- Posts: 2940
- Thank you received: 37
Dagelijkse Markt Analyse 11 Januari 2019
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
8 years 4 months ago #11413
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 27 November 2017
DAGELIJKSE MARKT ANALYSE 27 NOVEMBER 2017
- All forms of Bitcoin jump in value. Ethereum continues to head towards $500.
- Turnover across the crypto-currency market soars.
Bitcoin (BTC) Heads for $10,000 as Asian Turnover Soars.
Heavy turnover in the last 24 – 48 hours has pushed BTC to the brink of $10,000, a level some commentators predicted for 2018. While Korean Won trade dominated in Asian hours, US dollar turnover was also highly visible as a wide range of buyers bought BTC ahead of the launch of CME and CBOE Bitcoin futures.
Rest van het artikel
- All forms of Bitcoin jump in value. Ethereum continues to head towards $500.
- Turnover across the crypto-currency market soars.
Bitcoin (BTC) Heads for $10,000 as Asian Turnover Soars.
Heavy turnover in the last 24 – 48 hours has pushed BTC to the brink of $10,000, a level some commentators predicted for 2018. While Korean Won trade dominated in Asian hours, US dollar turnover was also highly visible as a wide range of buyers bought BTC ahead of the launch of CME and CBOE Bitcoin futures.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11414
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 28 November 2017
DAGELIJKSE MARKT ANALYSE 28 NOVEMBER 2017
• US Dollar may rise if Powell hints three Fed hikes still make sense in 2018
• Kiwi Dollar still rising before key testimony from RBNZ Governor Spencer
• Japanese Yen corrected lower despite risk-off mood in Asia Pacific trade
Comments from Fed Governor Jerome Powell may dominate the spotlight as he testifies in a confirmation hearing after being nominated to take over at the helm of the US central bank in February, when Janet Yellen’s term expires. If he suggests September’s FOMC projections calling for three rate hikes next year still seem appropriate, the US Dollar may trade higher.
Rest van het artikel
• US Dollar may rise if Powell hints three Fed hikes still make sense in 2018
• Kiwi Dollar still rising before key testimony from RBNZ Governor Spencer
• Japanese Yen corrected lower despite risk-off mood in Asia Pacific trade
Comments from Fed Governor Jerome Powell may dominate the spotlight as he testifies in a confirmation hearing after being nominated to take over at the helm of the US central bank in February, when Janet Yellen’s term expires. If he suggests September’s FOMC projections calling for three rate hikes next year still seem appropriate, the US Dollar may trade higher.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11417
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 29 November 2017
DAGELIJKSE MARKT ANALYSE 29 NOVEMBER 2017
- U.S. Gross Domestic Product (GDP) to Expand Annualized 3.2%.
- Core Personal Consumption Expenditure (PCE) to Grow 1.3% Per Annum.
The preliminary 3Q U.S. Gross Domestic Product (GDP) report may heighten the appeal of the greenback as the amended figures are anticipated to show an upward revision in the growth rate, but signs of subdued inflation may spark a mixed market reaction as it limits the Fed’s scope to further normalize monetary policy in 2018.
Rest van het artikel
- U.S. Gross Domestic Product (GDP) to Expand Annualized 3.2%.
- Core Personal Consumption Expenditure (PCE) to Grow 1.3% Per Annum.
The preliminary 3Q U.S. Gross Domestic Product (GDP) report may heighten the appeal of the greenback as the amended figures are anticipated to show an upward revision in the growth rate, but signs of subdued inflation may spark a mixed market reaction as it limits the Fed’s scope to further normalize monetary policy in 2018.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11426
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 30 November 2017
DAGELIJKSE MARKT ANALYSE 30 NOVEMBER 2017
• Euro unlikely to find lasting driver in Eurozone CPI, German jobs data
• Swiss Franc outlook unlikely to be altered by third-quarter GDP report
• US Dollar looking to PCE figures, Senate tax cut vote for direction cues
Eurozone CPI takes top billing on the European data docket, with the headline inflation rate expected to have hit a seven-month high at 1.6 percent on-year in November. Meanwhile, the German labor-market statistics are expected to leave the jobless rate unchanged at 5.6 percent while Swiss GDP figures point to accelerating growth in the third quarter.
