Intraday Market Thoughts
Archived IMT (2009.11.02)
by
Nov 2, 2009 13:49
WATCH ASHRAF's INTERVIEW on CNBC earlier today discussing whether the USD can be talked up.
Todays reports on Oct manufacturing ISM and pending new home sales have to reveal convincing gains for markets to shake off the lingering fear (VIX at 4-month high, S&P below 55-day MA and 80mth trend line support, Brazil & Indian equity indices showing their worst 2-week declines of the year). Manuf ISM expected at 53.0 from 52.6, pending home sales expected at -0.5% from +6.4%). GBPUSD vulnerable to testing $1.6270 in event of US data disappointment. USDCAD eyes 1.0870, supported at 1.0740.
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17