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EU NatGas 2y highs / GOLD 'reval' impact / AI summit Paris / Powell testimony next and U.S CPI tom

  • Writer: Stéphan
    Stéphan
  • Feb 11
  • 3 min read

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  • European natural gas benchmark TTF surges above €58 per MWh — put it in oil terms, it has reached ***the $100 per barrel of oil equivalent level***

  • Trump imposed 25% tariffs on steel and aluminum imports, as expected, everything that American companies manufacture or build that requires steel or aluminum, such as cars, aircraft, appliances, & houses will cost more.. >>> KEY TODAY : The January CPI could show whether we're past the brunt of the stiff turn-of-the-year price resets that rudely greeted forecasters, Fed officials and markets in recent years, Powell heads for ‘Hyper-Charged’ hearings overshadowed by Trump

  • GOLD : many stories, but broadly speaking, revaluation of gold reserves, repo, TGA, akin of QE ! which would reflate and lift equities overall ! >>> XAG, XPT and PALL in play too eventually...

  • EU plans radical budget overhaul handing more power to capitals - Bloc’s 50 spending programmes to be lumped into 3 funds, according to leaked paper >>> +ve change

  • Trump to halt law banning bribery of foreign officials, orders halt to enforcement of US anti-corruption law and said the Gaza ceasefire should be cancelled if all remaining Israeli hostages are not returned by noon Saturday, warning Hamas “all hell is going to break out”.

  • Enthusiasm over Trump and AI appears to be waning?

  • High-stakes AI summit in Paris: World leaders, tech titans and challenging diplomatic talks

  • Don’t call them “critical minerals” and use their old name: “minor metals.”/Thread

  •  Goldman Sees Trump Immigration Moves Shaving US Economic Growth – Bloomberg

  • Traders in the US are paying much higher prices for copper, aluminium and steel than their European counterparts as they rush to buy the metals ahead of DJT’s tariffs

  • Multiple U.S. states now moving to BAN COVID vaccines





Nicely explained : Home / X video : Peter Boockvar does a nice job explaining the ideas & history .... missing the point that it is inflationary IMHO !!














 
 
 

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