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CalmWhale

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Building skill before profit | Focused. Calm. Consistent.🌍 Trades by day, dreams by night | 📉📈 Growth mindset always🌋
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Here's where US gas prices stand today 🚨 The average price of a gallon of gasoline in the United States is down slightly from yesterday and remains well over a dollar higher than this time last year. It’s one of the most prominent ways Americans have felt the economic impact of the war with Iran. Consumer sentiment continued to decline this month, reaching a fresh record low in the absence of a deal to end the conflict. $OG | $ICP | $BANANA #BREAKING #news #US #GAS #iran
Here's where US gas prices stand today 🚨

The average price of a gallon of gasoline in the United States is down slightly from yesterday and remains well over a dollar higher than this time last year.

It’s one of the most prominent ways Americans have felt the economic impact of the war with Iran. Consumer sentiment continued to decline this month, reaching a fresh record low in the absence of a deal to end the conflict.

$OG | $ICP | $BANANA

#BREAKING #news #US #GAS #iran
Global oil stocks plunge by nearly 270 million barrels amid US-Israel war 🚨 Global oil reserves are depleting at an unprecedented pace as the US-Israel war on Iran disrupts flows from the Gulf, eroding a key buffer against supply shocks, according to a Bloomberg report. Morgan Stanley estimates that global stockpiles fell by nearly 270 million barrels between March 1 and April 25. The sharp drawdown means that governments and industries lose room to absorb the impact of more than a billion barrels of disrupted oil supply since the conflict started on February 28. $OG | $BANANA | $ICP #BREAKING #news #US #oil #Hormuz
Global oil stocks plunge by nearly 270 million barrels amid US-Israel war 🚨

Global oil reserves are depleting at an unprecedented pace as the US-Israel war on Iran disrupts flows from the Gulf, eroding a key buffer against supply shocks, according to a Bloomberg report.

Morgan Stanley estimates that global stockpiles fell by nearly 270 million barrels between March 1 and April 25.

The sharp drawdown means that governments and industries lose room to absorb the impact of more than a billion barrels of disrupted oil supply since the conflict started on February 28.

$OG | $BANANA | $ICP

#BREAKING #news #US #oil #Hormuz
UAE, Turkish presidents discuss regional issues 🚨 The UAE’s Sheikh Mohammed bin Zayed Al Nahyan and Turkiye’s Recep Tayyip Erdogan have exchanged views on ways to further strengthen cooperation within the framework of the two countries’ Comprehensive Economic Partnership Agreement, according to the UAE’s official WAM news agency. The two also reviewed a number of issues of mutual interest, particularly developments in the Middle East and their serious implications for regional and international security and stability, the statement added. The call also addressed the UAE’s participation in SAHA Expo 2026, the international defence and aerospace exhibition being held in Istanbul, and the exhibition’s role in advancing international cooperation in these sectors. $OG | $BANANA | $ICP #BREAKING #UAE #Turkey #US #iran
UAE, Turkish presidents discuss regional issues 🚨

The UAE’s Sheikh Mohammed bin Zayed Al Nahyan and Turkiye’s Recep Tayyip Erdogan have exchanged views on ways to further strengthen cooperation within the framework of the two countries’ Comprehensive Economic Partnership Agreement, according to the UAE’s official WAM news agency.

The two also reviewed a number of issues of mutual interest, particularly developments in the Middle East and their serious implications for regional and international security and stability, the statement added.

The call also addressed the UAE’s participation in SAHA Expo 2026, the international defence and aerospace exhibition being held in Istanbul, and the exhibition’s role in advancing international cooperation in these sectors.

