Thread by @tdarling1

Hello #opex Friday!

Quick recap of drivers in Global Macro WTD
$SPX +0.34%
$VIX 18.69 -10.79%
$USD 92.92 +0.36%
$WTIC 72.61 +4.15%
$TNX 1.331 -0.75%
$GOLD 1757 -1.98%
$DAX 15652 +0.27%

So, overall risk assets have fared well ↗️

Let's dig into the early morning data!

After a week that saw weakness in HSI -5.87% and SSEC -2.59%, Asian equities closed ↗️ on the day

$NIKK 30500 +0.6%
$SSEC 3614 +0.2%
$TWII 12277 unch
$HSI 24882 +0.9%
$KOSPI 3141 +0.3%
$IDX 6133 +0.4%

Australia ↘️
$ASX 7404 -0.75%

India ↗️
$BSE 59262 +0.2%

Europe building ↗️ on Thursday's gains

$DAX 15713 +0.4%
$FTSE 7046 +0.25%
$CAC 6683 +0.9%
$AEX 803 +0.6%
$IBEX 8624 +1.15%
$MIB 26122 +0.6%
$SMI 12066 +0.3%
$MOEX 4044 unch

🇺🇸 futures little changed ↔️ into monthly #opex

$ES 4474 unch
$NQ 15510 -0.05%
$RTY 2236 unch

$VIX 18.55 🔻

After yesterday's drubbing that saw GOLD -2.12% and COPPER -2.84%, metals are catching a bid ↗️

$GOLD 1764 +0.4% with $GVZ 15.92 🔺
$SILVER 23.087 +1.3%
$COPPER 4.35 +1.5%
$PLAT 938 +1.6%
$PALL 2034 +0.6%
$ALI 2916 +0.9%
$ZINC 3105 +1.0%

Hydrocarbons continue to pull back ↘️ after WTIC and BRENT broke out on Wednesday

$WTIC 72.27 -0.4% with $OVX 33.16 🔺
$BRENT 75.44 -0.3%
$GASO 2.1735 -0.35%
$NATGAS 75.44

Grains are trading ↔️

$WHEAT 714 +0.2%
$CORN 529 +0.2%
$SOYB 1289 -0.5%
$SUGAR 19.46 -0.3%

The USD coming in ↘️ particular vs CAD 🇨🇦 but stronger vs JPY 🇯🇵

$USD 92.778 -0.15%
$EUR 1.178 +0.13%
$GBP 1.381 +0.15%
$AUD .7319 +0.4%
$USDJPY 109.96 +0.25% 🇯🇵
$USDCHF .927 -0.1%
$USDCAD 1.264 -0.3% 🇨🇦
$USDRUB 72.582 +0.05%

UST yields drifting ↗️
10/2s to 111.7 BPS
MOVE 53.70 🔻

2Y .224
5Y .847
10Y 1.341
30Y 1.886

Global 10Ys mostly ↗️
JPN 0.044 🔻

Fasten your seat belts as we may be in for a bit of 💨 with hedgers likely to re-hedge into #FOMC next week

USD ↘️ should support your long 🇪🇺 exposure

Continuing to #BTFD in $SPYG and $URA and will re-open a position in $DBC

Have a super 💰 profitable day and a 😎 weekend!