Market Overview

DXY is up and away! AUD turned to mush: If JPY rises much more, things could get ugly: Oil gapped into madness: Metals melt-up once again turns metals meltdown: Miners crashed: EM is your...

Stocks rallied to close out the last week of August. The $6.5 billion buy imbalance, which overwhelmed the market in an illiquid trading session ahead of the three-day weekend, could have had...

The trading week hasn’t yet got underway as US markets were closed for the long weekend holiday, with intrasession volatility across all the risk markets fairly flat as a result. European stocks...

DXY is on a rebound, perhaps technical: AUD is still battling go higher: North Asia not so much: Oil is in trouble: Metals are pulling back: Miners are frozen in fright at iron ore: EM yawn: Junk is...

Unnoticed by the vast majority of investors, a major macro regime change is underway. This could prove to be a catalyst for a major regime change in financial markets in coming years. Already it...

The trading week ended on Friday night with some month-end shenanigans with USD surging once more despite a slightly softer than expected US PCE print with rising bond yields helping add volatility...

Well, it looks like the day before yesterday’s implied volatility ramp higher came back to bite the market yesterday. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500...

The USD saw a surge overnight due to a better than expected initial jobless print but also a revision in US 2nd quarter GDP but it didn’t stick completely against all the majors as it faded towards...

The share market bears are sniffing around the woods although the post close NVIDIA (NASDAQ:NVDA) earnings surprise might re-embiggen risk spirits later tonight. Wall Street faltered again as bond...

  Even before the temporary import duties on Chinese electric cars into the EU were introduced, European carmakers were concerned that China would react with countermeasures. These fears now appear...

The 10yr-2yr Yield Curve is poised to un-invert under disinflationary, possibly coming deflationary pressure We know the story. A disgusting virus spread across the world, terrorizing society into...

Overnight saw more wobbles on equity markets as bond markets led the risk charge, notably European fixed income on the back of the French political imbroglio and US 2 year Treasuries in the wake of...

If a recession in the US has started or is imminent, the threat has yet to show up in the latest run of nowcasts for third-quarter GDP. That’s no guarantee that the economy will continue expanding,...

A fairly solid session for Asian share markets although Chinese shares and their Australian satellites are trying hard to get back on track. Other equity markets are reflecting the somewhat mixed...