Few could argue with U.S. President Donald Trump’s key objective in launching ‘Operation Epic Fury’ against Iran on 28 February -- to prevent Iran from ever being able to develop a nuclear weapon. All members of his Cabinet fully backed this aim at the time, as they did the other three: to effect regime change, to critically degrade Iran’s ballistic missile capability, and to neutralise the…
TD Securities expects September PCE data to confirm elevated US inflation pressures. Core PCE is forecast at 0.32% m/m and 3.1% y/y, with market‑based core PCE at 0.34%.
Poland’s zloty slumped to the weakest level in nearly three years in a deepening selloff that’s been fueled by investors retreating from risky assets and a conflict between the government and the…
