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Diesel ! / JGB yields UP, 10's UST yields 5.12%, strong U.S PMI & a failed 5y auction, QQQ leads down / Xi & Trump next up
Markets : diesel fuel crisis incoming, crude prices slightly higher even as Iran ''seems'' to want 'diplomacy' to end the war, strong U.S PMI and a failed UST auction, where foreign demand collapsed 80%.. (read that again).. >>> equity under clear pressure, after recent run-up on ''hope'' from UN meetings, QQQ lead up, and it will lead down as GLOBAL yields head north again! beware this isn't a joke anymore... JGB yields are going parabolic too Japan 10 Year Government Bond Yield - Quote - Chart - Historical Data - News
US says China trade truce extended as Trump welcomes Xi | Xi’s first trip to the US in nearly three years was not expected to deliver major breakthroughs, but Washington and Beijing could extend their 11-month trade truce.US, Iran very good talks | Donald Trump said US officials had “very good
Mark Carney : Canada's leader lays out vision for breaking reliance on U.S
Trump’s US no longer a reliable ally, warns Belgium in leaked document | Dynamics in Washington ‘are likely to compromise several vital interests’ of Belgium and the EU, says strategy document from foreign ministry
Swiss lawmakers vote to back tighter UBS capital rules , and Diesel has never been this expensive in Switzerland (huge problem globally really)
US services PMI flash surges to 58.7, blowing past forecasts and signaling robust economic expansion
Barchart on X: "Not even one FOMC member sees downside risks to U.S. growth 🚨 This hasn't happened in AT LEAST the last 15 years 👀 https://t.co/7ijP5Tpppc" / X
AND... Nic on X: "Wow. Foreign demand for U.S. debt collapsed 80%! - T-bill purchases fell from $250.5B to just $49.4B in a year. - Long-term U.S. debt purchases also fell 46%, from $456B to $246.6B. That's a $410B reversal in foreign demand in just one year. And the U.S. still has to finance https://t.co/P1MCZHtdmS" / X
Mario Nawfal on X: "🚨🇨🇳🇮🇷 BREAKING: The real story of China's role in the Iran war is worse than Washington admits... 1,300 weapons shipments, missile propellant, and satellite images tied to three dead US soldiers -Iranian customs data shows roughly 1,300 dual-use shipments to the defense https://t.co/zYLv6l5iyb" / X
Could well be, in fact its already under way.. Will exotic fruits soon be grown in Switzerland? - SWI swissinfo.ch
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