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 regions with scarce supply. Parity up next?
Something for your Espresso: Month-end or trend?
The EURUSD reversal on the back of hot inflation in Europe was a surprising move, but one we fancy. The Chinese stabilization is walking a tightrope despite efforts from the authorities to prop up CNY asset values.
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