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John
Nov 11, 20223 min read
Weekly roundup
Was that a short squeeze or people going long? In FX at least, it looks like it was the former.
294 views6 comments
John
Nov 4, 20223 min read
Weekly roundup
Jerome Powell is doing his best impression of Field Marshal Haig. Somehow this still caught the market off guard.
278 views3 comments
John
Oct 28, 20223 min read
Weekly roundup
This week may have been a turning point for the world. We're not so sure about it being a turning point for the Fed though.
280 views3 comments
John
Oct 21, 20223 min read
Weekly roundup
The march higher in rates continued. The Fed whispered that it may pause, but their timing on this looks suspicious to us.
294 views0 comments
John
Oct 14, 20223 min read
Weekly roundup
Lots of U-turns in the market this week, but the signal may be coming from the country that is staying the course.
312 views0 comments
John
Oct 7, 20223 min read
Weekly roundup
An up and down week for markets, with the notable exception of oil. This seems likely to justify Wall Street pessimism.
285 views0 comments
John
Sep 30, 20223 min read
Weekly roundup
What causes commodities to rally, but commodity currencies to sell off? Not something good.
279 views0 comments
John
Sep 23, 20223 min read
Weekly roundup
The Fed has finally started to break things. Today it was UK assets. More seems likely to follow.
365 views0 comments
John
Sep 16, 20223 min read
Weekly roundup
The bullish narrative, such as it was, took a beating this week, backing the Fed into a corner.
417 views2 comments
John
Sep 9, 20223 min read
Trade updates
Ethereum (POW) is dead. Long live Ethereum (POS).
238 views0 comments
John
Sep 2, 20223 min read
Trade updates
There were geopolitical escalations across the globe, and unlike their adversaries, the US doesn't appear to be trying to hide it.
255 views0 comments
John
Aug 26, 20223 min read
Trade updates
Powell wants you to expect less inflation. Markets may be expecting more stimulus from the US and China. For now, the Fed takes precedence.
483 views3 comments
John
Aug 19, 20223 min read
Trade updates
Hot inflation in the UK made the market lose faith in a soft landing. The meme stock crash may not have been related, but didn't help.
249 views5 comments
John
Aug 12, 20223 min read
Trade updates
The bullwhip narrative on inflation gained traction this week. EM was the big winner.
230 views2 comments
John
Aug 5, 20223 min read
Trade updates
It was a week where the big risk events offset each other, which perhaps makes it easier to see some of the less obvious trends in markets.
326 views0 comments
John
Jul 29, 20222 min read
Trade updates
It was a good week for Brazil, but a bad one for US/China relations. Oh and the Fed happened, but you knew that already.
279 views4 comments
John
Jul 22, 20222 min read
Trade updates
It's July and the ECB hiked rates.
Third time lucky right?
233 views0 comments
John
Jul 15, 20222 min read
Trade updates
This week there was a lot of noise. The signal seems to be coming from Asia.
322 views4 comments
John
Jul 8, 20223 min read
Trade updates
The market became less sure that the US is going into recession, but more sure that Europe is.
332 views3 comments
John
Jul 1, 20223 min read
Trade updates
Markets appear to be waiting to see what, if anything, will break. High yield debt is likely to be first.
254 views0 comments
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