It's getting ugly in the equity pre-market with S&P 500 futures down 40 points or 1.1%.The bond market isn't pretty with US 2-year yields up 17 bps to 4.73% with 10s up 15...
Bank of America's fund manager survey released this month said US dollar longs were the most-crowded trade on the planet.When that kind of thing unwinds, this is what it looks like. US dollar...
Hang Seng Index, Fed, US Dollar, GBP/USD, Crude Oil, AUD/USD - Talking PointsThe Hang Seng index remain vulnerable despite rumoursThe Fed continues to talk tough and Treasury yields are moving northIf China maintain...
It was an ugly day for stocks but if you told me before the CPI data that it would be hot and that stocks would trade flat on Thursday-Friday, I'd say that's constructive....
Yesterday's optimism has certainly faded.The market appears to be indicating that problems in the gilt market aren't solved and when inflation peaks is certainly an open question. Add up the rest of the...
