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The Day Ahead: PM Edition 2022-08-04

The Day Ahead: PM Edition 2022-08-04

Now we wait for the NFP

Aug 05, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-08-04
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Bonds

Very little change in bonds today as they hugged 143^26 today. We have some news tomorrow morning that can knock ZB free and more next week with the CPI. I suspect that the market is ahead of itself on the end of rate hikes, but we need proof like a drop under 141^20.

Need a drop under 141^20 to confirm a reversal

Crude Oil

CL came through with a new …

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