French soccer champion Kylian Mbappé has told CNBC he was ready for “change” after ending an almost 20-year association with Nike and entering a deal with Swiss sportswear brand On.
Remember what happened when he left PSG ? Time to come back on Nike stock ??? The stock down -77% over the last 5 years...
Bolsonaro now has the highest odds of winning the upcoming Brazil elections by a considerable margin
Source: Polymarkets
In case you missed it... France vows to cut its deficit to 5% of GDP in 2027 after missing the 2026 target.
A €54bn savings drive looks ambitious with growth at just 0.5% and parliament deeply split. Markets show the credibility gap: 10y OATs yield ~97bps more than Bunds; near Euro-crisis highs. Source: HolgerZ, Bloomberg
The Turkish lira hit a new all time low against USD almost daily over past year, 219 out of 260 trading days.
Source: Bull Theory
No surprise...
President Trump says the Fed should have cut interest rates to 1% or lower and says the US is “carrying” countries with which it runs trade deficits.
Every major government bond market is selling off at once.
Japan's 10-year just hit 3% for the first time this century. US yields are the highest since 2007, the UK since 2008, Germany since 2011. Source: Kurt S. Altrichter, CRPS
Dubai: Traffic "near DIFC recovered to about 90% of pre-war levels before slipping in August during the school break"
"The rebound was slightly more muted around Palm Jumeirah and Dubai Marina, likely because those areas are more dependent on tourism" Source: Ziad Daoud
Leopold Aschenbrenner bought options positions in these companies last week
Source: Stocktwits
