Tag Archives: #Amazon

Feb 2, 2018 – Market Update (NFPs day but a high bar for USD to rise, Trys rising but where is the USD?, Rising yields challenging stocks (dividend/higher financing), Strong EUR to weight on EU stocks soon, Italy in or out?, eBay dumping PayPal and going for Adyen, Insurers to sell cryptos theft protection)

Mr Price Action/ February 2, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower Europe opening mixed Strong EUR to weigh on EU stocks soon 10-yr Trys yield above 2.75% putting pressure on stocks As dividend yield is not as attractive as before and cost of financing for companies is getting higher With recent rise in US yields, economic numbers and improving earnings season Are we going to

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Oct 26, 2017 – Market Update (ECB day today but should they do anything?, Turkish CB in the spotlight too, EURUSD range 1.1660-1.1860/1.1900+, Airbus-Bombardier deal a China story?, Brazil yields up on elections risk, VIX to loo for too long – recall the Aug 2015 China blow…)

Mr Price Action/ October 26, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia flat Europe opening flat China going for USD denominated bonds again (first issue from 2004) ECB day today – lots of uncertainties around QE cut back (low inflation, strong EUR vs growing economy) Still not clear whether ECB should do it today or not A Turkish Central Bank announcement important today As there are speculations about Germany (EU) to

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Oct 4, 2017 – Market Update (IBEX under pressure, China conspiracy theory, some US companies may revise down, Monsanto facing issues with new soybeans Xtend, Buffett likes Pilot Flying, New Fed Chair speculations riding USD and Trys yields, EURUSD – a new H&S formation?, Gold found strong support at 1268)

Mr Price Action/ October 4, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Japan/Hong Kong up, China/SoKo closed Europe opening mixed UK heading towards hard Brexit on settlement bill dispute Likely to be much larger than UK politicians think But 2-yr transition period helps to remove pressure from GBP Higher USD causing USD funding issues A China Conspiracy Theory: “What If Beijing Is Behind The Entire Move?” SocGen Asks  link  

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Sep 21, 2017 – Market Update (FOMC – market not a strong believer of Fed talk, EURUSD sitting at strong support 1.1870/80, Gold at crossroad between 1290-1300, UniCredit to buy Commerzbank, Apple slowing, Huawei, Oppo, Samsung speeding up, EU to redo taxation of digital world)

Mr Price Action/ September 21, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening higher EU-CA free trade deal in effect starting today EU to redo taxes on digital companies Goldman Sachs expect USD 1 trln tax cuts (0.4% of GDP) over 10 yrs   FOMC – no change, rates 1.00-1.25% Taper starting in Oct to get cushion for next crisis Expecting 1 more hike this year, 3 hikes

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Sep 15, 2017 – Market Update (US inflation surprise making Dec Fed hike a 50/50 game, Weidmann like Draghi…eyeing his job?, Oil above USD 50 a stability for US shale, GBPUSD up to 1.3500, but weak USD can push it to 1.4000 despite heavy short specs, Trump trade making US small caps rally)

Mr Price Action/ September 15, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian in red on NoKo playing with fire again but market corrected quickly Europe opening mixed ECB’s Weidmann out with comments like Draghi…getting ready for his job? Aug US inflation at 1.9%, core 1.7%, higher than expected Bringing Dec Fed hike to 50/50 probability But economists predict Fed pausing…   Equities   Rupert Murdoch’s takeover of Sky not a done deal yet

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Sep 14, 2017 – Market Update (Trump maturing, ECB not in a rush to hike, DAX at crucial 12 500, Back to Trump trade?, EURUSD at support zone 1.1 870/80, Amazon.com to sell sombreros, Munich Re hit by hurricanes, Oracle in the cloud)

Mr Price Action/ September 14, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian down on weaker Chinese data Europe opening mixed Trump getting more experienced (less tweeting) And starting meeting people (like Rep/Dem leaders) to move things forward ECB to keep a steady hand on easy policy as inflation stays very low Chinese steel mills production reaching record highs Bitcoin on a weak foot after JPMorgan’s Dimon fraud comment Historically, it is

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Sep 8, 2017 – Market Update (North Korea/Irma – unhedged over the weekend?, Dovish Draghi but no indications, 10-yr Trys yield dipping below may bring more declines, EURUSD – 1.2000 a fair value, 1.2100 to hurt sentiment and DAX, Platina to catch up Gold rally, WTI at USD 55 unsustainable, BMW taking e-cars seriously, Amazon in a need of 2nd US HQ)

Mr Price Action/ September 8, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower ECB kept its policy unchanged Draghi stayed dovish, has not offered any clear indication on what’s next Despite strong EUR pushing inflation lower and economy doing well Ifo head warning of next EZ crisis Market keeps testing upside in EURUSD North Korea (important public holiday 9.9. may be topped by another missile test) and Irma risks present – going unhedged to the

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Aug 4, 2017 – Market Update (NFPs 183k/Earnings 0.3% expected, US yields reaction to NFPs crucial for USD, USDJPY, Gold, EURUSD above 1.1876 but below 1.1900, Siemens to build wind power plant in Turkey, Goldman Sachs buying USD 10 bln of Aramco’s credit facility, Tesla – market betting heavily on Model 3 success, Trump productivity stats)

Mr Price Action/ August 4, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian slightly higher Europe opening lower Russian case moving with subpoenas issued for Trump’s son and his son-in-law A new India-China stand off in Himalaya? Toronto home sales down 40% y/y, 4th month of decline Average purchase price is CAD 746k vs CAD 920k in April Trump should speak on actions against China but the speech may be cancelled Trump – productivity stats: In the office

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July 28, 2017 – Market Update (Bad day for Trump – no Russia sanctions, no VAT, no BAT, no Obamacare repeal, EURUSD hitting strong multiyear resistance zone, USDJPY played by expiring options today, US GDP to surprise, NASDAQ down on rotation out of Techs, Apollo rising USD 25 bln)

Mr Price Action/ July 28, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower on risk off Europe opening Mnuchin to support steps not tough talk against FX manipulators As it hasn’t been working for years Senate rejected new sanctions against Russia Not even watered down Obamacare repeal bill can pass through Senate Another huge blow to Trump after no VAT and BAT implementation Those two got rejected due to the need to overhaul the whole tax

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July 27, 2017 – Market Update (FOMC on summer vacation, playing safe, DXY close to support levels, EURUSD close to 200 WMA (1.1794), Gold/gold miners going higher? Heavy Deutsche Bank, Facebook enjoying the ride, Cameco – weak uranium price making heavy print)

Mr Price Action/ July 27, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up on dovish feeling Fed (stocks, bonds and commodities up) Europe opening flat ECB’s Nowotny – some room to reduce asset purchase from Jan 2018 but not stopping them EU warned US over new sanctions against Russia as energy security is on the table UK’s Rudd promised to keep access for EU workers UK’s car industry production down

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