Today’s France reminds of 2011 EU Debt Crisis THE WEEK AHEAD ECONOMIC DATA RELEASE 4TH OCT 2026 Rogue AI Agents: An anomaly or a feature US EQUITIES Q3CY26 EARNING PREVIEW US Mid Term Elections: A Blue Sweep Likely THE WEEK AHEAD ECONOMIC DATA RELEASE 26TH SEP 2026 US NFP SEP’26 PREVIEW THE WEEK AHEAD ECONOMIC DATA RELEASE 20TH SEP 2026

VIX TRIGGER IS CARRY TRADE UNWINDING & NOT US HARD LANDING

ADMIN || 6th August 2024

There has been massive unwinding of risk assets in the past 4 days since BOJ hiked interest rates by 15 bps and announced a phased reduction in QE. In the same period, NFP (Non-Farm Payroll) July data for US got released which was remarkably weak in UR (Unemployment Rate) and headline NFP too. But the cause of the current rise in IVs is the unwinding of carry trades and not a hard landing of US economy which US rates markets seem to be building the case for.

To Read This Full Opinion, Please Subscribe Now