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...
USD/JPY is up 126 pips in another day of gains and another 32 year high.I wouldn't sleep well on the weekend knowing the MOF or BOJ could come in with the hammer at...
Japanese Yen, USD/JPY, US Dollar, Treasuries, Crude Oil, Gold - Talking PointsJapanese Yen is under the pump again in Bank of Japan’s absenceString US data reinforces Fed stance toward higher for longer ratesUS...
The selling in equities today is utterly merciless.The combination of stridently-hawkish talk from Fed officials this week and a decently-strong non-farm payrolls report today has led to an abandonment of the 'Fed pivot'...
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...