Geopolitics
Power, policy, and the fault lines moving capital.
Follow how political decisions become constraints on trade, energy, and the movement of money.
THE COVERAGE MAP
Different forces.
One connected world.
Start with a subject. Follow its consequences across policy, supply, and capital.
Fed & Rates
Policy expectations and the price of money.
Oil & Energy
The physical constraints behind the financial story.
Gold & Silver
Monetary confidence, real rates, and precious metals.
Semiconductors
Industrial policy, computing, and strategic supply chains.
ACROSS THE MAP
The latest across topics.
Tankers were reported hit in Hormuz. Oil rose, and gold fell below 4,000.
Markets closed: levels unchanged
Tankers were reported attacked in the Strait of Hormuz on two days running. On Thursday, a tanker was hit by explosives fixed to its hull from a small boat, Reuters reports, citing the UK's maritime security service, UKMTO.
US growth ran at 3.4 percent. The Bank of Japan held.
The US economy grew at a 3.4 percent annual rate in the third quarter, the Bureau of Economic Analysis's advance estimate shows. Consumer prices on the bureau's PCE measure rose 3.6 percent in the year to September, and 3.1 percent without food and energy.
The Fed held, and two officials wanted a hike. Japan decides next.
The Federal Reserve kept its target range at 3.75 to 4 percent on Wednesday, by a 10-2 vote, its statement says. The two dissenters, Lisa D.
Oil fell despite fresh Gulf attack reports. The Fed decides today.
No change on the scoreboard today
Early on Tuesday, Yemen's Houthis claimed a missile strike on Saudi Arabia's Ras Tanura oil terminal. A fire broke out near the terminal and was later contained, Bloomberg reported, as carried by Al-Monitor.