CPI came hot ...

No surprise there .. market drops about 1p .. no worries there .. but the cause of inflation so far is mainly crude and diesel.. so it's all Trump did poking iran where he had no business .. tariffs w/o congress approval .. SC slashed them ..  anyway, dems get the house, at least and put a check on him and life becomes a bit normal.

Trump does a deal with Putin for Diesel ...

Simply a lol moment .. nothing else to add ..!

wide gap is happening bet paper crude and physical delivery ...

delivery/physical crude is about $30 higher than the paper / futures ..

exact opposite phenomenon to what occurred during Covid when crude futures went negative to -35.

shouldn't Sarah Fryer! be fired ..?

a 3rd of openAI projected revenue just got wiped out ... taking markets lower ..!

lower crude & low NFP caused ...

drop in yields to 5.16p

there is no word in Hindi for divorce ...

a marriage is called as Vivah Sanskar .. in fact the saat phera as part of the ceremony has 7 commitments made by the bride (3) and groom (4) - well defined set of commitments by both and there is no undo ... the closest alternative is Parityag ..!

treas. rates rising ...

a consequence of holding the rates lower for longer ... and now inflation is not getting under control anytime soon .. so where does it impact first .. let's with private equity .. & for them the capital was very much at no cost until now ..!