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The United States: The market is now pricing in a 60% chance of a 50 bps rate cut this month.


Japan: Speculative bets on yen futures hit the highest level since 2016.

Equities: Bull markets have been getting longer since the 1990s.

Commodities: Coffee futures hit the highest level since 2011. The two stories below offer background on the recent strength.



Energy: Brent crude positioning is now bearish.

Emerging Markets: Russia’s central bank unexpectedly hiked rates last week.


Global Developments: Here is the impact of a hike in tariffs on the largest economies.

Food for Thought: Voter eligibility by generation in US presidential elections:

Edited by William Villacis
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