Billionz Multi-Asset Weekly Newsletter
Markets Search for Direction as Earnings and Macro Forces Collide Global Developments: This time around Trump has not yet pivoted to a reconciliatory tone with Iran after an escalation and that keeps sentiment on the edge. US has struck Iran everyday for almost 2 weeks now. Ship Passage through SoH is nearly at a standstill. Houthi-Saudi clashes infact threaten to choke another key strait i.e. Bab-El-Mandab, resulting in further supply constraints. Tariffs are back! US has imposed 10-12.5% tariffs on most major trading partners for failing to stop use of forced labor in supply chains. ECB kept rates unchanged this...










