While Japan is tightening immigration, Germany has naturalized hundreds of thousands of migrants in the last three years...

Initial reports suggest it was hit by Ukrainian sea drone...

A top Kremlin official attempted to downplay "various rumors and speculation" following a lab worker's death.

US Trade deficit widens; Fed's Daly sounds hawkish on inflation; Qatar said US and Iran are still engaged in talks; Iranian Minister said talks with the Emir of Qatar were “constructive”; Saudi Arabia confirms Jazan and Najran airports were hit by strikes; Saudi Energy Minister stated 5.8mln BPD is currently flowing through the East-West pipeline; New missile explosion reported at Saudi refinery; Average US 3yr note auction; RN leader Le Pen said France could face a default if President Macron policy continues

It's full of 'Anti-racism', 'Islamophobia' and gender ideology guides...

"President Trump knows a self-sustaining domestic shipbuilding sector is critical for national and economic security."

Micron reported earnings growth of 1,003%; the median stock in the consumer sectors is expected to grow by 0%. Welcome to Q3 earnings season, where ten stocks are expected to deliver 68% of the growth.

The dictum morphs from "Survive till '25" (when low interest rates were supposed to return) to "Sell at today's price, or the lender will"...

Atlantic suezmax earnings have more than doubled in three trading days, every Baltic suezmax index is at a record, and the Saudi-China benchmark just printed $1.33 million a day.

After decades of bloated budgets and failing scores, our school system is now less popular than Cuba and communism...

Treason charges as BND retired official went so far as to give 'briefings' for a foreign intelligence service...

Treasuries are getting some relief today, but elevated rate vol and rich payer skew show the market is wary of another move higher in yields...

NDX is finally breaking out of a massive multi-month range. The problem is what’s happening underneath.

Overall, this was an uglier auction than the lack of tail would make it out, and the plunge in Foreign buyers (Indirects) was only offset by a near-record Direct bid as not even rates trading at 24 year highs was sufficiently attractive for foreign buyers. 

"Absolutely this will impact sourcing": Western gold refiners face a squeeze as central banks buy 91 tonnes a month, 5x the pre-2022 pace

Nobody mentioned the third option: a $30 billion bridge round, priced by the issuer, in between.

Massive search & rescue underway...

Eleven reactors, three states, $4.3 billion of upgrades, and one week to go before FERC decides whether data centers must bring their own power: Google just signed for 3,590 MW.