Today's slide deck:  https://bit.ly/3FEYmgp   -

Today we look at what could prove a key reversal day across  markets as the US CPI release and FOMC minutes failed to trigger significant unease and US long treasury yields actually headed lower after another strong treasury auction yesterday, this time of 30-year T-bonds. With US long yields reversing lower, risk sentiment got a significant boost and the USD was pushed sharply back lower, while the metals market has seized all of the attention in the commodities space. Also on the call, we look at JP Morgan earnings, what's on tap next as earnings season gets into full swing and whether the USD has  posted a major top. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic