Top 5 Charts of the Day – July 27th 2020

Developing nations have lowered borrowing costs by a combined 5,510 basis points since the beginning of 2019 according to data compiled by Bloomberg.
*Link: https://t.co/9YZEvoa1zu
*More interesting charts: https://t.co/UQNkvw4xrA ⚠ pic.twitter.com/BX9OnZmuKv

— Christophe Barraud (@C_Barraud) July 27, 2020

#Precious Metals are surperforming Commodity Index as Central Banks Keep Expanding Balance Sheet – Bloomberg TV chart pic.twitter.com/aAf8aMnvOU

— Christophe Barraud (@C_Barraud) July 27, 2020

Not only is gold at record highs, but it's also entering what has been a strong time of year for the metal. pic.twitter.com/3GPGr6oFtq

— Bespoke (@bespokeinvest) July 27, 2020

A Mighty Short Squeeze May Be Building in #Gold – Bloomberg (by @johnauthers)
*Interesting chart from @Lvieweconomics
*Link: https://t.co/gLil3wDJsU pic.twitter.com/sYt171Timr

— Christophe Barraud (@C_Barraud) July 27, 2020

Rates Volatility (MOVE Index) hit a new all-time record low.

History shows periods of low Vol preceded some BIG moves in Rates. Either way, the calm didn't last.

Also important: spikes in Rates Vol impacted all assets – Stocks a prime example, especially in recent years. pic.twitter.com/s3DSULPKc4

— Macro Charts (@MacroCharts) July 27, 2020