This week, the reflation trade will be in focus as 10- and 30-year US Treasury yields closed last week above their resistance level. It will be essential to monitor the release of the FOMC minutes as any mention of tapering might be a setback for rising yields. The 30-year TIPS...

Today we discuss the further ramping of US equity prices to new record highs for the cycle on Friday, as US long treasuries sold off steeply and even added to their losses overnight, sending long US yields to new highs for the cycle. This represents a tightening of financial conditions...

Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to February 9.Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...

Equities closed last week on strong note, with the US VIX measure of volatility closing below 20 on Friday for the first time in nearly a year. US long treasury yields ended the week at new cycle highs and rising yields may at some point prove incompatible with ever rising...

Price is facing bullish pressure where we could see a further upside above this level.

Price is facing bullish pressure where we could see a further upside above this level.

USDCHF breaking the trendline, more downside !

USDCHF breaking the trendline, more downside !

The Breakout Opportunities system has just bought EURUSD at 1.21299. The system recommends entering this trade at any price between 1.21177 and 1.21454. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.38541, suggesting that the EURUSD may have further...

Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...