What were they thinking, other than to rattle the market's chains, show that there was a noisy buyer, and hope to squeeze the futures up during illiquid conditions?
Where might they stop out, given that the market has, at the time of writing, printed a number of contracts in the mystery buyer's face?
Why did Mark Carney decide, nearly a year after he took office, to suddenly utter something decidedly hawkish, that rate hikes could come "sooner than markets expect"? Moreover, why has he spent most of this year pushing back on those very expectations?
When might the first hike come? Markets are pricing a LIBOR at 0.75% by December, though a base rate hike should increase the current paltry basis between bank rate and LIBOR. August seems like it's probably too soon, so November would appear the subject of Carney's hints.
How much of Brazil's budget deficit was spent bribing the referee in last night's match? A diabolical penalty decision gave them the lead, and it looked like he missed a foul when they scored the third on the counter-attack.