Markets:NZD leads, GBP lagsS&P 500 down 42 points to 3924. Down 3.3% for the weekGold up $14 to $1709US 10-year yields down 7 bps to 3.19%WTI crude down 43 cents to $87.04The day...
I can't remember many things that have ever fallen for 12 straight days but here we are. Bitcoin is down another $2420 today, breaking the $20,000 level and continuing lower to $18,171, which...
There's a consistent theme of US dollar weakness across the board this week. That goes along with falling yields and rising gold.It's a picture that looks more like a broader turn than anything...
I want to highlight two critical oil charts.The first is from Goldman Sachs and it illustrates broad levels of oil spending globally. Remember that conventional global reserves run off at 5-7% annually and...