Israeli media is now reporting that Netanyahu has informed Trump that Israel is not bound by the Lebanon ceasefire clause set out in the memorandum of understanding (MOU) between the US and Iran. Adding that the Israeli army will continue its deployment at sites spread across Lebanon and will respond to any attacks from Hezbollah. […]
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The scale of the policy rollout, more than 470 municipal measures in a single year with over 250 targeting provident fund mechanics specifically, signals that Beijing is tolerating and encouraging a broad-based local government response to property market weakness rather than waiting for a centralised stimulus package. The provident fund focus is tactically significant: raising
The removal of the 5% cap is the most structurally significant element for gold flows: eligible funds and family offices in Singapore have been constrained in their physical allocation and lifting that ceiling opens meaningful incremental demand from one of Asia’s deepest pools of managed capital. The central bank vaulting announcement by October is a
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The Strait is not opening up immediately. The promises already being wound back. This article was written by Eamonn Sheridan at investinglive.com. Source link
Trump says a U.S.-Iran deal is imminent, covering nuclear weapons and an immediate Hormuz reopening, with sanctions relief possible but no cash transfer; Iran has not confirmed. (Trump is claiming a deal. Iran hasn’t said so yet) investingLive Exclusive 36m ago Source link
Key takeaways for long term stock investors Parker Hannifin (PH) is one of the industrial names that may benefit from the long-term automation and robotics theme. PH recently corrected about 20% from its all-time high, then rebounded strongly. The stock has moved back above an important volume profile value area, which is a constructive technical
MON: G7 Summit (15-17 Jun), German Wholesale Prices (May), Indian WPI (May), EZ Industrial Production (Apr), US Industrial Production (May) TUE: BoJ Policy Announcement (Jun), RBA Policy Announcement (Jun), G7 Summit (15-17 Jun), Chinese Industrial Production (May), Retail Sales (May), Unemployment Rate (May), Italian HICP Final (May), EZ/German ZEW Survey (Jun), US ADP Employment Change
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For the first time since the US-Iran conflict erupted in late February, financial markets can plausibly see a genuine path toward peace. Reports throughout the week indicated that the United States and Iran are closer than at any point since hostilities began to signing the Islamabad Memorandum of Understanding, a framework that would pause fighting,
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The major stock indices all closed higher on the day helped by the the framework for a deal between Iran and the US/Israel. Reports indicated that the United States, Iran, and Pakistan have made significant progress toward a peace agreement aimed at ending the conflict, with negotiators suggesting a framework deal is close at hand.
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Iranian foreign minister Seyed Abbas Araghchi earlier wrote: The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course. Trump was earlier ticked off about
With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8
Dollar is under broad-based pressure today as safe-haven demand unwinds, but the scale of the selloff remains surprisingly modest considering the dramatic move in oil markets. Brent crude has plunged from above $95 just a day ago to below $86, one of the sharpest declines since the Iran conflict began, as investors increasingly price the
