DLRx 105.72
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one would have to be somehow handicapped not to see the DLR romping and rampaging accorss the boad (except maybe vs the yen)
as players are likely gaming a few energy vectors:
– goodly yield spread
— eyeballing and anxiously re-pricing FED gang miscalutations about inflation bumps
— GOLD continues to look uP (i.e. good) as is energy in form of oil
some thanks has to go to wild media headlines about harsh diplomacy between Israel and Iran for at least some portion of players running into dlrs thinking “haven”.
on deck
10:00 – U o M sentiment and U o M 1yr inflation
13:00 – schmid yaks about “econ Outlook”
14:30 – bostic yaks about housing
15:30 – daly chitchats at fireside
earlier this morn collins prognosticateg that she sees no urgency to cut rates (and eyeballs two cuts in 2024)