Dax Index reaching major support zone
Dax Index is approaching major support zone 14'620-14'820. Keep an eye at this zone. Source : Bloomberg
Top 6 banking ratios every investor should know
Trade Brains
Where do we stand in terms of percentile each year for the below aggregates in the US:
- US Government Debt to GDP = 98th percentile - SP500 Cyclically-adjusted-PE ratio = 99th percentile - US Consumer Price Index YoY change = 88th percentile Sounds like an interesting trifecta... Source: Crescat Capital
Disinflationary forces are intensifying in Germany, at least for now
German PPI deflation deepened with PPI down 14.7% YoY, the most since the start of the statistic in 1949. Even compared to the previous month, producer prices fell by 0.2%. Source: HolgerZ, Bloomberg
Oil vol, OVX, and gold vol, GVZ, have exploded higher and continue to stay at elevated levels/move to new recent highs
These are the two assets to watch for the "real" war stress. Source: TME, Refinitiv
CAC 40 Index back on major support
CAC 40 Index has consolidated 10% since April and is now testing major support zone. Keep an eye if this level holds. Source : Bloomberg
SGS reaching important levels
SGS (SGSN SW) is reaching March 2020 lows. It is also on the lower end of March 2022 triangle. Keep an eye. Source : Bloomberg
US yield curve keeps bear-steepening w/2s/10y spread jumps to -19bps after Fed's Powell has given 'green light' for higher long-term bond yields with the 10-year near 5%
Source: Bloomberg, HolgerZ
