Here expecting Equities and Yields to perform the same dance till we clear the next important CB combo in September. We are at a crucial point in the cycle, a superb time for short covering to begin and with that the opportunity to ride a temporary correction before ECB/FED Sept.
A good example of a positional trade ahead of the ECB beginning to cut further; German Bonds are stretched and we are going to see a pullback here whilst the DAX will find a bid on the Dovish CB front.
Best of luck all those trading the pullback to position for ECB cuts.
A good example of a positional trade ahead of the ECB beginning to cut further; German Bonds are stretched and we are going to see a pullback here whilst the DAX will find a bid on the Dovish CB front.
Best of luck all those trading the pullback to position for ECB cuts.
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A major breakdown here... Recession already has one foot in the door.