$OG | $BANANA | $ICP

#BREAKING #UAE #Turkey #US #iran
Israel has forcefully displaced nearly 40,000 in West Bank since beginning of 2025: UN 🚨 Israel has forced nearly 40,000 Palestinians from their homes across the occupied West Bank since the beginning of last year, according to the United Nations. Farhan Haq, deputy spokesperson for the UN chief, cited figures drawn from the Office for the Coordination of Humanitarian Affairs during a briefing at UN headquarters in New York. He said Israeli actions, including ongoing demolitions, continue to drive displacement. In the first week of May alone, demolitions carried out by Israeli settlers displaced 42 Palestinians, including 24 children. Israeli forces and armed settlers are carrying out sustained attacks across West Bank cities under military protection, targeting civilians, their homes, and driving displacement. $OG | $BANANA | $ICP #BREAKING #WestBank #Israel #un #bank
Israel has forcefully displaced nearly 40,000 in West Bank since beginning of 2025: UN 🚨

Israel has forced nearly 40,000 Palestinians from their homes across the occupied West Bank since the beginning of last year, according to the United Nations.

Farhan Haq, deputy spokesperson for the UN chief, cited figures drawn from the Office for the Coordination of Humanitarian Affairs during a briefing at UN headquarters in New York.

He said Israeli actions, including ongoing demolitions, continue to drive displacement. In the first week of May alone, demolitions carried out by Israeli settlers displaced 42 Palestinians, including 24 children.

Israeli forces and armed settlers are carrying out sustained attacks across West Bank cities under military protection, targeting civilians, their homes, and driving displacement.

$OG | $BANANA | $ICP

#BREAKING #WestBank #Israel #un #bank
Kuwait expresses solidarity with Bahrain 🚨 Kuwait has expressed solidarity with Bahrain and voiced support after Manama’s “uncovering [of] an organization linked to the Iranian Revolutionary Guard”, the Kuwaiti Ministry of Foreign Affairs says in a statement posted on X. The ministry commended “the efficiency of the Bahraini security apparatus and its vigilance in confronting the plots targeting the Kingdom’s security”. The statement came after Bahrain’s Interior Ministry announced earlier on Saturday the arrest of 41 people accused of belonging to a group linked to the Iranian forces. $OG | $ICP | $BANANA #BREAKING #Kuwait #bahrain #news
Kuwait expresses solidarity with Bahrain 🚨

Kuwait has expressed solidarity with Bahrain and voiced support after Manama’s “uncovering [of] an organization linked to the Iranian Revolutionary Guard”, the Kuwaiti Ministry of Foreign Affairs says in a statement posted on X.

The ministry commended “the efficiency of the Bahraini security apparatus and its vigilance in confronting the plots targeting the Kingdom’s security”.

The statement came after Bahrain’s Interior Ministry announced earlier on Saturday the arrest of 41 people accused of belonging to a group linked to the Iranian forces.

$OG | $ICP | $BANANA

#BREAKING #Kuwait #bahrain #news
Israeli forces attack occupied West Bank, settlers storm village 🚨 Israeli forces attacked multiple locations in the occupied West Bank on Saturday. They included the town of Deir Jarir and the Jalazone refugee camp north of Ramallah, while settlers stormed the village of Khirbet Samra in the Jordan Valley, our correspondent reported. The raid on Deir Jarir came after settlers attacked a home in the village, according to our colleagues on the ground. $BANANA | $ICP | $OG #BREAKING #Israel #attack #bank #Lebanon
Israeli forces attack occupied West Bank, settlers storm village 🚨

Israeli forces attacked multiple locations in the occupied West Bank on Saturday. They included the town of Deir Jarir and the Jalazone refugee camp north of Ramallah, while settlers stormed the village of Khirbet Samra in the Jordan Valley, our correspondent reported.

The raid on Deir Jarir came after settlers attacked a home in the village, according to our colleagues on the ground.

