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Results: 221 to 230 of 1,000
Results: 221 to 230 of 1,000
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Intraday Market Thought: Bouncing Appetite after Gilead Flub
by Adam Button | Apr 24, 2020 16:07
Risk risk appetite re-emerges on a combination of US Covid-19 infections....The news helped offset a selloff late Thursday following an FT report....Our Dow30 trade was stopped out, leaving 5 trades open...Weak UK retail sales (-5%) and poor US durable goods figures (-14) earlier were....A series of soft Eurozone PMIs were capped by an indecisive European summit....The eurozone services PMI was just 11...7 compared to 22...8 expected and you would hope that would send a strong message to European....If ever there was time for fast action, it's now...The eurozone structure is so slow-moving that another summit ended with....There's talk it could take until 2021 until there's a broad eurozone....EURUSD remains somewhat buffered by broad US dollar weakness, attempting to....Also not a potential double top on the daily USDX.
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Intraday Market Thought: A Change in the Game but Not a Game-Changer
by Adam Button | Aug 28, 2020 15:00
The choppy, indecisive move in most markets Thursday after the Fed shift to....The Australian dollar and the Japanese yen are the strongest, with the latter....nbsp;....It's likely that the simple explanation of the FOMC paradigm shift....Yields rose, equities where higher and AUD/JPY was the best performer in a....Yen turned later on Abe's resignation...nbsp;That points to a return of the pre-pandemic risk trade and additional news....In the longer-term, it raises a series of risks and more questions about the....That could spark a negative feedback loop but it's too early to declare....It's a spot to watch in September...In FX, the series of doji stars in EUR/USD, GBP/USD and other crosses speak to....Ultimately, economic strength will matter and with that we will continue to....On Thursday, US initial jobless claims were once again above 1m...On Friday, the US July PCE report is expected to show a 1...5% rise in personal consumption...Watch inflationary numbers too for a sign of surprise...Anything on the upside could spark a bigger move in yields and USD/JPY...nbsp;..
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Intraday Market Thought: FX Shrugs, Indices Shaken
by Adam Button | Sep 18, 2020 18:53
Risk aversion syrokes again...Whether it's the surge in Covid19 cases in the US, France, or lockdowns in....Premium members who are part of the WhatsApp Broadcast group had a series of....وتفضلوا ببعض مستدجدت نصائح...اشرف العايدي لاعضاء مجموعة الواتساب في الصورة ادانه بالعربي تحت الصورة....The strikes against the US dollar are adding up...Thursday's risk aversion produced a dollar bid for a time but it faded in....It begs the question: If the dollar can't rally on a day like that, when....The economic data was mixed once again...Initial jobless claims were a touch higher than estimates while continuing....Housing starts fell 5...1% in a rare miss on the red hot real estate market while the Philly Fed was....0...Data has been more up-and-down in the past few weeks after months of....That run of data sent the Citi economic surprise index to the highest ever but....We may now be seeing what happens when economists (and markets) finally get a....nbsp;..
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Intraday Market Thought: VVIX & VIX for Indices إستعمال مؤشر الفيكس للتداول
by Ashraf Laidi | Feb 3, 2021 21:04
In answering last week's Mystery Chart, we explain how to use VVIX/VIX....nbsp; Full video إستعمال مؤشر الفيكس ومشتقاته للتداول..
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Intraday Market Thought: USD Pause, Ethereum non-Stop, Cutting Cycle in Doubt
by Adam Button | Feb 5, 2021 17:57
USD take a breather after weaker than expected US non-farm payrolls, dropping....Ethereum, however, continues to rally, hitting new highs at $1764...GBP is the weakest of the day, after rallying across the board on Thursday as....Below is the chart showing USDX moving in tandem with real US yields against....nbsp;....Remember Jobs Data?....Once again, US NFP diverged with largely positive survey jobs data as payrolls....The unemployment rate fell to 6...3%....BoE off the Table...again....With upbeat forecasts and a unanimous vote, the Bank of England signaled that....Instead, the focus will now be on how quickly Bailey begins the taper and how....The QE program was kept at 895B pounds with the current 4...4B/week pace maintained until St Patrick's Day...It's likely to be trimmed by around 1b/week from there, baring any kind of....The market was caught off-guard by the level of confidence in the central bank....Sterling jumped and as the only currency to hold off the ongoing rally in the US....The BOE is another example of central banks signaling (though not explicitly)....The pandemic has been highly uncertain but after the first wave, consumers,....Though some places may see negative GDP in Q1, optimism about the post-vaccine....As is tradition, the end of the easing cycle means a quick pivot in markets to....Despite the Fed's insistence that it will let inflation run hot, the market....Rates are ticking higher and the US dollar gained for seven straight days..
