FabrikaCr/iStock via Getty Images By Michiel Tukker and Benjamin Schroeder Risk sentiment looking through surge in oil prices already Sentiment remains in a very optimistic mood and already seems willing to look through the latest setbacks in Iran. This week’s oil spike initially triggered some volatility in risk assets, but we see European government bond spreads tighter again, and the VIX is als...
FabrikaCr/iStock via Getty Images By Michiel Tukker and Benjamin Schroeder Risk sentiment looking through surge in oil prices already Sentiment remains in a very optimistic mood and already seems willing to look through the latest setbacks in Iran. This week’s oil spike initially triggered some volatility in risk assets, but we see European government bond spreads tighter again, and the VIX is also practically back to where it was before. Despite a nudge lower, oil prices still remain significantly higher than before, but this doesn’t seem to change the broader market outlook. Markets’ inflation expectations also remain higher than at the start of the week as rates are following the standard playbook. Oil prices are directly linked to near-term inflation expectations and are thereby adding to the upward pressure on nominal rates, especially at the front end of the curve. We're bracing for more volatility going forward as oil prices react to new geopolitical developments. If anything, the risk seems tilted to the upside, because as long as the Strait of Hormuz remains under threat, supply constraints will start to intensify. An important question is whether growth indicators will also react to the latest moves in oil. From an inflation perspective, the pass-through is obvious, but this time round, business sentiment might not be as sensitive to the latest headlines. If PMIs, for example, manage to continue recovering, then that would add to the upward pressure on rates. In effect, that would reassure European Central Bank members that taking a more hawkish approach may not be as damaging. More effort needed to not have Bunds safe haven status challenged While markets saw a brief risk-off moment, a common hedge for such a scenario has not performed well. At least away from the front end, Bunds initially even cheapened versus swaps, with the switch to a new benchmark also muddying the picture somewhat. Since the start of the month, the news flow around Germany itself h...
Wirestock/iStock Editorial via Getty Images Volkswagen AG ( VWAGY ) has been planning a drastic reduction of its vehicle portfolio and manufacturing capacity as part of a far-reaching operational overhaul that source-based reports indicate could impact up to 100,000 jobs, Reuters reported . Following a critical supervisory board meeting on July 9, 2026, the Executive Board of the Volkswagen Group ...
Wirestock/iStock Editorial via Getty Images Volkswagen AG ( VWAGY ) has been planning a drastic reduction of its vehicle portfolio and manufacturing capacity as part of a far-reaching operational overhaul that source-based reports indicate could impact up to 100,000 jobs, Reuters reported . Following a critical supervisory board meeting on July 9, 2026, the Executive Board of the Volkswagen Group presented its comprehensive 2030 "future plan" to the Supervisory Board. The 12-initiative structural realignment is designed to aggressively counter worsening geopolitical tensions, tariff-driven cost increases, and intensifying global competition. Under the newly formalized strategic pillars, Europe’s largest automaker will gradually streamline its global vehicle model lineup by up to 50% to focus exclusively on highly profitable, high-margin market segments. Concurrently, available equipment options and vehicle variants will be slashed by up to 75% to drastically reduce offering complexity. To align its production network with shifting global market demand, the group will reduce global manufacturing capacity to 9 million vehicles annually, a step down from its current 10 million unit capacity. Technologically, the group will harmonize its software landscapes, electronic architectures, and platforms between the Eastern and Western hemispheres to eradicate redundant parallel engineering structures. Management noted that despite overcoming significant financial challenges to achieve EV leadership in Europe, top market status in China, and a 10-year market share high in South America, previous cost-cutting measures are inadequate for current macroeconomic conditions. "The global situation has continued to deteriorate over the past twelve months," Volkswagen CEO Oliver Blume said. "That is why we are acting now." "We must fundamentally realign our business model and achieve structural, sustainable improvements," stated Arno Antlitz, CFO and COO of Volkswagen Group. "We can o...
Beijing has signalled unyielding conviction in its latest action plan to peak emissions within five years, as the world’s largest producer of greenhouse gases vows to bolster nuclear and green offerings while ensuring energy security for the economy and burgeoning artificial intelligence sector. The State Council, China’s cabinet, on Thursday released a five-year plan as the mission to peak its ca...
Beijing has signalled unyielding conviction in its latest action plan to peak emissions within five years, as the world’s largest producer of greenhouse gases vows to bolster nuclear and green offerings while ensuring energy security for the economy and burgeoning artificial intelligence sector. The State Council, China’s cabinet, on Thursday released a five-year plan as the mission to peak its carbon dioxide emissions by 2030 enters a crucial execution period. The timeline, ultimately aimed at...
Yimutian ( YMT ) said Nasdaq has approved its request to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market. The company has until Sep 29, 2026, to regain compliance with the $1.00 minimum bid price requirement and until Sep 30, 2026, to meet the $2.5M stockholders' equity requirement to maintain its Nasdaq listing. More on Yimutian Inc. Most and least shorted communic...
Yimutian ( YMT ) said Nasdaq has approved its request to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market. The company has until Sep 29, 2026, to regain compliance with the $1.00 minimum bid price requirement and until Sep 30, 2026, to meet the $2.5M stockholders' equity requirement to maintain its Nasdaq listing. More on Yimutian Inc. Most and least shorted communications services stocks with up to $2B market cap as of end-April Yimutian plans 15-for-1 ADS reverse split after Nasdaq bid price notice Financial information for Yimutian Inc.