$BANANA | $ICP | $OG

#BREAKING #Israel #attack #bank #Lebanon
Israeli strikes continue to hit southern Lebanon 🚨 We are in the city of Tyre right now, and we are hearing the sounds of explosions around us. A few minutes ago, there was a very large explosion, quite a distance away, but very loud where we are. Reports are coming in that it was on the town of Bydas, near Abbassiyeh. As we speak, a fighter jet is flying over the city of Tyre, and multiple drones have been flying over the city for most of today. There have been multiple strikes across southern Lebanon, causing a large number of casualties. The strike on Saksakieh on a building housing displaced people is still being responded to by the Lebanese civil defence, who are continuing to recover people from the rubble. The death toll from that strike appears to be continuing to rise. We have also seen Israel carry out multiple strikes on moving vehicles today. One struck a motorcycle in the Nabatieh district, killing a father and his daughter. Two other vehicles were struck on the main highway in the area of Saadiyat, on the road leading from the north to the south of the country, killing at least three people. And those strikes continue as we speak. $ICP | $OG | $BANANA #BREAKING #Israel #Lebanon #attack #CathieWoodandCZDiscussAIandStablecoins
Israeli strikes continue to hit southern Lebanon 🚨

We are in the city of Tyre right now, and we are hearing the sounds of explosions around us. A few minutes ago, there was a very large explosion, quite a distance away, but very loud where we are.

Reports are coming in that it was on the town of Bydas, near Abbassiyeh. As we speak, a fighter jet is flying over the city of Tyre, and multiple drones have been flying over the city for most of today.

There have been multiple strikes across southern Lebanon, causing a large number of casualties. The strike on Saksakieh on a building housing displaced people is still being responded to by the Lebanese civil defence, who are continuing to recover people from the rubble. The death toll from that strike appears to be continuing to rise.

We have also seen Israel carry out multiple strikes on moving vehicles today. One struck a motorcycle in the Nabatieh district, killing a father and his daughter. Two other vehicles were struck on the main highway in the area of Saadiyat, on the road leading from the north to the south of the country, killing at least three people. And those strikes continue as we speak.

$ICP | $OG | $BANANA

#BREAKING #Israel #Lebanon #attack #CathieWoodandCZDiscussAIandStablecoins
CENTCOM says naval blockade against Iran continues, 58 vessels redirected 🚨 The US naval blockade against Iran continues, the country’s military says, claiming forces have redirected 58 commercial vessels and disabled four since April 13 to prevent the ships from entering or leaving Iranian ports. The blockade, first announced in early April, is part of US efforts to pressure Iran to make a peace settlement and engage in talks over its nuclear programme, amid the ongoing US-Israeli war on the country. $ICP | $BANANA | $OG #BREAKING #US #CENTCOM #Israel #iran
CENTCOM says naval blockade against Iran continues, 58 vessels redirected 🚨

The US naval blockade against Iran continues, the country’s military says, claiming forces have redirected 58 commercial vessels and disabled four since April 13 to prevent the ships from entering or leaving Iranian ports.

The blockade, first announced in early April, is part of US efforts to pressure Iran to make a peace settlement and engage in talks over its nuclear programme, amid the ongoing US-Israeli war on the country.

$ICP | $BANANA | $OG

#BREAKING #US #CENTCOM #Israel #iran
‘No justification’: EU crisis chief condemns Israeli attacks on hospitals and journalists 🚨 European Union crisis management chief Hadja Lahbib has called for increased humanitarian access in southern Lebanon, where Israel has continued strikes and Hezbollah has launched retaliatory attacks despite a “ceasefire” currently in effect. “Humanitarian aid is ready, but too often it cannot reach those who need it most,” Lahbib told a news conference on the second day of her visit to Lebanon, in advance of an expected EU aid delivery. “We need humanitarian access in full respect of international humanitarian law. Aid cannot save lives if it cannot reach people,” said Lahbib. “Hospitals and ambulances targeted and journalists attacked [by Israel] for simply doing their job. There is no justification for this. International humanitarian law must be respected,” she added. A US-brokered ceasefire came into effect on April 17, but Israel has continued its strikes. Its troops occupy up to 10 kilometres (6.2 miles) inside Lebanon along the border, warning civilians not to return. $BANANA | $ICP | $OG #BREAKING #Eu #Israel #iran #US
‘No justification’: EU crisis chief condemns Israeli attacks on hospitals and journalists 🚨

European Union crisis management chief Hadja Lahbib has called for increased humanitarian access in southern Lebanon, where Israel has continued strikes and Hezbollah has launched retaliatory attacks despite a “ceasefire” currently in effect.

