Japan reportedly calls on IEA to coordinate release of additional oil stockpile
As a reminder, Japan is one of the most heavily impacted nations by the US-Iran conflict. That as it is unable to secure oil supply from the Middle East amid the de facto closure of the Strait of Hormuz. And for a country ever so reliant on energy imports, it’s a massive blow to the […]
BoJ minutes signal gradual rate hikes as inflation nears target and oil risks rise
BoJ minutes signal a steady tightening bias with inflation nearing target and financial conditions still accommodative, while rising oil prices since the meeting add fresh upside risks. Summary: BoJ minutes reinforce gradual but ongoing rate hike bias. Members see financial conditions still accommodative, helped by weak yen. Underlying inflation seen edging toward 2% target. No […]
US futures push higher so far today, technical breakdown on hold for now
Tech shares bore the brunt of the pain in trading yesterday but the losses in Wall Street just ate a little bit into the gains on Monday. That of course followed the technical scare from Friday last week, which set up a rather gloomy mood early this week before US president Trump came to the […]
JetBlue flight returns to Rhode Island airport after hitting coyote on runway
JetBlue passenger Desiree Salter posted video of her blessing a plane with oil to social media on Feb. 15, and the video has gone viral following recent flight incidents. Credit: @desireesalter /TMX A JetBlue flight was forced to turn back shortly after takeoff Tuesday after reportedly striking a coyote on the runway at a Rhode […]
Yankees Trade Zack Short To Nationals
The Yankees have traded infielder Zack Short to the Nationals in exchange for cash, per announcements from both clubs. Short, who’d been a non-roster invitee to Yankees camp, will head to Triple-A Rochester with his new organization for the time being. Short, 30, signed a minor league deal with New York back in December and […]
SpaceX IPO filing imminent, report says deal could raise over $75bn
SpaceX is reportedly preparing to file for an IPO that could raise over $75bn, though the size and structure remain uncertain given its already high private valuation. The Information carries the report, gated. Summary: SpaceX reportedly preparing to file IPO prospectus imminently. Deal could target a raise of more than $75bn, per report. Retail allocation […]
FX option expiries for 25 March 10am New York cut
There are just a couple to take note of on the board for the day, as highlighted in bold below. The first being for EUR/USD at the 1.1605 level. The expiries don’t tie to any technical significance but could help lock price action a little in the session ahead, though the impact is likely to […]
White Sox To Carry Jedixson Paez On Opening Day Roster
The White Sox have informed Rule 5 draftee Jedixson Paez that he’ll break camp, reports Ari Alexander of Boston 7 News. The 22-year-old righty was the second pick in December’s Rule 5 draft, taken out of the Red Sox’s system. Chicago was the only club to make two Rule 5 selections this year. Their second pick, […]
Oil holds near the lows for the week though the drums of war continue to beat
It’s a testing moment for markets as we await the outcome of talks between the US and Iran. Trump’s message on Monday was a bit out of the blue but the playbook looks to be one that we have seen before. It is a very similar one to how he went about on the trade/tariffs […]
PBOC sets USD/ CNY mid-point today at 6.8911 (vs. estimate at 6.8819)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. PBOC injects 20.5bn yuan in 7-day reverse repos at 1.4% (unchanged) in open market operations This article was written by Eamonn Sheridan at investinglive.com. Source link
