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Results: 151 to 160 of 1,000
Results: 151 to 160 of 1,000
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Intraday Market Thought: GBPJPY, Carney & Abe’s Upper House
by Ashraf Laidi | Jul 18, 2013 11:31Favouring EURJPY and GBPJPY ahead of Japan's Sunday Upper House elections....GBPJPY chart & analysis.. -
Intraday Market Thought: Bernanke’s USD Bounce & Soaring SHIBOR
by Ashraf Laidi | Jun 21, 2013 11:58
The most important element to determining a Fed taper this year shall....If the projected decline in US unemployment does materialize, and the....0%, then will the Fed truly be able to reduce purchases to say, $70 bn or $65....So what if there is a complete seizing of China's credit markets? Rest of..
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Intraday Market Thought: Aussie’s Brief Reprieve Ahead of RBA
by Ashraf Laidi | Jul 1, 2013 19:04The damaged Aussie attempts some stabilization after a 14% decline over....Last week's IMF's report warning of capital flight out of the Aussie, the....See full article and chart.. -
Intraday Market Thought: Silver’s Downward Spiral vs Gold
by Ashraf Laidi | Jun 24, 2013 21:29Following gold's two failed rallies of 12% and 6% in April and May respectively,....This may intensify silver damage, particularly as the Gold/Silver ratio....More charts & analysis here.. -
Intraday Market Thought: Fed’s Symmetric Rhetoric to Boost USD
by Ashraf Laidi | May 22, 2013 18:58The Fed's repetitive references to tapering asset purchases and increasing....As the economy cools off, the doves at the Fed are on a mission to restore a....Only this time, the yen's occasional gains during rare risk aversion become....continue here. -
Intraday Market Thought: OPEC Nears Deal
by Adam Button | May 22, 2017 23:02
Saudi Arabia's oil minister made a trip to Iraq Monday and shored up....On Monday, the kiwi was the top performer while the pound lagged...A speech from the Fed's Brainard later could be telling...There are 5 Premium trades currently open...Saudi's Al-Falih traveled to Iraq amidst reports that Baghdad, Oman and....His plan worked and late in the day, Iraqi officials said they were on board...nbsp;....What's puzzling is that Iraq has been one of the worst violators of the....Al-Falih was confident a nine-month deal is coming so that could move the....The wildcard remains Iran...Leaders there have been less-enthusiastic about cuts and the....On the topic of oil, the Fed's Kaplan talked about US share on Monday....He also hinted that breakeven points are coming down...A huge risk for 2018 is that US supply continues to climb and it forces OPEC to....On monetary policy, Kaplan's comments where characterized as....Indeed he said he still favors 2 more hikes this year but he repeatedly warned....At the moment, the Fed calendar until the June 3 blackout is quiet in terms of....That's likely to change as talks are added but at the moment, the only Fed....She's a dove but s also one of the first policymakers who tipped the March....If she drops any hawkish hints, it could send the dollar skyward.
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Intraday Market Thought: Saudi-Canada Split Sours
by Adam Button | Aug 9, 2018 10:51
The spat between Saudi Arabia and Canada turned into an economic battle with....The yen was the top performer Wednesday but lost ground in Thursday Asia trade,....A new Premium trade will be posted ahead of the start of the US session...هل فاتك وقت بيع الإسترليني؟....Saudi Arabian officials ordered the divestiture of all Canadian financial....That helps to explain Tuesday's unusual drop in CAD and Canadian markets...The selling continued after the report and USD/CAD rose to 1...3118...It's not entirely clear that everything will be sold and the....Considering Canada's usual weightings, we would expect something in....In terms of CAD, it's the kind of flow that can easily be absorbed at the....Saudi Arabia plans to remove 17,000 students from Canada including hundreds....The nations also have an arms deal worth $15 billion that was the genesis of....It hasn't yet been cancelled but it likely will be...It's grown into an international incident at this point and the US has....There are plenty of reasons for both sides to back down but no sign of any....What's the impact for the Canadian dollar? Ultimately, it's a small....One key is the US unwillingness to come to Canada's side, reflecting the....Don't forget Friday's Canada jobs report, expected to show employment....9% from 6...0%....Friday will also release UK Q2 GDP and US CPI.
