Good Morning!
The energy crisis looked like it was over; however, yesterday we got renewed tensions in the Strait as Iran hit three ships and the US retaliated by removing sanction waivers for Iranian oil and additional military strikes. All eyes are on what this means for the signed MoU, with Trump saying today that he thinks the ceasefire is over.
Data-wise, this week the main release is China’s inflation, which is expected to remain subdued. Next week, US inflation is expected to tick down in both readings, and China’s GDP is expected to soften to 4.7% annual growth.

Important Dates


WE CALLED IT

PUMP — Long
+28%
$0.0013 → $0.0167BTC — Long
+3.8%
$58,700 → $61,000
SOL — Short
+3%
$81.8 → $79.4SOL — Short
+2%
$82.7→ $81

WIZARD’S WEEKLY MUSING
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