The Macro Charts You Must Know #18
If the slides above aren’t loading, you can read Week In Charts over here.
The week in a nutshell:
- The USD’s month long selloff seems to have ended, as it rallied against all major currencies this week
- US long term rates are also lower, with the 10y’s rally to 1.70% seemingly over
- Commodity prices are also starting to move lower
- Copper, Aluminium, EU Nat gas, and Chinese coal prices are all off their highs
- Even energy prices – Crude and EU Nat Gas are beginning to cool off
- If these trends in commodities, rates, and the USD continue, expect economic growth to fall and yield curves to flatten. Inflation might even come down!
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