Today we break down yesterday's downside acceleration in the most speculative pockets of the US equity market and ponder the likely correlations with the crypto space, which has suffered enormous volatility this week. Elsewhere, has the ECB already shot across the bow on yield-curve-control and what will Powell say, if...

Equities suffered a weak session in the US yesterday, with the selling most concentrated in the big tech and more speculative names. Indeed, highly speculative assets, from Tesla to Bitcoin and other crypto currencies were in for a rough ride, in part as US Treasury Secretary Yellen touted a digital...

The Breakout Opportunities system has just sold USDCHF at 0.89479. The system recommends entering this trade at any price between 0.89365 and 0.89662. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 7.96429, suggesting that the USDCHF may have further...

USDCHF could breakout, more downside !

USDCHF could breakout, more downside !

In this week's earnings watch we are zooming in on Nvidia earnings expected to have had a big boost from the rally in cryptocurrencies, and also highlighting Berkshire Hathaway as the investment company is well positioned to comment on the potential inflationary environment.Earnings releases are still ticking in and last...

Yields closed at new cycle high on Friday and followed through to a degree in trading to start the week today, likely a key driver in spooking risk sentiment in equities. Commodity related FX has been happy to shrug off the usual sensitive to risk sentiment as some commodity prices...

Although the market is focusing on the rise of nominal US Treasury yields, we believe that the recent increase in US real rates is more alarming, and it is pointing to the fact that inflation expectations linger while the cost of capital is rising. This week, it will be critical...

AUDJPY breakout, more downside!

AUDJPY breakout, more downside!