25 February 2025: 16:30 GMT
Chaos reigns! While everyone was busy mingling at IE week, everything dumped! And we mean…everything! Oil, equities, Bitcoin, US Treasury yields… they all got a pounding. Even gold dumped 2%, turning back from its exceptional uptrend, as hedge funds closed even winning positions. Time to offset some losses? Red everywhere! All across different assets, the longs got massacred. The only thing making gains today seemed to be the VIX volatility index, up almost 5.5%! Weak US consumer confidence and tariff anxieties have been mixed into a potent cocktail.
In ‘The Officials’, Onyx Capital Advisory publishes outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.
We invite you to read our reports, which will initially be published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST).
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