Good day, Trader

Possible drivers

• ›Geopolitical supply shock bid energy, hit risk assets

  high

  — TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZ

  • TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZPREVICT · Tue 1 Sep · 17:36 UTC

    news://7c8e4c8bcbc49d8f

  • US Treasury Secretary Bessent: Oil will be going on land pipelines, not via Hormuz.Breaking headlines · Tue 1 Sep · 13:42 UTC

    news://ee2399ef1703db62

• ›European security escalation drove haven and defensive bid

  medium

  — EC Pres. von der Leyen: We're going to discuss Leipzig attack with NATO's Rutte.

  • EC Pres. von der Leyen: We're going to discuss Leipzig attack with NATO's Rutte.Breaking headlines · Tue 1 Sep · 15:42 UTC

    German Interior Minister: Russia was involved in the attempted drone attack on a Ukrainian cargo plane at Leipzig/Halle Airport German Interior Minister: Leipzig incident matches the model of Russian operations in Europe and forms part of broader Russian hybrid attacks EU's von der Leyen: EU stands in full solidarity with Germany following the attack Von der Leyen: Foreign ministers will prepare the matter, including potential additional sanctions, at their upcoming meeting Von der Leyen: Will discuss the Leipzig attack with NATO Secretary General Mark Rutte tomorrow Russian ambassador to Germany enters the Foreign Ministry in Berlin

    news://0dbafdb4214e5673

  • Russia: Germany's sanctions over the Leipzig allegations are an unprecedented escalation and will not go unanswered.Breaking headlines · Tue 1 Sep · 18:51 UTC

    news://99bc9135f1eeaee4

• ›Softer logistics and manufacturing data weighed cyclicals

  medium

  — Goldman Sachs Tariff Tracker: US Import Flows Remain Firm, but West Coast Trucking Has Softened

  • Goldman Sachs Tariff Tracker: US Import Flows Remain Firm, but West Coast Trucking Has SoftenedBreaking headlines · Tue 1 Sep · 12:51 UTC

    US-bound vessel volumes from China rose 3% week-on-week and 10% year-on-year. Port of Los Angeles TEUs are expected to fall 15% next week after an 11% weekly increase, before rebounding 28% the following week. Year-on-year growth is expected to move from -6% to +54% across those two weeks, keeping the focus on whether importers are restocking, whether peak shipping began early this spring, and how lower effective tariff rates are influencing orders. West Coast trucking activity weakened through July and August, suggesting some of the May-June pull-forward may be fading. However, LA imports are still pointing to year-on-year growth, intermodal volumes remain positive, and the latest trucking loads rose 6% week-on-week. If order activity improves, rates and load volumes could stabilise and recover later in the year, although trade uncertainty remains high.

    news://bd0254eb1c93122c

Sentiment by horizonclick a cell for the driver

Themes

• TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZDirect supply threat near Hormuz boosts oil and energy, pressures broad risk.XLEBRENTUSOSPY-0.10
• Russia: Germany's sanctions over the Leipzig allegations are an unprecedented escalation and will not go unanswered.Escalation widens European security premium, supports havens.EWGEFAGOLDSPY-0.50
• US Treasury Secretary Bessent: Oil will be going on land pipelines, not via Hormuz.Pipeline shift may alter oil logistics and energy pricing.XLEBRENTWTIUSO+0.30
• August Risk Rally Accompanied by a Sharp Rise in Long-Term YieldsElevated long-end yields pressure richly valued long-duration tech.XLKQQQSMHSPY-0.30

Possible drivers

• ›Geopolitical supply shock bid energy, hit risk assets

  high

  — TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZ

  • TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZPREVICT · Tue 1 Sep · 17:36 UTC

    news://7c8e4c8bcbc49d8f

  • US Treasury Secretary Bessent: Oil will be going on land pipelines, not via Hormuz.Breaking headlines · Tue 1 Sep · 13:42 UTC

    news://ee2399ef1703db62

• ›European security escalation drove haven and defensive bid

  medium

  — EC Pres. von der Leyen: We're going to discuss Leipzig attack with NATO's Rutte.

  • EC Pres. von der Leyen: We're going to discuss Leipzig attack with NATO's Rutte.Breaking headlines · Tue 1 Sep · 15:42 UTC

    German Interior Minister: Russia was involved in the attempted drone attack on a Ukrainian cargo plane at Leipzig/Halle Airport German Interior Minister: Leipzig incident matches the model of Russian operations in Europe and forms part of broader Russian hybrid attacks EU's von der Leyen: EU stands in full solidarity with Germany following the attack Von der Leyen: Foreign ministers will prepare the matter, including potential additional sanctions, at their upcoming meeting Von der Leyen: Will discuss the Leipzig attack with NATO Secretary General Mark Rutte tomorrow Russian ambassador to Germany enters the Foreign Ministry in Berlin

    news://0dbafdb4214e5673

  • Russia: Germany's sanctions over the Leipzig allegations are an unprecedented escalation and will not go unanswered.Breaking headlines · Tue 1 Sep · 18:51 UTC

    news://99bc9135f1eeaee4

• ›Softer logistics and manufacturing data weighed cyclicals

  medium

  — Goldman Sachs Tariff Tracker: US Import Flows Remain Firm, but West Coast Trucking Has Softened

  • Goldman Sachs Tariff Tracker: US Import Flows Remain Firm, but West Coast Trucking Has SoftenedBreaking headlines · Tue 1 Sep · 12:51 UTC

    US-bound vessel volumes from China rose 3% week-on-week and 10% year-on-year. Port of Los Angeles TEUs are expected to fall 15% next week after an 11% weekly increase, before rebounding 28% the following week. Year-on-year growth is expected to move from -6% to +54% across those two weeks, keeping the focus on whether importers are restocking, whether peak shipping began early this spring, and how lower effective tariff rates are influencing orders. West Coast trucking activity weakened through July and August, suggesting some of the May-June pull-forward may be fading. However, LA imports are still pointing to year-on-year growth, intermodal volumes remain positive, and the latest trucking loads rose 6% week-on-week. If order activity improves, rates and load volumes could stabilise and recover later in the year, although trade uncertainty remains high.

    news://bd0254eb1c93122c

Sentiment by horizonclick a cell for the driver

Themes

• TRUMP CONFIRMS MAJOR U.S. STRIKES NEAR HORMUZDirect supply threat near Hormuz boosts oil and energy, pressures broad risk.XLEBRENTUSOSPY-0.10
• Russia: Germany's sanctions over the Leipzig allegations are an unprecedented escalation and will not go unanswered.Escalation widens European security premium, supports havens.EWGEFAGOLDSPY-0.50
• US Treasury Secretary Bessent: Oil will be going on land pipelines, not via Hormuz.Pipeline shift may alter oil logistics and energy pricing.XLEBRENTWTIUSO+0.30
• August Risk Rally Accompanied by a Sharp Rise in Long-Term YieldsElevated long-end yields pressure richly valued long-duration tech.XLKQQQSMHSPY-0.30