Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth
The G7 communiqué on the Iranian attack on Israel. Some strong words against Tehran, but also, between the lines, it is imploring Israel not to retaliate >>> one bit of news that few talking about is fact that few hours before the launch of the attack, the IRGC seized an israeli ship that was crossing the Strait of Hormuz, what Iran said was that they wanted to do is bring the world economy to its knees (by closing Strait of Hormuz, the missiles were just a distraction..maybe..). Nearly 40% of all oil trade in the world passes the Strait..!
Aluminum surged by a record on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of Russian supplies produced after midnight on Friday.
Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol, Tesla (TSLA) is rumored to be preparing a massive round of layoffs
Interview :Jean-Claude Biver on Swiss Watches, Cheese and UBS
Emerging Market Stocks are trading at 50-year lows against U.S. Stocks (BofA)
Iran oil output has risen to a 5 ½-year high as the US didn’t enforce sanctions. “If Biden resumes enforcing the sanctions, it could tighten the market significantly […] I’m dubious Biden would take that course of action”
Every S&P 500 Sector declined last week. That's the first time that's happened since September 2023, as USDollar scores the largest weekly gain since Sep 2022
Goldman Sachs raises its year-end gold forecast to $2,700, from $2,300 previously
Markets update : play defence, USD higher is a sign, all SPX sectors down is another, not a coincidence, markets will come to you and bring opportunities, commodities clearly continue to be the big play/rotation, geopolitics cannot be ignored anymore, Strait of #Hormuz definitely 'a big' key for world economy
Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth (prnewswire.com)
RBA interest rates: Reserve Bank of Australia could cut before the US Federal Reserve (afr.com) a little premature imho...but there u go
The Statistical Review of World Energy analyses data on world energy markets from the prior year. The Review has been providing timely, comprehensive and objective data to the energy community since 1952
https://www.g7italy.it/wp-content/uploads/G7-LEADERS-STATEMENT-ON-IRANS-ATTACK-AGAINST-ISRAEL.pdf FULL STATEMENT: The G7 communiqué on the Iranian attack on Israel. Some strong words against Tehran, but also, between the lines, it is imploring Israel not to retaliate. Also notable, not a word about (oil) sanctions enforcement >>>> Iran designed its retaliation on Israel to cause ..Max symbolism , sends message of capabilities with 300 missiles & drones, 1st ever direct attack etc while targeting Min damage:, as attack well-telegraphed fpr days, reported days ago - so it would seem for now
VolSignals on X: "GS on CTAs? . . .they triggered. 👀 the key level in ST was flagged as 5135 SPX on Friday- which the index finished well through. If SPX falls ~3% from 5130 over 1 month, expect $20bn of S&P futures for sale and $42bn for sale if the index falls 7-8% from here. https://t.co/IseQtYodms" / X (twitter.com)
Negative gamma on way down, while we remain sub 5135
If you go for it, you might as well go for it ! blimey!
EURUSD 1.0500 area will be huge medium term level, together with 0.92+ USDCHF