Rest van het artikel
• Euro unlikely to find lasting driver in Eurozone CPI, German jobs data
• Swiss Franc outlook unlikely to be altered by third-quarter GDP report
• US Dollar looking to PCE figures, Senate tax cut vote for direction cues
Eurozone CPI takes top billing on the European data docket, with the headline inflation rate expected to have hit a seven-month high at 1.6 percent on-year in November. Meanwhile, the German labor-market statistics are expected to leave the jobless rate unchanged at 5.6 percent while Swiss GDP figures point to accelerating growth in the third quarter.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11428
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 1 December 2017
DAGELIJKSE MARKT ANALYSE 1 DECEMBER 2017
• Gold price outlook hinges on Senate tax cut vote result
• Crude oil prices struggle despite output cuts extension
Gold prices declined as a swell in risk appetite pushed Treasury bonds lower and sent yields higher alongside share prices. Not surprisingly, that undermined the appeal of non-interest-bearing assets epitomized by the yellow metal. From here, all eyes are on the US Senate, where lawmakers are due to vote on a tax cut plan. If it passes and isn’t watered down by delays and counter-cyclical provisions, gold is likely to fall further.
Rest van het artikel
• Gold price outlook hinges on Senate tax cut vote result
• Crude oil prices struggle despite output cuts extension
Gold prices declined as a swell in risk appetite pushed Treasury bonds lower and sent yields higher alongside share prices. Not surprisingly, that undermined the appeal of non-interest-bearing assets epitomized by the yellow metal. From here, all eyes are on the US Senate, where lawmakers are due to vote on a tax cut plan. If it passes and isn’t watered down by delays and counter-cyclical provisions, gold is likely to fall further.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11431
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 4 December 2017
DAGELIJKSE MARKT ANALYSE 4 DECEMBER 2017
• Large speculators establish a net-long Pound position again
• Gold finds buyers while large silver traders sell
• Positioning profiles and charts for a multitude of key markets
Every Friday the CFTC releases the Commitment of Traders (COT) report, showing traders’ positioning in the futures market as reported for the week ending on Tuesday. In the table below, we’ve outlined key statistics regarding net positioning of large speculators (i.e. hedge funds, CTAs, etc.). This group of traders are largely known to be trend-followers.
Rest van het artikel
• Large speculators establish a net-long Pound position again
• Gold finds buyers while large silver traders sell
• Positioning profiles and charts for a multitude of key markets
Every Friday the CFTC releases the Commitment of Traders (COT) report, showing traders’ positioning in the futures market as reported for the week ending on Tuesday. In the table below, we’ve outlined key statistics regarding net positioning of large speculators (i.e. hedge funds, CTAs, etc.). This group of traders are largely known to be trend-followers.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11434
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 5 December 2017
DAGELIJKSE MARKT ANALYSE 5 DECEMBER 2017
- Optimism over a Brexit deal between the UK and the EU has strengthened the British Pound in 2017.
- However, the remaining problems are likely to prevent a meaningful deal and, when they do, Sterling will tumble.
The British Pound has strengthened throughout 2017 so far and continues to be helped by a conviction that the EU and the UK will eventually agree a Brexit deal. However, it remains almost impossible to imagine an agreement that will be acceptable to all sides, and that means Sterling is due for a heavy fall – although exactly when is a difficult call to make.
Rest van het artikel
- Optimism over a Brexit deal between the UK and the EU has strengthened the British Pound in 2017.
- However, the remaining problems are likely to prevent a meaningful deal and, when they do, Sterling will tumble.
