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Results: 901 to 910 of 1,000
Results: 901 to 910 of 1,000
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Intraday Market Thought: GBP Rides on Uncertain Polls
by Adam Button | Nov 25, 2019 15:00
China appears to be making an earnest effort to bridge trade deal gaps as....GBP is the only gainer vs USD since Asia's Monday open as opinion polls....JPY and gold are the weakest over the last 17 hours of trading...CFTC positioning data showed a CAD-longs covering on murky messages from the....The chart below shows the weekly performance of Invesco's high beta....The recent rotation towards industrials and cyclical sectors was largely behind....nbsp;....While most GBP bulls appear to be anticipating a Tories majority victory,....An unlikely Labour-Conservatives coalition would be GBP-negative, while a....A Labour-LibDem outcome would be the worst of these ouctomes...nbsp;....Risk trades are higher early in the week after China published guidelines for....The announcement was vague but points to genuine action from China, likely in....On Friday, there was more evidence that the US economy is stabilizing...The Markit PMIs and the final U Mich consumer sentiment survey were all....In Canada, retail sales also beat the consensus...The market has clearly voted that lower interest rates outweigh any trade....The week ahead will feature the same hot-and-cold game on trade and tariffs...We hope for some kind of definitive news but with the US week effectively....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -63K vs -58K prior...GBP -32K vs -28K prior...JPY -35K vs -35K prior...CHF -16K vs -15K prior...CAD +29K vs +42K prior...AUD -47K vs -41K prior...NZD -35K vs -36K prior....The speculative market was whipsawed by the Bank of Canada in the past week...The market mis-read comments from Poloz and Wilkins who intended to convey that....On Thursday, the loonie rebounded when Poloz said he was comfortable with rates..
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Intraday Market Thought: EoY Competition مسابقة نهاية السنة
by Ashraf Laidi | Dec 10, 2019 14:05What's happening in currency markets that we have not seen since 1996...Pls read the box below carefully...A big hint is found here...يمكن إستعمال الرابط للوصول على الإجابة الصحيحة.. -
Intraday Market Thought: Bazooka or Nuclear Stimulus
by Adam Button | Feb 14, 2020 10:35It's far too early to declare anything about the coronavirus epidemic but the....The pound was the top performer Thursday while the kiwi lagged...Stocks retreated slightly lower after the Fed announcd it was reducing the....Silver and CAD are at the top of the day's performers...US retail sales are due up next...4,823 additional coronavirus cases were reported in Hubei, suggesting that the....nbsp; Will be crucial to see if markets pullback late on Friday and Sunday ....Risk trades dipped again Thursday and once again the dip was bought...Looking back at the past month, not once did US stocks finish a day on the lows....It's remarkable how well equity markets have held up facing a near-complete....With another 5000 cases reported on Friday, perhaps that's the wrong....The trio of central banks promising to keep rates low indefinitely,....Greek bonds are now trading under 1%, need we say anymore?....Having said, take a look at what's going on market internals in Ashraf'....Ultimately, inflation or currency debasement will spark a re-think but the....On Thursday, US CPI rose 2...5% y/y, up from 2...3% a month earlier but that will surely unwind in February with the cratering of....In the short-term, we warn (as we did last week) that Fridays are a tough day....AUD/USD has fallen an average of 0...53% in the past three Fridays...Also watch out for the January retail sales report at 1330 GMT...The consensus is for a 0...3% rise, matching the December number, which could also be revised. -
Hot-Chart: Forex Brokers' Share Price YTD & Since 2019
by Ashraf Laidi | Feb 19, 2020 11:43
CMC Markets' share price performance maintains the lead among major forex....CMC Markets' share price is +48% since Jan 2019, followed by Swiss Quote&....Year-to-date 2020 presents a different picture as Swiss Quote leads with 29%....XTB, IG Markets, GainCapital and Plus500 are all in the red so far this year...Year-to-date: XTB (-1%), IG (-2%), Plus500 (-5%), Gain Capital (-12%..
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Intraday Market Thought: Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17
Since our last update 6 weeks ago on Forex brokers' share price....What about this year? Who is up 29% over the last 49 days? And who's down 12%....Full analysis here...nbsp;....nbsp;..
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Intraday Market Thought: Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
As the excesses of USD-bound safe haven flows hit a wall of data disappointments....Now that Fed rate cuts are back on the table (they never left) as the US yield....Add to it the inevitable statements/misinterpretations/clarifications about..