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Intraday Market Thought: Euphoria with Questions
by Adam Button | Mar 12, 2021 16:07
The divergence between rallying DOW and falling NASDAQ returned on Friday amid a....The upcoming months are likely to offer the greatest convergence in positive....Economies are reopening, vaccines are rolling out and pent-up demand is insane...It's a perfect storm...right? Ashraf sent out yesterday the Premium video (below), stating NASDAQ....Indeed, the index topped at 131120 overnight before tumbling 300 pts...nbsp;....We called this piece Euphoria with questions, because of the point tweeted....nbsp;....Normally, it's the job of central bankers to end this kind of party by....So we're about to have a great moment in the economy at the same time....It's no wonder US stocks closed at record highs on Thursday and quickly....Last week, Ashraf gave a list of his favourite 15 stocks to members of the....nbsp; ....On the fixed income front, a 30-year sale went off without a problem Thursday...The ECB's bond buys will also help to keep global rates depressed for the....Europe is behind in the vaccine race but they will catch up...In the bigger picture, euphoria will continue to build until fiscal or....The further it goes, the less it will take to deflate the bubble.
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Intraday Market Thought: Oil Dictates FX & the Rest
by Adam Button | Mar 23, 2021 18:37
We were going to cover the tailwinds to housing but the deepening selloff in oil....Oil is down 6% after Thursday's 7% plunge, which is triggering broad gains....3770s in cable...DOW30 currently breaking the all important 32600, calling 32330 and SPX....Ashraf informed members of the Whatsapp Broadcast Group about the broken....The snapshots below are from Monday's NASDAQ-DOW-Yields calls to the Group....nbsp;....It's spring in the northern hemisphere and that's the busiest....This year is a particular test because the market has been deeply inventory....One side of the argument is that low rates and social shifts due to the....The other is that high house prices have been brought on by a lack of inventory....If you dont own some cryptos, then we dont know what youve been waiting for...Below are what happened to STORJ and ADA weeks after Ashraf mentioned them to....Look it up for yourselves guys...nbsp;....With restrictions relaxed – particularly in the US – a moment....If a flood of homes undermines recent price rises then it could undermine the....If prices continue to run, then it could supercharge the economy...Similar dynamics are playing out in a number of countries...In February, existing home sales slowed to a pace of 6...22m from 6...66m and that was shy of the 6...50m consensus...Under the surface, prices were up 15...8% y/y and inventories shrank by a record 29...5% y/y...Reports about bidding wars are rampant, particularly in the suburbs and....nbsp;..
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Intraday Market Thought: Quarterly Closes Point to More Ahead
by Adam Button | Apr 1, 2021 19:05
As risk on is empowerd ahead on the 1st day of Q2, let's assess a few items...The euro closed Q1 at its lowest since November among those crucial charts....OPEC+agreed on gradual hikes...more below)....On the day and on the quarter, CAD was the best performer and the yen lagged...Below is the latest Bitcoin/Ethereum ratio chart...nbsp;....Quarter-end was a typically messy affair that saw some back and forth....What stands out is how many charts finished at the extremes –....Given that we're right in the middle of the recover/reopening trade that'....CAD/JPY was the best trade in the quarter and it touched a fresh extreme....A number of currencies also hit new highs against the yen and Swiss franc...Both of these lagged badly in the quarter in a reminder that yield....EUR/USD also closed on the lows as Macron announced a one-month lockdown....Thursday's rally is interesting because non-farm payrolls will be....One would expect some risk being pulled off the table in stocks and bonds...Yet we saw little in the way of portfolio rebalancing flows...OPEC+ Reaches Gradual Agreement...OPEC+ reached a deal to lift production gradually into Q2...This may help prices on the premise that Saudi sees robust demand ahead and has....The question then remains that of compliance...Will all members join in these gradual production hikes? Who and how much will....55/60, followed by the right shoulder near 62...50/70...nbsp; ..
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Intraday Market Thought: A Glimmer for Gold: Double Top or Bottom?
by Adam Button | Apr 9, 2021 15:33Thursday's gold rally to $1758 triggered cheers of a doube-bottom rally,....US persisted on the upside after a brief interruption from a jump in yields when....Canada jobs reports surprised on the upside (as did all other major G7....CAD is the strongest of the day, while USD broadly lower on the week...We look further at the yellow metal ahead of next week's high profile....nbsp;....Gold went from a post-pandemic darling to a hated asset in a hurry...The long-term implications of ultra-low rates and massive fiscal spending are....At the same time, crypto is sapping would-be gold buyers as prices of alt-....Technically through, the chart is compelling at the moment...Gold put in a double bottom in March at $1676 but it won't be confirmed until a....It closed just below on Thursday after an $18 gain...If it breaks, the measured target is $1864/65 but if it fails, expect a return....Interestingly, the jump in PPI inflation triggered a knee-jerk drop in gold as....This highlights the potential for further yields gains weighing on gold....nbsp; ....Canada unemployment rate plunged to 7...5% from 8...2%, while employment added 303K new jobs in March...CAD is in an interesting spot though...It's largely shrugged off the latest lockdowns, which are growing....That's because the government now estimates that 75% of adults will have....The loonie is also piggybacking of strong US growth...We also keep an eye on chatter of a BoC taper...The driver for the next leg is likely to be commodities...Oil has been narrowing since March 18 and is coiling up for a breakout...There are few obvious catalysts aside from Iran negotiations but watch WTI..