“Humanitarian aid is ready, but too often it cannot reach those who need it most,” Lahbib told a news conference on the second day of her visit to Lebanon, in advance of an expected EU aid delivery.

“We need humanitarian access in full respect of international humanitarian law. Aid cannot save lives if it cannot reach people,” said Lahbib.

“Hospitals and ambulances targeted and journalists attacked [by Israel] for simply doing their job. There is no justification for this. International humanitarian law must be respected,” she added.

A US-brokered ceasefire came into effect on April 17, but Israel has continued its strikes. Its troops occupy up to 10 kilometres (6.2 miles) inside Lebanon along the border, warning civilians not to return.

$BANANA | $ICP | $OG

#BREAKING #Eu #Israel #iran #US
World's Top Economies in 2026: 1. 🇨🇳 China - $43.49 Trillion 2. 🇺🇸 USA - $31.82 Trillion 3. 🇮🇳 India - $19.14 Trillion 4. 🇷🇺 Russia - $7.34 Trillion 5. 🇯🇵 Japan - $6.92 Trillion 6. 🇩🇪 Germany - $6.32 Trillion 7. 🇮🇩 Indonesia - $5.36 Trillion 8. 🇧🇷 Brazil - $5.16 Trillion 9. 🇫🇷 France - $4.66 Trillion 10. 🇬🇧 UK - $4.59 Trillion 11. 🇹🇷 Turkey - $3.98 Trillion 12. 🇮🇹 Italy - $3.82 Trillion 13. 🇲🇽 Mexico - $3.55 Trillion 14. 🇰🇷 South Korea - $3.49 Trillion 15. 🇪🇸 Spain - $2.94 Trillion 16. 🇸🇦 Saudi Arabia - $2.85 Trillion 17. 🇨🇦 Canada - $2.81 Trillion 18. 🇪🇬 Egypt - $2.53 Trillion 19. 🇳🇬 Nigeria - $2.39 Trillion 20. 🇵🇱 Poland - $2.12 Trillion 21. 🇹🇼 Taiwan - $2.07 Trillion 22. 🇦🇺 Australia - $2.06 Trillion 23. 🇻🇳 Vietnam - $1.94 Trillion 24. 🇮🇷 Iran - $1.93 Trillion 25. 🇹🇭 Thailand - $1.92 Trillion 26. 🇧🇩 Bangladesh - $1.90 Trillion 27. 🇵🇰 Pakistan - $1.76 Trillion 28. 🇵🇭 Philippines - $1.59 Trillion 29. 🇦🇷 Argentina - $1.58 Trillion 30. 🇲🇾 Malaysia - $1.56 Trillion 31. 🇳🇱 Netherlands - $1.56 Trillion 32. 🇨🇴 Colombia - $1.24 Trillion 33. 🇿🇦 South Africa - $1.06 Trillion 34. 🇦🇪 UAE - $1.00 Trillion 35. 🇸🇬 Singapore - $988.8 Billion 36. 🇰🇿 Kazakhstan - $973.4 Billion 37. 🇷🇴 Romania - $949.3 Billion 38. 🇧🇪 Belgium - $925.7 Billion 39. 🇩🇿 Algeria - $915.8 Billion 40. 🇨🇭 Switzerland - $909.1 Billion 41. 🇮🇪 Ireland - $836.7 Billion 42. 🇸🇪 Sweden - $809.5 Billion 43. 🇨🇱 Chile - $740.4 Billion 44. 🇮🇶 Iraq - $739.1 Billion 45. 🇺🇦 Ukraine - $730.8 Billion 46. 🇦🇹 Austria - $705.0 Billion 47. 🇵🇪 Peru - $682.8 Billion 48. 🇨🇿 Czech Republic - $677.7 Billion 49. 🇳🇴 Norway - $621.1 Billion 50. 🇭🇰 Hong Kong - $618.1 Billion 51. 🇮🇱 Israel - $600.5 Billion 52. 🇵🇹 Portugal - $556.4 Billion $ZEC | $BTC | $ETH #BREAKING #world #economy #china #US
World's Top Economies in 2026:

