Thanks to the capable carry-induced ramp in AUDJPY (and a helpful OPEX pile-on for VIX), US equity markets are surging this morning (Russell 2000 above yesterday’s highs?!) on the heels of the biggest short squeeze in over a month… SSDD…
We do note that the big tumble in shorts yesterday has now been fully retraced..
but AUDJPY seems unstoppable…
via Zero Hedge http://ift.tt/1jYcaGX Tyler Durden