Chinese FX Outflows Soar, Priming The Next Bitcoin Surge

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It's like clockwork: every time China's FX outflows jump, bitcoin erupts higher. Rinse, repeat.


Durable Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns

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...not helped by the 8th downward revision in the last year...


Aussie Senator Says Elon Musk Should "Be In Jail And The Key Be Thrown Away"

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Musk is under relentless attack from Aussie officials for allowing free speech on X...


Futures Rise For Third Day As Tesla, Texas Instruments Surge Boosts Tech Stocks

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“There are high hopes for big US tech. Inflation and valuation levels don’t seem to be a concern at the moment.”


New Footage Shows Possible Explosion Before Cargo Plane Crashes In Fairbanks 

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"Looks like an explosion." 


"They Think There Are Too Many Of Us On The Planet" - Alex Newman Warns Of Tyrannical UN Plans For Our Future

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"We are taking up their space and consuming their resources... They say this openly"


FlySafair Boeing 737's Wheel Separates After Takeoff 

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Endless problems. 


More Than $1 Trillion Of Blind Buying

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Sentiment surveys, positioning data, CTA estimates….at the end of the day maybe only buybacks matter

How Nvidia Uses Gold

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The cost of gold encourages companies to seek alternatives to it, but its natural features guarantee that it’s still used as a vital component of computers and GPUs despite its cost...


"F**king Clown Show": Unsealed Court Docs Reveal Biden DOJ Colluded With National Archives To Target Trump, Jack Smith Tried To Conceal

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Wow, an honest judge!


Senates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok

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The republicans do what they always do best: fold like cheap lawn chairs.


Meet The New ETFs That Are Offering '100% Downside Protection'

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After all, something has to replace all of the ESG ETFs that have shuttered in the last year.


NQ outperforms, benefiting from gains in TSLA, USD firmer & AUD bid post-CPI, Bonds at lows - Newsquawk US Market Open

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  • European bourses are mostly firmer; NQ outperforms, propped up by gains in Tech names – TSLA +10.5% pre-market, TXN +7.3%
  • Dollar is firmer, AUD benefits from the risk tone and on hotter Aussie CPI, USD/JPY printed a high of 154.96
  • USTs are pressured, giving back some of the PMI-induced gains; Bunds follow suit and eye YTD lows
  • Crude and XAU are subdued by Dollar strength, base metals remain resilient
  • Looking ahead, US Durable Goods, Canadian Retail Sales, BoC Minutes, Com

AI Chatbots Refuse To Produce 'Controversial' Output - Why That's A Free Speech Problem

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...analysis found that companies’ hate speech policies contain extremely broad prohibitions... which can backfire.


Flying Cars Are Becoming Reality In China

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"Normal eVTOL vehicles cannot drive on the ground, but our model is dual use."


Wind Overtakes Fossil Fuels As The UK's Largest Power Generation Source

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Wind power generation, however, could begin to dip with warmer and still weather in the summer months...


Germany Arrests EU Parliament Aide On China Espionage Charges

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Shock discovery rocks the AfD at moment it polls in second place nationally...


"Let's Debunk The Myth That Mass-Migration Brings An Economic Benefit", Says Former UK Immigration Minister

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...slammed successive governments for their "betrayal" of voters on the issue of immigration, stating that mass low-skilled migration into a developed nation has been "a burden on the taxpayer"...


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APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes. Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.

A $250 Million War Game And Its Shocking Outcome

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Nothing was learned from this... And a culture not willing to think hard and test itself does not augur well for the future...”