Fed's Fault - Risk Off

Very much a risk off session in Asia. Blame the Fed for revealing what we already knew...

19 August 2020

Big Banks Sit on $250bn of Murkiest Trades After Covid - (BBG)

The banks are now sitting on hard-to-value trades that they say are worth about $250 billion, including categories that gained notoriety during the financial crisis, such as complex debt securities.

David Belle

21 August 2020

TFI Friday

The positive risk sentiment has continued overnight. These trends are not for turning. At 06.45BST ASX (-0.1%) Nikkei

Tim Vollans