Tag Archives: #Bombardier

Jan 25, 2018 – Market Update (Trump up, Mnuchin down but market is concerned about who will buy US debt; ECB – just up is a problem but Draghi likely not to say anything again); EURUSD set to check 1.2500; Weaker USD good for equities; Gold – make or brake the 1380, then 1484…?; BofA with most blockchain patents; Qualcomm fined USD 1.2 bln by EU; Mexican drug cartels stealing fuel)

Mr Price Action/ January 25, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia mixed to lower Europe opening lower Trump a year ago – USD strength means confidence in US and his presidency Mnuchin yesterday – USD weakness good for US economy …and market took it as a future direction of US policy In other words the US trade war has begun and weak USD is part of it Market is concerned about widening current

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Nov 15, 2017 – Market Update (Xi to visit NoKo one day, Mohammed El-Erian a new Fed vice-chair?, Stocks not comfortable with no new catalyst, GE story, Airbus – a new USD 40 bln order?, Volkswagen and police/tax authorities again, US yield curve flattening despite 2-yr yield hitting a 9-yr high, EURUSD – forget about H&S, looking at 1.1900, USDJPY to dip below 112.00)

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

  Short recap   Asia in red but BoJ active in ETF buying Europe opening lower Special envoy from China heading to NoKo on Nov 17 Central bankers talking about an end of easy money Mohammed El-Erian a new Fed vice-chair?   Risk bubbles rising across EMs: Military taking over in Zimbabwe, where is Mugabe? Venezuela defaulting, South Africa to be downgraded   Equities   Stocks not comfortable with

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Nov 2, 2017 – Market Update (FOMC a non event, Powell in and Tax bill out, BoE hiking after 10 years & taking a long break after…, EURUSD a shadow of USDCNH, IMF not ok with selling volatility products, Apple a big thing after market, Barclays fed up with Brexit and taking actions, Deutsche Bank seeking a second building in Frankfurt)

Mr Price Action/ November 2, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia printing new 10-yr high as on optimism from Fed Europe opening lower FOMC – no changes, non event Just reconfirmed all with economic activity to solid from moderate Dec hike a done deal IMF warns volatility products loom as next big market shock  link Selling volatility complex products can be the trigger if volatility suddenly increases  

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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 2, 2017 – Market Update (Catalan 90% vote, Johnson-May old friends, DAX attacking 12 954 on weaker EUR, 10-yr Trys yield bullish close, Global equity funds enjoying the money in rally)

Mr Price Action/ October 2, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian up Europe opening higher Catalonian 90% vote for independence Madrid and police not comfortable with it Declaration of independence likely to come in 48 hours   Boris Johnson sees Theresa May gone within the year (friends…) Boeing–Bombardier dispute a proof of UK-US Trump kind of preferential partnership Warsh the new Fed’s head after meeting with Trump Used to be a Fed gov (2006/11)

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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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June 23, 2017 – Market Update (Tough on Qatar, Soros: UK & EU may remarry, Morgan Stanley moving to Frankfurt/Dublin, Biotech on fire, FX options ruling EURUSD, USDJPY, Bonds on summer vacation)

Mr Price Action/ June 23, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia flat Europe opening lower Tough conditions for Qatar to comply within 10 days Will spur the risk off Carlyle Group – Fed to keep hiking, no problem from higher rates Soros on “Brexit In Reverse” – if all goes well UK & EU may remarry even before divorce  link North Korea firing again   Equities

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May 29, 2017 – Market Update

Mr Price Action/ May 29, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up Europe opening higher but correcting US & UK closed today on account of public holidays, some Asian countries as well Korea playing with fire again ZAR – Zuma still alive Europe on its won after G7 and Merkel/Trump meeting Tensions between US & EU mounting, nothing to change in the near term Thank you

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May 23, 2017 – Market Update

Mr Price Action/ May 23, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget

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May 19, 2017 – Market Update

Mr Price Action/ May 19, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mixed on strong US data but political turmoil Europe opening higher Risk off only one day China to normalize relations with South Korea Brazil – after last year’s impeachment the new president Temer in the same shoes ECB speakers defended the status quo, no clear path yet Trump mess may push markets to reprice the

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