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Audi could set up new production plant in the US in response to Trump’s tariffs – report
The report says that Audi is eyeing the potential for a new factory location in the US in responding to Trump’s tariffs. However, no firm decision has been made yet with Audi CEO believed to be waiting for at least a permanent tariff agreement between the EU and the US. That being said, a definitive […]
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What are the main events for today?
In the European session, the main highlight was the UK Retail Sales report. The data missed expectations across the board by a big margin but it shouldn’t change much for the market at this point. Also, retail sales data is notoriously volatile. In the American session, we have the Canadian Retail Sales and the US […]
Brian Windhorst expects a ‘modernization’ of the Lakers with sale of Buss family’s majority ownership.
On Wednesday afternoon, the NBA landscape was hit with shocking news. After 46 years, the Buss Family has decided to sell the majority ownership of the Los Angeles Lakers. TWG Global CEO Mark Walter is expected to pay approximately $10 billion, the highest sale ever for a US sports franchise. With this sale, NBA insiders […]
Champions League holders ‘couldn’t meet the challenge’ at Club World Cup
Paris Saint-Germain defender Lucas Hernandez has praised “aggressive” Botafogo after the Champions League winners conceded their first goal in more than six hours of football in a 1-0 defeat at the 2025 Club World Cup in California on Thursday. The Ligue 1 holders had 75% of possession and 16 of the 20 attempts between the […]
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What are the most important economic releases next week?
Monday Flash PMIs (Australia/Japan/France/Germany/Eurozone/UK/US) The Flash PMIs will be the most important release of the week and will probably set the trend for the rest of the month. This is the most timely indicator we have on economic activity and traders will focus particularly on the inflation details. The US Flash PMIs will be the […]
How Rand Paul got sidelined by fellow Republicans
As chair of the Senate Homeland Security and Governmental Affairs Committee, Sen. Rand Paul technically has jurisdiction over a central plank of President Donald Trump’s “big, beautiful bill.” But the Kentucky Republican’s desire to aggressively cut the administration’s request for border security spending has sidelined him in negotiations. In an interview this week, Senate Budget […]
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