A.M. Look 6/3/24

Mutual Fund Monday. Expect positive capital flows.

FX land…International investors were not impressed with the Mexican Election.

Peso has dramatically moved against the Euro & CAD. This is not something you want to chase since it’s come a long ways overnight.

Onshore Yuan machinations skewed the charts against commodities.

Yen/Yuan charts will take another day to sort out.

Precious metals will have to hold Friday’s end of month lows.

I was looking for a $30 print in Silver which occurred last night.

Opec was a yawn.

30 yr. Bonds are in a 5 point range. Bonds have rolled to Sept.

Indices low but against the Short end of the curve.

Spoo will require a 5325 print to negate last weeks selloff.

This entry was posted in Archive. Bookmark the permalink.