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Writer's pictureStéphan

Costco #XPT / Crude softer / Fed's Waller cautious / Trump's odds up, #crypto up #duration down #UST


  • WSJ-Following the popularity of gold and silver, Costco recently added platinum bars to its precious metal offerings. While it hasn't sparkled as much as those others this year, its fundamentals look rock solid #PLAT chart - been very rang for few years, patience!

  • Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates

  • The Chinese Economy has seen prices contract for 5 straight quarters, the longest such decline in 25 years >>> hence all this China action...China may raise $850 bln in new debt over three years to spur growth, says report

  • Netanyahu informs US officials that Israel will strike Iranian military, not nuclear or oil, targets. Oil gapped down on the news

  • Bitcoin Bulls Are All-In for Trump. How a Harris Win Plays Out

  • The Gemini JV Maersk/Hapag JV starts 01 Feb - sharing capacity


  • Former Head of MI6: “I think Brexit has marginalised us. It was kind of intended to do exactly that.” / Video well worth 5mins of your time

  •  US Weighs Capping Exports of AI Chips From Nvidia and AMD to Some Countries

  • Economists expect higher inflation, deficits, interest rates under Trump than Harris >>> nothing new, this is what markets been beginning to price, crypto rally, long-end #duration softer, pricing in only 50bps instead of 75bps before year-end (hence curve not really steeper, yet anyway), USD firmed up, and risk loving all that spending promises... do we get a 'LizzTruss on steroids' moment on a Trump sweep ? pretty certain its where the market will go very quickly!

  • EU ministers nod to support for nuclear energy ahead of UN climate summit #URA


 







We like it for our clients that's for sure!



Pas chic ! why is it happening?... inflation, good prices too high...







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