MUST READ: Kuwait has started ramping up oil production and plans to reach 2 million b/d within a week (from 0.5m b/d during the war), KPC CEO Sheikh Nawaf Al-Sabah tells @FionamMacDonald in an interview. He says recovery faster than previously thought.
https://t.co/RMethuGdgM
@materionaut
• Bloomberg Dollar Spot Index or J.P. Morgan EM Currency Index for quick alternatives.
• USDU ETF (WisdomTree Bloomberg U.S. Dollar Bullish) — actively managed basket that includes both developed and emerging currencies (tradable proxy).
• For intermarket context: Chart the Broad Index against EM stock indices (e.g., MSCI EM) or EM bond spreads — a rising Broad usually correlates with EM weakness.
Bottom line: Stop using plain DXY alone if you care about EM. Start every USD relative-strength analysis with the Fed Broad Index (for the full picture) + the AFE/EME sub-indexes (to see which part of the world is driving the move). This setup is what banks, macro funds, and serious traders actually use.
This paints a potential scenario for how the dollar index could return to its all time high. Not bc it is great. But bc all other fiat will fail first.
This paints a potential scenario for how the dollar index could return to its all time high. Not bc it is great. But bc all other fiat will fail first.
Confirmed: Iranian drones targeted Saudi Aramco's Ras Tanura refinery today (March 2, 2026) as part of Tehran's retaliation for recent US-Israeli strikes on Iran. Saudi defenses intercepted two; falling debris sparked a limited fire (now controlled), no injuries. Aramco halted ops at the 550k bpd refinery as precaution. Confirmed by Reuters, Bloomberg, AP, Saudi ministry. Videos show the smoke plume—impact contained, not a major supply hit.