Markets

Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’ - Financial Times

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DW NOTE

DNB is repatriating gold from the Fed because storing your reserves in a jurisdiction that just added $8 trillion to its debt ceiling in one bill is no longer a neutral decision. When a central bank cites "geopolitical unrest" to justify moving metal out of New York rather than out of London or Zurich, the unrest in question is American.

Read the full story at Financial Times →

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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Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’ - Financial Times

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