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Category: Markets

‘We’re Going To Need More Tweets’: Dollar Steadies After Late Week Plunge, China Unleashes Largest MLF Op Ever

July 23, 2018July 23, 2018

Someone get Jerome Powell on the phone. China’s covert easing is becoming more overt.

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Elephant In The Room: Full Week Ahead Preview

July 22, 2018July 24, 2018

Just try to ignore it.

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5 Comments on Elephant In The Room: Full Week Ahead Preview

Bond Yields Surge In Japan As BoJ Is Reminded Of Just How Fragile The JGB Market Truly Is

July 22, 2018July 22, 2018

Fragile, handle with care.

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2 Comments on Bond Yields Surge In Japan As BoJ Is Reminded Of Just How Fragile The JGB Market Truly Is

‘They Offset The Tariffs Before They Even Happened’: How To Lose A Trade War Before It Even Starts

July 22, 2018

Expect more dollar tweets.

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1 Comment on ‘They Offset The Tariffs Before They Even Happened’: How To Lose A Trade War Before It Even Starts

Death By Trade Tweet: How FX Markets Cope With ‘High-Volume Tariff News’ Days

July 22, 2018

“Chirp, chirp”: the yuan is crashing.

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2 Comments on Death By Trade Tweet: How FX Markets Cope With ‘High-Volume Tariff News’ Days

China Now Has Jerome Powell Behind The Eight Ball Thanks To ‘The Art Of The Deal’

July 21, 2018July 22, 2018

Somewhere, Yi Gang is chuckling.

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3 Comments on China Now Has Jerome Powell Behind The Eight Ball Thanks To ‘The Art Of The Deal’

One Bank Goes There, Asks: ‘Could The Trade War Cause Another Great Depression?’

July 21, 2018

Incredulous. 

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‘I Don’t Expect Any Progress Here’: Dark Cloud Of Protectionism Hangs Over Contentious G-20

July 21, 2018July 21, 2018

“This benefits no one.”

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2 Comments on ‘I Don’t Expect Any Progress Here’: Dark Cloud Of Protectionism Hangs Over Contentious G-20

‘I Fully Support Jerome Powell’: At G-20, Steve Mnuchin Swears Trump Respects Fed Independence

July 21, 2018July 21, 2018

Steve Mnuchin is in a tough spot.

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1 Comment on ‘I Fully Support Jerome Powell’: At G-20, Steve Mnuchin Swears Trump Respects Fed Independence

‘I’m Not Saying It’s A Weapon’: Steve Mnuchin Warns China On Currency Manipulation As Yuan Craters

July 20, 2018July 20, 2018

“Unfair advantages”.

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2 Comments on ‘I’m Not Saying It’s A Weapon’: Steve Mnuchin Warns China On Currency Manipulation As Yuan Craters

‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War

July 20, 2018July 21, 2018

Throw out the script.

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4 Comments on ‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War

‘We Are Raising Rates – Really?’ Trump Again Attacks The Fed, Accuses Europe, China Of ‘Manipulation’

July 20, 2018July 20, 2018

“Tightening hurts all we have done.”

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15 Comments on ‘We Are Raising Rates – Really?’ Trump Again Attacks The Fed, Accuses Europe, China Of ‘Manipulation’

Where The Wild Things Are: Revisiting The Forgotten Horizon In The Volatility- Leverage Space

July 20, 2018

“And now,” cried Max, “let the wild rumpus start!” …

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1 Comment on Where The Wild Things Are: Revisiting The Forgotten Horizon In The Volatility- Leverage Space

‘I’m Ready To Go To $500 Billion’: Trump Says Prepared To Tax All Chinese Imports

July 20, 2018July 20, 2018

Donald Trump is locked and loaded, ok?

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6 Comments on ‘I’m Ready To Go To $500 Billion’: Trump Says Prepared To Tax All Chinese Imports

Chinese Checkers: Rumors, Yuan Intervention Help Shanghai Stocks Close The Week With Furious Rally

July 20, 2018July 20, 2018

Never a dull moment for the greatest show on Earth.

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1 Comment on Chinese Checkers: Rumors, Yuan Intervention Help Shanghai Stocks Close The Week With Furious Rally

China Weakens Yuan Fixing By Most In Two Years After Trump’s Fed Broadside

July 19, 2018July 19, 2018

Waiting on intervention that never seems to come.

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‘Im Not Thrilled’: Trump Goes There, Says He’s ‘Not Happy’ With Jerome Powell’s Rate Hikes

July 19, 2018July 19, 2018

“I’m letting them do what they feel is best.”

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4 Comments on ‘Im Not Thrilled’: Trump Goes There, Says He’s ‘Not Happy’ With Jerome Powell’s Rate Hikes

One Bank’s Quants Think They’ve Found The Key To Outsmarting ETFs

July 19, 2018July 19, 2018

“We conjecture that market participants do not realize that passive investors are buying or selling securities.”

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3 Comments on One Bank’s Quants Think They’ve Found The Key To Outsmarting ETFs

Commodities Stand Corrected As Demand Destruction Doom Loop Beckons

July 19, 2018July 19, 2018

Coal mine canaries?

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Are You Worried About China? Not Nearly Enough, Albert Edwards Reckons

July 19, 2018

Wary eyes are being cast in the right direction. 

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‘It’s Got A Green Light To Weaken’: Yuan Dive Continues As PBoC Looks On

July 19, 2018July 19, 2018

Call it “passive aggressive.”

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‘It’s A Lot Of Money’: As Trade War Simmers, The Farmers Are Restless

July 18, 2018July 18, 2018

“You’ve still got to pay your bills eventually.”

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2 Comments on ‘It’s A Lot Of Money’: As Trade War Simmers, The Farmers Are Restless

‘The Fed Is Destroying Money’: Revisiting The ‘Flow’ Versus ‘Stock’ Debate At A Critical Juncture

July 18, 2018

It’s the flow that counts. Never forget that.

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Preventing Another ‘Armageddon’: Bernanke, Paulson, Geithner Warn On Deficits, Regulation Rollback, Populism

July 18, 2018July 19, 2018

“We were focused on staving off disaster.”

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1 Comment on Preventing Another ‘Armageddon’: Bernanke, Paulson, Geithner Warn On Deficits, Regulation Rollback, Populism

Morgan Stanley Is The New Goldman: James Gorman Celebrates Another Blowout Quarter

July 18, 2018July 18, 2018

Good luck David Solomon.

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Jerome Powell Tells Lawmakers He Wants The Fed To ‘Stay In Its Lane’ When Asked About Tariffs

July 17, 2018

“I have to start by saying”…

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For Oil, Volatility Is ‘The New Normal’, Goldman Says

July 17, 2018

“…driven by U.S. political decisions.”

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