They are trained to "rise up, to revolution."
It's time for the Quarterly Refunding Announcement shocker again.
About 38% of consumers reported that high prices were weighing down their living standards, up from 33% who said so last month...
There seems to be an enormous disconnect between what is actually happening in the real economy and the economic narrative that they are constantly pushing.
"The BHP proposal is opportunistic and fails to value Anglo American's prospects..."
The LGBT Equality Index ranks Palestine as 192nd worst out of 197 countries...
...just days after they got the cash from Biden.
The silver lining is that this hot PCE print is 'dovish' relative to the GDP-based data we saw yesterday, with whisper numbers of +0.4 to +0.5% MoM (vs the +0.3% print).
“We have a precarious situation where the earnings of a few big companies are driving sentiment on the entire market. We have seen a bit of volatility driven by earnings as well as rate decreases being priced out and that’s likely to continue.”
"As Ukraine gains more capabilities for the long-range fight . . . its ability to continue deep operations will become a feature."
Andrzej Duda inadvertently vindicated those Russian observers who long suspected that this transport megaproject right outside of Warsaw had dual military purposes, thus proving that they were right about Poland’s real plans all along...
...this appeal could delay lower court proceedings in President Trump’s Washington trial as well as his cases in Georgia and Florida.
- Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)
- Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal prices
- Bonds are modestly firmer, though very much contained ahead of US PCE
- Crude within recent ranges, XAU trudges higher and base metals entirely in the green; 3M LME topped USD 10,000/t
- Looking ahead, US PCE, Personal Income, Earnings from Co
"We temporarily asked all of our employees at corporate and in-restaurants to select another protein option for their meals to preserve our supply."
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports.