You could add corruption (of the intellectual type) to make it a four-beat alliteration if you wanted to,
From Marc to Market:
Overview: Heightened warnings from Japanese officials has helped the dollar steady against the yen, while euro hugs parity ahead of the outcome of the ECB meeting, where a 75 bp hike is anticipated. Most Asian equity markets rallied in the wake of yesterday’s gains in the US. China and Hong Kong were notable exceptions. Europe’s Stoxx 600 is practically flat as are US futures. The US 10-year yield is softer, a little below 3.25%, while European benchmark yields are slightly firmer. The 10-year JGB drew closer to the 0.25% cap. Emerging market currencies are mixed, but the Chinese yuan rose for the first time this week, albeit a little.
Gold is extending yesterday’s recover from below $1700 and is hovering around $1722 now. Crude oil tumbled 5.7% yesterday and the October WTI contract is a little softer today. It held below $83 a barrel and tested the $81 area. US natgas is off 05% after falling around 11% over the past two sessions. Europe’s natgas benchmark is off 9%. It is now lower on the week. Recall that it was the end of last week that Gazprom announced the indefinite shutdown of the Nord Stream 1 pipeline. Iron ore snapped a two-day fall and rallied 3.6% today. December copper is up 1%. December wheat is up for the fourth consecutive session....
....MUCH MORE
