Positions Update

Position dashboard (YTD)

Snapshot below covers every trade opened this year; only one remains live.

Detailed P&L by leg is in the attached sheet.

Australia & New Zealand CPI prints hit the tape today, followed by Euro-area CPI this afternoon. I’ll reassess exposures once the inflation run is complete.

Whats next:

Macro tape is balanced: compelling cases on both the bull and bear side.

Staying patient, preserving dry powder, and preparing to add risk when the data tilt the narrative decisively.