It is the 18th of July 2018

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Watch: Hawaiian 'Lava Bomb' Creates "Chaos", "Terror" As It Smashes Into Sightseeing Boat

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  • 3 hours, 21 minutes ago
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We've already reported on just how dangerous so-called "lava bombs" - solid pieces of debris that are ejected from active volcanoes - can be as the ongoing eruption of Hawaii's Mt. Kilauea has threatened the lives of nearby residents, forcing them to flee. One man even suffered a broken leg after being struck by a seemingly small (but powerful) piece of debris. The latest close call unfolded on Monday, when a volcanic explosion sent a basketball-sized "lava bomb" crashing through the canopy of a tourist boat. It exploded, showering passengers with molten rock, according to the Hawaii County Civil Defense Agency.

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Russia Liquidates Its US Treasury Holdings

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  • 3 hours, 59 minutes ago
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Last month we showed that as Trade Wars began in April, the world's central banks and other official institutions dumped more Treasuries than in any month since January 2016, some $48.3BN, perhaps over concerns of others selling first, and precipitating a sharp move higher in yields. Fast forward one month later to May, when according to the latest just released Treasury International Capital (TIC) update, in May the selling of Treasurys by official entities continued, with another $24BN sold in the month of May, when yields continued to rise and eventually hit the 2018 highs of 3.11%.

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Analyst Writes Open Letter To Musk: Stop Tweeting And Apologize

Infamous tech analyst Gene Munster, of Loup Ventures, has had enough with Elon Musk...

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WTI Drops After Surprise Crude Build

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  • 4 hours, 19 minutes ago
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Oil prices rebounded to unchanged intraday on hopes that tonight's API data would show a notable draw and recover the momentum in energy markets. However, WTI dropped as API reported a surprised crude build of 629k (exp was a 4.1mm draw).

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