US made detailed preparations for potential ground troops in Iran – report
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US made detailed preparations for potential ground troops in Iran – report

Pentagon officials have made detailed preparations for deploying US ground forces into Iran, according to a CBS report. The report says Trump is deliberating whether to position ground forces in the region. “No, I’m not putting troops anywhere,” Trump said yesterday but quickly added: “If I were, I certainly wouldn’t tell you.” I wonder why…

US assessment: Iran could keep Hormuz shut for anywhere from one to six months
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US assessment: Iran could keep Hormuz shut for anywhere from one to six months

CNN is out with a report highlighting the difficulty of reopening the Strait of Hormuz: US officials are furiously trying to avert a potential months-long closure of the Strait of Hormuz, privately acknowledging that reopening the key waterway is a problem without a clear solution The report from the Defense Intelligence Agency said it could…

US stock roll over as Trump commits hiimself to a military reopening of Hormuz
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US stock roll over as Trump commits hiimself to a military reopening of Hormuz

One of the ideas that’s been floating around markets is that Trump just wanted to dramatically degrade Iran’s military, it’s nuclear program and its ability to make missiles. Once that was done, he would declare victory and leave it to Europe and gulf states on how to open the Strait of Hormuz. It was never…

Feds Waller: If oil stays high for months on end, at some point it bleeds into inflation
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Feds Waller: If oil stays high for months on end, at some point it bleeds into inflation

If oil stays high for months on and at some point it leads into core inflation. A high and persistent oil shock would not have a transitory impact on inflation. Based on the jobs report was planning to dissent, but since then inflation has become more of a concern Zero job growth does not seem…

Canada January retail sales +1.1% vs +1.5% expected
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Canada January retail sales +1.1% vs +1.5% expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Canada February producer price index +0.4% m/m vs +1.1% expected
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Canada February producer price index +0.4% m/m vs +1.1% expected

Prior was +2.7% (revised to +2.8%) PPI y/y +5.4% vs +5.4% prior Raw materials price index +0.6% m/m vs +7.7% prior Raw materials price index +8.6% y/y vs +8.0% prior Normally, the Bank of Canada would give a lower reading like this some attention but with energy prices spiking, that won’t be the case this…

HFM AND ARSENAL ANNOUNCE MULTI-YEAR, GLOBAL PARTNERSHIP
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HFM AND ARSENAL ANNOUNCE MULTI-YEAR, GLOBAL PARTNERSHIP

HFM, a leading online trading platform, today announces a new multi-year partnership with Arsenal, becoming an Official Global Partner of the club. Signing: E. Mesis (HFM CMO) and J. Slot (Arsenal CCO) The agreement brings together two international brands defined by performance and ambition, united by a shared commitment to long-term success. As HFM continues…

New Zealand February trade deficit narrows, exports and imports both beat expectations
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New Zealand February trade deficit narrows, exports and imports both beat expectations

RBNZ will introduce media briefings after every policy review from April, with the April 8 meeting first. The change closes the gap between quarterly press conferences and interim decisions, increasing transparency and market sensitivity. investingLive Exclusive 22s ago

Americas market news wrap: Big market moves in oil, gold and FX
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Americas market news wrap: Big market moves in oil, gold and FX

Markets: WTI crude oil down $1.01 to $94.45 Brent crude up 30-cents to $107.86 after touching $119.13 Gold down $159 to $4658 US 10-year yields flat at 4.25% JPY leads, CAD lags S&P 500 down 18 points to 6606 It was a wild day in markets, one of the craziest ones yet since the war….

US won’t implement a crude export ban – report
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US won’t implement a crude export ban – report

One option for Trump to get energy prices down domestically would be to implement an export ban. Politico reports: The White House will not implement a crude export ban, and told oil executives as much at this morning’s meeting with API, per an admin official who participated in the meeting. HFI Research illustrates some of…

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