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USD/JPY: will it follow rate spreads? – Nomura

Analysts at Nomura suggested to watch out for fixed income volatility. Key Quotes: “USD/JPY now appears to be moving in line with wider rate spreads. Correlation between rate spreads and USD/JPY is now increasing again.” “One notable difference from the January-February period is the still

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WTI tumbles to lows near $67.50 post-EIA

Crude oil prices extend the downside near $67.50 post-EIA. US oil inventories unexpectedly rose by almost 2.2 mbpd. WTI in fresh 2-day lows following the DoE’s report. Prices of the WTI are extending the weekly correction lower on Wednesday in response to an unexpected build