Oz Blog News Commentary

The problematic “Powell put” arrives

February 14, 2018 - 09:44 -- Admin

DXY fell sharply last night: AUD was weak anyway against DMs: Mixed against EMs: Gold firmed: Brent fell but held on: Base metals lifted: And miners: Plus EM stocks: But not junk: The Treasury curve flattened: And bund curve: Stocks fell in Europe but lifted in the US: The key was the new “Powell put”:

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