Market Overview

Wow. DXY to the moon, adieu Spewro:   AUD slaughtered by chainsaw:Commods, miners (NYSE:RIO), and EM (NYSE:EEM) slain:Junk (NYSE:HYG) was OK, oddly:As the Treasury curve entered free fall toward...

There’s no shortage of threats lurking, ranging from inflation, elevated interest rates that may go higher still, and various geopolitical threats. But market sentiment has improved recently,...

Last week we noted two market leadership signals, one positive (Semiconductor and Tech leadership) and one potentially negative (Healthcare relative to the broad market). The potential bottom in the...

For the tenth consecutive month, the RBA has lifted the cash rate at its March meeting by 25 basis points to 3.60%.This increase from the RBA marks 350 basis points’ worth of tightening to date,...

DXY was weak last night and EUR strong:   But nothing could stop AUD falling. It appears poised to break DXY and EUR support:Commods went nowhere:Big miners (NYSE:RIO) were thumped:EM stocks...

Expect volatility to ramp up; I don’t care what the headlines say. The implied volatility curve of the S&P 500 looks scary, with lots of sharp twists and turns. The term structure of the...

DXY slumped Friday night:   AUD lifted:Oil and {{8830|gold} bounced:Metals were firm:Miners (NYSE:RIO) jumped:EM stocks (NYSE:EEM) too:And junk (NYSE:HYG):As duration was bought:Unleashing...

Friday night saw the release of the latest US ISM services PMI which came in hotter than expected, initially sending US Treasury yields higher but these eventually pulled back, giving stocks room to...

US economic activity looks strong or weak, depending on the data sets you choose to craft a narrative. That’s always true in some sense for the simple reason: there’s always some slice of...

Interest in AI and ChatGPT has increased over the past few months. But, after a tumultuous 2022 and the retreat in February, investors remain cautious. In this article, we will look at the 5 stages...

By Greg PeelDay Two You’d be forgiven for thinking the ASX had forgotten to update its market data from Wednesday to Thursday, so near identical was yesterday’s action to...

DXY does not appear to be done:   AUD is hovering around the 0.67 support area. If it breaks we may retest the lows:Oil’s rising wedge is the definition of unconvincing:Dirt is likewise...

The concept of diversification has long been hailed as the holy grail of investing. The idea is that spreading investments across different asset classes may reduce risk and create a more stable...

Risk markets are still unsettled with more stronger economic prints out of the US overnight combined with some Fed hawkishness keeping bond markets elevated as the 10 year Treasury almost lifted...