Charts That Matter - Wednesday, Jan 30

While everyone is looking at gold in USD, have a quick look at this chart. Gold in World Currency is running like it stole something the last couple of weeks. That’s the breaking of a 7-year-old resistance. (Laurenz)

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“We are getting more worried about the downside risks given the declining appetite among consumers for buying cars and homes, in particular among high-income households:” Deutsche Bank’s Torsten Slok, who created this chart:

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Global stocks drift ahead of Fed meeting. Expecting a dovish Fed, investors focus on the balance sheet. Apple outlook gives tech shares a lift. Yuan climbed to highest since July as US-China trade talks get underway in DC. Pound falls after UK parliament vote. Bonds steady w/ US 10y at 2.71%. Let's see if the FED changes its tune today and bow down to the market tantrums

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This month has been the most-active January for emerging-markets bond sales on record.

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