The British Pound has strengthened throughout 2017 so far and continues to be helped by a conviction that the EU and the UK will eventually agree a Brexit deal. However, it remains almost impossible to imagine an agreement that will be acceptable to all sides, and that means Sterling is due for a heavy fall – although exactly when is a difficult call to make.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11436
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 6 December 2017
DAGELIJKSE MARKT ANALYSE 6 DECEMBER 2017
- Bank of Canada (BoC) to Keep Benchmark Interest Rate at 1.00%.
- Will Governor Poloz & Co. Warn of Higher Borrowing-Costs?
The Bank of Canada’s (BoC) last meeting for 2017 may spark a limited reaction as the central bank is expected to keep the benchmark interest rate at 1.00%, but the accompanying statement may fuel the near-term decline in USD/CAD should Governor Stephen Poloz and Co. show a greater willingness to further normalize monetary policy in 2018.
Rest van het artikel
- Bank of Canada (BoC) to Keep Benchmark Interest Rate at 1.00%.
- Will Governor Poloz & Co. Warn of Higher Borrowing-Costs?
The Bank of Canada’s (BoC) last meeting for 2017 may spark a limited reaction as the central bank is expected to keep the benchmark interest rate at 1.00%, but the accompanying statement may fuel the near-term decline in USD/CAD should Governor Stephen Poloz and Co. show a greater willingness to further normalize monetary policy in 2018.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11440
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 7 December 2017
DAGELIJKSE MARKT ANALYSE 7 DECEMBER 2017
- Euro-Zone growth continues to pick-up.
- EUR/USD is being steered lower by a strong US dollar complex ahead of US NFP data and next week’s FOMC meeting.
EUR/USD remained under pressure Thursday, despite figures confirming robust third quarter Euro-Zone growth. Seasonally adjusted GDP rose by 0.6% in both the euro area and the EU28 during the third quarter of 2017, compared with the previous quarter, according to an estimate published by Eurostat. In the second quarter of 2017, GDP grew by 0.7% in both areas.
Rest van het artikel
- Euro-Zone growth continues to pick-up.
- EUR/USD is being steered lower by a strong US dollar complex ahead of US NFP data and next week’s FOMC meeting.
EUR/USD remained under pressure Thursday, despite figures confirming robust third quarter Euro-Zone growth. Seasonally adjusted GDP rose by 0.6% in both the euro area and the EU28 during the third quarter of 2017, compared with the previous quarter, according to an estimate published by Eurostat. In the second quarter of 2017, GDP grew by 0.7% in both areas.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11442
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 8 December 2017
DAGELIJKSE MARKT ANALYSE 8 DECEMBER 2017
- U.S. Non-Farm Payrolls (NFP) to Increase 195K in November.
- Average Hourly Earnings to Climb to 2.7% per Annum.
The U.S. Non-Farm Payrolls (NFP) report by fuel the near-term decline in EUR/USD as employment is projected to increase another 195K in November, while Average Hourly Earnings are expected to climb an annualized 2.7% during the same period.
Rest van het artikel
- U.S. Non-Farm Payrolls (NFP) to Increase 195K in November.
- Average Hourly Earnings to Climb to 2.7% per Annum.
The U.S. Non-Farm Payrolls (NFP) report by fuel the near-term decline in EUR/USD as employment is projected to increase another 195K in November, while Average Hourly Earnings are expected to climb an annualized 2.7% during the same period.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11443
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 11 December 2017
DAGELIJKSE MARKT ANALYSE 11 DECEMBER 2017
- Futures positioning remains a major impediment for the Euro, with net-long positioning still near its 2017 high and its highest level since May 2011.
- The ECB will release new staff economic projections (SEP) on Thursday, in which there is a strong possibility that more optimistic growth and inflation forecasts are unveiled.
The Euro finished in the middle of the pack last week, no surprise given that the Euro-Zone calendar was dry and thus exogenous influences – progress in both the Brexit negotiations and the US tax reform bill – proved to be the key driver; EUR/USD dropped by -1.04%, while EUR/GBP shed -0.39%.
