony And Apollo Make $26 Billion All Cash Offer For Paramount

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Perhaps this will finally end the every-day Paramount buyout saga...


Arizona Senate Approves Repeal of Near-Total Abortion Ban

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"What we’re actually voting on is death..."


These Are The Best US Companies To Work For (According To LinkedIn)

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...with JPMorgan ranking first!


Norway’s Cash Flow From Offshore Fields Crashes Due to Low Natural Gas Prices

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Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period of 2023, as natural gas prices slumped and gas consumption in Europe was below expectations.


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  • European equities entirely in the green; US equity futures are mixed ahead of US NFP
  • Dollar is slightly softer, USD/JPY dips lower to around 153.00
  • Bonds are mixed but remain rangebound ahead of today’s key events
  • Crude trades within a tight range, XAU flat and base metals mostly firmer
  • Looking ahead, US NFP, Services PMI & ISM Non-Manufacturing, Comments from Fed's Goolsbee & Williams

Visualizing Global Gold Production In 2023

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Over 3,000 tonnes of gold were produced globally in 2023...


Jim Jordan Drops "Smoking Gun" Over White House 'Lab Leak' Suppression At Facebook

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The Biden White house is "highly cynical and dishonest..."


German Lawmaker Calls For Border Pushbacks As Illegal Immigration Hits 5-Year High In First Quarter

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The latest illegal immigration figures were only published following a request by AfD opposition lawmaker Martin Hess, who claims the government's new-found commitment to tackling the crisis is a failing "election campaign tactic"


"Islamic Resistance In Bahrain" Claims First Ever Attack On Israel

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Militant group releases video of drone launched on port city of Eilat...


White South Africans Face Crime And Torture But Still Believe US And Europe Face Darker Future: Ernst Roets

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Ernst Roets, the head of policy for the Solidarity Movement in South Africa, looks at the future of White Boers in South Africa, how they're building their own community, and why they have more hope for the future of South Africa than the U.S. and Europe.


Rebuilding Bombed-Out Gaza Could Take Into Next Century: UN

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Gaza will need rebuilding on scale not seen since World War 2...


Every Conservative Party In Europe Needs To Prepare For Mass Censorship, Warns Flemish MEP

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Gerolf Annemans, the Vlaams Belang MEP and president of the European Identity and Democracy group, warns that even greater censorship of conservatives is just around the corner


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US equity futures were boosted after-hours following better-than-expected earnings from Apple (+6%) which announced an additional USD 110bln buyback.

April Payrolls Preview And Market Reaction Matrix: A Slowdown But How Big

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A hot reading (rates higher and stocks lower) should have less of an impact than a cold one (rates lower and stocks higher).


"Very Solid": Trump Scores $1.8 Billion Windfall After Significant Increase In Truth Social Stake

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Trump's overall stake is valued around $5.7 billion...