mArkets don’t care mate. Sling your hook.

The US Employment Situation -- May 2024

Then it's not working. You should know that you need prices next to static right now.... yesterday in fact. ECB: MISSION FAILED

ECB's Makhlouf: ECB is confident that the disinflation process is working

I didn't know saving face was such a European trait.

EU Monetary policy decisions

7 is the most made up number in stats. Combination of cognitive bias and Benford's law. If you're ever suspicious of what someone is saying and then they quote a stat that ends in 7.... walk away. Bye.

US Services PMI at 53.8%; May 2024 Services ISM Report On Business

The fact that this can be called rational thinking and used to price certain assets at todays prices... makes me now understand why so many out there haven't noticed the emperor's willy.

US Services PMI at 53.8%; May 2024 Services ISM Report On Business

Anyone that trades small size consistently, and trades with too much leverage and/or pays silly commission/spreads/costs or accepts woeful Ts + Cs is considered non toxic order flow. The logic goes: bet against non toxic order flow (ie by simply ...

US Services PMI at 53.8%; May 2024 Services ISM Report On Business

Someone told me once that when someone places spaces between letters and punctuation it's because they have narcissistic tendencies. My comment is kinda like correcting someone for mixing "there" and "their". Waste of time.

US Personal Income and Outlays, April 2024

Ohhh what a buttery biscuit inflation base! Now for the awkward part. Either central banks show their ineptitude and lose control or there will be a mass unemployment event around the corner (which they'll blame on something else), to sort out this ...

Euro area annual inflation up to 2.6%

Why is gold moving up on this?

Joe Rogan podcast guest flashes $1 million cash during interview to promote Jiu-Jitsu...

The whole world and their dog knew this. The question that few ask is: "Why do they repeatedly do what is clearly incorrect?" I suspect the answer is moral hazard. I also suspect the answer is that some profound changes to how US government and Fed ...

Fed's Bowman: FOMC would have benefited from earlier decision to taper and end QE in 2021;...

The man is a dishonest scumbag imo. A fudged headline CPI and screamingly hot core. The internals also looks awful: Second round inflation clearly embedded. He is the type of politician that will never make a decision good for the country... he's ...

UK inflation lowest in 3 years. Prime Minister Sunak makes it a focus in election call for...

Not if my recent trip to the UK is anything to go by. Unless they've fudged the numbers ofc. #doublethink.

Britain's inflation rate could be about to drop below the Bank of England's 2% target

PM?? Where did it say that? Primary school error?

Iran's President Raisi, foreign minister die in helicopter crash: Iranian official

BBC loves peddling the “it’s all ok stay calm and carry on” narrative. Idiots.

Easing US inflation stokes interest rate cut debate

If I had a penny for everytime someone asks this. Conceptually gold is a hedge against *unchecked inflation*. If inflation expectations rise but do so alongside interest rate expectations.... gold typically sells off.

Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey...

Big time lower, me thinks.

What to expect from the Fed meeting

Yes

What to expect from the Fed meeting

If there is one CB other than BOJ that will f*** this up, and end up stoking a runaway inflation chain reaction, it will be the ECB. So precious is their political federal state.

Euro-area flash inflation: Good enough

Looks similar to previous big short squeezes in JPY to me.

Mini Flash Crash G10FX/JPY?

Nice story. Must mean it’s correct?

Japanese yen strengthens sharply after hitting 160 against dollar for the first time since 1990