· AQT Research· Sources: CNBC
Framework
| Module | Indicators | Role |
|---|---|---|
| Rates | 2Y/10Y, TIPS, Fed funds futures | Discount rate; cross-asset valuation |
| FX | DXY, JPY, carry baskets | Risk transmission |
| Equities | Rotation, breadth, VIX | Positioning and sentiment |
| Credit | HY spreads, funding | Tail risk and liquidity |
Evidence today
Headlines support the Asia macro and FX theme; cross-check with framework indicators before drawing conclusions.
- Alphabet plans to raise $80 billion from stock sales to fund AI buildout (CNBC)
- HPE skyrockets 30% on biggest earnings beat since 2018 (CNBC)
- NBA star Stephen Curry signs deal with Chinese sportswear giant Li-Ning (CNBC)
- Trump tells CNBC: 'I don't care' if Iran negotiations are over (CNBC)
Conclusions
- Identify regime-shift candidates (vol breakout, rate repricing, FX stress).
- Validate across assets (rates → FX → equities/credit).
- Size exposure by volatility; cap correlated clusters.
- Review via post-trade attribution.
Not investment advice. For informational purposes only. Sources: CNBC.