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...
The US and China signed a partial deal yesterday, putting a temporary stop to global uncertainty! Without that being the end of the trade war, at least we can now wait and see if China respects the signed terms over the next few months... Are emerging markets affected by the fresh rhetoric since China is supported, or should we just focus on monetary policy,...
Equities keep climbing higher on the back of renewed trade and Brexit optimism and also on the back of monetary policy decisions! Interest rates are on hold, but the Fed did cut three times in 2019! Will the surge continue into 2020? And if yes, when can we expect the massive sell-off everyone’s been talking about to take place? ake a pick as we near the end of...
Trump was impeached yesterday and lost! But the trial timing remains in doubt, keeping parties on their toes! Meanwhile, BoJ kept interest rates unchanged overnight and now we have to wait and see if BoE adds to the downside risks on #no-deal fears, or encourage bulls with a rather hawkish stance? I talk about all that in today’s market insights while analysing...
In today’s #marketinsights video recording, I talk about #fxminors #EURJPY and #GBPCHF as they both seem to be moving within an identical pattern. Despite the added uncertainty amid the latest delay drama of phase-1 of a potential trade deal between US and China, safe-havens #yen and #franc seemed unaffected by at least this type of flows. That suggests that...
In today’s #marketinsights video recording, I talk mainly about #RBA and why #Aussie in somewhat bid and I also touch #eurodollar. #AUDUSD, despite yesterday's slide and regardless of trade war narratives, was pushed higher earlier in the session on the back of RBA's hold. The pair was supported as the bank kept the inflation outlook unchanged and reiterated that...
In today's #marketinsights video recording I analyse #GBPJPY and #EURGBP #FXMinors! GBPJPY Supported by: - Increasing expectations EC will grant January extension - BoJo win in case of early election - Weak safe-haven flows - Japan manufacturing to 3yr low EURGBP Under Pressure as: - Investors eye ECB and last Draghi meeting - Disappointing Business Climate...
In today's #marketinsights video recording I analyse DXY and SXP! Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by: - A somewhat dovish?! Fed - BoE and Brexit (BoJo visits EU today for talks!) - SA attack and expectations on reduced oil production -...