DXY is testing the bottom of its recent range:
AUD is the inverse:
Shorts are slowly diminishing:
Oil is the great white hope for lower prices but more recession:
Dirt was firm:
Big miners (NYSE:RIO) to the moon:
EM (NYSE:EEM) stalled:
But junk (NYSE:HYG) is the leading indicator:
The Treasury steepened for once:
Which stocks hated:
US PPI came in a bit hotter than expected but not terrribly so:
Fed nowcast inflation for CorePCE is stuck fast:
Brace!