Greetings,
The United States: Tight bank lending standards indicate high recession odds.
Europe: The Czech koruna has been sagging, with EUR/CZK maintaining the uptrend channel.
Commodities: Gold and oil have been highly correlated in recent days.
Energy: Energy shares have been under pressure in recent days.
Equities: The correlation between stocks and bonds remains elevated.
Rates: China’s holdings of Treasuries continue to decline alongside the Fed’s QT.
Food for Thought: Contributions to CO2 emissions:
Edited by Josh Oldmixon
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