top of page

CHINA trade surplus UP big in '25/ 'Debasement': metals UP still / Trump vs FED, Iran, Greenland, Ven, China..

  • Writer: Stéphan
    Stéphan
  • 15 hours ago
  • 4 min read

  • Markets : USD vs JPY spread divergence (currency vs yields), many confused, see chart-Thread below, yields up & currency down, classic EMG style disaster..!..no wonder wiht 250% DEBT/GDP... (till BoJ intervenes, maybe), the divergence is epic! and MP Takaichi likely to call Feb election, U.S CPI in-line at 2.7% (MORE important is PCE which is trending UP! thread), Powell battles with Trump (how about Powell stays for another term !! that would be quite something, as expected!..Venezuela is a nightmare for Trump too-Thread below, how can CHINA (customs) trade surplus be UP by $200bn (all amid a trade war with the U.S :..surplus with europe..) >>> previous, base metals, commods higher 'what else''.. !!..equity totally unbothered (BONDS super quiet-steady for now anyway), JGB's 30y 3.53% that's the worry #duration, currencies pretty steady too by default though JPY softer, the basket case

  • Geopolitics : Trump urges Iran protesters to persist as death toll rises (does he have a plan !!?), Greenland PM sides with Danemark and Europe (Trump unhappy-again), Putin launches massive missile and drone attack on UKR again, "The world until recently believed that US-China decoupling was on the way. It turns out that most countries are now scrambling to de-risk from America."-FT #USD, SpaceX engineers are working around the clock to bypass Starlink jamming by the Iranian regime

  • Trade : China’s trade surplus swelled to $1.2 trillion in 2025 as exports increased 6.6% last month, more than double the median estimate! (CNH can head higher..),

  • Captured Venezuelan tanker Bella 1 was found to be carrying Iranian drones and large sums of cash, British naval fleet has received the green light to seize ships in the waters of the Atlantic and the English Channel

  • France has opened applications for a voluntary 10-month national service for young people. “From drone operator to baker… nursing assistant, cyber defender.”

  • Spanish police seize record 10 tonnes ! of cocaina! hidden in salt shipment

  • The dark fleet of tankers shipping illicit oil is rushing to seek the perceived protection of the Russian flag after the US seized vessels involved in the Venezuelan trade. At least 26 ships switched registration to Russia since the start of December, Starboard Maritime Intelligence data showed

  • Japanese PM Sanae Takaichi announces that Japan has discovered over 500 trillion yen worth of rare earth #RARE >> less reliant on China..


















The DEA, UK, France, Portugal, and Brazil all helped.










 
 
 

Comments

bottom of page