Markets, mostly

City of London
Joined September 2011
I guess it's another day of finding a narrative to suit the price action
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Join us at the bottom of the hour….
The Morning Blast Podcast with Ryan and @MrMBrown Markets - News - Rants Give it a listen. Market levels to watch via @FuturesTechs xitter.cf/i/spaces/1MJgNbkqpXOGL

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That quote is, quite clearly, not a 'no'... 🤔
Andy Burnham insists he has ruled out an early election on @GMB ‘I don’t think people want another backward looking squabble. They want me to get on with the job’
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In fact... "we are putting our 10-year plan to the people, this election will be one of looking forward to a brighter future, not back to a past of squabbles" Not especially difficult to imagine the PM saying that from the steps of Downing St at some stage soon(ish)
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Forever amazed at how many overnight experts fintwit produces - this time, Brazilian politics is the specialist subject!
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👇👇👇
France now pays about 172 basis points more than Germany to borrow for 10 years. On Pints & Policy, Director @DamianPudner asks @marcusashworth and @MrMBrown who steps in, what oil near $117 means for the Bank of England on 5 November, and whether the reported £20bn through the British Business Bank and National Wealth Fund before Wednesday's Budget is borrowing by another name.
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Michael Brown retweeted
Absolutely love doing the GBTT weekly macro roundup with these two rogues. We have such a laugh, and you never know what's going to come up. @mrmbrown @marcusashworth
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Weekend. 🍻
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The last few weeks are not 'risk-off'...they're 'sell megacaps, rotate into everything else'...a ton of churn under the surface meaning the S&P just treads water...
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Cable set for its tightest annual trading range since the collapse of Bretton Woods...is FX vol gone forever? 🤔
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Another jam-packed chat with @mhewson_MCH as we chew over renewed AI jitters, French fiscal concerns, plus a raft of UK economic data & corporate reports, as well as looking ahead to next week's Budget and decisions from the FOMC & ECB Have a watch... youtu.be/Dn2pBnEfXHU?si=eul5…
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Join us at the bottom of the hour…
The Morning Blast Podcast with Ryan and @MrMBrown Markets - News - Rants Give it a listen. Market levels to watch via @FuturesTechs xitter.cf/i/spaces/1pKkOXlVvddKj

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I'm sure a BoE hike or two will make everything better on this front...
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I wonder where all this red tape came from in the first place… 🤷‍♂️
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Spoos down 1% on the day and the permabears start doing victory laps…we’re spitting distance from record highs & up 12% YTD…too many folk would rather massage their egos than make money… 🤷‍♂️
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Michael Brown retweeted
Not an easy day in the markets! But always have time for candid chat w/ good minds and hearts! 💪🧿🌍
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This year = last year 🤷‍♂️
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Good to see bonds back to being a haven again
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Anything but actually running the country… 🤦‍♂️
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France worries are all perfectly rational & valid yet the mkt is trading as if the ECB will never provide a backstop…they will, they’ll have to…just as soon as they’ve thought up a new acronym and a way of making it look like they’re not simply bailing out a profligate state…
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