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Top Overnight News
Oil fluctuated in jittery trading, as Saudi Arabia cut prices of its benchmark grade to Asia, the kingdom’s state producer warned about the risk of low stockpiles and as fighting in Yemen intensified: BBG
Yemen’s internationally recognized government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia: BBG
Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the overwhelming favorite to win the runoff and take Latin America’s biggest economy sharply to the right: BBG
The euro fell to its weakest level since May 2025, as France’s deepening fiscal crisis and the prospect of fresh political upheaval in the region rattled European markets: BBG
Spanish PM Sanchez gambles on snap election to end parliament deadlock: BBG
Democrats Inch Into Red Territory, but Have Problems on Home Turf: WSJ
Intel stock slides as TSMC explores Terafab tie-up, analyst flags share losses: RTRS
Savills’ Prime London index is down about 27% since its peak in 2014, as a cocktail of taxes, political and economic shocks have created more than a decade of misery for the owners of the city’s finest homes. When combined with the consumer price index, the real-terms drop is more than 49%: BBG
US goes into midterm elections with a less dynamic form of full employment: RTRS
US Senators Warren (D) and Hawley (R) are reportedly beginning a probe into how home and auto insurers process claims: WSJ.
US Army tests counter-drone tech at Mexican border as cartel drone use rises: RTRS
All B-1 Bombers Returning to U.S. From U.K. Base: WSJ
Bank Stocks Are Haunted by the Ghosts of 2023: WSJ
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