Rest van het artikel
- Futures positioning remains a major impediment for the Euro, with net-long positioning still near its 2017 high and its highest level since May 2011.
- The ECB will release new staff economic projections (SEP) on Thursday, in which there is a strong possibility that more optimistic growth and inflation forecasts are unveiled.
The Euro finished in the middle of the pack last week, no surprise given that the Euro-Zone calendar was dry and thus exogenous influences – progress in both the Brexit negotiations and the US tax reform bill – proved to be the key driver; EUR/USD dropped by -1.04%, while EUR/GBP shed -0.39%.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11445
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 12 December 2017
DAGELIJKSE MARKT ANALYSE 12 DECEMBER 2017
• Gold prices edge down but follow-through unlikely before FOMC
• Crude oil prices recover further but near-term bearish cues remain
• DOE short-term energy outlook, API inventory data now in focus
Gold prices took another leg lower as risk-on trading conditions translated into higher Treasury bond yields, tarnishing the appeal of non-interest-bearing assets epitomized by the yellow metal. Upbeat cues from stock index futures hint at more of the same ahead but significant directional follow-through seems unlikely before the much-anticipated FOMC policy announcement due on Wednesday.
Rest van het artikel
• Gold prices edge down but follow-through unlikely before FOMC
• Crude oil prices recover further but near-term bearish cues remain
• DOE short-term energy outlook, API inventory data now in focus
Gold prices took another leg lower as risk-on trading conditions translated into higher Treasury bond yields, tarnishing the appeal of non-interest-bearing assets epitomized by the yellow metal. Upbeat cues from stock index futures hint at more of the same ahead but significant directional follow-through seems unlikely before the much-anticipated FOMC policy announcement due on Wednesday.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11447
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 13 December 2017
DAGELIJKSE MARKT ANALYSE 13 DECEMBER 2017
• US Dollar on the defensive as markets brace for FOMC announcement
• Rates-geared Aussie and NZ Dollars, Yen on the upswing in APAC trade
• Markets may see steady 2018 Fed rate hike outlook as relatively hawkish
The US Dollar traded broadly lower in Asia Pacific trade. Markets were seemingly dialing back exposure to the greenback ahead of the upcoming Fed monetary policy announcement. Tellingly, rates-sensitive currencies at both extremes of the G10 FX yield spectrum – the Australian and New Zealand Dollars at the upper end and the Japanese Yen at the lower one – advanced in unison.
Rest van het artikel
• US Dollar on the defensive as markets brace for FOMC announcement
• Rates-geared Aussie and NZ Dollars, Yen on the upswing in APAC trade
• Markets may see steady 2018 Fed rate hike outlook as relatively hawkish
The US Dollar traded broadly lower in Asia Pacific trade. Markets were seemingly dialing back exposure to the greenback ahead of the upcoming Fed monetary policy announcement. Tellingly, rates-sensitive currencies at both extremes of the G10 FX yield spectrum – the Australian and New Zealand Dollars at the upper end and the Japanese Yen at the lower one – advanced in unison.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11448
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 14 December 2017
DAGELIJKSE MARKT ANALYSE 14 DECEMBER 2017
• SNB unlikely to alter monetary stance, but surprise risk is ever-present
• British Pound may not find strong lead in familiarly skittish BOE stance
• Euro looks to ECB forecasts update, Draghi presser for direction cues
There is no shortage of event risk in European trade as a trio of policy announcements from the SNB, the BOE and ECB cross the wires. The Swiss monetary authority seems like the least eventful of the bunch, with officials likely to deliver a familiar rhetoric threatening to intervene if the Franc gets to strong but leave policy otherwise unchanged (although the possibility of a surprise shouldn’t be totally dismissed).
