Rumor has it that the bank that does a god's work in the markets is expecting this Tuesday of BOK and PBOC to hike further 0,25%. Have you heard anything to that effect?
With the euro meetings related to the Irish story tomorrow seems to be the big day
With French and Italian GDPs being misses, the FX market post G20 seems yet to be back into selling the dollar mode. Looks like your call is working nicely so far, subway90
Could you briefly describe (or provide a good link) a possible further scenario of the Irish debt crisis? I take it they can not officially apply for any financial assistance until the next year budget has been voted on, which is not going to happen until December, right? That would probably mean some sort of a range for the EUR/USD towards the end of the year?
With the DXY having staged the spectacular come back, the CL strength is all the more telling. As PMs have felt somewhat shaky, don't you guys think a rotation into a lagging commodity is about to occur, propelling it above 90?
The PBOC just auctioned 1y bills at 2.3437%, over 5bp higher than last weeks rate at 2.2913%, which was still higher since the policy rate hike on 19 Oct.
Do you think this is an important signal of further tightening on the way? Perhaps, Chinese CPI over 4 per cent on Thursday?
Should we be watching any announcement from PBOC around noon GMT? Again, if that is the case, what are the chances of a repeat October 19?
The guys at Mr. Topstep most certainly referred to the so-called POMO days, i.e. the days when the Fed undertakes its promised purchases of Treasuries. These are pre-announced, I think, on the monthly basis. Zerohedge.com keeps a very good track of that schedule
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 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(11 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(12 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 (12 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (12 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (12 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(12 months ago)
Gold and USDJPY
Weaker than expected CPI is expected to help gold and drag on USDJPY until this evening's Fed decision/press conference..
View Hot-Chart..
Rumor has it that the bank that does a god's work in the markets is expecting this Tuesday of BOK and PBOC to hike further 0,25%. Have you heard anything to that effect?
With the euro meetings related to the Irish story tomorrow seems to be the big day
One simple way to make that spread visible at least in relative terms is to try bloomberg.com.
E.g., go tohttp://www.bloomberg.com/apps/quote?ticker=USGG10YR:IND in the internet explorer. Once you get a graph, in the lower left corner, where it says "add a comparison", type in GDBR10:IND, then press Add.
Could you briefly describe (or provide a good link) a possible further scenario of the Irish debt crisis? I take it they can not officially apply for any financial assistance until the next year budget has been voted on, which is not going to happen until December, right? That would probably mean some sort of a range for the EUR/USD towards the end of the year?
The PBOC just auctioned 1y bills at 2.3437%, over 5bp higher than last weeks rate at 2.2913%, which was still higher since the policy rate hike on 19 Oct.
Do you think this is an important signal of further tightening on the way? Perhaps, Chinese CPI over 4 per cent on Thursday?
Should we be watching any announcement from PBOC around noon GMT? Again, if that is the case, what are the chances of a repeat October 19?
The guys at Mr. Topstep most certainly referred to the so-called POMO days, i.e. the days when the Fed undertakes its promised purchases of Treasuries. These are pre-announced, I think, on the monthly basis. Zerohedge.com keeps a very good track of that schedule