Reminder, article of the week is tomorrow - you can submit questions here.
The BOJ comments this morning were as dovish the get and that’s put Yen off these highs decently well which was interesting given the action on the US equities markets today. Everyone expected Ishiba to come in and hike, in fact, I cut some equity longs I had there like TM 0.00%↑ because of concerns but that’s off the table for now.
In the Sunday broad-market section of the report I discussed potential risk off - we got it yesterday.
$5750s stuck on ES futures and some of these tech names held the bids fairly well given the risk off situation yesterday. And while I think he narrative this week has been Iran/Israel fears I just don’t think the market cares.
But, there are two things that got me long some short-term risk into Friday.
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