Rest van het artikel
• SNB unlikely to alter monetary stance, but surprise risk is ever-present
• British Pound may not find strong lead in familiarly skittish BOE stance
• Euro looks to ECB forecasts update, Draghi presser for direction cues
There is no shortage of event risk in European trade as a trio of policy announcements from the SNB, the BOE and ECB cross the wires. The Swiss monetary authority seems like the least eventful of the bunch, with officials likely to deliver a familiar rhetoric threatening to intervene if the Franc gets to strong but leave policy otherwise unchanged (although the possibility of a surprise shouldn’t be totally dismissed).
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11450
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 15 December 2017
DAGELIJKSE MARKT ANALYSE 15 DECEMBER 2017
• Crude oil prices struggle to find fuel to break range boundaries
• Gold prices may return to the offensive following a brief pause
• Haggling over US tax cut plan may inspire week-end volatility
Crude oil prices corrected gently higher but didn’t to make significant progress outside of recent ranges. Baker Hughes rig count data as well as ICE and CFTC speculative sentiment statistics are due out, but these are rarely market-moving. That makes continued consolidation likely into the week-end.
Rest van het artikel
• Crude oil prices struggle to find fuel to break range boundaries
• Gold prices may return to the offensive following a brief pause
• Haggling over US tax cut plan may inspire week-end volatility
Crude oil prices corrected gently higher but didn’t to make significant progress outside of recent ranges. Baker Hughes rig count data as well as ICE and CFTC speculative sentiment statistics are due out, but these are rarely market-moving. That makes continued consolidation likely into the week-end.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11452
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 18 December 2017
DAGELIJKSE MARKT ANALYSE 18 DECEMBER 2017
• NZ Dollar leads G10 FX higher as “fade the Fed” dynamics re-emerge
• Japanese Yen declines as stocks push higher across Asia Pacific bourses
• US Dollar looking to Congressional vote on tax cut plan for a lifeline
The New Zealand Dollar led the major currencies higher against its US counterpart at the start of the trading week. The greenback managed a bit of an upswing Friday, but the “fade the Fed” narrative that emerged following the FOMC policy announcement looks to be back in play. The Australian Dollar – another yield-seeking alternative to the humbled US unit – also enjoyed broad support.
Rest van het artikel
• NZ Dollar leads G10 FX higher as “fade the Fed” dynamics re-emerge
• Japanese Yen declines as stocks push higher across Asia Pacific bourses
• US Dollar looking to Congressional vote on tax cut plan for a lifeline
The New Zealand Dollar led the major currencies higher against its US counterpart at the start of the trading week. The greenback managed a bit of an upswing Friday, but the “fade the Fed” narrative that emerged following the FOMC policy announcement looks to be back in play. The Australian Dollar – another yield-seeking alternative to the humbled US unit – also enjoyed broad support.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11453
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 19 December 2017
DAGELIJKSE MARKT ANALYSE 19 DECEMBER 2017
• Aussie, NZ Dollars continue to be buoyed by “fade the Fed” capital flows
• Euro may fall if IFO says German political uncertainty hurting sentiment
• US Dollar may not get much help as Congress passes tax cut legislation
The Australian and New Zealand Dollars continued to edge higher in otherwise quiet Asia Pacific trade. The move coincided with a narrowing of the spread between 2- and 5-year US Treasury bond yields, hinting that “fade the Fed” dynamics evident after last week’s FOMC rate decision continue to drive yield-seeking demand toward the two currencies as traders mark down scope for Fed tightening.
