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Macro Morning - MacroBusiness

MacroBusiness Access Subscriber Only Content See the latest Australian dollar analysis here: Risk sentiment faded on Friday night across both sides of the Atlantic as European measures to contain COVID ramped up, putting pressure on their respective economies, while the lack of any measures in the US is sending the death toll higher and higher, as Congress does 2/5ths of SFA to engage meaningful stimulus. Wall Street is wavering in confidence, while commodity traders can only see the moon alongside their well bid Bitcoin boosters, now zooming well past the $23000 level in an obviously sustainable move (sic) on the weekly chart:

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