Oil prices surged above $75 for the first time since October based on strong supply and demand fundamentals.

The UK's 30Y gilt yield has hit its highest level since 1998, and although we think structurally the rate should be lower, changing direction may need time.

The Dollar dominance continues as we head into the North American open.

The US dollar is the clear winner in the FX market, not only against the Swiss franc, but against a ton of other currencies, which of course makes quite a bit of sense.