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Results: 831 to 840 of 1,000
Results: 831 to 840 of 1,000
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Intraday Market Thought: ECB Preview & Fed Review
by Ashraf Laidi | Dec 14, 2017 13:13
The main reasons to the US dollar's post-Fed decline and a look ahead of the....nbsp; Full article.
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Intraday Market Thought: Draghi & Poloz Spin it again
by Adam Button | Dec 15, 2017 10:50
ECB president Draghi and BoC governor Poloz showdd their usual rhetorcial....Yen pushes higher after the Tankan manufacturing survey hit 11-year high...USD is down cross the board after on fresh roadblocks to US tax reform, this....Up next is US industrial production and further chatter on the tax bills...Draghi left the ECB's forward guidance unchanged along with interest....The staff boosted growth up to 2...3% next year from 1...8% while bumping 2019 to 1...9% from 1...7%....In spite of that, inflation forecasts were only nudged up to 1...4% next year from 1...2% and unchanged at 1...5% in 2019...One of the major risks Draghi cited was the FX rate, keeping a lid on the....In the aftermath of the press conference, EURUSD remarkably slid to 1...1780 from 1...1850 in the face of rising sentiment and improving data...On the flipside is BOC Governor Stephen Poloz continued to confound markets...8 days after the CAD began a sharp descent following the central bank's....He also added that the 50-bp rate hikes of the last 6 months were not expected....USD/CAD fell by 1205 pips to 1...2850 only to rebound to 1...2800 around the US close...It is now trading at 1...2750, sending the USDCAD short of the Premium Insights back into the green...Markets are now pricing a 62% chance of a hike in March but we struggle to see....Also note that Canadian oil is now trading at a $28 discount to WTI in a..
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Intraday Market Thought: Canadian Climb
by Adam Button | Dec 22, 2017 12:17
Aside from the 20-30% decline in the price of cryptocurrencies, which may be....The Canadian dollar was the top performer Thursday while the Swiss franc....In a last minute decision, the Premium Insights issued a short on GBPUSD 15....The pair fell 100 pips as both figures overshot expectations...Recall that CAD (not USD) was the highest performing currency of 2016...Canada GDP and US PCE report are both due at 8:30 EST (13:30 GMT/London)....The CAD gains on Thursday came after a rise in the CPI and a sizzling retail....Prices rose 2...1% y/y compared to 2...0% expected and most core measures climbed...Retail sales rose 1...5% compared to 0...3% expected...Poloz on the weekend said that the note about 'caution' in the BOC....Oil prices are also nearing the best levels of the year...Additionally, China could help lift all commodity prices next year and on Friday....The problems for the Canadian dollar include the huge gap in Canadian oil,....The USD/CAD chart tells the story as the pair ranges between 1...2650 and 1...2915...A break on either side will be increasingly important...The risk is that it comes in low liquidity in the next week or so...In that case, it might be best to wait until the dust settles...It's a similar story in AUD/USD as it rose above the 200-day moving average....That's a greenlight but a whopping $3...5B in expirations at 0...7700 on Friday could pin it down and then it's into the year-end doldrums,....To close out the week, watch for the November US PCE report and Canadian GDP....In the US report, eye the personal spending metrics and for any signs of..
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Intraday Market Thought: Loonie's at it again
by Ashraf Laidi | Jan 8, 2018 14:39
The Canadian dollar (loonie) is on a roll thanks to another stellar jobs....Most of the country has been locked in a brutal cold spell but Friday's....Will 2018 prove another winner for CAD? Full analysis.
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Intraday Market Thought: Doves' Blood in Eurozone Water
by Adam Button | Jan 11, 2018 23:35
When the ECB drops a hint of tightening it's like a drop of blood in a shark....nbsp; NZD and EUR were the top performers while the US dollar lagged...Japanese current account data will close out the week...A 3rd EUR trade has been issued to the Premium Insights...صفقة جديدة أصدرت على اليورو للمشتركين مرفقة بتفسير بالعربي تحت المخطط و الرجاء....The ECB minutes offered a small hint about what's coming next, referring....2050 from 1...1940...In recent press conferences, Draghi has taken pains to keep the currency from....The market is extremely one-sided with net euro longs at the most extreme on....The stability got a hand from the continued struggles of the US dollar...An extremely strong 30-year bond auction Thursday weighed on the dollar along....Friday features the CPI and retail sales reports...Both will be critical for the US dollar and the Fed deciding what to do next...First, Japanese current account numbers will be released at 2305 GMT...Don't expect a significant market reaction...Instead, watch out for continued reports about bond buying, trade and Bitcoin..