⚽ All the latest news as the quarter-finals continue ⚽ Player guide | Bracketology | Golden Boot | Email us Quotes here from both managers – Didier Deschamps and Mohamed Ouahbi – after France’s victory. Plenty of praise from the Morocco boss. Kylian Mbappé: Despite scoring the opener against Morocco and playing a big role in the second, there was some concern when Mbappé was taken off with 13 minu...
⚽ All the latest news as the quarter-finals continue ⚽ Player guide | Bracketology | Golden Boot | Email us Quotes here from both managers – Didier Deschamps and Mohamed Ouahbi – after France’s victory. Plenty of praise from the Morocco boss. Kylian Mbappé: Despite scoring the opener against Morocco and playing a big role in the second, there was some concern when Mbappé was taken off with 13 minutes remaining. Continue reading...
(Wren Cathedral) Inspired by communal Hebridean Gaelic song and ceremonial music, these reels and ballads reveal the fascinating proximity of post-rock and folk rock A thick, distant rumble, the metallic sheen of an accordion drone and a woman singing a traditional Gaelic lament for the dead: these open Keening, the first track on the most fascinating folk-adjacent set of the summer. Wild Gods is ...
(Wren Cathedral) Inspired by communal Hebridean Gaelic song and ceremonial music, these reels and ballads reveal the fascinating proximity of post-rock and folk rock A thick, distant rumble, the metallic sheen of an accordion drone and a woman singing a traditional Gaelic lament for the dead: these open Keening, the first track on the most fascinating folk-adjacent set of the summer. Wild Gods is a new project from Argyll’s Jamie Livingstone, a regular collaborator with the Scottish electronic producer Barry Can’t Swim. This release is inspired by the waulking songs of the Hebrides: communal songs traditionally sung by women as they beat and softened tweed before mechanisation transformed the industry’s rhythms. With Gaelic archival recordings and melodies rooted in Celtic ceremonial music also being stirred into this bubbling brew, these eight tracks reveal the occasional, fascinating proximity between post-rock and folk-rock. After Keening, 10-minute Carlene’s Pin marries Susannah Stark’s gorgeous Gaelic vocals to clanging Bad Seeds guitars, folk fiddle, and a bassline recalling Godspeed You! Black Emperor at their most defiantly uncheery. Rest and Be Thankful, named after both a classic Scottish reel and a famous A83 viewpoint where couples are known to meet to have sex, is deliberately built up as a tender ballad, before moments of joyous folk dance strut and erupt; a shimmering interlude follows. Ortha, named after a Celtic incantation, reflects another of Livingstone’s inspirations: a transformative ayahuasca experience. Continue reading...
Dozens of scientists and experts have left the United States and Britain to pursue their careers in China this year, citing several reasons including insufficient funding and a lack of opportunities for Chinese academics to lead projects in the West. We have put together ten of them whose stories resonated with our readers. If you would like to see more of our reporting, please consider subscribin...
Dozens of scientists and experts have left the United States and Britain to pursue their careers in China this year, citing several reasons including insufficient funding and a lack of opportunities for Chinese academics to lead projects in the West. We have put together ten of them whose stories resonated with our readers. If you would like to see more of our reporting, please consider subscribing. 1. ‘Impossible for Chinese’: Yale scientist Zhang Kai leaves US for China For Zhang Kai, a...
Embotelladora Andina (AKO.B) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Embotelladora Andina (AKO.B) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Is She Going To Eat It? Authored by Steve Watson via Modernity News , Migrants continue to treat Britain's streets, parks, and waterways like a personal hunting ground, with fresh footage exposing the grim reality of unchecked mass immigration. A disturbing new video circulating on X shows a woman - widely identified in comments as a migrant - seemingly actively hunting birds. She uses a sheet to ...
Is She Going To Eat It? Authored by Steve Watson via Modernity News , Migrants continue to treat Britain's streets, parks, and waterways like a personal hunting ground, with fresh footage exposing the grim reality of unchecked mass immigration. A disturbing new video circulating on X shows a woman - widely identified in comments as a migrant - seemingly actively hunting birds. She uses a sheet to capture a seagull perched on a gate or property edge. After securing the bird, she looks around for more prey, scanning the area as if on a deliberate hunt. I DONT WANT PEOPLE LIKE THIS IN MY COUNTRY pic.twitter.com/HZCiZ8mBiI — WeGotitBack ??????????? (@NotFarLeftAtAll) July 9, 2026 When locals spot her and begin filming while questioning what she is doing with the bird, she gestures dismissively - as if to say "what's your problem?" and implying this is totally normal behaviour and none of their business. The clip has sparked widespread outrage, with many slamming the trespass and illegal taking of wildlife. This is sick. We don't want this barbaric and cruel shit in our country! — Nicola Beaumont. ? (@PsychBeaulogy) July 8, 2026 ALL gulls (commonly called seagulls) are fully protected in Britain by the Wildlife and Countryside Act 1981, making it illegal to kill, injure, or handle them, or to destroy their active nests and eggs. This woman needs locking up...FOLLOW OUR LAWS OR BOG OFF ???? @BBCNews ... — Nix Randall (@Nixterr1) July 9, 2026 They're eating the birds. They're eating the cats. They actually are. Libtards will defend it. — GMghostmode (@GallowsMemes) July 9, 2026 There have been further suggestions that the woman was actually "rescuing" the bird, but many are not buying that explanation. ? WOMAN WAS RESCUING SEAGULL, NOT STEALING IT A video I shared yesterday of a woman catching a seagull in a blanket, was Not what it looked like, the woman in question was actually concerned for the small seagull after it has fell off the roof previously, as you can see in.....