Micron smashed earnings / Crude near pre war levels / Binance / BoJ 'hawkish' call / UKR-RU update

sc0172
14 hours ago
3 min read

Iran updates : Key parts of the oil market are suddenly awash in supply, as a stream of cargoes out of the Strait of Hormuz accelerates after the US-Iran agreement to open the waterway. Even before the deal, a combination of strategic inventory releases, a collapse in demand from top buyer China, and a substantial number of tankers sneaking “dark” out of the Persian Gulf had contributed to a small oversupply in some key markets, traders say
Markets : MICRON smashed earnings and lifted overnight futures, ''rate hikes needed every few months, hawkish BOJ board member says'' (JPY stays weak though..), crude back to pre war levels almost, FED's preferred inflation gauge to accelerate in May, Junk bonds are flashing a warning signal (thread-chart), USD looks set to stay firm although beware month-quarter-end rebalancing flows now, real rates doing the damage for PM's at the moment, and supporting USdollar (deflationary vibes came from hawkish FED and lower oil..)
There is every indication the war has reached a major turning point in Ukraine’s favor. Drone attacks have wiped out 50% oil supplies in Moscow, Russians are abandoning Crimea, Ukraine forces are pushing back Russian troops in eastern Ukraine, Russia economy collapsing (as per few various sources)
"In Albania, the situation has completely spiraled out of control. The Albanian people are calling on all celebrities to speak out publicly about them. Amplify our voice to the world. We will not accept the occupation of our land by the United States and Israel."
July 1, 2026, is not just another date on the calendar for the cryptocurrency sector in Europe: it marks the definitive end of the longest period of regulatory adaptation this market has ever experienced #BTC
Brexit : ''the biggest mistake wasn’t Brexit, it was the referendum'' / Thread (indeed.. said it time and time again back then, a referendum is a consultation on what the folks think, not law..quite why Cameron made it law is beyond.... >>> 10 years on, the UK is still counting the cost of Brexit. Economists agree the economy is 4–6% smaller (some say up to 8%) than if we’d stayed due to trade barriers, lower investment and missed opportunities. Exports to the EU down, food/agriculture hammered, business investment lagging. The bill keeps growing. The regret is growing too.