1. 🇨🇳 China - $43.49 Trillion
2. 🇺🇸 USA - $31.82 Trillion
3. 🇮🇳 India - $19.14 Trillion
4. 🇷🇺 Russia - $7.34 Trillion
5. 🇯🇵 Japan - $6.92 Trillion
6. 🇩🇪 Germany - $6.32 Trillion
7. 🇮🇩 Indonesia - $5.36 Trillion
8. 🇧🇷 Brazil - $5.16 Trillion
9. 🇫🇷 France - $4.66 Trillion
10. 🇬🇧 UK - $4.59 Trillion
11. 🇹🇷 Turkey - $3.98 Trillion
12. 🇮🇹 Italy - $3.82 Trillion
13. 🇲🇽 Mexico - $3.55 Trillion
14. 🇰🇷 South Korea - $3.49 Trillion
15. 🇪🇸 Spain - $2.94 Trillion
16. 🇸🇦 Saudi Arabia - $2.85 Trillion
17. 🇨🇦 Canada - $2.81 Trillion
18. 🇪🇬 Egypt - $2.53 Trillion
19. 🇳🇬 Nigeria - $2.39 Trillion
20. 🇵🇱 Poland - $2.12 Trillion
21. 🇹🇼 Taiwan - $2.07 Trillion
22. 🇦🇺 Australia - $2.06 Trillion
23. 🇻🇳 Vietnam - $1.94 Trillion
24. 🇮🇷 Iran - $1.93 Trillion
25. 🇹🇭 Thailand - $1.92 Trillion
26. 🇧🇩 Bangladesh - $1.90 Trillion
27. 🇵🇰 Pakistan - $1.76 Trillion
28. 🇵🇭 Philippines - $1.59 Trillion
29. 🇦🇷 Argentina - $1.58 Trillion
30. 🇲🇾 Malaysia - $1.56 Trillion
31. 🇳🇱 Netherlands - $1.56 Trillion
32. 🇨🇴 Colombia - $1.24 Trillion
33. 🇿🇦 South Africa - $1.06 Trillion
34. 🇦🇪 UAE - $1.00 Trillion
35. 🇸🇬 Singapore - $988.8 Billion
36. 🇰🇿 Kazakhstan - $973.4 Billion
37. 🇷🇴 Romania - $949.3 Billion
38. 🇧🇪 Belgium - $925.7 Billion
39. 🇩🇿 Algeria - $915.8 Billion
40. 🇨🇭 Switzerland - $909.1 Billion
41. 🇮🇪 Ireland - $836.7 Billion
42. 🇸🇪 Sweden - $809.5 Billion
43. 🇨🇱 Chile - $740.4 Billion
44. 🇮🇶 Iraq - $739.1 Billion
45. 🇺🇦 Ukraine - $730.8 Billion
46. 🇦🇹 Austria - $705.0 Billion
47. 🇵🇪 Peru - $682.8 Billion
48. 🇨🇿 Czech Republic - $677.7 Billion
49. 🇳🇴 Norway - $621.1 Billion
50. 🇭🇰 Hong Kong - $618.1 Billion
51. 🇮🇱 Israel - $600.5 Billion
52. 🇵🇹 Portugal - $556.4 Billion

$ZEC | $BTC | $ETH

#BREAKING #world #economy #china #US
🚨🇨🇳 China exports smash records despite Hormuz chaos While major economies struggle with supply chain disruptions, Chinese exports surged 14.1% YoY, crushing forecasts of 6.9% and hitting a record $359.4 billion in April, customs data shows 🟠Imports jumped 25.3% to $274.6 billion 🟠Trade surplus soared to $84.8 billion 🟠Exports to ASEAN climbed 15.2% 🟠Shipments to the US rose 11.3% despite ongoing tensions China is also expanding trade across Latin America and the EU, where exports rose 13.7% and 13.4% respectively Even as physical oil imports fell nearly 20%, China increased spending on crude imports by 13.2% Despite the Hormuz crisis pushing oil, freight and commodity prices to multi-year highs, China’s resilient industrial base and supply chain clout appear to be absorbing the shock. $ZEC | $INJ | $ENS #BREAKING #US #china #Hormuz #market
🚨🇨🇳 China exports smash records despite Hormuz chaos

