Softbank Soars On AGI Dreams But Yen's Surge Sparks Carry Concerns; Goldman Delta-One Desk Warns Energy Is Still What Breaks The Market

"Back to school, but hardly a quiet start," is how Goldman Sachs Delta-One desk-head, Rich Privorotsky begins this morning's note (available here in full for pro subs) into a holiday-shortened week in the US.

He's watching the Yen, the Strait, and a Copper tape that will not die.