Good Morning!
There hasn’t been any breakthrough between US/Iran despite supposed talks, with the conflict likely lasting till after the midterms. Equities and crypto seem to have lost their sensitivity to geopolitics so far; however, the rates rally remains intact with every energy spike.
Today we get the Core PCE index monthly change, along with US GDP growth, both of which are expected to come in slightly worse than their last prints. On Friday, we get US labour data, with payrolls expected to be weaker and unemployment steady, while European inflation is expected to tick higher to 3.4%. Finally, next Wednesday we have FOMC minutes.
Important Dates
WE CALLED IT
QNT Long
+22%
$196 → $240Broccoli Long
+20%
$0.0027 → $0.0032
MUBARAK Long
+164%
$0.0277 → $0.073XPL (last NL- running)
$0.085 → $0.1
WIZARD’S WEEKLY MUSING
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