Category: Uncategorized

Evening Analysis – The Gist Tehran’s surprise admission that “no uranium is being enriched anywhere in Iran” marks the first full-scale shutdown of its centrifuges since Israel-US strikes in June. Reuters confirms Foreign Minister Araqchi’s statement that talks will resume only on “equal and fair” terms (reuters.com). AP notes that the halt stems from damage…

Morning Intelligence – The Gist Britain’s Labour government has unveiled the sharpest asylum reset in a generation: automatic housing and cash support will end, refugee status lasts just 30 months, and permanent settlement slips from 5 to 20 years. Ministers justify the pivot by citing a record 111,000 claims in the year to June 2025…

Evening Analysis – The Gist China’s outsized pavilion at COP30 tells the story: with Washington ditching the summit for the first time in three decades, Beijing is seizing the diplomatic microphone. Executives from CATL to BYD flaunted green tech while negotiators parried over a fossil-fuel “phase-out” that Brazil now threatens to silo into side-talks. The…

Morning Intelligence – The Gist A one-day tremor rippled from Seoul to London as equities finally balked at sky-high AI valuations and fading hopes for a December Fed cut. Seoul’s Kospi dived 3.8 %, Europe’s Stoxx 600 lost 1 %, while the Nasdaq swung from −1.6 % to barely positive after panic buyers stepped in.…

Evening Analysis – The Gist U.S. and Asian bourses just reminded us how delicately the AI-fueled rally rests on central-bank psychology. A 4-plus-percent slide in South Korea’s Kospi and 3 % drops in Tokyo and London (reuters.com) bled into Wall Street before Nvidia’s intraday flip turned the S&P 500 positive. Yet equity inflows collapsed 80…

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.…