Uneventful day across the board with only the US on board shaking out the weekend extreme jitters but markets starting to struggle at these levels. Highlight comes from US equities (ES/SPX for reference)triggering the traditional 'choose your poison time' for the mid term (we haven't have one since Q4 2016 !!!).
Everybody back on board from the European morning tomorrow expecting volatility to widen in the upcoming sessions.... here back on track for tomorrow with same levels, same trades, same all...
sisse
Neither national politics and/or government shutdown blah blah will be market moving but rather for US media and local consumption. War, French elections and tax cuts details on that order of probabilities are in play as non market events for the upcoming days in my books.... there is nothing to see on the economic and macro front for a few weeks so politicians in full control (and you know what it means...).
We have pretty much set all highs and lows (depending on instrument) of this month (and prolly of the Q as early as the next W close) already in Equities, Treasuries, Oil, Gold, Dollar and Euro. We just need to have everybody back on board to start moving ...
Let's see how it goes, but war and self-created geopolitical risk from the US still has the upper hand for a WTF moment but France will start weighting very heavy in global markets as early as tomorrow European open ...
sisse
Everybody back on board from the European morning tomorrow expecting volatility to widen in the upcoming sessions.... here back on track for tomorrow with same levels, same trades, same all...
sisse
Disliked{quote}....well I expect the NK showdown to blow over & US markets agree with me today with a 0.75% rise....really I don't think the Easter Bunny will stand for a big brouhaha with 5MM dead in Seoul the first week....but...also....crazy shit happens. Next week there's the potential standoff in the US Congress over the budget and a potential government shutdown. So between that and NK I am still filling cheap long vol spreads....Ignored
We have pretty much set all highs and lows (depending on instrument) of this month (and prolly of the Q as early as the next W close) already in Equities, Treasuries, Oil, Gold, Dollar and Euro. We just need to have everybody back on board to start moving ...
Let's see how it goes, but war and self-created geopolitical risk from the US still has the upper hand for a WTF moment but France will start weighting very heavy in global markets as early as tomorrow European open ...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now