A LOT going on in FX world... $JPY looks like it might be the next show to drop and no one has a position. The RMB move is a catalyst. 1/
This is knocking on to Emerging Market Bonds $EMB which has a GMI crash pattern formation.... 5/
And also to Junk Bonds, which have broken key supports... $JNK 6/
Its a very macro world out there. I have been writing about all of this for sometime in Global Macro Investor and Macro Insiders - something feels very "wrong". 8/
You can follow @RaoulGMI.
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.
Enjoy Threader? Sign up.
Threader is an independent project created by only two developers. The site gets 700,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.