Kamala Harris vs Trump / Porsche : EV delay / CrowdStrike trouble / Macron path / SPX 5500 key area-support

Markets : JPY stronger again (#NIKKEI correction ), VIX topside pressure could put eq markets overall under pressure, 20% of SPX reporting, GOOG, TSLA and U.S PCE Friday
US Election: Biden dropped out of the race on Sunday and endorsed VP Kamala Harris, who secured enough support from delegates for nomination. Harris’ platform will likely be similar to Biden's so the policy impact of switching candidates should be minimal >>> Trump peaked at 71% on predictit and it now 59%, Kamala has some work to do, let's see how she can do, right now not very well 'known' by many young Americans, which is the ones (in particular) she needs to go and motivate to vote ! nothing much changed, it's about the middle 5-10% undecided voters
French centre-right offers 'legislative pact' that could help Macron
Israel-Hamas war latest: Israeli military orders evacuation of part of humanitarian zone in Gaza
Porsche: „The transition to electric vehicles will take longer than we assumed five years ago,” Porsche said in a statement. Sales will depend on demand and how EVs develop across the world, it said
CrowdStrike outage - class action risk, price action very weak, through 200dma
Bloomberg Commodity Spot Index has sliced right thru its 200-day moving average
Philippine President Ferdinand Marcos, in his State of the Nation address, announces the total shutdown and ban of online casinos, now mostly owned by Chinese, in the country
India : Budget 2024 proposes to cut the customs duty to 6% on Gold and Silver. Moreover, the finance minister has also proposed to reduce customs duty on platinum to 6.4%
Tory leadership race triggered as Rishi Sunak formally steps down
FT _ Terrific analysis of China's third plenum,
the antipathy toward expanding consumer spending is becoming such a striking anomaly. A recipe for escalating trade frictions

Background slides to opening remarks (europa.eu ) Welcome address by Philip R. Lane, Member of the Executive Board of the ECB, at the Joint ECB-IMF-IMFER Conference 2024

Elon Musk, Mark Cuban, and more business leaders on Joe Biden's announcement (qz.com )

Israel-Hamas war latest: Israeli military orders evacuation of part of humanitarian zone in Gaza (msn.com )

Will it be Harris vs Trump?: a trader's week ahead playbook (thearmchairtrader.com )

Samsung strike in South Korea continues into its third week (qz.com )

Gold and silver to become cheaper, customs duty cut to 6% - The Economic Times (indiatimes.com )

China’s Xi Jinping bets on high tech for ‘great rejuvenation’ (ft.com )

For China, EU ties looking rocky after re-election of hawkish Ursula von der Leyen | South China Morning Post (scmp.com )

Marcos Shuts Down China-Centric Casinos Backed By Duterte (yahoo.com )

Porsche waters down EV ambitions, says transition will take 'years' (msn.com )

The CrowdStrike outage caused chaos for business – could we see a class action? (theconversation.com )

Ole S Hansen on X: "#Copper is currently being challenged by ongoing China demand weakness driving a cont. rise in exchange-monitored stocks. Overall, a resurgent Trump and his anti-renewable stance has added some additional downward pressure to a sector which also includes #silver. https://t.co/deE6vfQ5od " / X

Why Switzerland is diverging from Europe on the Energy Charter Treaty (swissinfo.ch )