Chloe, how about assuming that this time we will have an inventory cut, or slower build. No use of predicting oil data (even the oil pros cannot do it). focus on the price and the ADP data released earlier. oil still looks bearish but dont dare taking a position before these prices unless you have a ample margin.
HEY ASHRAF IS THERE ANY CHATTER YOUR HEARING ABOUT IRAN?ALLSO ANY CHATTER ON INVENTORY # FOR TOMOR...BIG BUILD LAST WEEK MAYB ANOTHER BUILD TOMOR?THANKS
bojan, tough one. Oil could snap higher on any iran surprises and talk of a possible NFP surprise coudl also fuel eqties. Daily channel shows we could go towards 84.50 befor eheading lower. so be careful.
Pollux, did you get my book? chapter 7 of my book explains why the world's biggest provider of capital leads to lower interest rates and stronger currency. Japan also has plenty of offshore manufacturing allowing it to contain cost of rising yen.
Ashraf, I think the situation is changing. Japan the largest exporter in the world has no interest in this strong yen, deflation, fiscal problems qe for 20 years and no result, world demand so so.... an old population, so little internal demand..... and still the strongest currency ... it escapes me!!!
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
Latest Article - Jan 29
Twenty Seven
سأرسل مذكرة توضيحية للمجموعة حول المخطط - Will discuss the latest technical parameters on the WhatsApp Bdcst...
Read Article..
S&P 55 WMA بعد كسر
سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst Group - -...
View Hot-Chart..
Ashraf
thanks for the info....really rare one...
Rajib.
Pollux, did you get my book? chapter 7 of my book explains why the world's biggest provider of capital leads to lower interest rates and stronger currency. Japan also has plenty of offshore manufacturing allowing it to contain cost of rising yen.
Ashraf
with equities going lower, and oil moving higher, how would that reflect on CAD/JPY ? since both currencies are affected by dynamics of the two.
Thanks
Ashraf
jack, i first saw that in university. priceless for that time.
Ashraf