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أشرف العايدي في قناة العربية -- 10 يوليو 2012

Jul 10, 2012 22:35
The continued strengthening of the US dollar despite worsening US jobs and manufacturing activity, and broadening evidence of a sluggish China results from market realization that the Fed's shortened and sterilized QE (Operation Twist) deployed until year-end will be inadequate in addressing the unavoidable deterioration in global activity. As long as the presence of Operation Twist prevents any new QE program, equities rebounds should remain contained, commodities to probe further downside (led by oil until grains turnaround) -- all alongside a rising USD. Throughout, gold and silver compete for which is the preferred dead-cat bounce. For direct access to Friday's Premium Insights, click here: http://ashraflaidi.com/products/sub01/access/?a=664 Non Subscribers can join here:http://ashraflaidi.com/products/sub01/