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Chris Becker
31.07.24 Macro Morning By Chris Becker - Jul 31, 2024

Wall Street couldn’t get a leg up overnight as the soft Microsoft (NASDAQ:MSFT) earnings pulled the NASDAQ back while currency markets remain in the thrall of King Dollar as speculation the Bank of...

David Llewellyn-Smith
Australia dollar arrests crash By David Llewellyn-Smith - Jul 31, 2024

DXY is firm: AUD is not convincing: JPY is signalling more trouble ahead: As is oil or does OPEC prefer Kamala? Commods also unconvincing: BHP (ASX:BHP) broke: EM struggling to hold...

Chris Becker
30.07.24 Macro Morning By Chris Becker - Jul 30, 2024 1

Bit of a wobbly night on Wall Street with no follow through from the more bullish returns from Friday although it initially started much higher. Confidence is lagging across risk markets as traders...

David Llewellyn-Smith
Australian dollar heads into hard landing By David Llewellyn-Smith - Jul 30, 2024

DXY is firm and its uptrend is intact: AUD is not well: North Asia is volatile: Oil puked: Commods puked: Miners puked: EM is holding support: Junk is da man: As yields roll over: But stocks can’t...

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