Steno Signals #67 – 150bps higher 10yr yields and parity up next in EURUSD?
2023-10-01
We know the playbook from last year if the energy squeeze is just getting started. Rising demand/activity in the energy-intensive industry is a negative for the overall asset market in ...Nuclear Nugget (FREE): 3 Questions For The Nuclear Space
2023-09-29Hi and welcome to this free post where we wanted to touch upon uranium and nuclear energy since it has been a trending topic for a couple of weeks now. ...5 Things We Watch – EUR Inflation, Ifo Survey, Swedish CRE, Deposit Flights & Nuclear/Uranium
2023-09-27Markets are finally sensing that something is rotten in the economy. We have a look at what to stay on top of in the weeks to come. To read the ...
The Great Game: Why Russia is Really Cutting Diesel Exports
2023-09-26Russia has cut off its diesel exports – but why? What’s the big plan and how will it affect support for Ukraine? To read the full article, sign up for ...Great Game – Why I’m Still Not Convinced by Southern Europe
2023-09-18Welcome to this week’s Great Game – your weekly overview of global events and how to read them. This week we cover Southern Europe with the current refugee crisis as ...The Great Game – Who’s more powerful, Joe Biden or Kim Kardashian?
2023-09-12Joe Biden travels the world taking W’s while Kim Kardashian gets involved on the world stage. Tune in to this week’s Great Game! To read the full article, sign up ...
Positioning Watch – Oil longs are not as big as you think
2023-09-30Oil positioning is not as long as people think when looking at actual volumes, bonds are still underperforming, and the bearish sentiment in equities still prevails. Read along for more ...Portfolio Watch: The last gasp of a dying man?
2023-09-29We’ve taken a massive WIN in recent weeks, but the markets are precarious here after blood on the street as seasonality shifts. Is there a final surge before the impending ...CRE Debt Watch: The initiator or magnifier of financial crises
2023-09-28Have markets and REITs come to terms with higher interest rates, and should we really care? We’ve looked to see if a collapse was brewing – in the US or ...
Something for your Espresso: Disturbance in the force
2023-09-29Numerous unsettling macroeconomic forces are at play these days, and we’ll discuss some of them in today’s morning report To read the full article, sign up for a 14-day FREE ...Something for your Espresso: From a USD-wreckingball to an Oil-wreckingball
2023-09-28The USD wrecking ball haunts again and several Asian Central Banks now actively intervene. The issue is that the USD is not the trigger of this move. Energy is. To ...Something for your Espresso: The Manufacturing versus Services conundrum continues
2023-09-27There are signs of a pick-up in German activity in the details from the IFO survey. A long in Nat Gas looks increasingly compelling, while US Manufacturing keeps rebounding as ...
EM by EM #23 Playing the least dirty laundry vs the dirtiest
2023-09-28When things seem to be spiraling downwards, trades that capitalize on relative weakness often present favorable risk-to-reward opportunities. We’ve recently entered such a trade ourselves To read the full article, ...EM by EM #22 The Good, the bad and the ugly
2023-09-21FED is pausing but EM’s are already fed up and the dynamics of the 2022-trade remains our frame of guidance. But what could turn the table? To read the full ...EM by EM #21 Why China is uninvestable yet tough to short
2023-09-147.30 was the line in the sand but can the Chinese defend their thench? We find it unlikely. But the battleground is not a safe place yet To read the ...
