Trading can waste the next 4 years of your life or give you the best life
It all depends on you ..
If trading can waste it then there is a probability that other crafts too can
It never about the crafts it about the craftsman ✌🏻
THE YEN CARRY TRADE COULD BLOW UP AGAIN.
Yen borrowing costs are now just 0.91%, making it one of the cheapest major currencies to borrow.
Traders are taking advantage of it again.
They are borrowing cheap yen and moving the money into higher-yielding currencies and assets.
The Brazilian real, for example, offers an implied yield of 12.64%.
Japan and the U.S. spent around $87 billion defending the yen over just two days in July.
Yet the yen has already erased around half of those gains.
Now traders are rebuilding carry trades while Japan’s policy rate remains at just 1%.
The bigger this trade gets, the more dangerous the next BOJ hike or intervention becomes.
One sharp yen rally could force traders to unwind and trigger selling across global markets.
Iran is playing the long game
Strait stays closed. SPR draining to multi-decade lows. diesel crack spreads highest since 2020
🥇Gold gamma just expanded hard toward $430
The market is starting to price in what we've been saying for weeks.
Full commodities report👇👇
https://t.co/9M8gmVs3Oo
🚨 LIQUIDITY IS MOVING INTO CHINESE BONDS
Just now, the Chinese 10Y bond yield hit a 12-month low of 1.68%.
Bond yields going lower means bond prices are rising, which means liquidity is exiting the other bond markets, like the US and Japan, and moving into China.
The Philippine consumer is not in good shape.
Been talking to friends in mass market retail and business is down at least 10% yoy.
Food appears to be holding up. But unless it’s a necessity, unnecessary spending is being curtailed in 2Q and 3Q.
War-driven inflation taking its toll, while crucial public spending frozen because this government is simply dysfunctional.
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THANKS FOR WAITING!!!
It’s been a while since I’ve done a GIVEAWAY!!!!!
So, to celebrate 11,000 followers and the community that got me there, I’m giving away
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To enter:
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Winners chosen Aug 15th!
Good luck to everyone ❤️❤️