Global Daily
Global Daily: Trading playbooks
The advancement of one of China’s AI models, Kimi, has sharpened attention on the latest US plans to counter China’s growing AI challenge.
Global Daily: It's the 70s! It's the 80s! It's the 90s!
With Brent oil over $90 this morning (now $89) and crack spreads near $70, so diesel is around $160 in effective terms, energy markets are far from comfortable.
Global Daily: To govern is to choose
Today, Andy Burnham will formally be confirmed as Labour leader. Barring any last-minute surprises, he will become prime minister on Monday.
Global Daily: ""We have the tools/tolls to do it."
Warsh, war, good CPI, bad trade data. Let's stop and Hor-muse for a moment on what is and isn't going on.
Global Daily: Duck hunt
Iran and the US traded more fire over the weekend, and the scope of the missile and drone strikes was wider than the violations of the ceasefire to date.
Global Daily: No takers (nor tankers)
Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June.