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Portugal : Yuan bonds / U.S-Iran deal up to 6mos / Crude, Sulphur, jet fuel / Saudi PIF / QQQ : never did this before!

  • sc0172
  • 6 hours ago
  • 3 min read

  • The Nasdaq 100's RSI went from 28 (oversold) on March 30 to 70.5 (overbought) by April 15 — in just 11 sessions, this is NOT normal (..never happened before),

  • Iran peace talks : Trump says 'deal with Iran very close', Israel and Lebanon agree 10-day ceasefire >>> The oil market though sends a BIG warning. Physical crude is still trading like there is a real supply emergency. Futures are trading like the crisis is almost over. That gap is NOT normal.. ($200 for 'some' Asia delivery currently..), jet fuel shortages in Europe & Asia within 6 weeks >>> Macron and Starmer Hold International Summit on reopening the Strait of Hormuz

  • Markets : The global sulphur squeeze has transitioned from a theoretical risk to a direct catalyst for a production cliff (Thread), IEA Head: Europe has 'maybe' 6 weeks of jet fuel left - AP News, Saudi PIF unveils new 5-year investment strategy that will narrow its focus to 6 areas, including tourism and manufacturing, as it reprioritises spending!, Portugal (again) and Slovenia sell Yuan bonds >>> Oil is at the same level where it was on 3/27, when the S&P 500 was 10% lower. this rally is more about HUGE CTA activity than the Iran war, and now we hear Gulf & European officials saying a U.S - Iran deal will take up to 6months..

  • Fed's Williams: Seeing emerging signs of supply chain disruptions, Middle east war already lifting inflation

  • Former Treasury Secretary Hank Paulson called on US authorities to prepare a back-up plan to avert a potential collapse in demand for Treasuries >> WHY NOW ? ...  It’s because 33% of US debt are set to mature in the next 12 months. That’s $10 trillion dollars..... #GOLD

  • BOJ Governor Ueda : inflation from a negative supply shock is more difficult to rein in with monetary policy than inflation driven by strong demand

  • Putin just lost his "Trojan Horse" inside the EU. Viktor Orban, one of Moscow’s most dependable EU allies, is out. This result carries massive implications for Russia’s ability to project power and disruption across Europe

  • US investor inflows into Hong Kong and China equities are now their highest, in terms of quarterly inflows, in more than three years and are at a new overall record high, reaching nearly half a trillion dollars equivalent

  • COMEX silver inventory has been in freefall since Oct, 530 million oz to 320 million oz in six months









Portugal sold some Yuan bonds in 2019, so now again, and Slovenia too 3 weeks ago Slovenia Expands Global Funding Footprint with Successful Inaugural Renminbi-Denominated Panda Bond Offering | GOV.SI





You just can't teach that ...














 
 
 

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