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DXY eased overnight as the Fed delivered its 75bps knockout hike: AUD did the usual buy the fact:Encouragingly, oil did not:But everything else did: EMs (NYSE:EEM), miners (LON:GLEN), commodities,...
DXY is the King: AUD the court jester:Oil may be beginning to sniff out the start of global recession:Metals not so much: EM stocks (NYSE:EEM) fell further:US junk (NYSE:HYG) was smoked as EM held...
Wall Street bounced back sharply overnight as oil prices tanked as traders await the next FOMC meeting. The continuing war in Ukraine is still weighing on bond markets as well, with the 10 year...
DXY was up again last night: But so was AUD:Oil down again. Gold up:Base metals faded:Big miners (LON:GLEN) were mixed:EM stocks (NYSE:EEM) do not look at all well:Led by junk (NYSE:HYG) headed into...
Last night saw a major reversal in fortune for risk markets with European shares surging 5-7% across the board, after having been sold off for weeks as the barbaric invasion of Ukraine continued...
DXY rebounded lat night with everything as the Omicron panic eased: That kept the AUD holding open the trap door:XBR/USD held a lot of the losses:Metals firmed:Miners are trying to base:EM stocks...
DXY was smashed Friday night and EUR roared as the NU COVID strain rocked markets: Australian dollar was Nuked on all major crosses:Oil!Metals were not hit quite so hard:Nor miners:But, ominously,...
DXY was soft again and EUR rallied: The Australian dollar rocket paused:Oil kept going:The base metals mania paused:Miners are still buggered on iron ore anyway:EM stocks back from the brink...
With the price of oil up in the last three months (the Brent spot price was $39.68 on Nov. 4) and still rising, there is some optimism that maybe prices are heading for highs we haven't seen in...
Buy the fact, sell the rumor: that’s the likely course for oil as misplaced faith in an output pact achieved by major producers leads to a rebound, before underwhelming production cuts from the deal...
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