Key Points
- Brent crude futures rise to $107.88 per barrel at 8:40 am BST.
- Iran’s Parliament Speaker Ghalibaf has withdrawn from the negotiating team.
- President Trump calls off negotiations with Iran.
- The US blockade is “going global,” according to Secretary of War Pete Hegseth.
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Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.