iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

Market Update

“The FX and precious metals markets are swinging wildly around this morning (amid no news) as US equities remain anchored to hope (and VWAP) ahead of the FOMC tomorrow. Copper is also sliding quickly but WTI is back above $98 as the USD gets back to unchanged on the week. Treasury yields spiked early but have reverted to unchanged now. Credit markets have done nothing but widen (worsen) from the open this morning – also ignoring equity’s stability – but hedgers are active as VIX remains higher on the day…”

Full article and charts

Market Update

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