Mitul Kotecha
Mitul Kotecha
china effect familiar market moving realizing trading
The whole China effect is fading. We are moving back to trading in familiar ranges and the market is realizing it was not a big move.
comments currently dollar market mood playing sentiment short
The mood on the dollar is currently negative, the comments are playing into it. The market is short dollar and sentiment is weakening.
bullish due fears higher inflation interest largely market momentum strong turned
The momentum is pretty strong -- the market has turned bullish and this is largely due to their inflation fears and on expectations of higher U.S. interest rates,
came looking market number rally relief stronger weak
The market was looking for a weak number. There was a relief rally when the number came in stronger than expected.
market seeing stretched
The market has been very stretched on high-yielding (currency) positions...what we're seeing is a pullback from those positions.
dollar relief
The dollar may find some relief from the data, but this could be short-lived.
attraction currency despite economic funding further leave market ongoing strength vulnerable weakness yield
The market fixation is back on yield again, and the yen's attraction as a funding currency will leave it vulnerable to further weakness despite ongoing strength in economic data.