Intraday Market Thoughts
Archived IMT (2010.01.27)
by
Jan 27, 2010 11:39
State-of-the-Union-Address to Overshadow FOMC While much talk circulates around todays FOMC (19:15 GMT) and Friday US GDP report, I warn over todays State of the Union Address (21:00 EST; 02:00 GMT), in which President Obama will likely reiterate his pledge for restraining banks proprietary trading. Any more underlying tones of populism in the aftermath of last weeks Democractic loss in Massachusetts could cause trigger a negative reaction in Thursday Asian trading, before EU and US markets position for Friday's US figure. GBPUSD remains capped at 1.6250s after weaker than exp CBI survey; while EURUSD unlikely to regain 1.4120-30 ahead of the FOMC survey. 1.4015 to hold for now until the FOMC.
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