Bunds up-U.S. Bond down=Euro off Biden planning to release 1 million barrels a month. The close is the only thing that counts.
Natgas & Metals expire There is absolutely nothing that says bearish Equities. Nasd/Bond closed 2021 @ 10209. I would expect the spread to be marked higher on the year going into Thursday Qtr end. We spent time analyzing the Yen … Continue reading
It’s risk on world led by rising rates in Europe, which has given a bids to the Euro. Spreads are on a mission into Thursday Qtr End. Live Podcast on YouTube – Zoltan Pozsar and Yra Harris Tues Mar 29 … Continue reading
Yen..interest rate differentials 101. 125 USDJPY is a big level from the way back machine. Fibs show the 140 level however 132-134 will be monster. It is an event level. This is the place all the masters of the universe … Continue reading
Daily Market Intelligence 3:24:22
Yields are rising and the Yen is responding to the rise. When the Bonds bounce you’ll likely see a small relief rally in the Yen. Both instruments have the weight of qtr end on their price. Any way you slice … Continue reading
Daily Market Intelligence 3:17:22
Daily Market Intelligence 3:16:22
Daily Market Intelligence 3:14:22
Agco is one of the better looking ag related names. Ag names in general all act well. PSX held it’s 200 DMA and rallied along with the rest of the sector Long Bonds have retreated it’s .618, the spot the … Continue reading