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Brief Reprieve In Markets, KOSPI Rallies, Nvidia, Australian Unemployment

Markets rebound on softer UK inflation, but concentration, AI euphoria and rising food costs keep risks elevated.
21 May 2026

Yields Ramp Higher, Chinese Housing Market, Bonds are NOT a Safe Haven

Bond yields surge as markets stay complacent; metals, housing and long-duration bonds all flash warning signs.
20 May 2026

Latest reports

The Crack Shorts

This week, we present the case for selling the Aug'26 EBOB crack and the Jul'26 ICE Gasoil Swaps crack.
9 page report
25 May 2026

Brent gaps down below $100/bbl

Over the weekend, US President Donald Trump said that Washington and Tehran has "largely negotiated" an understanding on a peace deal...
4 page report
25 May 2026

Bearish Buildup

Brent speculative shorts rise for seven consecutive weeks on increasing optimism for Strait reopening; shorts rise across refined products
13 page report
25 May 2026

Brent Softens below $104/bbl

Meanwhile, in the US, the American Automobile Association expects a record 39.1 million people to travel by car over the upcoming....
4 page report
22 May 2026