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Warsh's Fed held rates, yields surged, cuts repriced lower, inflation fears grew, and markets now await BoE, PCE and GDP.
KOSPI Down, Apple Becomes Largest Company in the World, Fed Meeting Tonight
Hawkish Fed fears grow as AI sell-off deepens, yields rise, Korea tumbles, and major tech earnings loom.
LATEST REPORTS
Brent Eases as Concerns Over Suez Canal Security Reignite
Brent falls as Qatar replaces LNG flows, Suez risks rise, and Russia extends fuel export curbs amid ongoing supply disruptions.
Teeter-Totter
Middle East tensions re-escalate as Hormuz closes, tanker attacks resume, US-Iran strikes intensify, and storm risks emerge.
16 page report
Conflict, uncertainty and CPC disruptions lead to a choppy Brent
In other news, the Caspian Pipeline Consortium (CPC) has suspended oil loadings, as per a Telegram statement...
Hedgers lead the way in gasoil?
Producers/merchants are forecast to add 9.6mb to their longs and 7.4mb to their shorts in ICE gasoil, hinting at increased hedge risk...
8 page report