It seems we’re in for a hot month for oil (and not only) 🛢️⚡️
Saudi Arabia is stepping out for European refineries: according to the latest data, over the weekend they simply zeroed out supplies of crude oil for the next month. No compromises—just a freeze of volumes.
What does this mean in practice?
Inflation shock #2. Europe is entering another phase of raw-material shortages again. This automatically pushes up fuel prices, logistics costs, and consequently raises overall inflation.
The Fed and central banks. In these conditions, regulators will have to forget about quick rate cuts. Tight monetary policy is being extended.
Market reaction. When traditional markets are battered by energy shocks, capital starts looking for alternative scenarios. Crypto is currently entering a very interesting zone of heightened volatility.
Right now, the main thing is to watch the opening of commodity futures and the reaction of the DXY.
And what do you think—is this another short-term OPEC+ tactic of pressure, or the start of a new wave of a protracted crisis?
#BOJHikesRatesTo31YearHigh
#ChainlinkPowersBottomlinePaymentPlatform
#InjectiveLaunchesINJOnSolana
#HKMAPlansWholesaleCBDCByYearEnd
$BTC
$CL
$BZ
Saudi Arabia is stepping out for European refineries: according to the latest data, over the weekend they simply zeroed out supplies of crude oil for the next month. No compromises—just a freeze of volumes.
What does this mean in practice?
Inflation shock #2. Europe is entering another phase of raw-material shortages again. This automatically pushes up fuel prices, logistics costs, and consequently raises overall inflation.
The Fed and central banks. In these conditions, regulators will have to forget about quick rate cuts. Tight monetary policy is being extended.
Market reaction. When traditional markets are battered by energy shocks, capital starts looking for alternative scenarios. Crypto is currently entering a very interesting zone of heightened volatility.
Right now, the main thing is to watch the opening of commodity futures and the reaction of the DXY.
And what do you think—is this another short-term OPEC+ tactic of pressure, or the start of a new wave of a protracted crisis?
#BOJHikesRatesTo31YearHigh
#ChainlinkPowersBottomlinePaymentPlatform
#InjectiveLaunchesINJOnSolana
#HKMAPlansWholesaleCBDCByYearEnd
$BTC
$CL
$BZ
