Just don’t do it 
Sometimes in trading we can be very uncertain regarding a trade. You know the sentiment is just not that clear, so you may start to feel uncomfortable. 

Mortgage Bankers Association for week ending 18 Jun
Mortgage market robust and plenty of growth in the pipeline. Refinancing up shows more applications are in the pipeline.  Purchase index higher too which is used for the sole purpose of buying a private home. 

European Session June 22 
Other markets
– FTSE +0.22%
– Euro Stoxx -0.3%%
– Italian FTSE -0.43%
– Dax +0.05%
– CAC +0.05%
Oil was further supported on demand recovery hopes & OPEC+ is making sure supply is tight. Private inventory data out tonight.  The drag on inventories and the pushing out of  alongside raising bullish forecasts have all supported the crude complex.  The

Via Reuters

Hawkish dot plot shift 
The latest FOMC meeting saw a hawkish tilt that the market had not been expecting. Going into the meeting there was anticipation that a hawkish outcome could involve projections for a 2023 median rate hike. In the end the dot plot saw more members opting for earlier rate hikes in this meeting

UK Health Minister, Matt Hancock 
A return to some foreign travel would be a boost for UK travel firms and a healthy dose of optimism for the UK.  

Via Talk News

BoE to taper
The BoC took a hawkish shift, the Fed has done too, Westpac see reasons for RBA optimism (I do too), and the UK has nearly vaccinated 50% of the population. Taper time?

Holding the trend
That and the general weakening of the early JPY strength alongside US 10 years off lows for the day.  

Justin had the headlines on this on Friday: 
We expect the RBA will begin it’s tightening cycle in Q1 of 2023
You’ll recall that the Reserve Bank of Australia have been repeating (over and over) that they expect the conditions for a first rate hike will not be met until 2024 at the earliest.