CommoditiesCryptoMacro
Gold's 30-Day Correlation With Bitcoin Reached 0.64.
With Long Treasuries It Is 0.10.
Yemen's Iran-aligned Houthis said on Wednesday that they had attacked two Saudi oil tankers in the Red Sea. Saudi authorities confirmed damage to one of them, the Encelia. The UK Maritime Trade Operations office reported a vessel struck about 70 nautical miles southwest of Al Shuqaiq by what it described as an unknown projectile, causing a fire on board, with no casualties and no environmental damage. The second strike the Houthis claimed has not been confirmed. Separately, and before that strike, President Trump had warned that any time Iran shoots at a ship in the Strait of Hormuz, the United States would bomb and destroy one bridge or power plant. That warning concerns Iran and the Strait of Hormuz. The…
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