Silver as an investment

Category Archives: EuroDollar

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

With LIBOR Dead, $400 Trillion In Assets Are Stuck In Limbo

In an unexpected announcement, earlier this week the U.K.’s top regulator, the Financial Conduct Authority which is tasked with overseeing Libor, announced that the world’s most important, and manipulated, benchmark rate will be phased out by 2021, catching countless FX, credit, derivative, and other traders by surprise because while much attention had been given to […]

Dr.Copper’s False Hope – “We’ve Seen All This Before, Too Many Times”

Copper prices surged to the highest levels since May 2015 in the last few days, prompting the ubiquitous "must mean the economy is doing well" narrative from every hope-fuelled reflationist. There's just one problem, we’ve seen all this before too many times. The most recent spike in copper prices has been explained by the news […]

All Conundrums Matter

Authored by Jeffrey Snider via Alhambra Investment Partners, Since we are this week hypocritically obsessing over monetary policy, particularly the federal funds rate end of it, it’s as good a time as any to review the full history of 21st century “conundrum.” Janet Yellen’s Fed has run itself afoul of the bond market, just as […]

Despite Near Certainty Of June Rate-Hike, Millions Of Eurodollar ‘Bets’ Are Set To Expire Worthless

Via Long Convexity blog, As a trader one of the most frustrating things is to have the correct view on the direction of the market, while not being able to monetize that view because you have the wrong structure on. Due to the lack of a deep & liquid options market in fed fund futures, […]

These Powder Kegs Are About To Blow: “Trump Needs To Halt The Downward Spiral That Obama Orchestrated”

Authoreed by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com, President Trump just took a trip to Saudi Arabia in an effort to obsequiously “shore up” the ties.  Expected.  It is expected for any U.S. president to “recertify” the Petrodollar and the commitments to […]

Fed Fail? Traders Cut Rate-Hike Bets By The Most In History Last Week

The last two weeks have seen speculators cover over $710 billion worth of Fed rate-hike bets – the biggest move in Eurodollar futures history as Trump concerns and Fed Minutes reignite lost faith in the ebullient future that sparked the creation of a record $3 trillion bet that The Fed will be right this time. […]

Speculators Have Made Massive Position Adjustments In The Last Few Weeks

While equity volatility has collapsed to record lows (amid the biggest increase in net VIX shorts in 9 months), positioning across bond, FX, money market, and commodity markets has been shifting massively in recent weeks. As US Macro data has crashed to its weakest and most negative in 12 months…   US equity complacency has […]

Déjà Vu In The USD Bull Market?

By Chris at www.CapitalistExploits.at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets sold a record amount of government debt in the first quarter of this year. More from the FT here: “Data from Dealogic, […]

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today’s Federal Reserve statement. Europe’s Stoxx 600 fell from a 20 month high as traders […]