Financial Week in Review 4/15/22

Global equity index muted over a short US trading week. In the charts we generally see a bit of consolidation after recent bearishness.

Currencies muted as well, though dollar strength does continue.

New job postings in the US still slowly rounding the corner.

Food prices still showing inflation, with corn being pack leader. Metals more muted with gold climbing of late. Oil and gas pop on the week.

Quieter week for US treasuries, which just a bit of steepening. IG spread basically unchanged.

Inflation expectations stay stable.

Bit of weakness in financial sector and semis. Transportation bounces off lows.

BTC’s $40k support holds firm this week.

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