Brexit, Credit Risk and Equity Volatility
We pointed out the huge move in European credit yesterday. iTraxx main exploded to the upside. The renewed Brexit saga…
We pointed out the huge move in European credit yesterday.…
Credit Blows Out
Quick markets require quick updates. During the past month European credit, iTraxx was a very good indicator for equities. At…
Quick markets require quick updates. During the past month European…
UK Casualties beyond the GBP
Given the recent developments in UK and the Brexit situation worsening, we would like to remind our readers the below…
Given the recent developments in UK and the Brexit situation…
GBP Raab(ed)
The BREXIT saga continues as news hitting the tape of Raab resigning as UK Brexit secretary. He writes “today, I…
The BREXIT saga continues as news hitting the tape of…
Apple is not Tencent…or
Apple, the old darling, continues down. The stock broke the 200-day average recently like it wasn´t even a level. If…
Apple, the old darling, continues down. The stock broke the…
Smart Guys Probably Late to the Party
Today was a classical day we have been waiting to happen. Markets opened lower in Europe and one of the…
Today was a classical day we have been waiting to…
Rude Crude
By now everybody knows Oil is down massively and all pundits in the media are trying to explain demand has…
By now everybody knows Oil is down massively and all…
JPY as a Risk Indicator for Equities
The JPY is one of the bigger “risk” indicators on every macro trader’s screen. When the JPY weakens, the stock…
The JPY is one of the bigger “risk” indicators on…
China revival, Oil implodes, Buybacks and falling Apple suppliers
Apple vs suppliers’….Apple can increase prices etc but the suppliers seem to be caught off guard…   CSI 300 –…
Apple vs suppliers’….Apple can increase prices etc but the suppliers…
Credit vs Eurostoxx 50 Back
We have been pointing out the fact European credit, iTraxx main, has been “dislocated” from the Eurostoxx 50 index. This…
We have been pointing out the fact European credit, iTraxx…
Euro down, Yuan down, Apple down, Volatility up
China – CSI 300 not doing much but up. Note that the Chi Next index is up 3.5%, this “growth”…
China – CSI 300 not doing much but up. Note…
Oil – Setting up for a Contrarian Trade?
By now everybody knows oil is down massively since recent highs in early October. The pain trades seem to continue,…
By now everybody knows oil is down massively since recent…