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Stephen Innes
Jan 17, 20232 min read
A day away, but the BoJ holds sway.
It might be a day away, but the BoJ still holds sway as markets fret about the BoJ's highly uncomfortable position, which is likely...
11 views0 comments
Stephen Innes
Jan 17, 20232 min read
A most remarkable and unexpected EU risk appetite reversal
GLOBAL MARKETS European equities were stronger Monday, with Stoxx600 up 0.5%. US markets closed for Martin Luther King day. However, US ...
4 views0 comments
Stephen Innes
Jan 15, 20235 min read
Inflation: Coming Down The Mountain
Cooling US inflation argues for a step down in rate hike pace, but not lower terminal rate levels. GLOBAL MARKETS It would be challenging...
26 views0 comments
Stephen Innes
Jan 14, 20232 min read
Pricing a Soft Landing?
MARKETS With Wall Street denizen still peering down the economic rabbit hole at the start of the year that the Chinese calendar aptly...
19 views0 comments
Stephen Innes
Jan 13, 20232 min read
Is the oil rally moving beyond China's borders?
While everyone in the oil complex sees upside risks to Chinese growth and the consumption recovery supporting higher oil prices, today's...
17 views0 comments
Stephen Innes
Jan 13, 20233 min read
No sense in dancing around the obvious:
MARKETS US stocks are trading higher as investors digest a slowing yet in-line CPI print that sees the rising tide of optimism lift all...
14 views0 comments
Stephen Innes
Jan 12, 20232 min read
China inflation uptick vs US inflation downtick + JPY rally hard
After a lengthy period of trumpeting the rally charge, Chinese investors are coming up for air after an uptick in inflation gently pushed...
10 views0 comments
Stephen Innes
Jan 12, 20232 min read
RANDOM TRADER THOUGHTS
Although the quants will disagree, Trading is much more an art than a science experience; diligence, a knowledge of history, an open...
13 views0 comments
Stephen Innes
Jan 12, 20232 min read
Jockeying for Position
It was another quiet day on the headline front, but it was all about investors jockeying for position ahead of what is expected to be a...
4 views0 comments
Stephen Innes
Jan 12, 20232 min read
Soft Landing
MARKETS US stocks are markedly higher Wednesday as investors anticipate another benign inflation report later on Thursday. Last month saw...
12 views0 comments
Stephen Innes
Jan 11, 20232 min read
The Writing Is On The Wall
Markets Asia stocks are trading with an upbeat tone as optimism over cooling inflation has traders placing markers on the softening trend...
16 views0 comments
Stephen Innes
Jan 11, 20233 min read
Pre CPI Idling Mode
MARKETS US stocks advance amid optimism over the cooling inflation outlook as investors await confirmation bias in the latest inflation...
15 views0 comments
Stephen Innes
Jan 10, 20231 min read
New year, the same message.
Markets may soon enter that pre-CPI trance mode, but the mood music is certainly not about a Fed in dovish transmission. Fed officials...
4 views0 comments
Stephen Innes
Jan 10, 20231 min read
European Open: Lower gas prices and China reopening support EU assets
Macro data in the US have been mixed the past week, with a softer than expected ISM, especially on the services side and manufacturing...
4 views0 comments
Stephen Innes
Jan 10, 20232 min read
Navigating the Dark Side of The Boom
MARKETS US stocks are well off overnight highs as Fed rates cut in 2023 remain a primary uncertainty, hence a soft landing, while...
9 views0 comments
Stephen Innes
Jan 10, 20232 min read
Pendulum Still Swinging Around the Fed Reaction Function?
MARKETS U.S. stocks traded off the session high as the pendulum still swings around the Fed reaction function despite some investors...
6 views0 comments
Stephen Innes
Jan 9, 20232 min read
China Border Reopening Bounce
Asia risk sentiment is off to a rousing start coat-tailing the rise in US equities as investors revel in the unexpected contraction in...
6 views0 comments
Stephen Innes
Jan 8, 20233 min read
Earnings and CPI Should Make for A Bumpy Ride Ahead
MARKETS The first week of 2023 came with the usual slew of major economic data points, which on net point to the curious post-pandemic...
23 views0 comments
Stephen Innes
Jan 7, 20233 min read
An epiphany of sorts.
US MARKETS U.S. stocks traded notably higher Friday, with investors embracing a weak Services sector business sentiment survey, the first...
9 views0 comments
Stephen Innes
Jan 6, 20232 min read
What is going on with the US dollar
Not unexpected against the backdrop of a high-risk NFP event later in the New York session, an awkward silence is consuming the market as...
11 views0 comments
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