Link to slide deck: https://bit.ly/3XJQVho   -

Today we look at the market sentiment stabilizing overnight as China moved to extend support to the property market. With yields edging lower still yesterday, the JPY rally picked up further momentum - is that move chiefly positioning drive and will the US CPI data tomorrow offer support for USDJPY or accelerate its decline? We also discuss the Nasdaq 100 index rebalancing that is set for next week and whether this will trigger notable volatility in especially the very largest cap US stocks. Elsewhere, we discuss UK yields dropping after mixed labor market and earnings data, gold making a bid at rallying through resistance and crude oil trading into range highs. This and more on today's pod, which features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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Intro and outro music by AShamaluevMusic