The Impact of Iran’s Oil and Gas on U.S. Military Strategies Regarding China
The role of Iran’s oil and gas in US war plans against China The United States and Israel are on the brink of war with Iran. While the Biden administration has publicly stated that it does not want “escalation,” it has made clear that it will support Israel regardless of what Netanyahu does. Nearly every […]
Malaysia Challenges Chinese Patrols to Boost Oil and Gas Drilling in the South China Sea: Report
Malaysia defies China’s patrols to expand South China Sea oil, gas drilling: report Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report. Short-range coastal tracking data show […]
US Futures Rise on Positive Fed Commentary and Chinese Stimulus Measures
US stocks inched up before the bell on Tuesday, poised to pick up on a winning streak as pro-rate-cut Fedspeak and China’s launch of aggressive stimulus lifted market spirits. Dow Jones Industrial Average futures (YM=F) rose roughly 0.1%, while S&P 500 futures (ES=F) edged above the flatline on the heels of a record close. The […]
Asian Stocks and European Futures Rise Following PBOC Stimulus: Market Summary
(Bloomberg) — European stocks are set to open higher after Asian peers rallied on a slew of stimulus measures announced by China’s central bank to shore up economic growth and stem a selloff in the equity market. Most Read from Bloomberg Contracts for the Euro Stoxx 50 climbed 0.5% as MSCI’s Asia Pacific gauge headed […]
Tesla stock jumps as optimism grows around Q3 earnings and ‘robotaxi day’
Tesla stock surges amid optimism on Q3 earnings, ‘robotaxi day’ October is set to be a critical month for Tesla[/hotlink]. It’s been a rough year for the EV maker’s stock, but a new optimism related to next week’s Q3 earnings release helped drive shares up 5% on Monday, erasing their previous year-to-date losses. The recent […]
China Considers Stock Stability Fund and Releases $113 Billion from PBOC
(Bloomberg) — China is weighing plans for a stock stabilization fund, and will unleash at least 800 billion yuan ($113 billion) of initial liquidity support for its beleaguered equity market. Mainland and Hong Kong shares jumped. Most Read from Bloomberg The People’s Bank of China will set up a swap facility allowing securities firms, funds […]
Tactical Resources Strengthens Position Amid Rare Earth
Tactical Resources Corp. (TSXV: RARE) has provided a corporate update regarding its Peak Project in response to recent shifts in the global rare earth elements (REE) supply chain due to China’s regulatory changes. The company aims to reduce reliance on Chinese exports by developing its U.S.-based REE resources. Tactical Resources’ Peak Project, strategically located near […]
Beyond the U.S. Election: Navigating Stagflation, Commodity Trends, China, and Beyond
Looking Past the U.S. Election: Continuing Stagflation…Commodities…China…and More Today, we mark summer’s unofficial end. I guess I am getting older, as this one flew by faster than any summer of my life! We’ll be up north a bit longer still, but looking past that, I’ll be weaving my way back home by mid-month (with possibly […]