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David Llewellyn-Smith
Australian dollar poleaxed by global shock By David Llewellyn-Smith - Aug 03, 2023

DXY to the moon and EUR to where it deserves:AUD poleaxed and near breaking to one year lows:Oil and gold could not stand the heat:Dirt hosed but still pricing a recovery:Big miners (NYSE:RIO)...

Chris Becker
03.08.23 Macro Morning By Chris Becker - Aug 03, 2023

The selloff in stocks continued overnight as Wall Street reeled following the ratings downgrade by Fitch with the USD further advancing against the major currency pairs in a safe haven scramble. The...

Chris Becker
02.08.23 Macro Afternoon By Chris Becker - Aug 02, 2023

Asian stock markets are the first to react to the post close shock of the Fitch US downgrade with a broad selloff across the region and a run to safe havens. S&P futures are down considerably with...

David Llewellyn-Smith
Australian dollar canary warns of global recession By David Llewellyn-Smith - Aug 02, 2023 1

The DXY false break is confirmed. Up we go as EUR plunges: AUD was bashed to new lows:   The entire Complex of commods, miners, EM and junk – reversed. Oil and gold led it: Dirt was...

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