US Equities Print a Record on Hormuz Optimism. The Pegs Print 3.7500 and 3.6725.
Wall Street rallies on the prospect of reopened shipping lanes. Riyal and dirham do what they always do — nothing.
Karim Al-Rashidi · 12h ago
🔥 #gulf-economics
Gulf Economics
3 articles on this topic
Crude at $89.89 holds the day; gold at $4,480 keeps the hedge bid
WTI grinds half a percent higher into the close as gold extends its quiet melt-up. The pegs do what pegs do.
Karim Al-Rashidi · 68d ago
Crude at $90.99, Gold at $4,560: The Hormuz Premium That Refuses to Arrive
Oil is softer, gold is firmer, and the Gulf is hosting more shuttle diplomacy than tourism. The puzzle is why the risk premium is so quiet.
Karim Al-Rashidi · 72d ago