IN addition to what we reported yesterday regarding rates
A few key pointers to the developing situation in global macro section.
The Global PMI is a sea of red in July. This is a remarkable change from the green last year.
The GLOBAL PMI marked as a live vs the rate in different economies show that central banks need to quickly adjust to the changing reality on the ground
The eu auto and parts index has now broken below the 2012 lows when QE was launched. This is a desperate situation as auto cos are unwinding at faster clip than before.
Bitcoin charts show it is setting up for a good period of rise if last years trend is any cue.
QUANTO fx system is running currently USDCAD and USDJPY trades. Overall returns for August has risen to +17%
Returns rise over +17% in august.
Overall returns now stands at 103% and rising.
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