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Intraday Market Thought: Hello Trade Tensions
by Ashraf Laidi | Jan 12, 2018 12:21
China dimissed the Bloomberg "Treasuries" story as "fake....But there's no smoke without fire...Full analysis.
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Intraday Market Thought: IMF Joins the Party, BOJ Next
by Adam Button | Jan 22, 2018 22:05
The global growth story got a big supporter Monday as the IMF upgraded its....The pound was the top performer Monday while the yen lagged...The Bank of Japan decision is next...The Premium Insights closed the EURUSD short at a 200-pip gain...4 Premium trades remain in progress...المحافظة على الارباح و الاتجاه (فيديو للمشتركين فقط)....The IMF ratcheted up its growth forecast to 3...9% from 3...7% for this year and next...It was widely anticipated but helps to underscore the upbeat theme that's....Another spot that shows the optimism is the Citi economic surprise index...Every major country and region is positive with the US and Europe well....It's increasingly clear that global markets are entering some kind of....Ashraf wrote last week about how yen-correlations have disconnected and that&....At the moment, virtually all global markets are winners but at some point....One spot bonds are unlikely to crack is Japan as the BOJ attempts to stick to....Kuroda is likely to underscore the status quo in today's policy....Recall, the current objective is to keep the yield of the 10-year bond at....It is now near 0...1%....Watch carefully because even the slightest hint may be enough to send USD/....00 and below...There is no set time but the headlines usually cross shortly after 0230 GMT.
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Premium: Volatility is Back
by Ashraf Laidi | Jan 30, 2018 15:22Update: Jan 31, 2018 19:51 GMT....Long GBPAUD backed by charts and notes as signalled in last night's video...Update: Jan 31, 2018 1:36 GMT....Broadening USD Shorts....Long GBPUSD ahead of Carney's remarks...Chart to follow this evening. -
Intraday Market Thought: Fed Goes ‘Further’
by Adam Button | Jan 31, 2018 23:37
Janet Yellen went out with a whisper in her final FOMC meeting...In January, GBP was the top performer while the US dollar lagged...Australian building approvals are up next...The Premium Video below was recorded ahead of the Fed, highlights the ....6 of the existing 8 trades are currently in profit...Janet Yellen has never craved the spotlight and she chose to make her....The statement didn't offer any strong hints about the path of rates...The main line of guidance called for “further gradual increases”....The addition of the word “further” is a bit puzzling by may have....On inflation, the Fed dropped a reference to below-target inflation in....Expectations for a hike in March were unchanged but beyond that it remains....Presumably, Yellen wanted to leave the next signal to Powell and that's....The US dollar initially strengthened after the announcement but later gave....USD/JPY rose as high as 109...45 but slipped back to 109...18...On the whole, moves in FX on the day were modest but the loonie was an....2251 before rebounding to 1...2312...One reason was a solid +0...4% rise in November GDP...That matched expectations but the climb came on strong manufacturing and that&....Another pair to watch is AUD/USD as it slipped to a six-day low...It's been on a tear for the past six weeks and it will bear worth closely....Yesterday's CPI numbers were soft and today building approvals are out...The consensus is for a 7...6% m/m drop after an 11...7% rise prior.
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Intraday Market Thought: Can Equities do it?
by Adam Button | Feb 12, 2018 14:41
A tentative turn to the upside late on Friday will be tested in the days ahead....Gold, silver and the Aussie are the best performers as yields push higher....Ashraf is watching 2676 on the SPX and 24706 on the Dow for today's close...Tune in for today's webinar on volatility...CFTC positioning was remarkably steady despite the turmoil...And here is a chart below that very few have mentioned...The S&P 500 gained nearly 40 points on Friday and traded 100 points off the....Ultimately, the backdrop hasn't changed and the global economy is in....That was reflected in the general indifference of the FX and bond market...Looking to the week ahead and beyond, it will be bonds that steal the spotlight...The key event is Wednesday's release of US CPI and retail sales...Despite all the turmoil, US 10-year yields finished the week at 2...85% -- the highest since the end of 2013...Aside from risk aversion, the climb took place despite tumbling commodity prices...A rise to 3% is likely and it's sure to create jitters in the junk bond....Is it a threshold for fear? Probably not but 3...5% might be a spot where negative feedback kicks in...CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR +141K vs +149K prior...GBP +28K vs +32K prior...JPY -113K vs -114K prior...CAD +40K vs +33K prior...CHF -20K vs -20K prior...AUD +14K vs +13K prior...NZD +3K vs +3K prior....The above numbers only reflect the close through Tuesday but underscore the lack..
