August 2025

Oil Jumps As Trump Threatens India With ‘Substantial’ Tariffs For Buying Russian Crude President Trump switched his attention from the domestic jobs figures to the price of oil this morning with a Truth Social post that lambasts India for their dealings with Russia: “India is not only buying massive amounts of Russian Oil, they are

Key Events This Week: ISM, Trade Balance And More Earnings Last week was by far the busiest of the year, with a perfect storm confluence of macro, earnings and central bank newsflow avalanche. Not surprisingly, this post-payrolls week is much quieter; among the US data releases that matter will be Tuesday’s ISM report (forecast at

US Deploys F-16 “Super Squadron” Closer To North Korea Border After Kim’s Ultimatum The United States is expanding its military footprint on the Korean Peninsula by establishing another elite air unit near the demilitarized zone, which is apparently in response to Pyongyang’s last week announcement that it will only enter negotiations if the US abandons its

Bureau Of Labored Statistics By Bas van Geffen, senior market strategist at Rabobank Non-farm payrolls came in at just 73,000 jobs last month. Moreover, revised estimates for May and June came in at just 19k and 14k. This means that 258,000 fewer jobs were created in those two months than initially estimated.  So, Friday’s employment

US Factory Orders Tumbled In June By The Most Since COVID After surging 8.3% higher in May (amid tariff front-running and Boeing orders), US Factory orders tumbled 4.8% in June (as expected)… Source: Bloomberg Last month’s tariff-front-running surge up 8.3% is the second biggest monthly jump in 69 years. June’s follow-on decline is the biggest

Abbott Says He’ll Remove Texas Dems Who Fled State To Block GOP Redistricting Vote Absconding to — where else — Chicago, Democratic members of the Texas House of Representatives fled the state on Sunday to break a quorum and prevent a vote on a redistricting plan that promises to boost the GOP’s share of seats