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Saudi Arabia's Price Hike May Signal Oil Bottom
06.05.2024, 17:25 Uhr. ZeroHedge News - https: - Saudi Arabia's Price Hike May Signal Oil Bottom One of the recent positives for bonds and non-energy stocks could have run its course after Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, according to Bloomberg markets live reporter Garfield Reynolds Over the weekend, state-owned Saudi Aramco raised the...
Key Events This Week: Things Finally Quiet Down
06.05.2024, 16:58 Uhr. ZeroHedge News - https: - Key Events This Week: Things Finally Quiet Down After a whirlwind two weeks which saw both the latest FOMC decision and the April jobs report, not to mention the peak of earnings season when all of the top tech companies reported, the calendar takes a quieter turn after the deluge of macro events last week, and the focus shifts on whether markets can...
Elon Musk Warns Over Biden's Massive Deficit Spending
06.05.2024, 09:30 Uhr. ZeroHedge News - https: - Elon Musk Warns Over Biden's Massive Deficit Spending Authored by Tom Ozimek via The Epoch Times (emphasis ours), Tesla CEO Elon Musk has sounded the alarm on the Biden administration’s massive deficit spending, warning that unless steps are taken to slow down the growth of America’s national debt, the U.S. dollar will become worthless. President...
Yen's First Intervention Rally Owed Very Little to Short Squeeze
06.05.2024, 06:36 Uhr. ZeroHedge News - https: - Yen's First Intervention Rally Owed Very Little to Short Squeeze By Garfield Reynolds, Bloomberg Markets Live reporter and strategist The first of Japan’s apparent twin interventions last week may have capped USD/JPY for some time to keep the pair under 160. But that had very little to do with flushing out yen short positioning at least with the initial...
There Is Nothing Exceptional About US "Exceptionalism"
06.05.2024, 03:00 Uhr. ZeroHedge News - https: - There Is Nothing Exceptional About US "Exceptionalism" By Peter Tchir of Academy Securities On Friday, after the jobs report, we heard a lot of chatter about “Goldilocks.” While we wrote NFP – Great for Markets, we caveated that with – for now. Normally we would agree that there is a “transition” period from “everything is great,” to...
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