Category: Uncategorized

Morning Intelligence – The Gist Global equities lost their nerve overnight: the Nasdaq slid 2.3 %, the S&P 500 1.7 %, and Asia’s tech-heavy indices fell up to 2.8 % as the odds of a December Fed cut collapsed from 70 % to about 50 %.(reuters.com) With $10 bn already pulled from Asian funds this…

Evening Analysis – The Gist Russian energy giant Lukoil’s scramble for a U-turn on U.S. sanctions exposes a deeper shift: hydrocarbon power is no longer shield enough against political risk. Facing a 21 Nov. cut-off that would sever dollar transactions and strand roughly €14 bn in overseas assets, the firm now begs Washington for a…

Morning Intelligence – The Gist Washington has reopened after a 43-day funding lapse that froze pay for 800,000 federal workers, stalled 8 million SNAP payments and shaved an estimated 0.2 pp off Q4 U.S. GDP—more than the entire 2019 shutdown cost in absolute terms. Global markets exhaled: MSCI’s world index firmed while the dollar index…

Evening Analysis – The Gist The Senate’s 60-40 vote to end the record 41-day U.S. government shutdown restores pay for 800 000 furloughed workers and re-opens the $38 trn federal machine—but only until 30 January, and without guaranteeing the health-insurance subsidies that protect 24 million Americans from premium shock. Stocks cheered; the structural deficit will…

Morning Intelligence – The Gist Good morning. The 41-day U.S. federal shutdown—already the longest on record—looks set to end today after the Senate’s 60-40 vote and an expected House nod. Roughly 800,000 federal employees have missed two pay cycles, while Moody’s estimates the stoppage has shaved about 0.3 percentage-points (≈ $6 bn) off quarterly GDP.…

Evening Analysis – The Gist Good evening, G7 foreign ministers gathering today in Niagara-on-the-Lake confront an uncomfortable arithmetic: their countries represent barely 10 % of world population yet 43 % of global GDP and over half of Ukraine’s military aid. Canada’s Anita Anand is urging “ambitious goals for lasting peace,” but Washington’s Marco Rubio arrives…

Morning Intelligence – The Gist Global markets exhaled after the U-S Senate voted 60-40 to end the 41-day federal shutdown—the longest in U.S. history. Relief buying sent the Nasdaq up 2.3 %, the S&P 500 1.5 %, and pushed gold above $4,100, its biggest one-day jump since May. The bill now faces a Wednesday House…

Evening Analysis – The Gist Forty days of fiscal brinkmanship finally cracked last night as the U.S. Senate advanced a stop-gap bill to reopen the federal government until 30 January, triggering a 1.2 % jump in Nasdaq futures and lifting Asian and European markets(reuters.com). The record shutdown had stranded 800,000 workers without pay and snarled…

Morning Intelligence – The Gist The U.S. Senate’s 60-40 procedural vote edges the 40-day federal shutdown toward an end, but the relief rallies in global equity futures mask a deeper fragility. White House economists warn Q4 GDP could slip into negative territory, a stark reminder that a supposedly “domestic” budget fight can torque worldwide growth…

Evening Analysis – The Gist Air-traffic is becoming the most visible casualty of Washington’s 38-day shutdown. FAA orders have already cut 4 % of departures at 40 major U.S. airports, pushing cancellations beyond 1,000 and delays past 4,000 in a single day; officials warn the cap will reach 10 % by next week (transcripts.cnn.com). History…