Tag Archives: #Bunds

Jan 15, 2018 – Market Update (USD hit by non-US monetary tightening, No Bitcoin ETFs/mutual funds (for now), Bulls at extreme levels, SoftBank to list mobile biz, EUR longs up again, EURUSD to consolidate today, Gold to attack 2017 high at 1357, facing 1357-1375 range resistance)

Mr Price Action/ January 15, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia in green Europe opening higher Trumps racist comments are dangerous in general And can also change the behaviour of the public Thus hurting the consumption habits, investments and economy FR and GE looking at EZ investment budget/reforms USD hit by markets pricing monetary policy tightening in other developed countries Bitcoin ETF Fast Track Derailed by SEC Liquidity, Safety Worries  link Applications for 12 ETFs and

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Nov 10, 2017 – Market Update (US tax reform question mark, China to open financial markets/allow investments in companies, Trump with a promise of USD 250 bln deals with China, Brexit – Norther Ireland part of EU single market?, Cameco’s 10% production cut a new bullish trend in uranium?, Monsanto not linked to cancer, 10-yr Bund yields saw a significant jump, DXY to close around key levels, Brent above key 62.00, than 60.00 USD/bbl)

Mr Price Action/ November 10, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower US tax reform – a potential delay in corporate tax rate cut to 2019 pushed stocks in US and Asian lower Trump sees current account deficit with China not acceptable, happy with deals worth of USD 250 bln But overall friendly remarks on both sides China to open financial markets and allow foreign investments

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Oct 27, 2017 – Short recap after ECB (Trys yields up, Bund yields down, Draghi played dovish, EURUSD getting closer to important 1.1500, Are we going back to 1.0500/1.1500 range?, 1w RR favouring puts, USDJPY – spot lagging the move higher as the US yields steadily rise, Spot close to critical 115.00, 1w RR favouring further upside)

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

  Short recap after ECB…   Bonds   10-yr Trys yield at 2.46% up from 2.43% yesterday 10-yr Bund yield at 0.42% down from 0.48% yesterday   EURUSD   Draghi played it well as the whole picture looks more dovish than rising rates environment eslewhere After yesterday’s move on spot 1w RR favouring puts s Spported by longs liquidation as well as Draghi doesn’t

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Sep 4, 2017 – Market Update (UN meeting on North Korea, Little risk in FX world warranted, EU/China economies to cool down, FiatChrysler declining and takeover offer, Merger completed, new DowDuPont is alive, Highly rated corporate bonds to benefit, Bund yields may go again to zero, EURUSD – Attempts above 1.2000 to hit the heavy resistance, USDJPY – ceiling at 110.00, Gold – eying 1375)

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

  Short recap   Asian in red on safe haven flow Europe opening lower US/CA Labor Day holiday today   UN Security Council to meet on North Korea US Secretary of Defence Mattis joining Trump in his rhetoric (not a good sign) Little risk in FX world warranted Despite North Korean likely not to escalate situation further as it hit the ceiling with

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Aug 7, 2017 – Market Update (DXY up from strong support, EURUSD correction shallow to 1.1700/1650, A look towards 1.2000 still on the cards, World CBs to reassess how aggressively hawkish they are, S&P sees Fed on hold ,3 hikes in 2018, Iron ore up 5.5% on China continuous stock piling, US stock options – already positioning for increased volatility, Glencore looking to buy into Rio Tinto’s assets, UBS private banking with USD 2 trln of AUM)

Mr Price Action/ August 7, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in green Europe opening higher New sanctions against North Korea (supported by China/Russia as well) UK ready to pay EUR 40 bln Brexit bill S&P sees Fed on hold this year with 3 hikes in 2018 OPEC/Non-OPEC meeting today/tomorrow Iron ore up 5.5% on China continuous stock piling   Equities   Glencore stretching muscles and increasing offer (USD 2.7 bln) for Rio

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July 12, 2017 – Market Update (All about Yellen today, Merkel flying EUR high, Siemens chasing their turbines, Chinese banks another opportunity, Trump and Russia again (but Junior this time), 10-yr Bund yields jumping above 0.60% mark)

Mr Price Action/ July 12, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher Trump Jr – Russia blow here but markets focus on Yellen Trump administration constantly distracted, not focussing on proper work Gary Cohn Trump’s candidate to replace Yellen Fed’s Mester likes taper sooner rather than later Merkel putting pressure on ECB to raise rates JPM’s Dimon – taper can caught people by surprise Chinese media speculations – PBOC should widen the 2% CNY daily trading band Funds kept

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July 7, 2017 – Market Update (Good NFPs may trigger collapse in bonds/stocks, EZ stocks under pressure from higher yields/EUR, BoJ buying and buying, ECB not respecting allocation key, thus pushing core yields/EUR higher, EUR – make it through 1.1500 or ? Berkhsire to buy Oncor, Celgene/BeiGene to cooperate)

Mr Price Action/ July 7, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower Flash crash in Silver Trump to meet with Putin Very good US NFPs numbers may trigger collapse in bonds and stocks As the risk of rising rates further will all implications will be higher ECB Minutes with some tightening of financial conditions Central Banks’ Reversals Signal the End of One Era and the Beginning

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June 30, 2017 – Market Update (Markets getting ahead of themselves, US Q1 GDP revised up, S&P – Fed to start taper in Sep, Bunds-Trys spread at 183 bps, at Raiffeisen Bank having difficulties with IPO, Small techs smashed on low liquidity)

Mr Price Action/ June 30, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian down on risk off flows from EU/US Europe opening mixed This week we witness lots of end of month, quarter and half a year flows/positions squaring Market is ahead of itself based on reactions, valuations, low vols, complacency China manufacturing up on good production/new orders US Q1 GDP revised up on consumer spending Well, never

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Apr 28, 2017 – Market Update

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

  Short recap   Asia – saw some profit taking after risk on week Europe opening lower   ECB no change in monetary policy Draghi had a good showing, inflation not a worry, economy doing better (5-yr forward inflation swaps above 1.6% indicating ECB still undershooting its inflation target) Taper and rate hikes not a question of a foreseeable future

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Apr 4, 2017 – Market Update

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

  Short recap   Asia on a safe side Europe opening higher   Risk off ongoing (Russia, FR elections (GE-FR spread widens to 67 bps) – USDJPY declined and we see preference for liquidity EURUSD not picking up as peripheral spreads are widening due to ECB lowering bond purchases   Fed’s Dudley not comfortable with student debt that may have

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