UnknownUnicorn6395641
Erdogan digging a deeper whole. Sell 12.75 Sl 13.5 Tp 9
New variant is dominant strain in Britain. Likey tamping down any upside potential this summer. With longer restrictions less economic activity. Less reasons to buy sterling. Europe is starting to get more of a grip on their battle with the virus enabling a less weak outlook for the euro.
Hoping for the best preparing for the worst. Export demand will wane from appreciation costs from lowing commodity costs. As commodity prices break lower so will the yuan.
Europe is too volitile. Best to stay in Singapore with real returns and lower inflation.
Since March the US10Y has been trading in a range from 1.48 - 1.72. I expect a continuation of this for quite some time. There will need to be meaningful change for any breakout.
PBOC wants to slow down the appreciation of the yuan with more liquidity injections.
The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to...
If yields hold 1.58 the upside will be revisited. Not enough demand. Long yields short bond prices.
Europe is talking a step up and Canada is taking a step back.
This model is showing a bearish trend about to take place.
Being used as a hedge against inflation which underpins the main thesis for the market rally. If you think the current market rally will continue you should be using these short positions as a hedge to your bet on inflation.