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Intraday Market Thought: See you at NY Traders' Expo
by Ashraf Laidi | Feb 27, 2020 11:38I'm delighted to inform you that I'll be a featured speaker at this year&....This is one of the longest running trading expos around, in which I had the....I encourage you to reserve a free seat, and join me at the ultimate educational....Full Program. -
Intraday Market Thought: Central Bank Rescue?
by Adam Button | Mar 2, 2020 14:31The 1000-pt rally in Dow30 futures earlier in Asia was cut in half as....Fed Chair Powell's stmt on Friday was followed by similar remarks....CFTC positioning data showed just how vulnerable euro positioning is to an....Surprised by Goldman's Fed call below? Friday's Premium trade....A death and evident outbreak in the US pushed coronavirus onto front pages in....The west coast of the US appears to be dealing with several outbreaks but it's....Goldman Sachs now expects the Fed to cut rates by a total of 100 bps by end of....nbsp;....The dramatic measures taken by Chinese authorities appear to have some positive....The types of mass, mandatory quarantines they have put in place will be tough to....7 from 50...0...That's an all time low that's far below the financial crisis bottom and much....0 expected...The non-manufacturing survey was even worse at 29...6 compared to 51...0 expected and 54...1 previously...The question is no longer whether Q1 GDP in China will be positive or negative,....That first piece of soft economic data may be enough to give cover to central....The BOC is scheduled for Wednesday and there is chatter of a global coordinated....The market is already pricing in a March 18 Fed cut as a sure thing with a 70%....Expect some kind of relief rally on central bank expectations or moves but....The central bank toolkit is much more powerful in a financial crisis than a....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -114K vs -92K prior...GBP +30K vs +29K prior...JPY -56K vs -27K prior...CHF +1K vs +2 prior...CAD +15K vs +8K prior...AUD -44K vs -38K prior...NZD -15K vs -12K prior....The theme in markets late last week was to head to the sidelines and that is....That helps to explain the strength in the euro and yen. -
Intraday Market Thought: Dollar Yield Differential Crumbles
by Adam Button | Mar 5, 2020 22:38
Equity indices fell by more than 3%, but it was the damage to the US dollar that....The yen was the top performer while AUD and CAD narrowly underperformed USD...US non-farm payrolls is due up on Friday, but it will have little relevance as....Meanwhile, the jump in the 10-2 spread is a typical occurence of an economy....As the USD yield differential becomes fashionable, Premium members got....اليورو و الداو: الركوب او الانتظار؟ (فيديو المشتركين)....The virus reasserted itself as a dominant headwind for risk assets on....US 10-year yields fell 13 basis points to 0...92%, just shy of the weekly low...nbsp; The front end hit a new low with 2s touching 0...55% in the continued remarkable fall from 1...4% just two weeks ago...That huge drop has deeply eroded the US dollar's yield advantage even as....Given the high volatility in markets, carry trades are also more risk than....Those factors underpinned the continued rebound in EUR/USD and a fresh fall in....00...With safe-haven yield now essentially extinct, gold is shining more brightly....Last week's drop has been erased and the close on Thursday was a cycle high...There remains the risk of isolated liquidation as risk assets crumble but....Everyone is focus on the virus itself but the lasting impact is more likely to....India's central bank took over its fourth-largest private bank on Thursday....The mix of political instability, extreme population density and a....Whether it's there or somewhere else, a global pandemic is sure to topple....Looking ahead, the non-farm payrolls report along with Canadian jobs are due...All economic data does at the moment is set a baseline to measure how hard....Interestingly, BoC president Poloz hinted Thursday that they may have cut..
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Intraday Market Thought: Fed Plunges Back to Zero
by Adam Button | Mar 16, 2020 1:23
Even as the Fed plunges back to zero interest rates, stocks fall by another....This is officially not only a recession, but potentially depression...The Federal Reserve fired its policy bazooka on a Sunday night in an....The US dollar initially sank on the headlines, but the initial bounce in....The Fed cut rates to a range of 0%-0...25% in the second emergency move this month, while pledging $700B in QE...They promised to keep rates at this level until the economy has "....CFTC positioning data confirmed a huge euro-short covering rally...A new Premium trade was issued, backed by 3 charts...2 trades are currently open...In truly what was a 'kitchen sink' move, Powell ruled out negative....They also unveiled swap lines on signs of dollar-funding strain that....Other moves included opening the discount window for 90 days and cut....Separately, the RBNZ lowered rates by 75 bps to 0...25% and pledged to leave it there for at least 12 months...The bank also said QE is on the table if needed...Let's not forget that the Bank of Canada cut rates again by 50 bps on....The early returns on the central bank action weren't positive...WTI crude fell below $30 in a 5% decline and yen crosses sank, led by a 3% drop....The economic shock that's unfolding is cataclysmic...France, Spain, Austria, South Africa, Dubai are among the new countries that....We're at the point of pricing in similar actions virtually everywhere...The UK has so far resisted and the FX market is punishing the pound in part....The leverage of the economy to the service sector, tourism and banking....The next question is how long the activity halts last...We note that even with China's ultra-tight quarantines, activity is still at....The wave of unemployment claims is going to be staggering and the cost of....As for strategy, anything leveraged towards global growth remains extremely....The loonie was the second-best G10 performer last week and that's....Market participants are liquidating risk and carry trades at the moment...Retail equity holders have had no chance to hedge and will soon panic...The CFTC positioning data underscores a theme we've highlighted for the past....Once positioning is flat (and that may be now) a decline could resume, but....Above all, manage risk...CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -13K vs -87K prior...GBP +26K vs +35K prior...JPY +8K vs -42K prior...CHF flat vs -3K prior...CAD -2K vs +11K prior...AUD -54K vs -52K prior...NZD -15K vs -17K..
