Diesel limits eased, Hormuz 'flowing' again, #DAX/ French Bonds, country risk / VdL & EU savings / GOLD vs rates

sc0172

11 hours ago

3 min read

Markets : Trump just told Time magazine that they'll use INFLATION to deal with their $40T debt problem (good Thread), he also eased 'diesel' limits, $16.75B+ of US debt scheduled to be bought back this month.. (Thread), Citadel Securities says economic strength drives Higher U.S yields, Japan 30-year yield soared to highest level in history 4.26%, Oil is flowing from Hormuz again – Just not the kind the world needs most. The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world >>> Crude softer, welcome news for Europe (in particular, DAX catch up ??) , USD peak ? hard to pin point why though, watch price action!, rates stay high (across globe), GOLD has held well in face of higher rates globally (bond risk)
France: Central Bank Gov sounds the alarm: ‘We’re being strangled by interest rates’, France will 'reassure' bond investors.... ( >> hang on he was Sec General for the President previously..surely not...), big state, massive public sector, enormous taxes, and immigration. Result? Stagnation, discontent, and a monster debt crisis. Taxpayers in France are fed up, and recipients of subsidies are relegated to a dependent subclass.
Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union
Switzerland is highly sought after by international talent. However, astronomical rents, a housing shortage and the hurdles of integration take their toll
Aramco CEO Amin Nasser says nearly 3B barrels of oil supply have been lost, about half of what would normally move through Hormuz, and emergency reserves "may buy us a winter."
Gold retains key reserve status despite surging bond yields, central bankers say
The battle for one of the world’s most important shipping routes is shifting quickly... Saudi-backed Yemeni forces have seized key positions overlooking the Bab el-Mandeb Strait, The stakes go far beyond Yemen: with Hormuz already restricted, Bab el-Mandeb has become even more critical for global oil and trade flows