NATO says its missile defence base in Poland operational now. The White House says U.S.-made F-16 jets are on their way to Ukraine — over a year after Ukraine first asked its allies for advanced fighter jets. Poland must prepare army for full-scale conflict, army chief says
French elections: Macron urges lawmakers to build broad 'republican' coalition to break deadlock. In a letter to the French, President Emmanuel Macron calls on 'republican' forces to 'build a solid majority, necessarily plural.'
Senate Majority Leader Chuck Schumer is privately signaling to donors that he's open to a Democratic presidential ticket that isn't led by President Biden, Axios
Volkswagen on Tuesday warned it may close the Brussels site of its luxury brand Audi due to a sharp drop in demand for high-end electric cars that has hit Europe's top carmaker, forcing it to cut its margin target for the current year
In its annual "Energy Outlook" report, BP has revised higher all its forecasts for oil, natural gas and coal consumption
At 21.5%, the average credit card interest rate in the US is over 7 percentage points higher than the historical average
Microsoft is quitting the board of OpenAI amid growing anti-trust scrutiny
China’s Batteries Are Now Cheap Enough to Power Huge Shifts. We no longer need to model for when cell prices drop far enough to decarbonize road transport. That day is here
Bank of England chief economist points to ‘persistence’ of underlying inflation. Huw Pill’s comments cause traders to scale back expectations of UK interest rate cuts, and this morning's UK GDP was stronger than expected at 0.4% in May, good news
The #VIX has averaged 13.8 so far this year, lowest volatility since 2017
FED pricing : substantial cuts priced for while, right now about -6-cuts priced in before end of 2024 and another one later on in 2026 >>> they just get pushed a little further out/brought back closer depending on data >>> with the VIX where it is, it continues to bring systematic buying in Eq, weekly liquidities feeding mainly through to the Mag7 or 8
F-16 transfers to Ukraine are underway, White House says (axios.com) Russia issues arrest warrant for Yulia Navalnaya – DW – 07/09/2024
French elections: Macron urges lawmakers to build broad 'republican' coalition to break deadlock (lemonde.fr)
UK economy jumps back with 0.4% growth as Chancellor Rachel Reeves hails start of 'decade of national renewal' (msn.com)
Michael Pettis on X: "1/5 SCMP on a recent meeting between Premier Li Qiang and business leaders: "Stressing that China’s economy was in “stable operation”, Li admitted that factors affecting growth are “more complex than before” and that the difficulties... https://t.co/wbsacHYbXz via @scmpnews" / X
Federal Reserve's Lisa Cook Foresees Swift Response To Unemployment Surge Following Jerome Powell's Testimony Before Congress: 'We Are Very Attentive' (msn.com)
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