Iran's Revolutionary Guards warned Saturday they will close the Strait of Hormuz completely if Trump targets energy facilities. The threat came as Asian markets plunged on dimming hopes for resolution. Japan and Korea stocks led declines as risk appetite collapsed.
Oil jumped 3% Friday after Iran struck Middle East energy infrastructure. UK gilt yields spiked to 5% marking the highest borrowing costs since 2008. The FT warned an inflationary energy shock has drained optimism over rate cuts and hammered popular hedge fund trades.
India's central bank burned through $20B in foreign reserves this month defending the rupee from war fallout. Traders now price 50% odds of US rate hikes by October dealing a blow to Trump's cut demands. The dollar headed for weekly losses despite haven flows as global central banks turned hawkish.
WBI WaterBridge Infrastructure SI jumped 9 points in three days to 15.7% as pipeline operators absorbed defensive shorts. BIAF bioAffinity Technologies SI surged 35 points weekly to 57.2% with cost to borrow spiking to 387% showing severe scarcity.
ULCC Frontier Group hit 51.8% SI as budget airlines battled crude above $95. Energy names drew options frenzy. Occidental Petroleum topped sentiment rankings surging 48% year to date on supply disruption bets.
WULF TeraWulf CFO dumped $9.3M Wednesday marking the largest US insider sale this week. ASTS AST SpaceMobile President sold $4.5M as executives fled systematically. Asian buyers showed conviction with Krafton CEO adding $3.3M and BIEM Garment CEO purchasing $7.7M across five days.
Earnings calendars stayed light as corporate America entered wait mode. Zero high profile names report through Friday.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
