Markets

Bitcoin and gold move in lockstep as debasement trade gains more steam - The Block

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DW NOTE

The correlation lasted exactly as long as both were pricing the same risk — and broke the moment markets decided the Fed would hike into a supply shock rather than monetise it. Gold's 15.6% retreat from its January peak while the S&P climbs 18.9% isn't lockstep, it's regime change.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Bitcoin and gold move in lockstep as debasement trade gains more steam - The Block

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