· Friday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Post-hike digestion: BOJ hikes, BOE holds hawkishly, sell-side splits on how many more
One day after the first hike in three years, the Fed's delivered tightening is being digested rather than extended — stocks and bonds rallied together as oil fell and the 10-year slipped back below 5% , while the sell-side split into a "cycle" camp and a "calibration" camp and the BOJ hiked and the BOE held hawkishly, leaving the inflation-driven positive stock-bond correlation regime intact but with a rare negative-correlation print on top of it .
Brent slips to $103.83 as Iran strikes a Togo-flagged tanker and Riyadh floats a two-week Yemen ceasefire via Oman
The two-sided correction deepened over the past 24 hours — Brent fell about 1% to $103.83 and WTI traded below $100 intraday on 9/17 — as Saudi workarounds and a Saudi two-week ceasefire proposal to the Houthis via Oman pulled risk premium out of the barrel, even as Iran claimed it struck a Togo-flagged tanker in the strait and warned unauthorized passage would bring "destruction" .