Geopolitics is full swing / New US & UK sanctions on Russia metals / All SPX sectors down last week as USD has largest weekly gain since Sep '23 / USDJPY new highs

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

The G7 communiqué on the Iranian attack on Israel. Some strong words against Tehran, but also, between the lines, it is imploring Israel not to retaliate >>> one bit of news that few talking about is fact that few hours before the launch of the attack, the IRGC seized an israeli ship that was crossing the Strait of Hormuz, what Iran said was that they wanted to do is bring the world economy to its knees (by closing Strait of Hormuz, the missiles were just a distraction..maybe..). Nearly 40% of all oil trade in the world passes the Strait..!

Aluminum surged by a record on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of Russian supplies produced after midnight on Friday.

Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol, Tesla (TSLA) is rumored to be preparing a massive round of layoffs

Interview :Jean-Claude Biver on Swiss Watches, Cheese and UBS

Emerging Market Stocks are trading at 50-year lows against U.S. Stocks (BofA)

Iran oil output has risen to a 5 ½-year high as the US didn’t enforce sanctions. “If Biden resumes enforcing the sanctions, it could tighten the market significantly […] I’m dubious Biden would take that course of action”

Every S&P 500 Sector declined last week. That's the first time that's happened since September 2023, as USDollar scores the largest weekly gain since Sep 2022

Goldman Sachs raises its year-end gold forecast to $2,700, from $2,300 previously

Markets update : play defence, USD higher is a sign, all SPX sectors down is another, not a coincidence, markets will come to you and bring opportunities, commodities clearly continue to be the big play/rotation, geopolitics cannot be ignored anymore, Strait of #Hormuz definitely 'a big' key for world economy