The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD, AUD, GBP and EUR fell as the S&P 500 and 10-year Treasury yield climbed. more...
The price of oil spiked to a fresh yearly high ($130.50) in March. Current market conditions may lead to higher crude prices as expectations for strong demand are met with indications of limited supply. more...
Don’t get your hopes up: New Rihanna music isn’t coming via Lil Nas X. On Friday, the “Industry Baby” rapper tweeted that he’d be surprise-dropping a deluxe edition of his album Montero. “I am so excited to announce that MONTERO DELUXE (featuring Rihanna, Dua Lipa, Doja Cat, Tyler the Creator, NBA Youngboy, Saucy Santana, and more!),” the rapper captioned an intricately designed ...
The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month performance in 7 years. Taken together with losses in the second half of last year, the Euro is poised to give up nearly 4.5 percent over the course of nine months. By the way, the Euro may bounce as the Ukraine crisis de-escalates. The chart ...
It is difficult to tell what role the Dollar will play in the global financial system heading into the second quarter of 2022. On the one hand, traditional risk assets have held back the tide of a more prolific collapse while interest rate expectations have exploded higher. Alternatively, there exists a growing din of concern that markets have over-reached in the post-Great Financial Crisis run and a necessary ‘de-risking’ has yet to occur. ...