#DziedzicNews 1️⃣🇺🇦🇸🇦Escalation of attacks on energy infrastructure in the Middle East and Ukraine Houthi attacks on the Riyadh airport, strikes on oil infrastructure in Saudi Arabia and the Strait of Hormuz, combined with Ukrainian strikes on Russian refineries, have heightened supply risks for crude oil. This directly intensifies inflationary pressures and supports a strong dollar, increasing uncertainty in global markets. 2️⃣💰The US dollar near an 18-month high The dollar index remains elevated due to higher interest rates, robust US economic growth, and demand for safe-haven assets amid geopolitical threats. Sustained USD strength could suppress risk assets and increase financing costs for emerging markets. 3️⃣🟠Bitcoin hovers around $81–84K ahead of CPI BTC rebounded from local lows below $81K but remains under pressure from high oil prices, a strong dollar, and outflows from ETFs, with key support in the $80–82K range. Inflation data could trigger sharp moves, potentially reinforcing or weakening expectations of further Fed tightening. 4️⃣🏦Awaiting key US September CPI data The release of consumer price inflation data today (October 14) is at the center of market attention, with forecasts pointing to a possible annual rise of around 3.6%. A hotter reading could strengthen the dollar and bond yields, while a cooler print could open the door to relief in risk assets, including cryptocurrencies. 5️⃣🇺🇦Starlink service restrictions in Ukraine Reports indicate connectivity limitations for Starlink terminals (particularly at higher speeds), disrupting Ukrainian operations during Russian missile strikes on Kyiv, with accusations of possible intervention by the Trump administration. This weakens Ukraine’s defensive capabilities and heightens tensions surrounding allied support. 6️⃣🇺🇸Trump’s comments on an energy ceasefire between Russia and Ukraine President Trump announced progress in talks regarding an “energy ceasefire” and Russian diesel deliveries, temporarily easing pressure on oil prices. However, uncertainty over the agreement’s durability and ongoing attacks continue to sustain elevated volatility in commodity and risk markets. 7️⃣🟠Outflows from US spot Bitcoin and Ethereum ETFs Spot Bitcoin ETFs recorded outflows (including from IBIT), while Ethereum ETFs continued their streak of negative flows, signaling institutional caution. This limits demand support for crypto amid concurrent macro and geopolitical risks. 8️⃣🛢️High and volatile crude oil prices (Brent ~$105–107) Oil prices remain elevated due to infrastructure attacks and threats in the Strait of Hormuz, despite periodic relief. Sustained high levels increase inflationary risks and support a hawkish Fed stance, weighing on risk assets. 9️⃣🇺🇦🇷🇺Ukraine continues strikes on Russian refineries Attacks on Russian oil facilities (including in Rostov) further complicate global supply chains and undermine efforts at energy de-escalation. This sustains geopolitical risk premiums in oil and currency markets. 🔟🟠Crypto markets respond to macro-geo mix Liquidations and volatility in BTC/ETH stemmed from oil spikes and dollar strength, with partial rebounds triggered by signs of geopolitical relief. Further developments depend on today’s CPI data and potential escalations, which could prolong consolidation or trigger sharp moves. Market Sentiment: Bearish 🔴 Which of these 10 stories will most strongly impact markets? Share your opinion in the comments and follow us to track X trends in real time daily!