A Tesla 0DTE circus today. Huge week ahead for global markets.

Link to slide deck: https://bit.ly/3Cleu6k   -

Today we look at the market rebound yesterday, though still one with a number of divergences we have recently noted. Tesla had a banner day and was administered a dose of rocket fuel after the close on GM announcing that it would join Tesla's EV super-charging network. Given that today is Friday, this could well drive a bonanza of volatility and heavy trading in Tesla shares on the impact of the weekly options going 0DTE (zero-days-to-expiry) today. In fixed income, we focus on upcoming US treasury issuance and the pricing at the front-end of the European yield curve. FX moves, an emphasis on the heavy calendar of event risks next week (US CPI, Fed, ECB, BoJ & more) and much more on today's pod, which features Peter Garnry on equities, Althea Spinozzi on fixed income and John J. Hardy hosting and on FX.

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Intro and outro music by AShamaluevMusic