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Intraday Market Thought: Careful this week
by Adam Button | Jan 28, 2019 12:31
A busy week lies ahead: Brexit amendment vote on Tuesday, US Q4 revised GDP, Fed....USD/CNY drops to key technical support (see more below)....The pound starts the week on a lacklustre tone but holds to the bulk of....It helps to continue a run that made the pound the top performer last week...Carney and Draghi speak around 14:00-14:30 GMT/London...4 out of our 6 open Premium trades are currently in the green, with the 2....GBP dynamics are all about limiting Theresa May's options...The Brexit amendment vote is due Tuesday, which may limit her ability to leave....That exposes her other frank where many members of her party believe she can'....The 2...5% jump in cable in the past week shows a market less fearful of a no-deal....Any of those would be a near-term tailwind for sterling...One risk is that uncertainty could begin to show up in the data but the risks....Consumers may retrench but businesses may be stockpiling...The Bank of England may have some insights on Monday when Carney,....Carney's latest Brexit-related insights highlighted that the sterling&....Meanwhile the US dollar came under substantial selling pressure on Friday....Even the end to the shutdown brought only minor and temporary relief...A few factors may have weighted...The WSJ reported that the Fed is considering keeping a bigger balance....It's framed as a technical decision but the timing appears dovish...The arrest of Roger Stone was a reminder that Mueller's probe is nearing a....The PBOC tweaked rules to add an extra 250 billion yuan in lending...USD/CNY reaches a 6-month low, touching its 200-DMA as the topic of CNY acquires....Here's what we said on Friday about the CNY and USD...The slump in the dollar led to a one-month high in NZD/USD, an 11-day high in....Gold's best months over the past 15 years have proven to be January and....Goldilocks inflation is especially postv when Fed moves from hawksh to neutral..
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Intraday Market Thought: China Acts, Powell Next
by Adam Button | Aug 23, 2019 14:40
Less than two hours before Powell's speech at Jackson Hole, China....A handful of comments emerged from Mester and Bullard indicating their....The pound was the star mover yesterday after markets misinterpreted Merkel'....2 out of the 3 Premium trades are firmly in the green...Powell up next at the top of the hour...No Q&A after the speech...nbsp;....The market is trying to figure out what the Fed is going to do next...A quarter point cut is fully priced in at the Sept 18 meeting with the odds of....0%....That sense of confidence from markets was not confirmed by Fed talk on....KC Fed President George will again likely dissent against a rate cut to....On the other side was Dallas Fed President Kaplan who said risks were to....At the same time, he said that he doesn't want to cut rates unless they....Finally, Philly Fed President Harker said he doesn't see the case for....Harker and Kaplan are currently non-voters but will vote in 2020...Mester (non-voter) and Bullard (voter) will both speak Friday before Powell'....The comments from the Fed chairman will be critical...The market is expecting a strong signal or at the very least something akin to....If Powell's speech fits more the frame of Harker, expect a dive in risk....It's extremely unlikely that Powell would close the door on a Sept cut but....After Sept, an Oct move is already 63% priced in and yet another move in Dec is....That's aggressive but it may be counting on kicking and screaming in....In other news, cable leaped to the highs of the month after Merkel cracked open....She had sent mixed signals after first talking about a 30 day deadline, then....None of it was game-changing and the price action may have said more about..
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Intraday Market Thought: Clashing Politics with Quarter-End
by Adam Button | Sep 26, 2019 22:18
The overwhelming influence of politics in markets continued Wednesday as the US....Stocks opened higher on a trade deal between US and Japan, but fell anew on....The US dollar was the top performer while the pound lagged...A 4th Premium trade was released ahead of the NY close, supported by 4 charts....The next 2 trading days (Friday and Monday) will prove highly volatile and....The chart below is among the 4 charts of today's Premium trade...A 6% decline in Micron on disappointing earnings could sway the technology....Trump is being investigated on whether he asked Ukraine's President to....With that, the market concluded it wasn't a smoking gun that could force....The whistleblower's account spelled out that Trump attempted to pressure the....But the formal report on whether the Whistleblower account had enough to get....Wednesday's market reaction was to unwind Tuesday's trade: The dollar....On Thursday, stocks ended in the red again, but well off their lows...Watching Huwawei again....Stocks earlier had made a fresh move lower on reports the US is unlikely to....Although USDJPY pushed back up to as high as 107...96, inflection points can emerge anywhere on any new twist in the US-....Wednesday comments from the Fed's Evans were a further – albeit....He indicated reluctance to cut rates further this year unless the outlook....He said was open to the idea but he's a consistent dove and his lack of....Finally, US housing continues to show signs of surprising strength as August....Lower rates are clearly having a simulative effect...In such an uncertain, headline-driven market, technicals become increasingly....EURUSD 1...09 is key...Euro Retests 1...0900....EUR/USD resumes its selloff, one day after notable hawk ECB Executive Board....She was an ardent opponent against further ECB easing...Her departure is the strongest message yet that caution has been thrown to the....The euro is in a well-defined downtrend, feel below 1...0920, threatening the double bottom into the end of the week/month...Next key level stands at 1...0770.
