Global Macro and Currencies, FX Macro

FX Macro

Global Macro and Currencies

Brings you up to speed on the relevant macro developments: central banks, economic data, sentiment, intermarket analysis. Every weekend. For traders, investors and everyone interested in what's going on in FX and macro.

Thematic (Sector/Industry)

<ul><li>Bond yields are the overwhelming focus; the 10-year breached 5.3% and most writers see fiscal deficits, heavy issuance, and AI capex driving yields structurally higher.</li><li>Inflation is considered persistent, with core PCE above 3% and the Fed missing its target for 66 months.</li><li>Equity market internals are deteriorating sharply — record index highs are being built on narrow mega-cap leadership, a classic late-cycle signal.</li></ul>

Bond yields are the overwhelming focus; the 10-year breached 5.3% and most writers see fiscal deficits, heavy issuance, and AI capex driving yields structurally higher.Inflation is considered persistent, with core PCE above 3% and the Fed missing its target for 66 months.Equity market internals are deteriorating sharply — record index highs are being built on narrow mega-cap leadership, a classic late-cycle signal.

Everyone wants to catch the falling knife in the bond market

FX Macro
Global Macro and Currencies

Everyone wants to catch the falling knife in the bond market

Bond yields are the overwhelming focus; the 10-year breached 5.3% and most writers see fiscal deficits, heavy issuance, and AI capex driving yields...

FX Macro