...crude stockpiles down for the 7th week in the last 8 and distillates stocks falling by the most since March...

“The current combination of surging open interest and negative 7-day average funding rates is unique and promising,”

"This is a disappointing result for Macy's and a sharp cut to the company's forecast for sales and comp trends for the full year."

Meanwhile, Trump favors lower taxes: fiscal deficit, fiscal shmeficit. Which tax rates do your models assume?

The department is moving to dismiss the case...

Moscow mayor: "one of the largest attempts to attack Moscow with the help of drones of all time."

Based on history, the market is betting on an anomaly, like 1995-1998, and not normal monetary policy behavior...

...'Big Mike' & Barry, RINOs, and Daddy Emhoff ignore the growing violence on the streets of Chicago...

“Given that the US labor market is at the center of the Fed’s policy, the publication is of unusually high interest. A large downward revision in the number of new jobs created could add new fuel to concerns that the Fed has waited too long to cut interest rates.”

"provocative actions" of both American journalists & US mercenaries...

"Subsequently at 0500UTC, the Master reported that the merchant vessel had been struck by two unidentified projectiles... "

The number of inadmissible aliens who have been encountered at our borders or crossed uncaught since the start of Fiscal Year (FY) 2021 is unprecedented.

"Election discussions have entered management commentary earlier than in past election cycles..." 

RFK, Jr. entered the race because he wanted to effect major positive change for the future of the country. He still has that chance.

• European bourses are mostly modestly firmer; US futures rangebound ahead of US Payroll Revisions and the FOMC Minutes
• Dollar is incrementally firmer, JPY is the clear underperformer with USD/JPY around 146.00
• Bonds are flat with traders mindful of today’s key risk events
• Crude is flat, XAU is rangebound and holds just above USD 2500/oz, base metals entirely in the green
• Looking ahead, Canadian Producer Prices, US Payrolls Benchmark NSA Prelim, FOMC Minutes, Democratic Con

"...the extent by which the sabotage the DNC unleashed upon us is mindblowing..."

"That said, the TTF rally illustrates how sensitive the market remains to any tightening risks into this winter, and we agree that winter..."