Tag Archives: #deficit

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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July 3, 2017 – Market Update (Trump, Xi, Abe, China-Hong Kong bond connect on, Banco Popular clean up, Buffett banking at BofA, FX markets to become very sensitive to data beats/misses, Trump to fight the steel and bank regulation at G20)

Mr Price Action/ July 3, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in green Europe opening higher Overall markets are still digesting last week’s movements Low liquidity due to July 4 US Independence day holiday   Japanese PM Abe hit by the significant loss in Tokyo elections, likely to face more troubles in the future Trump had a call with Xi and Abe discussing North Korea and pushing China on trade issues Abe’s advisor was out with a new

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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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