The Weekly Spread: What Shaped Yields And The Dollar This Week - TradingView
Source: TradingView
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DW NOTE
The Fed hiked into a supply shock that has already knocked 6% off global oil output and closed the Strait of Hormuz for 205 days. Raising rates doesn't reopen shipping lanes or drill new wells — it just makes the recession more expensive to finance.
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu