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Chris Becker
06.08.24 Macro Morning By Chris Becker - Aug 06, 2024

Continued carnage on overnight markets as US recession fears and other macro concerns combine into a big selloff that is turning into a possible correction. Bond markets are rallying hard after the...

David Llewellyn-Smith
Australian dollar fat-fingered into abyss By David Llewellyn-Smith - Aug 06, 2024

DXY is melting: AUD was fat-fingered into the abyss and then bounced. Beware a market that likes to fill the gaps: JPY is ballistic. CNY must have a carry trade: Oil broke then recovered: Metals just...

David Bassanese
Recession red flag By David Bassanese - Aug 05, 2024

Global markets Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...

Chris Becker
05.08.24 Macro Morning By Chris Becker - Aug 05, 2024

A turmultous Friday night that was preceded by epic falls in Japanese equities with Wall Street also falling sharply in the wake of the latest official US job report – aka the non farm payrolls –...

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