Dollar (USD) Rules!!! Natural Gas Prices Collapse

Tokyo Issues Warning as Yen Depreciates, USD/JPY in Positive Territory

Summary:  Today we note the strengthening headwinds against the melt-up in financial conditions as the US dollar continues to rise, having now broken higher against the Euro, sterling and yen, and as a new surge in US 10-year yields threatens. Elsewhere, US Natural Gas prices ease despite a weak storage build yesterday and wheat prices are retreating rapidly. In equities, focus on Applied Materials after their earning report, Canadian Solar and a look ahead at Deere. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.


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Source: Podcast: USD and treasury yields pushing back against the melt-up

Tokyo Issues Warning as Yen Depreciates, USD/JPY in Positive Territory

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