Yes exactly. And while OCR creeps up to say 5% OCR over a long time the swaps go bang! there in a week
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Crypto is getting dumped. Copper, gold, silver, platinum are ripping.
Revenge of the old economy.
NZ heading the way of turkey ? 84 % inflation
'60% of the way to wage-price spiral and hyperinflation Armageddon,' economist says
https://www.stuff.co.nz/business/130...economist-says
bit of a crypto panic happening , probably flow onto equities i reckon
crypto carnage continues weighing on stock indices today.
tomorrow biggie.
cpi data and maybe us midterm results
inflation data not to far away , implied volatility on the release is high esp if its hot
wow massive reaction to that print , nasdaq jumped nearly 3% in like 2 mins lol