Markets : NFP day, must be the first Friday of the month, Goldman say strong job report will cause a selloff, meanwhile JPMorgan says strong job report wil lead to a big rally >>> USDollar slightly weaker, if EURO can't go down on a good old French crisis, then... 1.0550-1.0650+ on weekly would scare a few shorts, other USD pairs not really playing up, yet anyway, #AUDUSD 0.64+ long might be worth a look, #CABLE held 1.25-1.26 area pretty well too to be fair (chart)
Defiant Macron seeks new French PM, exit from crisis
Republicans in the U.S. House of Representatives will hold a slim 220-215 majority when the next Congress gets underway next month after Democrats picked up a seat in California, according to Edison Research on Wednesday >>> quite important, implies Trump needs to rush stuff through before next primaries! particularly since they will see their majority narrow further at least for some time when the new Congress convenes in January to 217-215 after Trump chose two members for top positions in his administration
Chevron Slows Permian Growth in Latest Hurdle to Trump Oil Plan
40% of unemployed job seekers (U.S) report they haven't had a single job interview this year Just because the unemployment rate is low (4.1%), and layoffs aren't surging, doesn't mean the job market is running hot—it isn't
#MSTR #MSTU It is effectively a giant short gamma position by retail that bleeds like 0DTE on steroids / Thread below, understand things can swing very sharply
Syrian rebel who took part in seizing key city of Hama in latest blow for Bashar al Assad speaks to Sky News >>> at this speed, Damascus this weekend?
Bloomberg on X: "French President Emmanuel Macron said he will appoint a new premier in the coming days after Marine Le Pen’s far-right party allied with leftist lawmakers to topple his government (translation via AP) https://t.co/6FGDalpV1d https://t.co/dVR21eTwFT" / X
That's going to be popular Biden considering preemptive pardons for officials Trump might target: Source
Follow this up, particularly if you are long * Paulo Macro on X: "I think the $MSTU & $MSTX (2x $MSTR etfs) at significant risk of blowing up, XIV/Volmaggeddon style…people really don’t appreciate the risks. Look at their holdings. Dealers won’t extend more swap as market/counterparty risk has become too big for balance sheets especially this https://t.co/8eFxhOaTJS" / X
James Anderson on X: "Nov 10, 2014 - $Gold 1,172.00 oz $Silver $15.57 oz Greenspan not only pump'd #Gold but also #Silver as historical counterparty-less payment👑combo We are now at the no not bullion, no plebian, go gamble in sh*tcoin fun https://t.co/SqNcCb5iQ3 https://t.co/Y7SNNXGqu0" / X
Michael Pettis on X: "1/3 Very good FT article on the forces underlying the global manufacturing squeeze: "Xi’s government is redirecting investments away from real estate and infrastructure into advanced industries. As domestic wages and profits stagnate, this... https://t.co/cUHVCiCCOP via @ft" / X
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