David Durrant
David Durrant
dollar driving fed focused higher inflation likely market remain says slightly
Slightly higher inflation says to the Fed they have to remain with a tightening bias. The market is going to remain focused on payrolls at the end of the week. That's likely what is driving dollar strength.
backdrop bonds buying demand economic needs painful somebody suggest
There's demand for these bonds from somebody who needs duration. The economic backdrop would suggest that buying 30-year Treasuries at 4.47 would end up being a painful trade.
activity coming currency data driven europe japan markets
The currency markets are much more driven by activity and data coming out of Europe and Japan right now.
deficit eventually factor trade
The trade deficit will eventually be a factor in weakening the dollar.
add asia bias continue euro european good investor problems stocks stronger worry
When you look at valuation problems at U.S. stocks and the stronger euro and worry about European companies, there is a good investor bias to continue to add to Asia exposure.