Weekly column: Strait of Hormuz and the symbolism of Jupiter in global shipping

As the conflict expands and more countries get dragged in, this is starting to look more like a world war. The bond markets are signaling monetary stress, whilst the technology stocks remain optimistic at the autumn ingress.

The giveaway economy

Two stories caught my attention today — both dealing with governmental giveaways. The first reported on the Motion Picture, Television, and Entertainment Revitalization Act currently under consideration. This legislation would support our domestic film industry.

CEG price outlook: Constellation Energy Corporation breaks below 0.786 support arc. Potential decline toward 245.00

Based on Arc Cycle Analysis applied to the 2h chart, Constellation Energy Corporation has broken below the 0.786 Support Arc within the current Arc Cycle. The breakdown confirms a bearish shift in price structure and opens the potential for continued movement toward the next Support Arc.

COT report – September 25, 2026

Weekly futures-market positioning across major currencies, energy and metals. COT is a positioning indicator and should not be interpreted as a standalone price forecast.

CFTC Report: Defensive currency positioning takes hold

The week in one sentence: Sterling and Euro shorts deepened in the week to September 22, while Yen longs were cut sharply. Oil positioning improved despite a steep price decline, and Gold exposure remained crowded. The main signal was a more defensive currency positioning backdrop.

Binance buys $100 million Circle stake in five-year USDC promotion deal

Binance bought $100 million of Circle stock at a discount alongside a five-year deal to promote USDC, per an SEC filing.

The post Binance buys $100 million Circle stake in five-year USDC promotion deal appeared first on Forex Crunch.

Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule

The ECB and EU central banks want MiCA's 30%/60% stablecoin bank-deposit rule scrapped for liquidity thresholds, moving closer to the US GENIUS Act if adopted.

The post Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule appeared first on Forex Crunch.

ECB to invest part of its own funds in tokenised securities

The ECB is preparing to put part of its own funds into tokenised securities settled in central bank money via Pontes.

The post ECB to invest part of its own funds in tokenised securities appeared first on Forex Crunch.

Saudi Arabia’s exit leaves mBridge running without its western architects

Saudi Arabia's central bank has left mBridge, the China-led cross-border CBDC payments platform, after its proof of concept and the BIS's 2024 exit.

The post Saudi Arabia’s exit leaves mBridge running without its western architects appeared first on Forex Crunch.

Brazil bars stablecoins from eFX settlement leg under Resolution 561

Brazil's central bank bars stablecoins from the wholesale eFX settlement leg from 1 October 2026 under Resolution 561, while individual crypto transfers remain permitted.

The post Brazil bars stablecoins from eFX settlement leg under Resolution 561 appeared first on Forex Crunch.