WTI Rallies After Big Crude Draw; Biden Admin Drains SPR For 13th Week In A Row https://www.zerohedge.com/energy/wti-rallies-after-big-crude-draw-biden-admin-drains-spr-13th-week-row
BOOM: Crude -9.603MM, Exp. -1.5MM Gasoline 0.603MM Distillates 0.123MM Cushing +1.209MM Production unch 12.0mmb/d SPR drain another 1.4MM, 13th week in a row of strategic political reserve drainage
Ueda: stock prices have been rising very sharply Well, maybe stop the implosion in the JPY then...
CISA Tried To Cover Up Domestic Censorship, Big Tech Collusion: House Report https://www.zerohedge.com/political/cisa-tried-cover-domestic-censorship-big-tech-collusion-house-report
*POWELL: RESPONSE RATES TO DATA HAVE DROPPED, ARE MORE VOLATILE translation: all the jobs data is BS
Will be funny if BOJ has to intervene in USDJPY while Ueda is speaking
Ueda, whose BOJ owns more than 100% of Japan's GDP in JGBs and who is still at 0% despite the highest inflation in 40 years , asked if other central banks are overtightening: https://twitter.com/zerohedge/status/1674056452061773829/photo/1
*LAGARDE: PMI DATA DON'T GIVE HOPE OF STRONG GDP RECOVERY
Eisen: "Do you guys coordinate" Lagarde: "Of course we do" https://twitter.com/zerohedge/status/1674054198285967361/photo/1
After Ukraine Failed To Capitalize On Wagner Turmoil, US Sends $500 Million More In Weapons https://www.zerohedge.com/military/after-ukraine-failed-capitalize-wagner-turmoil-us-sends-500-million-more-weapons
*POWELL REPEATS MOST POLICY MAKERS EXPECT 2 MORE HIKES THIS YR And market reacts as if he hasn't said this 3 times already in the past 2 weeks
Powell asked why didn't you hike in June if you will be hiking in July anyway
INTC down more than NVDA on NVDA negative news
ES Liquidity vs realized vol https://twitter.com/zerohedge/status/1674050460808884224/photo/1
North And South https://www.zerohedge.com/markets/north-and-south
*SEMICONDUCTOR INDEX FALLS 1.5% AT OPEN; NVIDIA DOWN 2.9%
RT @spotgamma: As news of a possible china chip ban hits the tape its interesting to see that many of these AI names seem to have no put p…
Watch Live: Powell Speaks At The ECB Sintra Forum https://www.zerohedge.com/markets/watch-powell-speaks-live-ecb-sintra-forum