Goldman Asks The 'Key Question' Facing Oil Shorts

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...larger covering flows will ensue.


Five Reasons Why Trump Is Once Again Escalating Against Russia

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They’re all primarily due to his belief (however possibly mistaken) that Putin won’t risk tensions spiraling out of control in response...

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US Commerce Dept Says "Not Currently Negotiating" With Any Quantum Computing Firms

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...the department is "not currently negotiating with any of the companies".


Futures Flat As Oil Surges

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“Because of the trade tensions, there was a narrative of caution going into third-quarter season and that has now abated, given the stronger numbers”


Congress Should Miss Their Paychecks Too

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aka the icing on their cake of ill-gotten gains...


Gold – Healthy Reset or Just Overcrowded?

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“After taking 12 years to double from $1,000 to $2,000 (2008–2020), gold doubled again in just 5 years, crossing $4,000 this month. The move from $3,000 to $4,000 took ~200 days — and from $3,300 to $4,300 only ~60.”

Nexperia-Linked Chip Shortages Ripple Through Global Auto Supply Chain, From Germany To Japan

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"The chips manufactured by the affected manufacturers are important parts used in electronic control unit..." 


Trump On Course To "Shatter" Deportation Record: Report

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“This is just the beginning...”


Pivotal Research On Creatine Finds Foundational Applications Way Beyond The Gym - Including Brain, Bone, And Healthy Aging

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With some extra benefits for women...


ObamaCare Premiums Are Going Up, New Figures Show

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Previews from a dozen states show people will have to pay more for health insurance next year...


New Rules Reveal Details Of $100,000 Fee On Foreign Worker H-1B Visas

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The administration says the six-figure charge protects U.S. jobs, while lawsuits describe it as federal overreach that will hurt employers.


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  • China published fourth plenum communique: approved five-year plan, and aiming for a 'big increase' in the level of tech self-reliance.
  • European equities are mostly higher, whilst US equity futures are mixed; TSLA -3%, IBM -7.2%, Quantum stocks +10%.
  • DXY is flat, Antipodeans lead whilst havens lag in quiet trade.
  • Bonds are pressured as the risk tone sees pockets of improvement; decent UK auction sparked little move in Gilts at the time.
  • New Russian sanctions push crude ben

Crude Prices Surge After US Sanctions Russian Oil Giants; ZeroHedge Spars With NATO Chief Over Failed Ukraine Policy

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...how do you justify that?...


How Germ Theory Sparked The Sanitary Revolution... And Life Expectancy Skyrocketed

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Before germ theory gained acceptance in the late 1800s, doctors had little understanding of how diseases spread...


Tether's Stablecoin Touches Over 6% Of The World's Population, Says CEO

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Tether has notched its 500 millionth user of its USDT stablecoin, an achievement its CEO Paolo Ardoino said is “likely the biggest financial inclusion achievement in history"...


Putin Oversees Major Russian Nuclear Drill, Launches ICBMs

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Comes as hoped-for Trump & Putin peace summit in Budapest breaks down...


Spain's Gas Demand Skyrockets After Major Blackout

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Spanish gas demand for electricity production jumped by nearly 37% between January and September, as Spain relied on more gas-fired power generation to keep the grid stable after Europe’s worst blackout in modern history


Zelensky Signs Letter Of Intent To Acquire Whopping 150 Swedish Fighter Jets Over Next 10-15 Years

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Saab Gripen E seen by many as a cheaper competitor to the F-35...


Germany Stands To Lose & Poland To Gain From The EU's Latest Energy Move

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Poland’s role in providing more US LNG to Central & Eastern Europe is expected to erode Germany’s influence in this region and accelerate Poland’s revival of its lost Great Power status...


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  • US-China frictions weigh on the risk tone; Bessent said they are contemplating the next move if talks don't work out
  • DXY posts modest gains, EUR pressured, while Sterling remains lower but is off the worst levels on Wednesday
  • Fixed benchmarks struggled for direction, US 20yr was decent
  • Crude supported by reports around Ukraine's use of Western long-range missiles, metals softer
  • Looking ahead, highlights include US National Activity Index (Sep), Existing Home Sales (Sep),