Rest van het artikel
• Aussie, NZ Dollars continue to be buoyed by “fade the Fed” capital flows
• Euro may fall if IFO says German political uncertainty hurting sentiment
• US Dollar may not get much help as Congress passes tax cut legislation
The Australian and New Zealand Dollars continued to edge higher in otherwise quiet Asia Pacific trade. The move coincided with a narrowing of the spread between 2- and 5-year US Treasury bond yields, hinting that “fade the Fed” dynamics evident after last week’s FOMC rate decision continue to drive yield-seeking demand toward the two currencies as traders mark down scope for Fed tightening.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 4 months ago #11455
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 20 December 2017
DAGELIJKSE MARKT ANALYSE 20 DECEMBER 2017
• Pound may fall as BOE’s Carney talks down scope for rate hikes
• NZ Dollar down as dairy prices fall at auction, trade gap widens
• Japanese Yen may decline as the markets’ risk appetite improves
The New Zealand Dollar underperformed in otherwise quiet Asia Pacific trade. The currency fell alongside local front-end bond yields, hinting that a dovish shift in RBNZ monetary policy expectations accounted for the move. A drop in dairy prices – the island nation’s top export commodity – at auction and an unexpected widening of the trade deficit probably accounted for the move.
Rest van het artikel
• Pound may fall as BOE’s Carney talks down scope for rate hikes
• NZ Dollar down as dairy prices fall at auction, trade gap widens
• Japanese Yen may decline as the markets’ risk appetite improves
The New Zealand Dollar underperformed in otherwise quiet Asia Pacific trade. The currency fell alongside local front-end bond yields, hinting that a dovish shift in RBNZ monetary policy expectations accounted for the move. A drop in dairy prices – the island nation’s top export commodity – at auction and an unexpected widening of the trade deficit probably accounted for the move.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 3 months ago #11456
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 21 December 2017
DAGELIJKSE MARKT ANALYSE 21 DECEMBER 2017
- The single currency may drop if pro-independence parties gain an upper hand in today’s parliamentary elections.
- The pro-independence and pro-unionist parties are currently running neck-and-neck.
Catalonia’s Independence Vote May Weigh on the Euro
Spain’s Catalonia region will go to the ballot box today to vote for a new regional government. The last government was fired by Spanish Prime Minister Mariano Rajoy after Catalonia’s independence vote in late October was declared illegal.
Rest van het artikel
- The single currency may drop if pro-independence parties gain an upper hand in today’s parliamentary elections.
- The pro-independence and pro-unionist parties are currently running neck-and-neck.
Catalonia’s Independence Vote May Weigh on the Euro
Spain’s Catalonia region will go to the ballot box today to vote for a new regional government. The last government was fired by Spanish Prime Minister Mariano Rajoy after Catalonia’s independence vote in late October was declared illegal.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
- Jelle
-
Topic Author
- Offline
- Administrator
-
Less
More
- Posts: 2940
- Thank you received: 37
8 years 3 months ago #11457
by Jelle
"All right. This one time I'll let you ask me about my affairs."
Replied by Jelle on topic Dagelijkse Markt Analyse 22 December 2017
DAGELIJKSE MARKT ANALYSE 22 DECEMBER 2017
• S&P 500 consolidating, pulling back into confluence of support
• Overall market conditions and year-end favor closing at or near a record
• A decline below 2652 seen as unlikely at this time if first line of support doesn’t hold
Seasonality will remain a tailwind until at least the calendar flips, and it goes without saying, but the trend is also on buyers’ side. Next week, markets are closed on Monday for Christmas, and the rest of the week, barring a major headline, will bring thinner trading conditions. It doesn’t mean we can sit back and abandon risk controls, but expectations for a healthy trading environment will certainly be dialed down.
Rest van het artikel
• S&P 500 consolidating, pulling back into confluence of support
• Overall market conditions and year-end favor closing at or near a record
• A decline below 2652 seen as unlikely at this time if first line of support doesn’t hold
Seasonality will remain a tailwind until at least the calendar flips, and it goes without saying, but the trend is also on buyers’ side. Next week, markets are closed on Monday for Christmas, and the rest of the week, barring a major headline, will bring thinner trading conditions. It doesn’t mean we can sit back and abandon risk controls, but expectations for a healthy trading environment will certainly be dialed down.
Rest van het artikel
"All right. This one time I'll let you ask me about my affairs."
Please Log in or Create an account to join the conversation.
Moderators: Jelle, Representative
Time to create page: 0.174 seconds