A daily market update from FS Insight — what you need to know ahead of opening bell

"Tact is the art of making a point without making an enemy." — Isaac Newton

Overnight

Lord Cameron: U.K. not echoing Washington’s threat to halt arms supplies to Israel over its operations in Gaza (TI)

Turkey’s central bank says inflation will peak at 75% but raises year-end forecast (BBG)

Emerging market junk bonds are top performers in sovereign debt markets (FT)

Head of PR at Baidu creates own PR crisis by calling for employees who can do 50 straight days of business travel at her side; “I’m not your mom. I only care about results.” (FT)

Europe must close productivity gap with U.S. to lift growth, says Riksbank chief (FT)

Spanish lender BBVA draws rebuke from the country’s government after launching a hostile bid for domestic rival Banco Sabadell (FT)

Resignation agencies are proliferating in Japan, allowing employees to forgo the negative experience of quitting (FT)

Hedge fund boss Paul Marshall loses case over 2,364 silver bars salvaged by his company Argentum from WWII wreck (FT)

Investors lose enthusiasm for Opportunity Zones (FT)

Silver Lake shifts focus back to big takeovers after seeing smaller investments made during...

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