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Oil’s Battered Shock Absorbers Risk Price Spike as War Returns

Oil’s Battered Shock Absorbers Risk Price Spike as War Returns

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(Bloomberg) — Global oil markets have been spared an extreme squeeze during the first phase of the Iran war, but renewed fighting is bringing with it greater risk of a price spike in a world where supply buffers have been worn perilously thin.  Read More

5 big analyst AI moves: Apple upgraded as HSBC flags ’operational turning point’

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Tesla stock: How much does an improved auto business matter?

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UFC Names Meridian Holdings Official Sponsor of Fight Night Belgrade

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Forward-Looking Statements Read More

Thousands Of Trucks Haul Iraq’s Oil Through Syria In Sign Of Hormuz Legacy

Thousands Of Trucks Haul Iraq’s Oil Through Syria In Sign Of Hormuz Legacy

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(Bloomberg) — Iraq is using a vast fleet of trucks to carry fuel oil through Syria and reroute flows away from the Strait of Hormuz, rapidly transforming its neighbor into the Middle East’s top export hub. Read More

Argentina Oil-Boom Province to Pitch First US Bond Since 2017

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(Bloomberg) — Argentina’s Neuquen province will pitch foreign investors in New York on its first new international bond in nearly a decade as the local government reaps the rewards of a shale oil boom, according to two people with direct knowledge of the matter.  Read More

Picton Mahoney Asset Management Announces Monthly Distribution for PICTON Long Short Income Alternative Fund Exchange Traded Fund Units, PICTON Credit Opportunities Alternative Fund Exchange Traded Fund Units, PICTON Core Bond Fund Exchange Traded Fund Units, PICTON Multi-Strategy Alpha Alternative Fund Exchange Traded Fund Units and PICTON Investment Grade Alternative Fund Exchange Traded Fund Units

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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports

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Fed’s Schmid Says More Cuts Could Drive Inflation Pressures

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(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More

US Weekly Highlight

Friday July 24:
Services PMI Flash – July
Manufacturing Flash – July
New Home Sales – June

Canada Weekly Highlight

Monday July 20:
CPI – June
Core CPI – June

Thursday July 23:
Retail Sales – May
Core Retail Sales – May

Friday July 24:
PPI – June
Core PPI – June

Rest of the world Weekly Highlight

Wednesday July 22:
UK – CPI – June

Thursday July 23:
EU – ECB Interest Rate Decision

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