Goodbye V? IMF will gather next week under cloud of worst recession since Great Depression, and a recovery dependent on scientists finding vaccine. While IMF flagged small upward revision to its 2020 ...

Equity mkts on course to ATH despite resurgence in Covid-19 cases. Global stocks have gained $3.5tn in mkt cap this week, almost equal to GDP of Germany, as investors continue to position ahead of tri...

The end of the V-shaped recovery? Economists are beginning to lower their Q4 forecasts due to resurgence in Covid-19 cases. Increased govt restrictions could lead to a contraction in Eurozone GDP in Q...

Hi from Germany, where 2nd wave of coronavirus infections is slowing down econ activity. Demand for public transportation plunges from a week earlier in most parts of Germany. In most densely populate...

Speculators are losing interest in the euro. Paring again their Euro longs by 7.3% to 174,308 net long positions. The position remains large and vulnerable to a further squeeze as net EUR longs still ...

Stock looks attractive but comes w/high pol risk. In H1'20 54% of revenue from govt clients. Palantir's high-touch model cant s'cale as seamlessly as other Software as a Service stocks....

Bitcoin gains as Square buys $50mln in Bitcoin, says cryptocurrency 'aligns w/company's purpose.' This represents about 1% of Square's total assets.“Square believes that cryptocurrency is an instrume...

Another day, another All-Time Low: Greek 10y bond yields fell as much as 6bps to 0.881%. Since the pandemic, Greek debt has become eligible for ECB purchases and the nation is set to receive €16bn in...

Global stocks keep rising w/Asia stocks at 1mth high on renewed stimulus hopes. Treasuries steadied after yields pushed higher Wed w/US 10y yields at 0.78%. Dollar lower w/Euro at $1.1774. Gold at $18...

Hi from Germany where Target2 claims of Bundesbank on the rest of Eurosystem keeps rising beyond €1tn milestone amidst QE, meaning more risk for Germany. Claims have risen by €59bn in Sep to hit fre...

Dow rallies >500 points for its best day since July after President Trump tweeted support for aid to airlines and other stimulus measures, stoking hope that a smaller aid package could be passed by...

Turkey Lira plunges to All-Time Low vs Dollar amid tensions w/Washington. US warned it was “deeply concerned” at reports Turkey planned to test a Russian S-400 air defense system purchased from Mosc...

Mad World: Greece 10y govt bond yield fell to new all-time low of 0.933% during the trading day to end at 0.939%. Greek bond rally supported by expectations that ECB will announce additional monetary ...