Crypto
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.
Denarius Prime
Energy
World’s Top Crude Trader Isn’t Ruling Out $200 Oil Just Yet
Ship-to-ship transfers in the Gulf of Oman that keep oil flowing from the Middle East provide a lifeline to Gulf producers and to the oil market, according to Russell Hardy, chief executive officer at the world’s biggest independent oil trader, Vitol Group. “Without it, you do have that $200-a-barre
Markets
Gold Steadies as Traders Assess US-Iran Tensions, Fed Rate Path - Bloomberg.com
Gold Steadies as Traders Assess US-Iran Tensions, Fed Rate Path - Bloomberg.com
Markets
Gold rises on softer dollar, easing yields; Fed outlook in focus - Reuters
Gold rises on softer dollar, easing yields; Fed outlook in focus - Reuters
Geopolitics
French sovereign debt is the first casualty, followed by U.S. Treasuries? Is the global market feeling the impact of Japan’s rate hike? - 富途牛牛
French sovereign debt is the first casualty, followed by U.S. Treasuries? Is the global market feeling the impact of Japan’s rate hike? - 富途牛牛
Macro
Iran’s Dollar Crisis Exposes the Limits of Regime Currency Intervention - Iran News Update
Iran’s Dollar Crisis Exposes the Limits of Regime Currency Intervention - Iran News Update
Geopolitics
Why the ECB Is Wary of Stepping Into France’s Bond Turmoil - Bloomberg.com
Why the ECB Is Wary of Stepping Into France’s Bond Turmoil - Bloomberg.com
Crypto
Greece prepares to levy 10% capital gains tax on cryptocurrency
Crypto gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament in November.
Macro
The Fed Does Not Control Your Mortgage
The average 30-year mortgage has jumped to 7.49%, the highest since November 2023. This is happening while everyone continues to obsess over what the Federal Reserve will do at its next meeting as if the Fed chairman personally sets the mortgage rate at your local bank. He does not. Mortgage rates a
Energy
The Oil Crisis America Saw Coming - The Atlantic
The Oil Crisis America Saw Coming - The Atlantic
Markets
Repeated US Treasury interventions risk an erosion of credibility
A key policy tool to stabilise stress in markets could turn into a source of moral hazard and deeper volatility
opinion
China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com
China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com