أشرف العايدي على سي ان بي سي العربية -- 3 يوليو2013

Jul 3, 2013 17:30

More improvement in the UK economy welcoming the new BoE governor as UK June services PMI hits 27-month highs at 56.9, days after the June manufacturing PMI hit 26-month highs at 52.5. Both of UK services and manufacturing PMI indices stand well above those of the US, China, Eurozone and Germany. After all, the BoE's monthly asset purchases of £375 bn account for 26% of GDP, compared to 0.55% of GDP for the Fed's $85 bn and 1% from the Bank of Japan's planned purchases. Combining the BoE's greater easing with the 4% decline in the pound's trade weighted value year-to-date, the currency and monetary policy channels are proving more effective.

Latest IMT - Dec 11

AAOI & the Fed

Before I tell you about the AAOI Trade I shared with the WhatsApp Broadcast Group last week (now up 38% in less than 5 days), just a few quick words about the Fed. Wednesday's rate cut coupled with no hawkish surprises from Powell's conference was a launchpad for USD weakness, metals strength and equities' surge (Dow30 hit new record). Markets can look beyond Oracle's disappointing earnings to eat the dish served by the Powell (lower rates, short term liquidity while inflation isn't completely vanquished). Anytime you hear/see/smell rate cuts during an inflationary environment, the above occurs. Altcoins and Bitcoins are slow to rally, but Bitcoin miners afre flexing their muscle. See below the AAOI Trade I shared with the WBG, whereby we entered at $26 on Friday and now its $36. Meanwhile, Reddit is up 68% since we bought it in July.

Click To Enlarge

Latest Hot-Chart - Nov 24

Updating post 9th سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group - -... View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..