Euro On Track For Best Week Since June After Inflation Hits ECB Target

Earlier this morning, we noted that Japan tried to release a whole bunch of ostensibly important econ data on Friday only to be promptly upstaged by Donald Trump when Reuters published an exclusive interview in which the President said there’s “absolutely’ a possibility of a “major, major” conflict with North Korea. That promptly undercut risk sentiment. But whatever…

Easter Algos Dump Dollar After Dour Data Deluge

Earlier this morning the reflation narrative rolled over and died. That’s not just our dour assessment. Look around. The other folks who know what they’re talking about said exactly the same thing we did. Namely, that when it comes to the global reflation meme, the following is “bigly” bad… As a reminder, this comes on…