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RBA unch, BoJ hikes to 1% / China data softer / Hormuz 'reopening' / G7 in full swing and FOMC focus now

  • sc0172
  • 2 hours ago
  • 3 min read

  • Iran update : The US is at odds with European allies, which are skeptical about Donald Trump’s promise that the Strait of Hormuz will reopen by Friday. Trump will release the text of the MOU on Friday, JD Vance told Fox News, Trump also secretly approved a Qatar-Iran cash deal >>> The markets celebrated the moment Hormuz reopened toll-free, but the agreement behind that headline may be far weaker than anyone wants to admit...

  • Markets : so after all the experts said what they had to say...the world's largest ever oil supply disruption failed to create a major energy crisis..., Trump threatens 100% tariff on French wine over U.S tax issue, BoJ hikes and would you believe to the highest level since 1995 (JPY unch, JGB's softer again..), China retail sales down 0.6% YoY,

  • The IEA said 2026 shock was worst than 1973, 1979 and 2022 together. And yet, the cost of oil, natural gas, electricity and coal never surpassed the previous peaks

  • Carney: The new world order will be built from Europe. Canada is the most European of non-European countries, and we are transforming our cooperation with the EU ... In a more dangerous and divided world, Canada has chosen to build and work in partnership with Europe

  • Crimea : A Sevastopol real estate agent says that property prices have already collapsed -40%, Russian leaving

  • Boris and Farage should “hang their heads in shame” for the damage they caused to Britain by leading the campaign that saw it leave the EU

  • Trump threatened to set a 100 percent tariff on French wine and champagne unless Paris removes a digital services tax on technology firms, The New York Post reported Monday

  • China's gasoline demand just fell more than 20% in a single year. EVs are now 60%+ of all new car sales in China




This was a deliberate and conscious course of action by the US administration, which allowed its navy to turn a blind eye to the arrangement, in complete contradiction of its declared policy. The move was intended to ease the crisis in global energy markets and curb rising oil prices.


The bombshell behind the deal: Trump's own CIA director doubts Iran will keep its word... CIA Director John Ratcliffe told Trump and senior officials that U.S. intelligence raised serious doubts about Iran's willingness to make the nuclear concessions the deal seeks.




consumption and investment sinking...while Industrial Production increases which they then dump on RoW




A Sevastopol real estate agent says that property prices have already collapsed -40%.














 
 
 

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