While major economies struggle with supply chain disruptions, Chinese exports surged 14.1% YoY, crushing forecasts of 6.9% and hitting a record $359.4 billion in April, customs data shows

🟠Imports jumped 25.3% to $274.6 billion

🟠Trade surplus soared to $84.8 billion

🟠Exports to ASEAN climbed 15.2%

🟠Shipments to the US rose 11.3% despite ongoing tensions

China is also expanding trade across Latin America and the EU, where exports rose 13.7% and 13.4% respectively

Even as physical oil imports fell nearly 20%, China increased spending on crude imports by 13.2%

Despite the Hormuz crisis pushing oil, freight and commodity prices to multi-year highs, China’s resilient industrial base and supply chain clout appear to be absorbing the shock.

$ZEC | $INJ | $ENS

#BREAKING #US #china #Hormuz #market
🇨🇳 China is playing a proper mind game and is on the verge of leading the world. For the first time in 7 years, 🇬🇧 UK leaders will visit 🇨🇳 China for serious talks. 🔥 This has happened after the deterioration of the relationship between Keir Starmer and Trump, due to Trump’s illegal wars against Iran 🇮🇷. First Spain 🇪🇸, now the UK. Europe and China are getting closer and closer, all thanks to Trump. 🔥 China and Iran are winning like never before. 🔥🔥 $ZEC | $INJ | $ENS #BREAKING #UK #US #china #TRUMP
🇨🇳 China is playing a proper mind game and is on the verge of leading the world.

For the first time in 7 years, 🇬🇧 UK leaders will visit 🇨🇳 China for serious talks. 🔥

This has happened after the deterioration of the relationship between Keir Starmer and Trump, due to Trump’s illegal wars against Iran 🇮🇷.

First Spain 🇪🇸, now the UK. Europe and China are getting closer and closer, all thanks to Trump. 🔥

China and Iran are winning like never before. 🔥🔥

$ZEC | $INJ | $ENS

#BREAKING #UK #US #china #TRUMP
This is Massive from Italy 🇮🇹 🔥 A 49 year old Women is becoming the BIGGEST HEADACHE for 79 year old Trump 🔥 🇺🇸 Trump at 2:00 PM : “Meloni is not the old Meloni. I was shocked by that. I thought she was a brave person, but I was mistaken.” 🇮🇹 Meloni at 10:00 PM : My primary duty is to safeguard our national interest and this is not our WAR. I can't support it. 🔥🔥 Spine is so strong that it refuses to bow down 💪🔥. Massive Respect 👌 $ZEC | $INJ | $ENS #BREAKING #italy #US #TRUMP #news
This is Massive from Italy 🇮🇹 🔥

A 49 year old Women is becoming the BIGGEST HEADACHE for 79 year old Trump 🔥

🇺🇸 Trump at 2:00 PM : “Meloni is not the old Meloni. I was shocked by that. I thought she was a brave person, but I was mistaken.”

🇮🇹 Meloni at 10:00 PM : My primary duty is to safeguard our national interest and this is not our WAR. I can't support it. 🔥🔥

Spine is so strong that it refuses to bow down 💪🔥. Massive Respect 👌

$ZEC | $INJ | $ENS

#BREAKING #italy #US #TRUMP #news
🚨 #BREAKING: 🇺🇸America has once again warned Chinese oil refineries not to purchase Iranian oil, saying that any company continuing to buy oil from Iran could face heavy economic sanctions from the U.S. 🇨🇳China says: No matter what kind of economic sanctions you impose on us, we are not afraid. Even if it’s 100% or 200% sanctions, we will continue buying oil from Iran. $ZEC | $INJ | $ENS #US #china #oil #iran
🚨 #BREAKING:

🇺🇸America has once again warned Chinese oil refineries not to purchase Iranian oil, saying that any company continuing to buy oil from Iran could face heavy economic sanctions from the U.S.

