January 18, 2023 at 11:45PM The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot for macro traders, but the later reversal from the S&P 500 and other risk assets will carry more consequence. Have the bulls capitulated and why did the Dollar recover despite a further slip in rate expectations?
S&P 500 Reversal Packs More Global Punch Than USDJPYs Drama