BCR Market Insight

Breaking news and analysis on global financial markets
*Trading is risky. General advice only.

BCR Official: @bcrgroupglobal

[BCR Market Insight @BcrInsight]

With whats going on #crude feels pretty cheap sub $100 . Its certainly a realistic target again.

[BCR Market Insight @BcrInsight]

With w/end gap risk and geopolitical tensions back - would suggest not to be short #crude going into the w/end .

[BCR Market Insight @BcrInsight]

#Crude - how long before we see $100+ again ?
Not sure how Trump can keep it down this time.

[BCR Market Insight @BcrInsight]

Amazing #USDYEN sellers hit it hard pre payrolls - almost like someone knew ....

[BCR Market Insight @BcrInsight]

@DarioCpx Post Payrolls on Friday when market is illiquid with US out for July 4th - perfect time to intervene . Would not be long USDY Friday.

[BCR Market Insight @BcrInsight]

#Bitcoin has had a dead cat bounce so far testing key 58K support. Market knows big liquidation sits below.
Sharks smell blood.

[BCR Market Insight @BcrInsight]

#Bitcoin - 58K is a big liquidation level. Breaks will open the flood gates for a sharp move lower. Bears well in control . You would not want to be @saylor

[BCR Market Insight @BcrInsight]

#USDYEN has cracked 162 and new 40yr highs . Intervention risk is live . Suggest however Japan may wait post US payroll data Thursday. They will waste bullets if the data is strong with market buying #USD . Post data US on holiday and market illiquid. Fri seems a good day to do it.

[BCR Market Insight @BcrInsight]

Japan Finance Minister has held talks with US Treasury Secretary Scott Bessent about the yen falling to 40yr lows. Would suggest intervention risk - and potential co-ordinated intervention is live and could happen at any time . Being long #USDYEN at these levels warrants serious caution !

[BCR Market Insight @BcrInsight]

New Fed Warsh said 5yrs of not achieving inflation mandate is not good enough and over. Rate hikes are coming . Next #Fed meeting in 6 weeks . This will be a live meeting and suggest markets havent priced it properly.

[BCR Market Insight @BcrInsight]

FOMC with a new Fed chair tonight the main risk event for the week. Will be the most watched Fed meeting in years ! Will we get a Hawkish or Dovish Kevin Warsh ? Expect decent market volatility .

[BCR Market Insight @BcrInsight]

#BOJ expected to raise rates today to 1% - a 31yr high !
#USDYEN trades above 160 ! If it is still above 160 today post rate hike - pencil in intervention at some stage later this week.

[BCR Market Insight @BcrInsight]

If you wondering why #USD strong and #XAU lower - check US02Y above 4% and US10Y pushing 4.5% . Yields keep going higher these moves in USD and XAU will continue !

[BCR Market Insight @BcrInsight]

Trump has stated he gives the ceasefire "one percent chance of living " post Iran's unacceptable peace offer.
Market doesnt care - trades at record highs .
#NDX #SPX

[BCR Market Insight @BcrInsight]

Crude back above $100 and up almost 6% to start the week. US equity markets are at record highs and dont care . At some point either the crude price is wrong or equity prices are wrong.
#SPX #NDX

[BCR Market Insight @BcrInsight]

RBA meeting today .
Market expects 25bps rate rise. The third this year .
How much more can mortgage holders take ?
Guess we going to find out in months ahead.

[BCR Market Insight @BcrInsight]

Australian CPI data today . Looks like a horror story coming with inflation spiking to 4.7% from 3.7% last month. RBA meets next Tues and a 3rd rate hike this year looks guaranteed. Should be a tailwind for AUD !
#AUD #RBA

[BCR Market Insight @BcrInsight]

@GadSaad Tears for Australia

[BCR Market Insight @BcrInsight]

Crude : Nice falling wedge . Usually break back up.