Three weeks ago (June 21/19) I noted that the increasingly aggressive repricing of future interest rate expectations (soaring bond prices) was the “irresistible force” that had been impacting all markets since late last year.
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From the Desk of Drew Zimmerman
It was a week of celebration! Here we celebrated Canada Day, the US celebrated Independence day, but investors had even bigger celebrations as the Nasdaq, S&P and Dow all hit record highs!
June 2019 market performance highlights: Gold up ~$140 (11%) from late May lows, closing higher for 5 consecutive weeks, hitting a 6 year high, WTI up ~$9 (17%) from early June lows, closing higher 11 of the last 12 days, CAD up ~2.5 cents (3.3%) from late May lows, hitting 8 month highs...strongest of the G10 currencies against th
Polar Futures Group
Polar Futures Group is the team of Victor Adair and Drew Zimmerman who have worked together for over 5 years. Together they offer over 50 years of experience trading in financial markets. They specialize in trading currencies, interest rates, precious metals, base metals, financial indices, energies and agricultural exchange listed futures and options contracts .