The Reserve Bank of Australia teased a likely removal of policy accommodation at its July meeting overnight, which would make it the second bank after the Bank of Canada to remove monetary policy accommodation. And the market is pricing in a similar tendency from the Bank of England ahead of Thursday’s meeting. We look at this, together with an interesting reversal lower in treasury yields after the US ISM Manufacturing release yesterday, talk a novel way to hedge for equity volatility, talk precious metals and a new way to invest in uranium and much more. Today with Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.
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