More: Finance of Geopolitics
Trump’s Silence on Hormuz Is Now a Fed Problem: What Markets Are Pricing In This Week
TODAY'S NUMBERS: $108 (Brent crude)  ·  4.98% (US 10-year Treasury yield)  ·  $4,330 (Gold) Oil is pricing a wider Gulf war, yields are pricing...
Institutional Money Is Rushing Into America. Central Banks Are Rushing Into Gold. Both Are Reading the Same Signal
TODAY'S NUMBERS:
4.94% (US 10-year Treasury yield, near a three-year high) · 289 tonnes (record Q2 central-bank gold buying) · $53.9bn (Gulf funds' record H1...
The US Just Bombed Iran’s Shadow Fleet: What Happens to Oil, Banks and the Next Sanctions War?
TODAY'S NUMBERS:
$100 (Brent crude, after Wednesday's tanker strikes) · 4.92% (US 10-year Treasury yield) · $4,440 (gold, per troy ounce)
Oil and yields are climbing...
US-Iran Fire in the Strait of Hormuz: What Happens to Oil, Gold and the Fed’s Next Move
TODAY'S NUMBERS:
$97.19 (Brent crude, a six-week high) · $5.85 (US retail diesel, a record) · 4.79% (US 10-year Treasury yield)
War in the Gulf is...
Norway’s $2.3 Trillion Fund Is Cutting Treasuries. Here’s Who’s Left Holding Washington’s Debt
TODAY’S NUMBERS $80bn (Norway fund’s proposed Treasury cut) · 4.79% (US 10-year Treasury yield) · 289t (record Q2 central-bank gold buying) Sovereign money is...
How Two EU Vetoes Are Quietly Handing Russia a Win in the Sanctions War
TODAY'S NUMBERS
$4,334 (gold, per ounce, near record) · $200bn (Russian reserves frozen at Euroclear) · Sept. 15 (deadline for the EU's Russia sanctions list...
Iran, Oil and a Hawkish Fed: Why the Dollar Is Winning the Week and Losing the Decade
TODAY'S NUMBERS 99.73 Dollar Index (DXY) · 4.81% US 10-year Treasury yield · $4,304 Gold, per ounce All three are rising together — the...
Beijing’s Currency Playbook: Cap the Yuan, Buy the Gold, Build the Pipes Around the Dollar
TODAY’S NUMBERS 6.7828 (Monday’s PBOC yuan fix, near-flat) · 21 (months of PBOC gold buying, a record) · <3% (yuan’s share of SWIFT payments,...
Sovereign Wealth Comes Home: Why Jakarta, Riyadh and Kuwait Are Pulling Their Money Back
TODAY'S NUMBERS: $6.8bn (Danantara's remittance to Jakarta's budget) · 20% (Saudi PIF's new overseas-investment ceiling, down from 30%) · 5.65% (Danantara's average bond yield)....
Frozen Russian Assets, Take Two: What Europe’s Revived €210 Billion Plan Means for Ukraine, Belgium and the Euro
TODAY'S NUMBERS
€210bn (frozen Russian assets Brussels wants to mobilize) · €90bn (fallback EU loan already agreed) · €23.1bn (Ukraine's funding gap even with that...