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Results: 911 to 920 of 1,000
Results: 911 to 920 of 1,000
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Intraday Market Thought: Brexit Extension and China Watch
by Adam Button | Oct 28, 2019 14:30The S&P500 has hit new all time high of 3041, while the DOW30 is 200 pts....All indications suggest the EU will extend the Brexit deadline to January 31....GBP is the day's best perfomer as cable hits 1...2877...Signals from a high level political meeting in China this week could have....This week's major events include: Johnson's efforts to call for an....France has been grandstanding about blocking the Brexit extension but Macron....A draft declaration cited by reporters extends the deadline to Jan 31 but....The EU meeting will take place shortly before a planned vote in UK parliament....That effort appears as though it will fall short of the necessary two-thirds....If it all unfolds as expected, we will find out if Johnson will redouble....A deal push would be more-positive for the pound...On the weekend, data showed the extent of the slowdown in the Chinese economy...Industrial profits were down 5...3% y/y in September, an acceleration from -2...0% in August...Reports on Friday indicated that the text of the US-China deal is largely....This week, risks may be on Beijing's side with the annual four—day....This is largely a political meeting and a draft communique focused on casting....That sounds like it's more of a defensive posture and it's a closed door....The weekend surge in cryptocurrencies has been attribute to Beijing'....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -51K vs -75K prior...GBP -52K vs -73K prior...JPY -18K vs +7K prior...CHF -11K vs -13K prior...CAD +33K vs +13K prior...AUD -48K vs -48K prior...NZD -40K vs -40K prior....Pound shorts had been stubbornly hanging in over the past two weeks but cracks....Still, there is plenty of space for a squeeze...The other standout is the contrast between the Canadian dollar and the....It's tough for them to diverge for any significant period of time. -
Intraday Market Thought: Biggest USD Drop in 21 Months, NFP Next
by Adam Button | Nov 1, 2019 11:34
The US dollar continued its post-Fed slide on Thursday as economic data....On the day the yen was the top performer while the US dollar lagged, registering....Non-farm payrolls are due up next (more below)....Renewed doubts with the continuity of the US-China talks are weighing on....Each of the 4 existing premium trades is currently in the green...إدارة الصفقات الخمسة (فيديو للمشتركين)....Dueling forces worked to pull USD/JPY notably weaker on Thursday...The Fed pause and accompanying message highlights that it will take a '....Ostensibly that's positive for the dollar but it's negative for risk....The problem was highlighted in a couple reports on Thursday...The PCE report showed spending at +0...2% compared to +0...3% expected and inflation numbers also slightly softer...The Chicago PMI also fell to 43...2 from 47...1...That was probably a result of the now-ended GM strike but the numbers both....At the same time, the long-term message from the Fed was that hikes are off the....That sent Treasury yields decidedly lower and highlights that US yield....The next move will hinge on Friday's jobs report...Non-farm payrolls are forecast to rise a modest 85K, down from 136K in September...After the Chicago PMI, there are growing worries that the auto strike could lead....If so, expect it to be a short-lived dip because those jobs have returned...A look at the October monthly moves:....The pound led the way with a 5% rally against the dollar and 5...7% against the yen (which was the laggard)....It was the worst monthly decline for the USD in over 20 months...In the stock market, most of the world put up gains in the 2-4% range including....The FTSE 100 was slightly lower but that's a side effect of currency....Gold was up modestly and entirely due to the rally on Wed-Thurs.
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Intraday Market Thought: GBP Rides on Uncertain Polls
by Adam Button | Nov 25, 2019 15:00
China appears to be making an earnest effort to bridge trade deal gaps as....GBP is the only gainer vs USD since Asia's Monday open as opinion polls....JPY and gold are the weakest over the last 17 hours of trading...CFTC positioning data showed a CAD-longs covering on murky messages from the....The chart below shows the weekly performance of Invesco's high beta....The recent rotation towards industrials and cyclical sectors was largely behind....nbsp;....While most GBP bulls appear to be anticipating a Tories majority victory,....An unlikely Labour-Conservatives coalition would be GBP-negative, while a....A Labour-LibDem outcome would be the worst of these ouctomes...nbsp;....Risk trades are higher early in the week after China published guidelines for....The announcement was vague but points to genuine action from China, likely in....On Friday, there was more evidence that the US economy is stabilizing...The Markit PMIs and the final U Mich consumer sentiment survey were all....In Canada, retail sales also beat the consensus...The market has clearly voted that lower interest rates outweigh any trade....The week ahead will feature the same hot-and-cold game on trade and tariffs...We hope for some kind of definitive news but with the US week effectively....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -63K vs -58K prior...GBP -32K vs -28K prior...JPY -35K vs -35K prior...CHF -16K vs -15K prior...CAD +29K vs +42K prior...AUD -47K vs -41K prior...NZD -35K vs -36K prior....The speculative market was whipsawed by the Bank of Canada in the past week...The market mis-read comments from Poloz and Wilkins who intended to convey that....On Thursday, the loonie rebounded when Poloz said he was comfortable with rates..
