Financial markets reporter.
Joined July 2022
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Why 6,500 can be a launching pad for the S&P 500, according to this trader . Thanks to @lordfed for the insights. marketwatch.com/story/why-6-… via @MarketWatch
I imagine the stock market right now would prefer if the NFP report is very weak, because that way we we're more likely to get a policy response. Powell speaking later, too.
Are we seeing signs that the Japanese yen carry trade is cracking. The yen is stronger across the board and back below 150 to the dollar today amid little fresh news other than falling US bond yields. When such crowded trades turn they can really move violently.
NATO sec-general Stoltenberg suggests alliance has intelligence that Putin definitely asked Xi for weapons. Markets seem to be making assumption that Beijing will not help. But if the West even THINKS China has helped than that is NOT risk positive, to say the least. Dangerous,
Kwarteng a casualty of the battle between Threadneedle Street and Downing Street.
marketwatch.com/story/why-kw…
Jamie Chisholm retweeted
The firings will continue until morale improves!!!! $GBPUSD
The Conservative party base were warned about Truss's policies relative to Sunak's and the majority voted for Truss/Kwarteng. THEY are the ones who are to blame for this embarrassment.
A good central bank is like a good football referee. You don't notice they're there. This is the opposite of that!!!!
#Oh Please BoE!!
Apparently CNBC think that a good person to have commenting on the Bank of England/UK gilt turmoil is.......Nigel Farage!!
Good grief.
