Outrageous Predictions
Révolution Verte en Suisse : un projet de CHF 30 milliards d’ici 2050
Katrin Wagner
Head of Investment Content Switzerland
Résumé: Today we look at the market-altering after effects of Trump's claims of diplomacy with Iran as he backed away from an ultimatum against Iran's power infrastructure if the Straits of Hormuz remain closed, and how nothing has changed on the ground, or on the seas, even as oil prices remain significantly lower than where they were before Trump's claims yesterday. We also run through the latest moves in US treasuries, a critical market for risk sentiment, as well as reactions and the state of play in major currencies. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy.
Links:
Regarding today's discussion on OpenAI and Elon Musk's comment (from August of last year) that "OpenAI is goint to eat Microsoft alive", a long-form X post on risks to the relationship.
From oil shock to food shock: Gulf fertilizer disruption raises crop risks
COT update: Energy spike drives record FX flows and sharp commodity rotation
Precious metals hit by liquidity shock as war forces repricing