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Intraday Market Thought: EoY Competition مسابقة نهاية السنة
by Ashraf Laidi | Dec 10, 2019 14:05What's happening in currency markets that we have not seen since 1996...Pls read the box below carefully...A big hint is found here...يمكن إستعمال الرابط للوصول على الإجابة الصحيحة.. -
Intraday Market Thought: Bazooka or Nuclear Stimulus
by Adam Button | Feb 14, 2020 10:35It's far too early to declare anything about the coronavirus epidemic but the....The pound was the top performer Thursday while the kiwi lagged...Stocks retreated slightly lower after the Fed announcd it was reducing the....Silver and CAD are at the top of the day's performers...US retail sales are due up next...4,823 additional coronavirus cases were reported in Hubei, suggesting that the....nbsp; Will be crucial to see if markets pullback late on Friday and Sunday ....Risk trades dipped again Thursday and once again the dip was bought...Looking back at the past month, not once did US stocks finish a day on the lows....It's remarkable how well equity markets have held up facing a near-complete....With another 5000 cases reported on Friday, perhaps that's the wrong....The trio of central banks promising to keep rates low indefinitely,....Greek bonds are now trading under 1%, need we say anymore?....Having said, take a look at what's going on market internals in Ashraf'....Ultimately, inflation or currency debasement will spark a re-think but the....On Thursday, US CPI rose 2...5% y/y, up from 2...3% a month earlier but that will surely unwind in February with the cratering of....In the short-term, we warn (as we did last week) that Fridays are a tough day....AUD/USD has fallen an average of 0...53% in the past three Fridays...Also watch out for the January retail sales report at 1330 GMT...The consensus is for a 0...3% rise, matching the December number, which could also be revised. -
Hot-Chart: Forex Brokers' Share Price YTD & Since 2019
by Ashraf Laidi | Feb 19, 2020 11:43
CMC Markets' share price performance maintains the lead among major forex....CMC Markets' share price is +48% since Jan 2019, followed by Swiss Quote&....Year-to-date 2020 presents a different picture as Swiss Quote leads with 29%....XTB, IG Markets, GainCapital and Plus500 are all in the red so far this year...Year-to-date: XTB (-1%), IG (-2%), Plus500 (-5%), Gain Capital (-12%..
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Intraday Market Thought: Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17
Since our last update 6 weeks ago on Forex brokers' share price....What about this year? Who is up 29% over the last 49 days? And who's down 12%....Full analysis here...nbsp;....nbsp;..
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Intraday Market Thought: Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
As the excesses of USD-bound safe haven flows hit a wall of data disappointments....Now that Fed rate cuts are back on the table (they never left) as the US yield....Add to it the inevitable statements/misinterpretations/clarifications about..
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Intraday Market Thought: See you at NY Traders' Expo
by Ashraf Laidi | Feb 27, 2020 11:38I'm delighted to inform you that I'll be a featured speaker at this year&....This is one of the longest running trading expos around, in which I had the....I encourage you to reserve a free seat, and join me at the ultimate educational....Full Program. -
Intraday Market Thought: Central Bank Rescue?
by Adam Button | Mar 2, 2020 14:31The 1000-pt rally in Dow30 futures earlier in Asia was cut in half as....Fed Chair Powell's stmt on Friday was followed by similar remarks....CFTC positioning data showed just how vulnerable euro positioning is to an....Surprised by Goldman's Fed call below? Friday's Premium trade....A death and evident outbreak in the US pushed coronavirus onto front pages in....The west coast of the US appears to be dealing with several outbreaks but it's....Goldman Sachs now expects the Fed to cut rates by a total of 100 bps by end of....nbsp;....The dramatic measures taken by Chinese authorities appear to have some positive....The types of mass, mandatory quarantines they have put in place will be tough to....7 from 50...0...That's an all time low that's far below the financial crisis bottom and much....0 expected...The non-manufacturing survey was even worse at 29...6 compared to 51...0 expected and 54...1 previously...The question is no longer whether Q1 GDP in China will be positive or negative,....That first piece of soft economic data may be enough to give cover to central....The BOC is scheduled for Wednesday and there is chatter of a global coordinated....The market is already pricing in a March 18 Fed cut as a sure thing with a 70%....Expect some kind of relief rally on central bank expectations or moves but....The central bank toolkit is much more powerful in a financial crisis than a....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -114K vs -92K prior...GBP +30K vs +29K prior...JPY -56K vs -27K prior...CHF +1K vs +2 prior...CAD +15K vs +8K prior...AUD -44K vs -38K prior...NZD -15K vs -12K prior....The theme in markets late last week was to head to the sidelines and that is....That helps to explain the strength in the euro and yen.
