ING highlights that investment funds in TTF gas remain relatively relaxed despite LNG supply disruptions in the Middle East. The bank notes that speculative accounts reduced length but still hold a sizeable net long position, which they argue leaves considerable upside risk for TTF prices if LNG flows through the…
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BNY’s Geoff Yu highlights that the ECB is heading into its blackout period with a rate hike effectively locked in, as Eurozone households’ 12‑month inflation expectations remain above 3%. However, he warns against treating this as a repeat of 2022, stressing that services PMIs show contracting demand and that households are already tightening via weaker consumption.Households tighten as ECB prepares”The ECB enters its pre-decision blackout period today.””Given that anchoring inflation expectations is central to the…
Gold prices rose in India on Thursday, according to data compiled by FXStreet.The price for…
Russia has been plagued for years by friendly-fire incidents with its glide bombs, showing flaws…
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Nearly two and a half years ago, in January 2024, I crammed my most essential belongings into three suitcases and left behind the only life I have ever known to start a new one halfway across the world, in Paris.Jaded by corporate America and wanting a change of environment, I…
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Ford Motor Co. and outdoor apparel brand Filson unveiled the first-ever Bronco Filson on Wednesday, a premium off-road SUV designed for outdoor enthusiasts. The new model brings together Bronco and the Seattle-based outfitter, known for its durable outdoor gear. The Bronco Filson combines a specially tuned 3.0-liter EcoBoost V6 engine,…
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Uber is laying off nearly a quarter of its People and Places staff — but not because of AI, the company said.The department oversees teams from human resources to recruitment. The job cuts amount to less than 1% of Uber’s global workforce of 34,000 employees, a spokesperson said.The layoffs come…
