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Crude softer=Fixed Income relief 'rally', USD softer, GOLD higher, USDJPY back lower / UK's Burnham open door to EU

sc0172
9 minutes ago
3 min read

  • Markets : UK won't rejoin (it's impossible really) but will get closer #GBPCHF hiher, Oil Prices and Treasury Yields are now the most correlated in 36 years (chart), Tesla cuts China prices for the 2nd time in 20 days, 'No need for urgency': New York Fed's Williams squashes notion of an October rate hike, Trump Rejects AI Safety Laws After Meeting Industry Titans, Anthropic IPO prospectus lays bare deep dependence on Big Tech partners, France borrowing costs rise as Vanguard warns of degrading credit >>> quarter-end flows all but done, Sep Fixed Income selloff 'overdone' short-term, USD peaks short-term (USDJPY stays offered), GOLD held $4100 where it should have for the bulls, correlation between crude and Fixed income is at all time highs, it IS the kex to inflation and Bonds, #GBP UK Prime Minister says Britain should consider rejoining the EU (they will look-consider all options, clever way to go about it, get people to give theri say, actually a pretty good speech yesterday, oneof the best TBH

  • Iran Condemns Netanyahu’s UAE Visit, Warns of Consequences - Iranians stagger under soaring costs of seven months of war | Iran's leaders may radiate bullishness, but life is becoming ever tougher for ordinary citizens unable to afford basic necessities or rent ​as a US blockade cuts oil exports

  • Berlin property seizure threat deepens pressure on real estate stocks

  • Top buyer of U.S. debt caught up in Iran sanctions case. Lawmakers raise concerns over Iran's use of USDT to bypass sanctions...can't make this up..

  • Tether faces Senate probe as Iran-Linked wallets put USDT under scrutiny, shut it down risk, as so heavily linked to Lutnick/Kantor etc '''widely used as a major money transfer tool in Iran’s informal banking sector'''.. shocking really, yet hardly surprising!

  • Polish Prime Minister Donald Tusk: “Poland is facing very difficult weeks and months ahead due to increasing aggressive Russian actions, our security services are doing everything in their power to stop actions expanding to Polish territory.”

  • China tax crackdown tightens pressure on billionaires, can't hide so easily anymore, western billionaires getting worried

  • WSJ: The U.S. Navy and Gulf oil producers have grown more effective at blocking or evading Iranian attacks, letting more tankers move through the Strait of Hormuz. Iran's ability to choke off oil flows, and to use that threat as leverage in talks with Washington, is eroding. The concern is that Tehran turns to military escalation to strengthen its hand

  • Gold getting hit during a full-blown bond crisis is short-term noise. Algorithmic systems auto sell gold on rising yields. They can't distinguish between yields rising on growth optimism versus yields rising on a crisis of confidence




Madness..

























 
 
 

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