Calm before the storm: Gold, Silver, Miners, and Stock Indices
Good morning, Revestors, Equities are trading lower as renewed Strait of Hormuz concerns add pressure. Oil is also falling, while the Nasdaq and Magnificent Seven continue to show heavy selling…
Read More »Breaking: Iran closes the Strait of Hormuz amid ceasefire deal violation
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued…
Read More »Trump: Says the Iran deal will open Strait of Hormuz
G7 leaders are thrilled we made a deal. The last night was brutal. $200M of bombs were dropped. New leaders are smart and far less radicalized Do not want to…
Read More »US Dollar holds steady amid rising tensions in Middle East
The USD is higher but little changed vs most of the major currencies. It is trading above and below unchanged vs the GBP, and up vs the EUR and the…
Read More »Trump did not reach a decision on any new deal with Iran after Situation Room meeting
Full report here Trump did not reach a final decision on a Memorandum of Understanding (MoU) with Iran during a nearly two-hour meeting in the White House Situation Room, according…
Read More »Crude Oil prices a deal the White House calls a lie
Iran’s state broadcaster said Wednesday that Tehran had received an initial draft of a 14-point Memorandum of Understanding (MOU) framework with the United States, one that would reopen the Strait…
Read More »Iran top negotiator, foreign minister in Doha to work out deal to end conflict – report
The headlines are stating that Iran’s top negotiator, also parliament speaker, Ghalibaf and foreign minister Araghchi are in Doha to meet with Qatar’s prime minister over a potential deal to…
Read More »Iran says reached conclusion on many topics discussed but doesn’t mean deal is imminent
We have reached conclusions on many topics discussed But that does not mean we’re close to signing an agreement We have reached a framework but nobody can stay that an…
Read More »UAE set to accelerate new oil pipeline project to help bypass Strait of Hormuz
The pipeline is already under construction but the latest decision by the UAE is to accelerate said project in order to become operational in 2027. The Crown Prince of Abu…
Read More »Trump and Xi had a good meeting, says White House official
The two sides discussed ways to enhance economic cooperation Also discussed expanding market access for US businesses into China and increasing Chinese investment Trump, Xi highlighted need to build on…
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