Market

[Pascal]

Today's market feels very much like yesterday: pump and dump


Pascal

[PeterR]

I think we find today's dominant developments in FX.

Planet gold gravitates to currencies.

Gold up, euro up, Yen strong - all a reflection of a weaker Dollar / lower US rates expectations.

With delay - this should be bullish for US equities.

EV was very helpful the last days.
Telling the story in yen, euro, dollar and gold.

The EV picture was less clear to me for equity indexes and for bonds.

That's why I speculate, the dominant story is told in FX right now.