Today we're launching SignalRelayer.
Avoid missing signals from the groups you follow โ even when you step away from your desk.
Track Discord & Telegram channels you're already in. Execute alerts on your MT4/MT5 account in seconds โ no copy-paste, your own risk settings.
Forex is live now. Crypto, futures & options are next.
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Last week's Treasury auctions were solid despite the large issuance.
Ended up writing a primer on auctions below.
Worth a read.
https://t.co/dQEfWzFb9p
The April jobs report won't change much for the Fed because
โข There's another one before their next meeting
โข They're more focused on inflation data
โข It's doesn't show "unexpected" weakness
But it will certainly help ease fears about reacceleration/overheating
Yen intervention or not, this isnโt strong enough to pin the Yen below current levels mid 155.
Focus needs to be on JGB yields, which will most likely be the first priority market to intervene on as yields on the 10y approach the 1% upper bound.
Been putting some work on the substack- quality read for beginners & experienced macro traders/investors.
Fed funds futures are a prime tool for understanding how the market is positioning for future policy meetings.
Link in bio๐๐พ
@bigspeakz More oversight to reduce the probability of systemic risk in times of market stress. Thereโs no real risk to markets, itโs adding a fail safe.
Basis traders (hedgies & the rest) are the only one thatโll see a difference when dealing in the repo market & trading USTโs.
Japanese markets are a point of focus globally.
Iโve always had a profound interest in their economy since I learnt of their nuanced approach to monetary policy.
Writing a report today covering Hajime Takataโs comments, JGBs & the Yen.
April/May for the cut? Weโll see
For the OG MMH readers you would remember the days when I would write all reports Mon-Fri back in '22. Now we've expanded the team and you're getting to see some prominent & highly skilled macro analysts share their views of the global macro landscape.
The grow continues
Useful macro tip:
Use XTB for your FX morning briefs.
2min read, bullet points.
Donโt need to overcomplicate things.
Just separate the noise from the signal in macro data.