🇨🇳China says: No matter what kind of economic sanctions you impose on us, we are not afraid. Even if it’s 100% or 200% sanctions, we will continue buying oil from Iran.

$ZEC | $INJ | $ENS

#US #china #oil #iran
🚨 PUTIN JUST FIRED A SHOT AT THE WESTERN FINANCIAL ORDER. 🇷🇺 Russia is rewriting the global energy game: Oil & gas trades shifting to Rubles and Yuan — bypassing the Dollar and Euro entirely. This isn’t just energy policy. It’s a direct challenge to Western economic dominance. The global power balance is changing fast. ⚡ $ZEC | $INJ | $ENS #BREAKING #US #russia #oil #GAS
🚨 PUTIN JUST FIRED A SHOT AT THE WESTERN FINANCIAL ORDER.

🇷🇺 Russia is rewriting the global energy game:
Oil & gas trades shifting to Rubles and Yuan — bypassing the Dollar and Euro entirely.

This isn’t just energy policy.
It’s a direct challenge to Western economic dominance.

The global power balance is changing fast. ⚡

$ZEC | $INJ | $ENS

#BREAKING #US #russia #oil #GAS
Higher costs linked to war pushed onto households, economist says 🚨 People in developed economies are cutting savings to maintain living standards, as higher costs linked to the Iran war are pushed directly onto households, an economist told. “Companies are effectively passing costs on to the end consumer,” said Paul Donovan, global chief economist for UBS Wealth Management. “Consumers in developed markets have been digging into their savings rate, cutting back how much money they save every month in order to afford the higher prices,” he told on “Connect the World.” His comments come as consumer sentiment in the US continued to decline this month, hitting a record low as the ongoing closure of the Strait of Hormuz rattles global energy markets. Donavon also warned that rising energy prices could leave households with less room for other everyday spending, as customers will prioritize higher fuel and utility bills. “The problem comes in when consumers are no longer willing to keep cutting back on their savings rate,” Donavon said. “Then you would start to see consumption have to be cut back in order to pay for the higher energy costs.” $ZEC | $ENS | $INJ #BREAKING #Binance #market #HouseholdDebtCrisis #world
Higher costs linked to war pushed onto households, economist says 🚨

People in developed economies are cutting savings to maintain living standards, as higher costs linked to the Iran war are pushed directly onto households, an economist told.

“Companies are effectively passing costs on to the end consumer,” said Paul Donovan, global chief economist for UBS Wealth Management.

“Consumers in developed markets have been digging into their savings rate, cutting back how much money they save every month in order to afford the higher prices,” he told on “Connect the World.”

His comments come as consumer sentiment in the US continued to decline this month, hitting a record low as the ongoing closure of the Strait of Hormuz rattles global energy markets.

Donavon also warned that rising energy prices could leave households with less room for other everyday spending, as customers will prioritize higher fuel and utility bills.

“The problem comes in when consumers are no longer willing to keep cutting back on their savings rate,” Donavon said. “Then you would start to see consumption have to be cut back in order to pay for the higher energy costs.”

$ZEC | $ENS | $INJ

#BREAKING #Binance #market #HouseholdDebtCrisis #world
China’s aluminium exports jump 15% as war on Iran squeezes global supply 🚨 China’s aluminium exports jumped 15 percent in April, compared with the same month last year, as the US-Israel war on Iran keeps the Strait of Hormuz effectively closed and global supplies of goods constrained. The Reuters news agency reports the jump in exports from customs data released on Saturday, noting that unwrought aluminium and product exports were 598,000 metric tonnes in April and year-to-date shipments hit 2.05 million tonnes. Analysts have been forecasting a strong year for Chinese aluminium exports due to the impact of the war on Iran. China’s export growth has also gathered pace as factories raced to meet a wave of overseas orders from buyers seeking to stockpile components amid fears that the war could push global input costs even higher. $ZEC | $INJ | $ENS #BREAKING #iran #china #aluminium #Export
China’s aluminium exports jump 15% as war on Iran squeezes global supply 🚨

China’s aluminium exports jumped 15 percent in April, compared with the same month last year, as the US-Israel war on Iran keeps the Strait of Hormuz effectively closed and global supplies of goods constrained.

