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DXY is breaking out after the pause that refreshes. North Asian headwinds are not helping the AUD bottom. Gold is in trouble. Metals says all good. But not miners. Iron ore is falling for real now. $84.70 on my freight-normalised CFR model. Junk is not OK. Though the long-end bust has paused. US stocks to The post Gold crash not over appeared first on MacroBusiness .
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
Key PointsThe S&P 500 is heading for a 14% increase this year.
Iraq’s central bank has devalued the dinar against the dollar, citing a crisis caused by the Middle East war which has hurt the country’s oil exports.
Iraq’s central bank has devalued the dinar against the dollar, citing a crisis caused by the Middle East war which has hurt the country’s oil exports.
Surging Treasury yields have begun to hammer parts of the stock market that might easily be overlooked, especially with the spotlight once again shining brightly on a small group of glamorous tech…
