Tag:
Strait of Hormuz
Americas
The S&P Just Hit 7,165. It Has Never Been This Profitable. It Has Never Been This Fragile.
The S&P 500 hit 7,165 on record 13.4% profit margins. Intel surged 22%. American Airlines lost its entire year. Both are in the same index. One is wrong.
UAE & Middle East
Four Central Banks. Three Days. One Oil Shock None of Them Can Fix.
The BoJ, Fed, BoE and ECB all decide rates this week. None of them can cut. Some may have to hike. Hormuz is running every central bank's playbook now.
Commodities
Trump Cancelled the Trip. The Spot Market Already Knew.
Trump pulled the US delegation from Islamabad as Brent hit $105. The EIA's $25 spot-futures gap is the signal the headline price isn't showing you.
Commodities
Iran Is Charging Tolls on Hormuz. The Blockade Just Became a Business Model.
Iran deposited its first Strait of Hormuz toll revenue as Brent hit $103, the dollar held two-week highs, and gold fell 10% since the war began in February.
Americas
The S&P 500 Hit a Record High on Wednesday.
The S&P 500 closed at a record 7,137. The same day, Iran seized two ships and fired RPGs at a third in Hormuz. The market is pricing peace. The strait is not.
Economy
India’s Central Bank Held Rates at 5.25 Percent. Then Brent Crashed 16 Percent
RBI kept repo at 5.25% on April 8. Forecasts assumed $120 oil and Hormuz disruption. Brent crashed 16% hours later. GDP cut to 6.9%, rupee at record 95.22.
Europe
The Fertilizer Nobody Is Watching Is About to Hit European Food Prices Hard
Urea jumped 50% since the Iran war began. Europe's spring planting season is running out of nitrogen. The fertilizer shock hasn't hit food prices yet. It will.
Economy
Three Tankers Just Transited Hormuz on a Route Iran Does Not Control. The Blockade Has a Crack.
Three Omani tankers bypassed Iranian waters through a southern coastal route on April 2. Windward data, insurance risks, and the April 6 deadline explained.
