#Oil has yo-yoed both on supply-&-demand issues but also the #MiddleEast ceasefires between #Israel & #Hamas & #Hezbollah that already look under threat.

Q2 doesn't look like it is going to get any easier on the whole.

#Trump will be detailing his grand #global #tariff plan he has dubbed ‘liberation day' on Wednesday. For investors, the big question is whether it will end up triggering #recessions.

#Bitcoin has been volatile as usual. It raced up almost 20% when #Trump took office, only to dive nearly 30% when his plans for a #US #cryptocurrency reserve failed to impress.

And if you think that's bad just look at #Musk’s #Tesla share price versus its main rival #BYD since inauguration day. Ouch.

At the bottom of the FX pile are #Turkey's #lira & the #Indonesian #rupiah. The former is down nearly 7%, much of it after #Erdogan's main political rival was detained last week.

The rupiah, meanwhile, has hit its lowest since the 1998 Asian financial crisis amid worries about #Jakarta's finances & that it is sliding back towards #military domination.

The #dollar's 4% drop gives emerging market currencies a chance to shine.

#Trump's re-engagement w/ #Russia & #Putin has helped the #ruble surge 35%, although it remains heavily restricted in most major economies by sanctions.

#Poland's zloty & the #Czech crown that also stand to benefit if the #Ukraine conflict ends are near the top of the list, w/gains of over 5%, while even #Mexico's peso & #Canada's dollar are in positive territory despite all #tariff traumas.

"The #dollar view has unravelled very quickly this year," said State Street Global Markets' Michael Metcalfe. "I think there has been an element of take what was said at the start of the year & just flip it."

Just as jarring, the 'Magnificent Seven' #US #tech giants have been hit for 6. They have been a cash cow for portfolios for years but have shed nearly $2T & been left for dust by #Chinese rivals & #Europe's defense firms.

@OutOfSpace

All I can tell you is that this is like a super-vulcano ready to blow up ANY time.

What I can't tell you though is, how far the #risk has already spread through the #GlobalEconomy.

Have, for instance, European #Banks again been bying up mixed risk #securities from the #US like hell, or has their past experience made them more careful ?

I don't know.

Maby the @EUCommission , @ecb can tell us all more about this ?!