Boris’s woes sem to be dominating FX. Risk spreads remain weak. FOMC minutes this afternoon. Energy inventories tomorrow.

It’s a bad moon arising Say it ain’t so, I heard Humpty Dumpty will announce his vengeance run for the White House in 2 weeks. Strong Dollar is the feature with the commodity currencies getting smoked. Dollar up=Equities down European … Continue reading →

I do not think anyone will want risk for the long weekend. Debt is rising and there is no place to hide. Qtr. End. Matrix sheets are out. You know the drill.

Copper and Copper miners scream slow down. Yra spoke of the possibility of Gold being out of favor for a while. GoldinEuro is beginning to show cracks. Yen crosses have corrected. Expect very low volume after London’s close. Weekly Risk … Continue reading →

Energy was the story today. with Oil and Gasoline attempting to top. Yields are into Fib support (futures resistance) Tomorrow we’ll need all new price action to confirm today’s moves. Indices are lethargic. I doubt there will be much appetite … Continue reading →

As the world turns…Qtr End Dollar is bid with U.S. energy seeing profit taking and Dutch listed Natty off to the races. Spoo can come into 3740 ish before losing some momentum. Risk spreads have wet the bed. EUR/CHF doing … Continue reading →

Lots of negative patterns including the Indices and Risk spreads. Commodities were bought including Gasoline. It seems that the world has checked out for the long weekend.

I would expect one wiggle higher to relieve the point & figures The flat cloud on Spoo/Bond 240 minute chart would lead one to the same conclusion. Loretta Mester Speaks 6:30 AM ET MBA Mortgage Applications 7:00 AM ET GDP … Continue reading →

I have no additional commentshi Judd – here is the Martin Barnes. Podcast with Yra http://financialrepressionauthority.com/2022/06/23/the-roundtable-insight-martin-barnes-and-yra-harris-on-the- in my humble opinion Martin is not adequately assessing some of the risks in the economy and financial markets .. relative to say Daniel … Continue reading →

Metal expirations today Copper is in play with Copper in FX terms matching the Dollar pattern. Indices; patience!