Macro Dragon: The Fed Looooooves US Credit    Top of Mind… So we finally get more details on how the Fed is going to be lifting corporate bonds in the US market (outside of ETFs) & it looks like individual corporate bonds will be bought under the SMCCF [Secondary Market...

In South Korea, which serves as barometer of global trade, imports are down -21% YoY while exports are collapsing by -23.6% YoY in May., Without much surprise, South Korean’s exports to the U.S. and the EU tumbled in double digit last month due to the strict lockdown implemented by Western countries., Imports...

Following the relentless run up in risky assets off the March lows, we are seeing 2-way price action return to the market., USD strength is resuming as risk sentiment sours and gravity is visible once again in risk assets.Last week’s price action underscored that despite the aggressive rebound off March lows,...

Fears of a second Covid19 wave are keeping global markets in a negative mood to start the week after a mixed session on Friday that avoided a continuation of the market of the previous day., US500.I (S&P 500 Index) and USNAS100.I (NASDAQ 100 Index) – after selling off steeply at times...

Futures positions and changes made by hedge funds across 24 commodity futures during the week to June 9Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures., Agriculture: Ahead of Thursday’s global supply and demand outlook report from the US...

Commitments of Traders report covering speculative positions and changes in FX, bonds and stocks in the week to June 9., Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in bonds and stock index futures., Leveraged fund positions in bonds, stocks and VIXWhat is the Commitments of...