Oil today dragged the whole market down.
Trump rejected Iran’s proposal to reopen the Strait of Hormuz, and Brent jumped straight above $107. Even more alarming: global bond yields moved in sync, hitting the highest level since 2007—this one-two punch is a bit fierce.
What’s most counterintuitive is that safe-haven assets didn’t escape either: spot gold fell nearly 3% intraday, breaking below 4200, and silver was even worse—down more than 5%.
The logic actually makes sense—when oil prices rise, inflation becomes the focus again, and the market starts betting that the Fed will keep hiking rates. In an era when interest rates are moving up, gold can’t hold up either, let alone anything else.
$BTC and the Nasdaq futures both plunged. Trump also hasn’t ruled out launching a few more rounds of strikes against Iran. This week we also have PCE, ADP, and Non-Farm Payrolls hitting back-to-back—if inflation again comes in hotter than expected, risk assets will likely take another blow.
Personal take: don’t rush to catch a thrown knife—wait for oil prices and yields to turn before acting. Hold onto spot positions by closing trading apps; if you’re on the sidelines, watch from the sidelines and sip milk tea. In this kind of market, itchy hands are basically handing out money.
NFA DYOR
#BTC #比特币 #加密货币 #宏观经济 #美联储
Trump rejected Iran’s proposal to reopen the Strait of Hormuz, and Brent jumped straight above $107. Even more alarming: global bond yields moved in sync, hitting the highest level since 2007—this one-two punch is a bit fierce.
What’s most counterintuitive is that safe-haven assets didn’t escape either: spot gold fell nearly 3% intraday, breaking below 4200, and silver was even worse—down more than 5%.
The logic actually makes sense—when oil prices rise, inflation becomes the focus again, and the market starts betting that the Fed will keep hiking rates. In an era when interest rates are moving up, gold can’t hold up either, let alone anything else.
$BTC and the Nasdaq futures both plunged. Trump also hasn’t ruled out launching a few more rounds of strikes against Iran. This week we also have PCE, ADP, and Non-Farm Payrolls hitting back-to-back—if inflation again comes in hotter than expected, risk assets will likely take another blow.
Personal take: don’t rush to catch a thrown knife—wait for oil prices and yields to turn before acting. Hold onto spot positions by closing trading apps; if you’re on the sidelines, watch from the sidelines and sip milk tea. In this kind of market, itchy hands are basically handing out money.
NFA DYOR
#BTC #比特币 #加密货币 #宏观经济 #美联储