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J. Safra Sarasin completes the acquisition of majority stake in Saxo Bank / U.S and OIL infrastructure hit across Middle East

  • sc0172
  • 19 hours ago
  • 3 min read

  • Markets : U.S and OIL infrastructure hit across ME, including Ras Tanura (the largest oil refining export facility in the world!), Trump vows to continue attacks on Iran, says more US troops ‘likely’ to die, WaPo: the mood inside the Pentagon is "intense and paranoid" Pentagon leaders worry the US will expend its air defense stockpiles, and the conflict will "spiral out of control", there is a DEFINITE risk of this was escalating across the Middle East, Trump got involved, let's hope he has planned for an operation that may last more than a week... Senior officials in the Gulf states are reportedly completely shocked by the intensity of Iran's retaliatory attacks >>> continue to play defensively, there is a lot of uncertainty out there, bonds rallied last week on AI dominance and worsening credit markets, boosted a little further on weekend events, JPY weaker on higher crude prices, USD slightly firmer with Gold, and as expected crude reacts the most up 7% or so.. all this was heavily flagged last week already, military build up etc etc

  • A Saudi official told Al Jazeera that U.S. defense is focused on Israel, not on protecting Arab Gulf states that host many U.S. bases

  • What appear to be CIA sources leaking to Reuters that the regime will not collapse in Tehran. As far as I know, these sorts of leaks have never taken place two days into a major war before. Draw your own conclusions from that

  • DP World temporarily suspended operations at the Jebel Ali port in Dubai as a precautionary measure, according to a notice sent to customers and seen by Bloomberg >> could be catastrophic, unless they pressure Trump defeat Iran quickly and decisively or to fold (taco) right away. With 88% of expats, tourism, finance, air and shipping exposure, this can also send shockwaves globally, also an Amazon Web Services data centre in the UAE just got hit


This is fabulous news for our clients, now defacto one of the very safest banks in the world, circa 3x the capital ration of the likes of Barclays or UBS J Safra Sarasin Group completes the acquisition of majority stake in Saxo Bank | Saxo Bank Switzerland







It's happening in the UK and Europe as well - people are turning against the construction of AI data centres because all we experience with them is LOSS. There is not a single gain from having a data centre located in your area.




 
 
 

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