Ashraf Laidi on CNBC Arabia about NFP & QE3, Mar 7, 2012

Mar 7, 2012 14:01

Ashraf previews ECB meeting & Friday's US jobs report on CNBC Arabia. He states the recent improvement in US labour markets may further reduce the case for further asset purchases from the Fed, which may lead to ongoing market correction. With Feb ADP coming in above 200K, chances for +200K NFP become elevated. Thus, a robust report on Friday may trigger a positive knee-jerk reaction in equities and energy market before a possible turnaround later in the US session.

Latest IMT - Jan 20

Gold 4850 No Change

On December 24, I published the chart case for 4890oz Gold. You can see the chart here, but the full explanation was sent out to the WhatsApp Broadcast Group. If you are trading XAUUSD (on leverage) then it is best to target 4830/50. I've made the point repeatedly how 4850 gold and 100 silver were part of my target of 48/47 for the Gold Silver ratio. The combination of escalating tariff threats and geopopolitical dangers arising from the Greenland issue is boosting gold and silver, while also hurting the US dollar on the rising expectations that European sovereign nations, their pension funds and insurance companies will not only buy less USD assets, but also will further hedge their USD-denominated assets. Here is that gold post again.

Latest Hot-Chart - Jan 08

Gold Channel ABC and D 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..