I知 almost expecting a disappointment of the pace of taper. Market wants 30billion. I致e almost come to expect a disappointment with a twist. 5billion increase in taper. (10billion miss of expectations). but then a mention of letting some of the balance sheet roll off. (Maybe 5-10billion taper equivalent) I'm not crystal balling. Just looking out for some strange
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I値l repeat the I知 not a crystal ball
i am surprised honestly. I guess it痴 in-line expectations. But I知 still surprised. Let痴 see if 114.70 is next
Big banks. Take it for what you will. Were looking for 10Y US to be yielding 1.60% end 2021. Kinda been floating near. So this would be a value area to short treasuries (go long yields).
Big banks. Take it for what you will. Were looking for 10Y US to be yielding 1.60% end 2021. Kinda been floating near. So this would be a value area to short treasuries (go long yields). we値l see.
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I値l add that should be bullish USD/JPY
santa clause rally which is more likely than not, is also pro risk, so pro USD/JPY. Less bullish pressure on bonds and pro Crude Oil which affects Yen (crude up, yen down, typically)
US10 is at a high volume point of control. Could see a bounce which could make USDJPY back down a little. Be cautious.
USDJPY sprung from the highest volume point of interest/control. Still in a thick area until 114.50+.
and Crude chart with USDJPY in Orange. If Crude starts heading back to 82ish this is general risk on for broad market. A sign covid won稚 cut back too bad. Japan is a huge oil importer and the Yen weakens on higher Crude prices as well. Something to watch.
