After a mini-rout on Thursday which briefly pushed the S&P into negative-gamma territory below 4,300, European stocks and US equity futures rebounded on Friday as energy and banking shares rose from a […]
As is well-known by now, the July OPEC+ meeting never concluded as the UAE and Saudi Arabia/Russia failed to overcome their differences, with the former asking for a higher baseline from April 2022 and […]
From its #381 open to its highs at almost $430, COIN is now back at $311… on its way to the $250 Reference Price. and dragging the market with it. After setting […]
US equity futures and global markets rose this morning, continuing yesterday’s torrid late day surge, as investors looked past supply chain disruptions and focused on the optimistic targets for vaccinations and economic […]
After stocks just saw their best 12-month performance since 1936, it should not be a total surprise that Treasuries have suffered… but the extent of the bond bloodbath is almost unprecedented. After $17 […]
Global markets, bond yields slid and the Turkish lira plunged towards a record low against on Monday after President Tayyip Erdogan shocked investors by replacing the country’s hawkish central bank governor with a critic […]
The Federal Reserve wrapped up its March FOMC meeting yesterday. As expected, there were no policy changes. Interest rates remain at zero. Quantitative easing carries on as it has been. Peter talked […]
It started off well enough, with futures initially continuing their post-FOMC ascent and lifting global markets. However, It all reversed sharply during the Asian session driven by a sharp spike in the […]
U.S. equity futures and global markets drifted without direction on Wednesday as the rally in tech shares stalled and U.S. bond yields ticked higher ahead of a critical 10Y bond auction while […]
Sometime trading really is this easy. Literally minutes after we predicted last night that it was just a matter of time before central banks step in to halt the rout. Beijing did […]
