Panama Canal caps daily transits as El Niño threatens water levels
This leans mildly inflationary at the margin, though it’s a narrower, more targeted pressure than the oil and T ...
Citi says debasement trade needs new outlet, pointing markets back to gold
The pace of the rally is prompting banks to revisit both their timelines and their ceilings, with the metal already t ...
Gold moves to test the next key threshold after US Treasury surprises with bond buybacks
The big announcement from yesterday, in case you missed it: US Treasury is increasing the size of liquidity supp ...
Gold’s oversized reaction to Treasury buyback reflects debasement trade
The disproportion between the size of Wednesday’s move and the size of the underlying policy change is the key ...
Trump vows crushing new economic operation against Iran, warns allies
This is a significant escalation in rhetoric even by the standards of the past several weeks, and oil prices are the ...
ICYMI: US runs stealth Hormuz oil corridor, moving 10 million barrels a day: Axios
Confirmation that a meaningful volume of oil is again moving through the Strait of Hormuz should ease some of the ris ...
Precious metals surge after surprise US Treasury announcement to support longer-dated securities
The US Treasury announced today that it will at least double the size of its liquidity-support buyback operations for ...
EIA weekly US crude oil inventories +4.405M vs +0.200M expected
Prior was +17.423MGasoline +0.688M vs -1.504M expectedPrior was -0.968MDistillates -1.530M vs -0.982M expectedPr ...
Gold bounces back up today but buyers have work to do to regain upside momentum
Gold is seeing a modest bounce back up in European morning trade, after falling to around $4,335 at the tail end of A ...
UAE-Iran trade halt more significant than US embargo, ex-official says
Kimmitt’s comments reframe the UAE’s trade suspension from a diplomatic statement into a potentially seri ...
Update: Oil extends gains to fourth day as Hormuz fighting drags on
The fourth consecutive day of gains reflects a market still pricing genuine uncertainty over whether the Strait of Ho ...
Iraq backs new oil export routes to bypass Hormuz Gulf bottleneck
Iraq’s move underscores how deeply the closure of the Strait of Hormuz is reshaping export strategy across OPEC ...