Japan CFTC JPY NC Net Positions dipped from previous ¥-79.2K to ¥-83.2K

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US July PPI +0.8% y/y vs +0.7% expected

US PPI y/y Prior was +0.1% y/y (revised to +0.2%) PPI final demand m/m +% vs +0.2% y/y expected Prior was +0.1% m/m (revised to 0.0%) Ex food and energy: +2.4% y/y vs +2.3% expected (prior +2.4%) +0.3% m/m vs +0.2% expected (prior +0.1% revised to -0.1%) Goods ex food and energy 0.0% m/m More

US dollar climbs and yields jump after PPI data

A slightly-hot producer price index reading has caused an outsized reaction in the FX and fixed income markets. PPI was at +0.3% m/m compared to +0.2% expected but you wouldn’t know it was only a small miss from the market reaction. US 10-year yields have jumped to 4.15% from 4.10% and the dollar is broadly

Australia CFTC AUD NC Net Positions rose from previous $-51.8K to $-43.2K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

S&P 500 falls to a one-month low

The S&P 500 is on track to close at the lows of the week and the worst levels since July 11. I don’t love the look of that chart and the bond market isn’t offering much support here. US 10-year yields are up 6 bps to 4.14%. There is a bit of a retracement in