Crypto
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.
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Markets
Iran’s oil exports stall and Kharg Island idles under US blockade
Naval interdiction appears to be halting tankers from carrying Tehran’s crude
macro
The Fat Pipe 08/07/26: Deal or No Deal? US Treasuries “Not Fit for Purpose,” and Grab Bag
As the Iran war simmers along, increasingly concerning events are unfolding in the financial world. Can Bessent prevent Japan's illness from spreading to the US? What happens if/when foreign appetite for US Treasury paper dips below a critical threshold? Ah - that's when things really speed up.
Energy
ADNOC Reports 15 Vessel Attacks as Hormuz Risks Mount
Abu Dhabi National Oil Company said attacks on its vessels and employees are having a significant impact on operations as the company tries to keep crude, gas and refined products moving through the Strait of Hormuz. Fifteen ADNOC vessels have been hit by missiles or drones since the war began, incl
Markets
Gold, silver prices surge as US economy sheds 23,000 jobs - mining.com
Gold, silver prices surge as US economy sheds 23,000 jobs - mining.com
Crypto
Bitcoin hovers below $65,000 as Middle East tensions escalate further
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.
Markets
Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider - KITCO
Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider - KITCO
Markets
China’s Central Bank Adds Gold in Hong Kong to Support Hub - bloomberg.com
China’s Central Bank Adds Gold in Hong Kong to Support Hub - bloomberg.com
Energy
From oil to electrons: lessons from the 1970s energy crises - European Central Bank
From oil to electrons: lessons from the 1970s energy crises - European Central Bank
macro
Is Japan a Debt or a Currency Crisis? - Robin J Brooks | Substack
Is Japan a Debt or a Currency Crisis? - Robin J Brooks | Substack
Markets
China's gold reserves rise by most since October 2023 as buying pace quickens - Reuters
China's gold reserves rise by most since October 2023 as buying pace quickens - Reuters
Geopolitics
Fortuna SFP: “Gold rises due to central banks’ silent de-dollarisation” - The Corner .eu
Fortuna SFP: “Gold rises due to central banks’ silent de-dollarisation” - The Corner .eu