· Tuesday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Hammack's hawkish "smaller, more frequent" push meets Waller's dovish yield hand-off as CPI looms
Cleveland Fed President Hammack used a reaction-function speech to argue more restraint is needed and that inflation pressures are spreading beyond AI, while Governor Waller said the long-end yield surge is already doing some of the tightening — leaving October priced near an 83% hold, December near 71%, and the CPI print as the only near-term arbiter .
Six ships struck in Hormuz in a day as empty supertankers turn away from the Gulf and UBS loadings slide
The attack tempo escalated again on the shipping lane — UKMTO notices logged six vessels struck on 10/11 in the Strait of Hormuz and the nearby Gulf of Oman, and Iran's IRGC Navy said on 10/12 it hit a third "violating" large tanker in two days — while at least 10 VLCCs plus several Suezmax tankers halted or turned around en route to Fujairah and empty supertankers kept away from the Persian Gulf, with oil holding its advance and WTI near $93 .