Live updates: Yen rally and rising bond yields pressure bitcoin and risk assets
Bitcoin, gold and technology stocks fall as the yen rallies, while oil prices and government bond yields climb globally.
Latest
The world’s approach to sovereign debt needs to change - Financial Times
The world’s approach to sovereign debt needs to change - Financial Times
Natural Gas and Oil Forecast: Gulf Supply Risks Rise as WTI and Brent Break Higher - FXEmpire
Natural Gas and Oil Forecast: Gulf Supply Risks Rise as WTI and Brent Break Higher - FXEmpire
Chinese Oil Buying Jumps, Central Banks Add 23 Tonnes of Gold, Study Finds Elevated Toxins in Autistic Kids
Today's Digest covers China's $100 crude, $4.15 gas, central-bank gold, $14k copper, Liquid BTC hack, Army readiness, autism toxins, protein snacks, Dutch carbon-capture facility, Greenland ice gain, and Chinese robots.
Bitcoin slips under $79,000, Zcash leads losses as Fed hike odds hold near 60%
Every major token fell on Tuesday, though most keep weekly gains, with traders pricing a 60% chance of a Fed hike next week.
The world’s approach to sovereign debt needs to change - Financial Times
The world’s approach to sovereign debt needs to change - Financial Times
Global Diesel Supply Crunch Is Set to Last Through Winter
Global diesel fuel supply will remain tight into next year for lack of enough refining capacity to pick up the slack from Middle Eastern and Russian facilities, Reuters has reported, citing refining and commodity trading industry executives. “There's really a shortage of products because we're missi
Argentina: Can Milei Wake a Dead Economy?
Argentina is perhaps the most fascinating economic experiment taking place anywhere in the Western Hemisphere. This was once among the wealthiest nations in the world. Generations of political corruption, socialism, currency destruction, defaults, subsidies, and government intervention turned that e
China’s central bank boosts gold reserves by most since 2023 - Investing.com
China’s central bank boosts gold reserves by most since 2023 - Investing.com
New York Fed Analyzes Global Dollar Reserves: Dollar Share Declines, but 'De-dollarization' Narrative Is Overstated - Moomoo
New York Fed Analyzes Global Dollar Reserves: Dollar Share Declines, but 'De-dollarization' Narrative Is Overstated - Moomoo
Oil prices surge as US-Iran strikes intensify in Strait of Hormuz - Al Jazeera
Oil prices surge as US-Iran strikes intensify in Strait of Hormuz - Al Jazeera
By Dumping US Treasuries to Prop Up the Yen, Japan’s Foreign Currency Reserves Plunged by $95 Billion in August. But Don’t Cry for Japan. These Interventions Are Hugely Profitable
The government is already busy fighting over what to do with the $31 billion in profits on its foreign exchange interventions last fiscal year.
Geopolitics
Norway wealth fund weighs $80B cut to U.S. Treasury holdings - Seeking Alpha
Norway wealth fund weighs $80B cut to U.S. Treasury holdings - Seeking Alpha
Energy
Rosneft Ships First Crude From $157 Billion Vostok Oil Project
Rosneft has shipped the first crude oil cargo from the Vostok Oil project in Eastern Siberia, despite sanctions targeting Russia’s energy industry and the exit of Western business partners. At peak capacity, the project is expected to produce between 50 and 100 million tons of crude annually. The Vo
Energy
Washington’s Venezuela Oil Deal Is About Much More Than Crude
Washington’s takeover of more than a fifth of Venezuela’s oil reserves in a deal officially signed by U.S. Energy Secretary Chris Wright on 2 September was as unexpected as it was dramatic, with President Donald Trump’s comment a few days earlier that it is “the biggest oil deal in world history” lo
macro
Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Stocktwits
Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Stocktwits
Energy
Iran warns US energy assets in Gulf are vulnerable after latest clashes - Reuters
Iran warns US energy assets in Gulf are vulnerable after latest clashes - Reuters
Geopolitics
Gold at $4,400: Is the $5,000 Target Becoming a Realistic Scenario? - Investing.com
Gold at $4,400: Is the $5,000 Target Becoming a Realistic Scenario? - Investing.com
opinion
Jobs: QCEW shows over 2M jobs lost in Q1 - SchiffGold.com
Jobs: QCEW shows over 2M jobs lost in Q1 - SchiffGold.com
Energy
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into Crisis - WSJ
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into Crisis - WSJ
Markets
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats On Rate-Hike Worries - FXEmpire
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats On Rate-Hike Worries - FXEmpire
Energy
Russia Vows to Keep Selling Oil to India Despite U.S. Tariff Threat
Russia will remain a key crude oil supplier to India, Russia’s Ambassador to India, Denis Alipov, said in an interview with Asian News International, in which he also criticized the planned U.S. legislation to slap tariffs on countries importing Russian oil. Russia has become India’s single-biggest
macro
Foreigners could trigger higher UST supply when USD strengthens, Luke Gromen warns - Traders Union
Foreigners could trigger higher UST supply when USD strengthens, Luke Gromen warns - Traders Union
Energy
Sudan Could Become the Red Sea’s Next Energy Security Flashpoint
The investigations published by The New York Times and The Washington Post should not be dismissed as another collection of allegations emerging from Sudan’s opaque civil war. Taken together, they present the most substantial publicly available evidence yet that elements of the Sudanese Armed Forces