Sovereign Intelligence

Macro & Geopolitical Intel

US Close Wed Sep 2 | ASX Close Thu Sep 3 · 6:30 AM AEST
Bottom Line (15 Sec)
Iran Red Sea Escalation: Tehran orders Houthi forces to prepare a naval blockade of Bab el-Mandeb. Dual-chokepoint crisis puts 100% of Persian Gulf oil at risk.
Fed "Warsh Put": July minutes confirm Fed's "hawkish data-dependence." Sept 16 hike to 4.00% is a live market risk.
Gold Record: Spot Gold hits $4,468/oz. Geopolitical stress and USD-debasement hedging at war-era highs.
Central Banks
Fed Funds Rate
3.75% (Next: Sep 16)
RBA Cash Rate
4.35% (Hold)
Commodities
Brent Crude
$98.10
Spot Gold
$4,468.6
Iran War — Day 188

Status: Critical escalation in the Red Sea. Houthi blockade threats against Saudi oil exports (Yanbu) represent a qualitative shift in the conflict. The "contained" narrative for Hormuz is now physically challenged by the threat to the Bab el-Mandeb alternative.

Brent-WTI Spread: $5.37 (Dislocation Threshold Breached). Physical supply premium is re-widening.

Portfolio Summary (A$117.7k)
Symbol Price (USD) Chg % A$ Value P&L %
AVGO$367.24-0.66%$5,626-13.5%
META$592.85+2.47%$14,862-2.4%
MSFT$496.82-0.84%$20,758+20.8%
RDDT$158.10+9.31%$15,193-2.2%
TSM$415.50+0.36%$7,522+3.5%
MU$956.08+2.43%$10,652+38.9%
QQQU$57.40+1.57%$9,033-50.5%
CBRS$184.52+6.89%$4,882-38.3%