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Overnight and still lots of red, quite a feat to crash everything all at once except the USD of course which is flying high, hate to be Powell when he gets that phone call from Trump 😳

UK rate decision today, let's hope Carnage can kick up a s**tstorm of equal volatility. 

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  • 2 weeks later...

Looking Risk Neutral this morning, Indices mixed, USD down Bonds flat, Oil and Gold down.

Chart US 10 y Treasury.

High impact releases today Ger PMI, EU PMI. Start of the 3 day Jackson Hole symposium, news leaks throughout and can be market moving affecting positions over the weekend plus UK bank holiday Monday.

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The board remains risk neutral leaning to risk on with Bonds continuing to drift down, Indices, USD and Oil up, Gold down.

Lots of Fed speak today and the markets are keen for any kind of news so could get jumpy, JH symposium continues today and into Saturday and UK bank holiday Monday.

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