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Dutch-EU TTF gas prices 3y highs / U.S diesel px ATH's / JPY finally.. USDJPY, CHFJPY >> 175 target / NYC ban on Ai

  • sc0172
  • 14 hours ago
  • 2 min read

  • Japan's rising yields are impacting US market: senior Treasury official. Both sides agreed on importance of fiscal consolidation in sideline talks, Erin Browne says >>> hence USDJPY intervention are part of the deal in stabilizing bonds-duration !!

  • Markets : small 10's bonds recovery overnight (a reminder that when CB's panic and hike, markets will stop panicking and the long-end will feel more comfortable..!!), 60% probability of FED hike in Sep (priced) ahead of NFP tomorrow, there was definitely some interventions above 160USDJPY yesterday.. we still like being short CHFJPY from a PPP point of view with a target near 175... (USDJPY works too !), Japan's 30y bond auction went 'smoothly' overnight, Iran strikes Kuwait keeping Brent $95 area, that said Trump is now privately considering to formally declare the Iran war over, with Trump saying he strongly favors the idea, per WSJ

  • European gas prices are surging! Now at 3 year highs, clearly less than ideal (not good), Bear in mind that European gas storage is running at 35% full heading into winter

  • US Gulf Coast diesel prices hit all-time high amid global supply disruptions - S&P Global

  • The German Navy plans to significantly increase the range of its missiles: A frigate has successfully completed a previously classified test of the Israeli Lora missile system in the North Atlantic

  • JPMorgan decides to get tough with Jane Street. Former hedge fund manager and BoA banker might be the next Jamie Dimon

  • NYC Mayor Mamdani Bans AI For Nearly 600,000 Students Through Eighth Grade In Nation's Strictest Policy

  • Hegseth extends MidEast deployments into 2027




Dalio puts in a nice simple way to understand it all
































 
 
 

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