Reports that Iran targeted 4 American ships that attempted to cross the Straits of Hormuz
A tweet from Guy Elster, Walla Foreign Correspondent says:The full opening of the Straits of Hormuz is a prerequisite ...
Crude Oil futures settle up $0.22 at $88.90. Technical bias is to the downside.
Crude oil is closing modestly higher by $0.20 at $88.90, but the final price does not reflect the volatility seen thr ...
Bitcoin and Ethereum repair higher, but BTC bulls need 74,000 confirmation (BTC futures)
Crypto flushed, then reversed up, but crypto bulls still need stronger order-flow confirmationBitcoin and Ethereum fu ...
Treasury Secretary Bessent: Oil prices will be lower than pre-conflict levels
Did have a call with ImansOil prices will be lower than pre-conflictA 2000 ships are waiting to come out of the gulf, ...
More from Musalem: Bond market is signaling a resilient economy/higher expected inflation.
Bond markets are signaling a resilient economy and higher expected inflation.
Most of the recent move higher in ...
AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran
The AUDUSD and NZDUSD are leading the move lower in the US dollar today as improving risk sentiment weighs on the gre ...
US Treasury sells $77B of 7 year notes at a high yield of 4.290%
High Yield 4.290%WI level at the time of the auction 4.291%Tail -0.1 basis pointsBid to cover 2.52X which is near the ...
US/Iran MOU on ceasefire has reached an agreement but Trump still needs to approve it
There are increasing reports suggesting progress toward a cease-fire agreement between the U.S. and Iran. According t ...
Crude oil inventories fall -3.327 million versus -4.143 million estimate
The weekly EIA inventory data shows: crude oil inventories -3.327 million versus -4.143 million estimatedistillates - ...
Atlanta Fed GDPNow estimate for Q2 comes in at 3.8% down from 4.3%
The Atlanta Fed GDPN estimate for Q2 growth comes in at 3.8%In their own words:The GDPNow model estimate for real GDP ...
USD races to the downside. What are the markets saying now technically?
As a memorandum of understanding is said to be close but not done as Iran’s supreme leader Khomenei and Pres. T ...
More from Fed’s Musalem: Baseline is inflation will take longer to come down
Baseline Outlook is that inflation will take longer to come back down to target.Sees risk that inflation may not conv ...