David Scutt

@TheKouk What curve are you watching?

I'm waiting for the Australian yield curve to invert before calling a recession...

@PantsGoldman It was around 30% post RBA

@Scutty Looks like this has really changed in the last few days, price significantly lower earlier in the week is that correct?

RBA May hike now priced a slither under 80%

GBP/USD Forecast: Breakout extends as BoE repricing and crude reversal align forex.com/en-us/news-and…

Qatar state-owned LNG giant QatarEnergy has published a statement detailing the overnight damage, providing more granularity (particularly around the damage of the GTL plant).

Reuters: Following an Iranian drone attack, Saudi Arabia’s Yanbu port on the Red Sea has halted oil loading operations. Yanbu is the kingdom’s only oil export port outside the Persian Gulf and Strait of Hormuz.

Forced demand destruction may be upon us far sooner than anyone thought

One takeaway from all my years covering the BOE (prior life) The gilt market never does anything in halves 2y UK yields +35bps Rates market pricing 3 HIKES for this year. A few weeks ago the market was set on the BOE cutting this meeting Biggest intraday move since 2022 (last energy shock)

Got gas? WWWWWW

*IRAN ATTACKS DAMAGE 17% OF QATAR LNG CAPACITY FOR 3-5 YRS: RTRS

Showtime!

@bigballscapital Historically, it's been a decent level to lean into yen weakness against the USD, but we're dealing with circumstances that make Japan very vulnerable from an economic and fiscal perspective. Not the only one in that boat, mind you!

@Scutty Thanks mate. interesting to see how the BOJ handle this. So far it seems they have put a ceiling on that. but it may break

USD/JPY Forecast: Yen shrugs off jawboning as pressure builds on BOJ forex.com/en-us/news-and…

@bigballscapital Under these circumstances. even if there is intervention, it would be ineffectual beyond the short-term IMO. Far better off trying to go with the tide rather than against it. That's why it's only jawboning at this stage.

@Scutty Do you think it will ever break 160? it is been great to short near that

@countrytradie7 Cheers mate. Working off a laptop screen ahead of a seminar later today makes for tough work. Eyes feeling it!

Follow this guy , no bullshit and posts the facts always @Scutty , great input mate as usual and thankyou

@MehtaDivya37757 Only one dissenter doesn't bode well for April

@Scutty Dovish BOJ as soon as Oil spikes 😂😂

Only one dissenter in favour of a rate hike #BoJ

My rough markets pressure gauge for Trump continues to build. Dow, gasoline and long bond yields moving in the wrong direction ahead of midterms. Percentage change over the past four weeks shown in the bottom pane.

🔴 The UAE announces: Our gas production is now zero

AUD/USD Forecast: Messy jobs report fails to shift focus from energy price surge forex.com/en-us/news-and…