Hey hey traders and wannabe traders!
The London trading session is in full force and the markets are already moving! In the video we explain plenty of info about the Coronavirus and the current developments but don't go into the probabilities much, we did that with our community already! This video is all about our trading tactic/analysis on the DAX!
Right now...
Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession.
What this could mean is a number of things:
1. The punters...
Man and Money won round one over the virus, propping up markets world wide for short time. The skirmish was one by flooding the markets with cheap money and other means of boosting sentiment.
But shortly after round one, the markets began to burn down. A great jobs report in the USA was ignored. A minor 10 min blip north then the markets went south after...
A 'black swan' event is something out of the blue - that creates systemic risk. The 2019-nCOV (virus) is potentially one such thing.
The markets have not been prepared for this - at all. Could it be the pinprick that pops the 'tech bubble' that influences markets globally?
The shock waves of this itty bitty virus are totally unexpected. I go into some price...
The Coronavirus keeps spreading, weakening Aussie despite the upbeat jobs numbers as markets take a less risky approach to the heightening threat.
Technicals indicate that Aussie and Euro move hand to hand, with the former falling following a ‘holding’ ECB! Now both are corrective and at a trendline low!
Pound, on the other hand, does relatively well as rate cut...
Markets remained somewhat muted at the start of the impeachment trial despite Trump’s talk at Davos as concerns around the deadly coronavirus mounted. It’s going to affect Asian economies for sure due to weakening consumer spending unless if it will be contained asap, and perhaps the emerging markets too.
In Europe, German and UK macros were seen increasing risk...
