Earlier this month, the Riksbank removed the easing bias from their outlook.
They had too. Do you remember why?Â
Earlier this month, the Riksbank removed the easing bias from their outlook.
They had too. Do you remember why?Â
“We have most likely shaken out the weak European stock bulls that were buying on the magazine cover news, and are now hopefully ready to resume the steady march higher. Stamp a ticket – I’m back on board the Eurostoxx bandwagon.”
Well, I’d say “it’s quiet out there,” but that’s cliché. So how about this: “ain’t
Right, so first thing Thursday morning we noted that 10Y JGB yields had risen to
We just hit technical levels that were a bridge too far at this stage. That’s
There’s never a dull moment in a world that’s lost its mind. North Korea celebrated
If you’re out there looking for contrarian indicators, it’s probably worth noting that investors flipped
“One of the things we hear discussed a lot is that an inverted yield curve tends to be a good predictor of recessions, but that’s because it comes at the same time as peak Fed Funds, and ‘peak tight money’ is a good predictor of recessions for more obvious reasons.”
Ok, so Shinzo Abe’s LDP suffered a stunning loss in Tokyo assembly elections over the weekend,
If you were following along last week, then you already know what to look for
“It’s been a week filled with hyperbole. Trial balloons dressed up as pre-commitments. A little volatility described in cataclysmic terms and compared to jarring historical market upsets.”
It’s Friday and God said, “let there be data: and there was data.” Let’s start
“All the king’s soldiers”…
It will take more than anonymous ECB sources to cool the desire to bet on
If the ECB and Vitor Constancio thought they were going to be able to put
“It was no small feat. And the fact that it was very much a global phenomenon makes it all the more significant. Investors should have been jolted into the realization that we just might be about to enjoy the healthy benefits of a two-way market.”
Well, the overnight action was predictable under the circumstances, but it’s nevertheless unnerving for anyone
“We have been arguing that tapering will come anyway, largely because of technical/ political constraints around QE. The ECB will still have to justify this with a macroeconomic narrative.”
“The top in the Eurostoxx / S&P 500 ratio was hit on the day of the Barrons’ “Buy Europe†cover story. Talk about selling the news.”
Earlier this morning, we said the following about a series of comments from Mario Draghi
Boy, I’ll tell you what, if you’re a central banker and you’re going to say
Well, gold plunged $18 in seconds on surging volume (18k contracts in a one-minute window)
It’s Russell reshuffle day, which means equities will likely be jarred out of any summer
See if you can spot what’s still hanging on for dear life at record highs/tights despite lackluster incoming data and central bank tightening…
It was relatively quiet overnight session which saw market participants continuing to focus squarely on
“Traders need to remind themselves that you can’t win the war if you keep losing one battle after another.”
It’s about Dudley for the dollar which rose to a three-week high versus the yen
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