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Results: 441 to 450 of 1,000
Results: 441 to 450 of 1,000
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Intraday Market Thought: Markets Hit by 10% Lira Plunge
by Adam Button | Aug 10, 2018 12:20
In the first sign of the Turkish Lira downfall is entering crisis territory,....a various European banks' exposure to Turkey (BBVA, UniCredit and BNP....The lira lost as much as 10% earlier in the day to break the 6...00 territory vs USD...The yen is gaining all currencies, followed by USD, while gold struggles to....Markets await US CPI and Canada jobs at 13:30 London...The short DAX trade was closed for 230-pt gain, while the EURUSD was stopped....Yesterday's index short is in the green, and a new trade will be issued....Cable is falling for the 7th consecutive day amid escalating fears (and....00...The euro is now threatening a breakdown towards 1...1360 after damaging a crucial symmetrical triangle...The Fed's Evans helped confirm the central bank's intention to hike....He said the debate about continuing gradual hikes will intensify next year...Between the lines: the debate won't take place this year with hikes....USD re-emerged yesterday despite flat PPI compared to a 0...2% rise expected...That sets up today's CPI release, which is forecast to rise 2...9% y/y...The one-off items that Yellen lamented last year are beginning to roll off now..
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Intraday Market Thought: Ashraf on BNN
by Ashraf Laidi | Aug 14, 2018 21:14
Ashraf discusses the 4 factors behind Gold's eroding safe haven status on....Full interview.
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Intraday Market Thought: Don't Forget CAD & NAFTA
by Adam Button | Aug 17, 2018 12:27Let's take a short break from the lira and the yuan for a moment and....The best performing major currency since the start of July is the Canadian....Their common denominator is NAFTA risk...Despote improved tone of negotiations, major uncertainty remains...What's the potential upside for the Canadian dollar if a deal is done? A 3rd....The implied odds of a BOC rate hike September have been steadily climbing....With a NAFTA deal a hike by then is a certainty and the likelihood of two....The kind of shift into a Fed-like pace of hikes would imply a broad tightening....25 from 1...31 currently...There are upside risks as well...We assume the US would continue with protectionistic measures against Europe....That would leave Canada and Mexico in the envious position of being able to....A downside CAD risk that the US-China battle escalates to where it generates.. -
Intraday Market Thought: GBP Liquidity from Paliament
by Ashraf Laidi | Nov 14, 2018 13:14
One thing is certain is that PM Theresa May and the House of Commons will....At 14:00 London time, Theresa May's proposal for Brexit will be decided upon....Volatility will continue, especially if resignations are threatened by members....Other sources of GBP swings include US CPI coming up shortly and more....The speech will be especially important as crude oil falls to 12 mth lows...Half way through the month & oil is already seeing its worst monthly decline....Will Powell's speech at the Dallas Fed show any reflection to the oil....فيديو للمشتركين يغطي خطة إقتراب الأربعة اسواق بالإظافة الى صفقة اليوم..
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Intraday Market Thought: Is All Back to Normal ?
by Ashraf Laidi | Jan 9, 2019 11:44
So is everything back to normal after Friday's Powell speech? Stocks are....So where to from here? Full analysis.
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Intraday Market Thought: Brexit Ticks Away
by Adam Button | Mar 26, 2019 13:44
GBP is the strongest performing currency of the day due to 2 developments (Rees-....More on this below...The DAX short has been closed with a 220-pt gain...There are 7 remaining Premium trades currenty in progress, all of which are....Last night, Parliament voted to take control of the Brexit process from PM....This morning, Brexiteer and ERG chief Jacob Rees-Mogg said expressed his....If this deal is dead, as it appears, then it's tough to envision a way....It will also leave her party deeply divided in advance of a leadership....At best, a compromise candidate could emerge that somehow would be able to....More likely is a prolonging of uncertainty, another referendum or a....Cable's fluctuations remain part of traders' daily order, but the....At this point, the market could cheer any semblance of a plan or a way forward....Looking ahead, the main data point to watch in North American trade on Tuesday....All signs point to a better tone and the consensus is for a rise to 132...1 from 131...4 but it will take an especially strong report to reverse the cynicism borne of..
