What's Driving FX Low Volatility and Dollar/Yen Moves?

Markets are hopeful that we get some kind of new US-China detente on trade ahead of a purported Xi-Trump summit "later this month". The stakes couldn't be higher. Plenty more to talk about as well as metals continue to scream higher in a slightly nervy market. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.

No substack post today on the John J. Hardy substack, but here's a link discussed in today's pod (HT FTAlphaville) on What happens when Chinese resolve meets American rent-seeking?

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