DXY was back but then not.
AUD put in an impressive hammer candle bottom.
I’m baffled by the reaction of auld lead boots.
Oil down, gold up.
Commods mixed.
Miners meh.
EM lol.
Junk whacked.
Yields hardly moved.
An extinction-level asteroid could hurt stocks.
Pretty wild pump and dumps on this.
Lol, Mexican troops to the border. That’ll be a tidy earner for them as they clip the cartel ticket.
But hey, politics is all about perception.
I’m not sure what the Canadians can do. The amount of drugs and people coming across the northern border is tiny.
Trudeau humiliated, and it’s all good!
I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…
— Justin Trudeau (@JustinTrudeau) February 3, 2025
The main game, China, is still in play. So is the EU. These early successes, such as they, will not deter King Trump from going harder.
While King Trump shoots to the moon, the Australian dollar is a kite in the wind.