The Reuters news agency reports the jump in exports from customs data released on Saturday, noting that unwrought aluminium and product exports were 598,000 metric tonnes in April and year-to-date shipments hit 2.05 million tonnes.

Analysts have been forecasting a strong year for Chinese aluminium exports due to the impact of the war on Iran.

China’s export growth has also gathered pace as factories raced to meet a wave of overseas orders from buyers seeking to stockpile components amid fears that the war could push global input costs even higher.

$ZEC | $INJ | $ENS

#BREAKING #iran #china #aluminium #Export
Oil prices jump amid renewed US-Iran fighting in Hormuz Strait, then settle 🚨 Brent ⁠crude oil futures jumped as much as 3 percent on Friday, as the US and Iran clashed in the Strait of Hormuz, but the gains were pared back amid optimism of an imminent agreement between Washington and Tehran to end the war. Brent crude futures settled at $101.29 per barrel, up $1.23 or 1.23 percent, after rising as much as 3 percent during the trading session on Friday. US West Texas Intermediate (WTI) futures finished at $95.42 per barrel, up ⁠$0.61, or 0.64 percent. John Kilduff, a partner with Again Capital – an investment firm – told the Reuters news agency there is much uncertainty in the market but a belief that an agreement is due. “We’re on the cusp of a breakthrough in negotiations or we’re on the cusp of a renewal of the fighting. We’ve been here a lot,” he said. “There is a sense in the market that there is going to ‌be an agreement and we’ll get the next phase which would be 30 days to hammer out an agreement (between Iran and the US),” Kilduff said. $ZEC | $INJ | $ENS #BREAKING #US #iran #oil #Hormuz
Oil prices jump amid renewed US-Iran fighting in Hormuz Strait, then settle 🚨

Brent ⁠crude oil futures jumped as much as 3 percent on Friday, as the US and Iran clashed in the Strait of Hormuz, but the gains were pared back amid optimism of an imminent agreement between Washington and Tehran to end the war.

Brent crude futures settled at $101.29 per barrel, up $1.23 or 1.23 percent, after rising as much as 3 percent during the trading session on Friday.

US West Texas Intermediate (WTI) futures finished at $95.42 per barrel, up ⁠$0.61, or 0.64 percent.

John Kilduff, a partner with Again Capital – an investment firm – told the Reuters news agency there is much uncertainty in the market but a belief that an agreement is due.

“We’re on the cusp of a breakthrough in negotiations or we’re on the cusp of a renewal of the fighting. We’ve been here a lot,” he said.

“There is a sense in the market that there is going to ‌be an agreement and we’ll get the next phase which would be 30 days to hammer out an agreement (between Iran and the US),” Kilduff said.

$ZEC | $INJ | $ENS

#BREAKING #US #iran #oil #Hormuz
What we know about Iran’s response to the latest US ceasefire proposal 🚨 The US administration of President Donald Trump remains upbeat about reaching a deal with Iran to end the war, but Tehran has not yet formally responded to Washington’s latest proposal. How is Iran likely to respond to the latest US ceasefire proposals? And will Tehran have to make significant compromises to reach a deal? $INJ | $ZEC | $ENS #BREAKING #US #iran #CLARITYActHearingSetforMay14 #IranDealHormuzOpen
What we know about Iran’s response to the latest US ceasefire proposal 🚨

The US administration of President Donald Trump remains upbeat about reaching a deal with Iran to end the war, but Tehran has not yet formally responded to Washington’s latest proposal.

How is Iran likely to respond to the latest US ceasefire proposals?

And will Tehran have to make significant compromises to reach a deal?

$INJ | $ZEC | $ENS

#BREAKING #US #iran #CLARITYActHearingSetforMay14 #IranDealHormuzOpen
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