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Intraday Market Thought: April Seasonal Notes
by Adam Button | Apr 2, 2019 10:36The US dollar leads against all currencies, while the pound shifted from....We note some of the historically strong seasonal trends in April...Thursday's Premium Long in DAX30 was closed yesterday for 250-pt gain, while....The Premium video below details our existing and future trades...All four indicative votes late on Monday as a Labour whip on Customs 2...0 failed...It had been a good start to the week for the pound after the Markit PMI beat....Conservative whip Boles raised the stakes afterwards as he quit the party...Earlier in the day, a Conservative lawmaker also reversed course and said....Aside from the mess in the UK, global markets started the month in an upbeat....The S&P 500 gained 1...2% as a sea of green swept across international markets and 10-year....50%....The strong start to April for global equity markets shouldn't be a great....April is one of the top months of the year...Other particularly strong trends (historically speaking)....It's the strongest month for oil, natural gas and (not surprisingly) the....It's the best month for the euro over the past decade...It's by far the best month for the pound...The US dollar tends to be weak, which may relate to a multi-year struggle for.. -
Intraday Market Thought: USD Strength ‘Transitory’ on FOMC, BoE Next
by Adam Button | May 2, 2019 11:14
The Fed statement and press conference sent markets in different directions on....NZD and Aussie are at the top of the day's FX perfomers, JPY and CHF are the....The Bank of England decision is up next...A new Premium trade has been issued to subscribers...The Fed decision Wednesday unfolded just as we anticipated in yesterday's....The cut to IOER and statement was interpreted as mildly dovish by the....However, as we warned, Powell used the statement to lean against the idea of....Powell twice repeated that the FOMC doesn't see a strong case for moving....Importantly, he dismissed low inflation as 'transitory' and forecast a....On the whole, market pricing of a 68% chance of a Fed cut by year end remains....For that to unfold it would take a deterioration in economic data...Indeed, that's partly what unfolded earlier Wednesday as the ISM....Construction spending also fell 0...9% compared to a flat reading anticipated...The Bank of England decision could unfold similarly to the Fed...The statement may contain a growth bump from 1...4% and Saunders could also dissent in favor of a hike...Both would lead to some immediate sterling gains...Nonetheless, those may unwind in Carney's press conference if he stresses..
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Intraday Market Thought: Johnson Wins, GBP Stabilizes
by Ashraf Laidi | Jul 23, 2019 19:13
Members of Britain's Conservatives Party have named Boris Johnson as the....Sterling resumed its pre-announcement gains following remarks from EU Brexit....Cable pushed up half a pence off its session lows to 1...2480 before dropping back near 1...2440s amid broadening USD strength...The GBP implied volatility chart may indicate a receding fear factor in....In other news, the IMF downgraded its forecast for 2019 and 2020 global growth....1% to 3...2% and 3...5% respectively...Q1 global trade volumes were revised down to their lowest in 7 years...Since Johnson is widely expected to reiterate his vow for Brexit by end of....The more cracks with the coaltion, the more we're likely to hear about the....nbsp;....On the EU side, Barnier's willingness to consider amending the....The cohesiveness of the Conservatives will also be a key factor for the....nbsp;....Staunch anti-no deal exit such as Cabinet members such as Chancellor....Hammond will lead a group of about 30 Tory MPs aimed at blocking a no-deal....How deep will the fissures in the party be will be the question for the rest of....Meanwhile, we have 9 days until the Bank of England releases its quarterly....BoE governor Carney has already signalled that growth will be revised....FX traders cannot avoid the strengthening US dollar, but they also..
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Intraday Market Thought: A Franc Discussion
by Adam Button | Aug 29, 2019 12:42
The Swiss franc has quietly climbed for four consecutive months but it's....The US dollar led the way Wednesday while the pound lagged...The second look at Q2 US GDP is due up next...The Mystery Chart below is the basis of Tuesday's Premium Insights trade,....Care to guess what it is?....The Swiss National Bank once again finds itself in the unenviable position of....After hitting 1...20 last year the pair has slipped to 1...0875 with relatively little fanfare...It's been consolidating around that level for the past two weeks...One interesting aspect of the franc strength is that it has not been driven....As we noted at the start of the week, CFTC positioning still shows a net short....That may be a result of the long memories of FX traders but it also....EUR/CHF has fallen below 1...10 in the past month and is at the lowest since June 2017...Levels to watch include the 2017 low of 1...0637 and mid-2015 low of 1...0230...It was a quick spike down close to parity in 2011 that prompted the SNB to....Note that both the dawn of the floor and the break of it were in response to....With Draghi preparing for his final act of 'whatever it takes' on Sept....The SNB has no doubt noticed and has lightly been active in the FX market....On Wednesday, the SNB's Maechler highlighted that there is still plenty....Looking ahead, US revised Q2 GDP is due at 12:30 GMT/13:30 London, expected to....0% from 2...1%, annualized...Personal consumption continues to be the main driver of growth with that....3% in the preliminary report...Market risks around the report are minimal...We know that consumers were strong and the economy was solid in the quarter;..
