Intraday Market Thoughts
Archived IMT (2009.08.14)
by
Aug 14, 2009 14:28
The biggest decline in annual CPI since 1950 is sending 10-year bond yields to 3.56%, which are expected to extend losses towards 3.30% in next 2 weeks. The first increase in US industrial production since October (+0.5%) is not helping Dow futures, which are in fact deteriorating, partly because the capacity utilization remains rose to a modest 68.5%. KEEP EYES ON OIL as it struggles to regain $70.80s and is now nearing $70.00. Expect 69.70 to resurface as the next intermediate support. But CAD remains mainly boosted by better than expected Canadian factory orders. NZD strength partly explained by the fact that other commodity FX are capped by their own specific factors (China impacting Aussie, officials capping CAD).
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17