Iran says there have been no airstrikes, only shot-down quad-coptersJapan March core CPI 2.6% y/y vs. 2.6% expectedIsrael downgraded to A+ by S&PFed’s Bostic: The economy is slowing down but slowing down slowlyFed’s Kashkari: Once inflation is headed back to 2%, the Fed can cutNetflix reports revenue of $9.37 billion vs $9.27 billion expected. Shares […]
From the way Iran is going about playing down the strikes, that is expected. Meanwhile, Iran’s senior commander is out saying that “there was no damage” caused by the strikes. And that continues with the rhetoric that they are continuing to play down any response to the matter. This article was written by Justin Low […]
Isfahan was said to be a target of the multiple strikes by Israel earlier here. But Iran’s modus operandi seems to be clear, that is to play down everything related to that. This echoes the same message from earlier: Iran says there have been no airstrikes, only shot-down quadcopters This article was written by Justin […]
Just when you thought markets would begin putting this episode behind, the barrage of headlines just had to hit right on a Friday. It is reported that Israel made multiple strikes earlier here but Iran has been playing that down in response. It’s shaping up to be a case of Iran saying there’s nothing to […]
In any case, the focus at the moment is more on the broader market mood. Risk sentiment was rocked earlier by news of Israel striking Iran. But we’re seeing those fears fade slightly after Iran played that all down and doesn’t seem interested to retaliate. Still, this is all coming just before the weekend. And […]
There are some early — but clear — signs that Iran (or at least some parts of Iran) don’t want to escalate this fight further. Given the murmurs out of Israel, they can’t be shocked at another strike. That said, the strike appears to be limited to one military site and there are no reports […]
I don’t know about quality of this translation and I’m sure Iran doesn’t have a space agency but it looks like Iran is going to try to take the win here. That said, a separate (unconfirmed) report is out there with some tough words from the IRGC about nuclear sites. That said, it doesn’t look […]
Watching this unfold in real time, I’ve been amazed at how slowly this has all be disseminated. These tweets from two of the biggest news services are literally an hour after we first started reporting on this attack. I think the slow reporting has something to do with the slow legs down in the market. […]
Now we know why US equities took a dive midday. Bloomberg’s Jennifer Jacobs reports that Israeli officials notified the US earlier today they planned to retaliate in the next 24-48 hours, citing sources. I’m going to guess the notice was given right around 11 am New York time: This article was written by Adam Button […]