أشرف ألعايدي على قناة سي إن بي سي العربية -- 06 يونيو 2012
Jun 6, 2012 19:36
Ashraf tells CNBC Arabia that the latest downgrades of 7 German and Austrian banks may be merely a sign of partial exposure to faulty loans in Central and Eastern Europe, but the drag from Southern Europe on Germany remains a matter of concern. This is seen in all of Germany's surveys (investor, economic, consumer and industrial), all of which are at or nearing contraction territory. Much of these macro charts are looking increasingly similar to late 2007, early 2008.
The current bounce in risk appetite at the expense of USD is here to stay, but for how long? And will it be followed by a 100-pt consolidation until the next barrage of policy solutions? Click here for direct access to today's edition:http://ashraflaidi.com/products/sub01/access/?a=644 Click here to subscribe: http://ashraflaidi.com/products/sub01/
Now that both gold and silver broke well below key fibonacci levels following the jump in global bond yields, the selloff could accelerate depending on the extent, which stocks correct. We have learned this year, each time indices fall by more than 1%, metals move lower as asset managers liquidate long metals positions to stabilize their portfolios. We know the #1 economic priority (not an exageration) of the US administration is to stabilise bond yields in order to cap the interest rate on servicing the ballooning US debt. Gold and silver need to save the immediate support of 4500/oz and 75.40s/oz . The 23.6% retracement follow at $4450/oz and $73/oz respectively. Keep an eye on 10 year US bond yields, especially the possibility of a breakout of the wedge, which could trigger 5.0% in a swift manner. The market consequences of such an event would be cataclysmic.
Click To Enlarge
Latest Hot-Chart - Apr 22
USDJPY and EURUSD
سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
View Hot-Chart..
Understanding US Dollar 2018 2019
I created this chart in December 2024, pointing to the importance of understanding some of the fundamental events shaping USD Index between 2018 and 2019. Why 2018 and 2019.
Read Article..