Greece is stragically less important to the West and the East than it has been in the past. Hence, no major powers are incented from a geopolitical point of view to finance and backstop Greece.
Greece does not have a diversified enough economy to grow itself out of its debt burden.
Germany is losing the political will to support Greece. Credible estimates put the amount needed to end Europes debt crisis at 2 trillion Euro. It's only a matter of time before Germany and France expel Greece from the Eurozone to preserve it.
I believe the odds favor an increase in economic activity in Q3 and Q4 which will put upward pressure on commodities. Rising interest rates and a falling dollar will also stoke inflation fears and as well as the "safe haven" trade in Gold.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
Greece is stragically less important to the West and the East than it has been in the past. Hence, no major powers are incented from a geopolitical point of view to finance and backstop Greece.
Greece does not have a diversified enough economy to grow itself out of its debt burden.
Germany is losing the political will to support Greece. Credible estimates put the amount needed to end Europes debt crisis at 2 trillion Euro. It's only a matter of time before Germany and France expel Greece from the Eurozone to preserve it.
Thanks Rob.
I believe the odds favor an increase in economic activity in Q3 and Q4 which will put upward pressure on commodities. Rising interest rates and a falling dollar will also stoke inflation fears and as well as the "safe haven" trade in Gold.