Watch this weeks review here: https://youtu.be/ErdYAu99VAQ
Weekly Headlines: Inflation Reduction Act of 2022 signed into law. US Building Permits comes in slightly above consensus estimates while Housing Starts come in slightly below expectations. Retail sales growth was unchanged.
Upcoming Data Releases:
*Index data provider missing Friday, 8/19/2022, prices at time of writing.
Global asset prices sold off sharply on Friday, proceeded by a initial softening in the bond market on Thursday.
We are seeing another rally in the dollar across major and commodity pairs.
Very little movement in Treasury curve over the week.
We see relief in the 2-10 spread.
Crypto sells off sharply on Friday.