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David Bassanese
Hawkish pause By David Bassanese - Sep 25, 2023

Global marketsThe ‘no-landing’ correction in global equities continued last week, with the S&P 500 down a chunky 2.9% and US 10-year bond yields rising another lazy 0.10% to 4.44%. The...

David Llewellyn-Smith
Australian dollar all time short chases 40 cents By David Llewellyn-Smith - Sep 25, 2023

DXY is breaking out:AUD managed to firm but it’s not going anywhere: The CFTC AUD short is at an all-time high near -100k contracts:One reason why is CNY is nailed to the floor:Oil is now a...

James Picerno
Treasury Market Plays Catch-Up With Higher-for-Longer Risk By James Picerno - Sep 22, 2023

The collective wisdom of the bond market for much of this year has been betting that interest rates would soon peak and fall. But those bets appear to be unwinding in the wake of Wednesday’s...

David Llewellyn-Smith
Australian dollar smacked with global stock markets By David Llewellyn-Smith - Sep 22, 2023

DXY held the gains:AUD was smacked:CNY is deteiorating again:Oil eased. Gold fell:The Crap Complex of dirt, miners, EM and junk all puked:As Treasury yields bull steepened:Which hammered stocks,...

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