Author: FX
Moldova's pro-EU government edges towards majority in pivotal vote Source link
Here are the major earnings before the open Monday Source link
Weekend reports on a note from UBS arguing the US has a 93% chance in recession this year. I guess that means 93% chance the US is already in recession. I doubt it, but here is more. The reports state that:UBS’s forecast based on its assessment of several indicators like personal income, consumption, industrial production and employmentUBS says the economy has reached “historically worrying levels”UBS says the US economy is “soggy, soft, weak, yes, but not collapsing”, and analysts at the bank have not said firmly the country is in recession–I haven’t seen the note, just passing along what is…
Russia pounds Kyiv, other regions in mass drone and missile attack Source link
Denmark bans drone flights after fresh drone sightings at military bases Source link
This isn’t a surprise but OPEC+ will continue to boost production by 137K in October after hiking by that exact amount in September.The market saw the September announcement as the baseline going forward, until brent prices fall below $60 or OPEC spare capacity is exhausted. IThe latest report from Reuters cites three sources familiar with OPEC talks.So far this year OPEC+ has raised output by 2.5 mbpd into a soft economy. That’s made oil a big underperformer in the commodity space but it hasn’t been as bad as it could be. That’s partly because China has been building oil inventories.This…
Tanks thrust deeper into Gaza, medics say many injured are trapped Source link
Moldovans vote in high-stakes parliamentary election Source link
Colombian President Petro accuses US of violating international law after visa revoked Source link
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