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Hormuz deal 'close' / China July exports up 24% / JPY interventions, FIMA facility, QE like ; risk up, PM's up..

  • sc0172
  • 11 hours ago
  • 3 min read

  • Iran says Hormuz deal close but US must meet commitments before strait reopens

    Saudi Arabia is bracing for attacks on ports and airports by Iraqi militias working with Iran-backed Houthi rebels, a Saudi official told CNN, then again Iran says US & Israel cant use Straits of Hormuz ...it's still a bit up in the air.. WTI sub $80 though, markets seem not to be bothered..

  • Markets : The S&P 500 is now up more than 100% since Michael Burry told people to sell in January 2023...eventually it'll be right, one day..‘Sell America’ Debate Re-Emerges as US Policies Sow Some Doubts, Global gold ETFs added $3 billion in July, reversing two consecutive months of outflows, The Fed is not going to hike, says Morgan Stanley’s Ellen Zentner, technically, USDJPY needs to go well below and stay below 200dma to worry any long-term carry trades (levels sub 156 JPY ideally), PM's definitely put a big base in last 2months, strong rally of lows..

  • Just three companies, Amazon, Alphabet and Meta, have already sold nearly $170 billion of investment-grade bonds so far in 2026, dwarfing last year's total tech issuance: Bloomberg. And they keep issuing, with Alphabet today looking to sell an additional $25 billion of bonds

  • China’s exports growth beats estimates in July, as AI-driven shipments surge

  • Apparently everyone is long and leveraged up... >>> and yet... S&P 500 sees "record" call option buying

  • When gold goes up you will read on X it’s due to physical demand (russia, Korea and few others last few days news).. when it goes down it’s paper selling

  • US court granting an eleventh-hour attempt to prevent the disclosure of the financial performance of the US president’s companies



PUT simply......The US Treasury is printing dollars and buying US Treasury bonds from the Japanese. So the Japanese are in effect dumping US Treasuries but the US is managing the dump by printing dollars and absorbing the bonds. It’s clever - it’s also a little bit desperate >> It’s a version of Open Market Operations, done daily if bond auctions fall short, using FIMA facility that was created in 2022 (back then no treasuries were sold for those reasons)...













caviat : he would say that...


















 
 
 

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