IAEA chief urges "maximum military restraint to prevent the risk of a nuclear accident"...

It began with an image upload...

Defies Trump amid immense pressure, after US side already scaled back joint exercises...

Tighter financial conditions in the US and globally should soon start weighing on the ISM, posing a headwind for stocks.

Another shock to global energy would then see the potential flip towards renewed concerns around a “Global Growth Shock” and likely sees Low Strike Receivers / Receiver Spreads / Curve Caps go “bid” as market turns it’s focus to the cut cycle into this "hard stop"

"Cheap energy from Russia was the secret of the success of 'Made in Germany'. We need it back." 

"We simply don’t know how to model the endgame. At the onset, we thought we did... Six months later, many of those lines have been crossed, yet the exit strategy is less clear, not more."

Most recently, forty percent of college faculty admitted that they would vote against any Trump supporter seeking an academic position regardless of their scholarship or teaching ability...

"Friday’s two dissenters were appointed by Prime Minister Sanae Takaichi. Two more members are due to leave the board next year. Should their successors come from the reflationist camp, four of the nine Board members would become dovish."

...there is a genuine wall of worry depressing risk appetite.

Treasury says BitBank was used to move hundreds of millions in Bitcoin to the IRGC between June and July...

...capacity utilization was flat...

" ...with many investors preferring to stay on the sidelines until after the midterms."

"Check your status."

“Energy prices and monetary policy expectations will remain the main market drivers until the third-quarter earnings season begins. The US midterm elections will gradually move into the spotlight, especially if leading candidates put forward bold policy proposals.”

Some European buyers are already panicking and rushing to cover the shortfall...