top of page
Writer's pictureStéphan

Direct Israel-Iran conflict / France austerity / New JPN PM / UK Brexit-reset / Huge U.S dockworkers strike



  • Iran has warned the US: if you target our refineries, we will set fire to the refineries and oil fields across the entire region, including those in Saudi Arabia, Azerbaijan, Kuwait, the UAE, and Bahrain >>> game changer yesterday, crude prices reacted >>> Iran's Foreign Minister Seyyed Abbas Araghchi said the country's military action against Israel has concluded, while Israeli Prime Minister Benjamin Netanyahu vowed retaliation

  • Powell-s call > A call on another 50bper is a call on jobs clunking plus a follow through of the Fed taking out more insurance. It’s not a big leap in our opinion

  • EU inflation slowed below #ECB's 2% target for the first time since June 2021, CPI rose 1.8% in Sep, down from 2.2% in Aug as energy costs fell sharply. Core eased to 2.7%

  • 'I will cripple you,’ dockworkers union chief said of economy before massive port strike >>> U.S : about 45'000 dockworkers have gone on strike for the first time in nearly five decades, shutting down three dozen ports that together handle a quarter of the US's international trade >>> watch China : People unload ships remotely with 5G, AND THEN, AI vehicles automatically drive the containers to trucks and load them, without human assistance/Video (you think EU or US will do this??)

  • Goldman Sachs is raising its year end gold price target to $2,900/oz from $2,700

  • UBS: Deteriorating US Fiscal Deficit 'Positive' for Gold >>> you bet... and the fiscal situation is about to get worse/continue to worsen, meanwhile in Tanzania, mining regulator has ordered all mining firms and traders exporting gold to allocate at least 20% of the commodity for sale to the central bank to bolster the bank's move to diversify its foreign reserves

  • Japan's PM Ishiba wants BOJ to be careful when hiking rates further

  • Rennaissance Macro: Global manufacturing activity softens in September. By our tally so far, 31% of the global manufacturing PMIs we track are in contraction territory, the worst percentage all year. This is the 3rd straight month over half the PMIs have been sub-50

  • Apple Stock Loses Ground as Barclays Warns of 'Softer' iPhone 16 Demand

  • UK's Starmer looks for post Brexit 'reset' in meeting with EU


 








https://x.com/ShangguanJiewen/status/1840736962564559310  People unload ships remotely with 5G, AND THEN, AI vehicles automatically drive the containers to trucks and load them, without human assistance >>>> just imagine trying to get this through Union in Europe or now in the U.S


UBS: Deteriorating US Fiscal Deficit 'Positive' for Gold Macroeconomic factors are what "ultimately" drive gold prices despite rising geopolitical tensions. "expectation that the US fiscal deficit is going to deteriorate, regardless almost of who wins the elections" (Bloomberg)








#Brent $5 move up is not insignificant


43 views0 comments

コメント


bottom of page