Macro Dragon: USDCNH > 7.1400 signals danger on US|CH...
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime.
Chart of the Week: Cyprus 5-Year CDS
Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.
Market Quick Take - May 25, 2020
Asia equities are broadly higher and sweeping aside the mounting tensions between the US and China, instead focusing on the perceived positives which have driven risk assets in recent weeks. Namely reopening economies, slowing COVID-19 case growth and expanding central bank balance sheets. Trading may be light this Monday with holidays in U.S., U.K. and Singapore.