Geopolitics Rubio Tells Congress: The War in Iran Is Over Secretary of State Marco Rubio told Congress the war in Iran is over, even as strikes continue and the House moved to limit Trump's war powers in Iran.
Geopolitics Trump says Iran ‘really wants’ a deal as strikes continue Trump says Iran ‘really wants’ a deal with the US, even as fresh strikes hit Iranian sites and Iran targets US forces in Kuwait. Here is what traders should watch.
Macro Wealthy Family Offices Begin De-Dollarization Trade, UBS Survey Shows A new UBS Global Family Office Report shows the world’s wealthiest families are cutting U.S. dollar exposure, citing AI bubble fears, tariffs, rising debt and geopolitical risk.
Macro Canada Slips Into Technical Recession for First Time Since 2020 Canada has slipped into a technical recession for the first time since 2020 after Q1 GDP fell 0.1% annualized, missing 1.5% growth expectations and reshaping the Bank of Canada rate path.
Politics Trump Admin Weighs Halting International Flight Processing at Sanctuary City Airports DHS Secretary Markwayne Mullin says the Trump administration is drawing up plans to halt international flight processing at sanctuary city airports, drawing alarm from airlines and hotels ahead of the World Cup.
Macro ECB Warns Trump Policies Risk Triggering a Global Financial Crisis The ECB warned that Trump’s Iran war and tariff policies risk triggering a global financial crisis, citing energy shocks, private credit stress and sovereign debt repricing.
Geopolitics US Has Troops in Place to Attack Cuba, Politico Reports Politico reports the Pentagon has spent months positioning troops, warships, and weapons in the Caribbean for a potential attack on Cuba, with only a final order from Trump still needed.
Geopolitics U.S. Pauses $14B Taiwan Arms Sale to Preserve Iran War Munitions The U.S. has paused a planned $14 billion arms sale to Taiwan to preserve munitions for the Iran war, the Acting Navy Secretary said, putting new focus on defense primes like LMT and RTX.
Geopolitics Russian Cargo Ship Carrying Nuclear Reactors Sinks Off Spain A Russian cargo ship carrying two nuclear reactors sank off Spain's coast under unexplained circumstances, raising concerns over nuclear material security.
Tech Microsoft Fires Israel GM Alon Haimovich Over Azure Surveillance Probe Microsoft fired Israel GM Alon Haimovich and other senior managers after a probe linked Azure cloud services to Unit 8200’s surveillance of Palestinians. Microsoft Israel now reports to Microsoft France.
Markets Iran Conflict Triggers Diet Coke Shortage in India The Iran conflict disrupts aluminum can supply, leading to a Diet Coke shortage in India. Coca-Cola (KO) faces supply chain challenges amid rising aluminum prices.
Energy $920M Crude Oil Short Hit 70 Minutes Before US-Iran Deal Report A $920M crude oil short hit the tape at 3:40 AM ET, 70 minutes before Axios broke a US-Iran 14-point deal report. Oil fell 12%, netting roughly $125M in paper gains.
Markets 23 Hantavirus Cruise Passengers Returned Home, Including to US At least 23 passengers from the hantavirus-hit MV Hondius cruise have returned home, including to the US, with one already sick. Cruise operator stocks back in focus.
