Pause in Middle East Hostilities Spark Stock and Bond Market Rally north There is one major driver in the capital markets today: A sharp drop in oil prices as the US and Iran have inexplicably not attacked for the past three nights. There is speculation in the press that the US decision was partly motivated by concerns over diminishing supplies of air defenses [...]
Week Ahead: War, Tariffs, and Three G10 Central Bank Meetings north The escalation of the Middle East war sent oil prices sharply higher and pulled interest rates up, too. September WTI rose by more than 10% for a three-week increase of more than 25%. Neither side seems prepared to back down. However, judging by the largest spread this year (~$11) between the [...]
RWAs become Hyperliquid’s largest trading category north Tokenized RWA trading became Hyperliquid’s largest trading category for the first time, accounting for more than half of the decentralized exchange’s weekly trading volume.
Oil Pulls Back, Takes Some Pressure off Interest Rates, Leaves the Greenback Slightly Softer north The price of crude oil is consolidating today after yesterday’s surge and this has taken some pressure off bond markets after several countries, including the US, saw 10-year yields rise to new highs for the year. The pullback in yields is also occurring despite unexpectedly strong preliminary [...]