It could be a very very bad scenario for europeans countries because in case of deflation, it will be necessary to them to pay off more that before and what means that cut in credit ratings could accelerate
Central banks cannot use benchmark rate cuting to fight the next deflation, so I think that is time to experimented Milton friedman theory about "helicopter drop"
Indeed catnip is not time to enter long short term on Nzdyen but around 60 level it could be an excellent long term level I think with low leverage sure
Ashraf, I think RBNZ will start to raise rates on June and if VIX hold below 30 it's time to enter long long term on NZDJPY... Ashraf your opinion please ?
gunjack, indeed zurich is very nice place for a break, especially in this period of the year, and your currency( will not be an handicap for you even if the cost of living is high in Zurich
As i said last week, below 77$ the downside is confirmed on oil hold your short positions with first target 70$ and then 65$ If you want to be long on oil I think that you should wait for the decline of the volatility
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months 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(10 months 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(10 months 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months 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(10 months ago)
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
follow this link: http://www.facebook.com/groups/edit.php?edit_members&gid=114000341949082#!/group.php?gid=114000341949082
I think RBNZ will start to raise rates on June and if VIX hold below 30 it's time to enter long long term on NZDJPY...
Ashraf your opinion please ?
indeed zurich is very nice place for a break, especially in this period of the year, and your currency( will not be an handicap for you even if the cost of living is high in Zurich
I'm "pricing" for spain as winner
below 77$ the downside is confirmed on oil hold your short positions with first target 70$ and then 65$
If you want to be long on oil I think that you should wait for the decline of the volatility