Tag Archives: #downgrade

A lesson from corporate bond space while 30-year US Trys rate is hitting the 4-year high

Mr Hawk/ November 2, 2018/ Story Of The Week, Weekly Notes Posts/ 0 comments

The US 30-year Trys rate touching 3.41% means printing a 4-yr high or a new high for the cycle. Lesson – historically if rates go up volatility goes up as well, thus creating a messy outlook for stocks, bonds and other asset clasees. But we still miss a significant move in bond markets despite recent correction in stocks or risk-on

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Sep 25, 2017 – Market Update (Merkel heading to Jamaica style coalition, EUR to decline in no reforms, US corp tax rate to 20%, Moody’s downgraded UK and markets nothing…, Volatility extremely low despite hawkish Fed, SAP buying Gigya, JPMorgan picking Warsaw, Brent supported by HFs and rising spread to WTI)

Mr Price Action/ September 25, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower on China Europe opening lower   Merkel winner but political scene more fragmented Both Merkel’s party and Socialists short of historical results Nationalist party with 13%, signal of complications Merkel-Macron need deal for Europe and EMU reform may be at risk If no signs of reforms, the EMU spreads may widen and EUR to decline

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Sep 22, 2017 – Market Update (China downgrade on still fast credit growth, NoKo a new H-bomb test while Kim is in NY, Stronger EUR weighting on DAX, Apple under pressure – a new target at 142?, May’s perfect time of Brexit speech at 1900 GMT, Germany voting on Sunday, Gold at 1295 – which way?)

Mr Price Action/ September 22, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red on NoKo and S&P downgrade of China (outlook stable) and Hong Kong (outlook negative). S&P not comfortable with Chinese still strong credit growth Europe opening lower Speculation that NoKo will test powerful hydrogen bomb in Pacific PBOC asked Chinese banks to stop cooperating with NoKo   Equities   Lufthansa to absorb largest part of AirBerlin’s assets While easyJet should get some too Stronger EUR weighting on DAX 12 500 to

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May 26, 2017 – Market Update

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

  Short recap   Asia down as OPEC disappointed the market by not delivering what traders hoped for Cut extended for 9 and not 12 months, expected deeper cuts Oil was down 5% and still heavy today Europe opening lower   Risk off continues on OPEC, lower yields and dovish Bullard (inflation worrisome, Fed aggressive) Looking forward to balance sheet

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May 24, 2017 – Market Update

Mr Price Action/ May 24, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia effected by China downgrade Europe opening lower Markets shifting focus from risk off set up to June FOMC meeting 1st Trump budget sent to Congress, being ignored as such? Moody’s downgraded China to A1 from AA3, outlook to stable from negative On the back of debt burden and its implications on public finances, and slowing

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Apr 24, 2017 – Market Update

Mr Price Action/ April 24, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe higher Markets need to digest the move and get ready for ECB and Trump policies (tax, Obamacare) FR elections 2nd round – Macron/Le Pen Prediction Macron winning over Le Pen 60/40 (seems to be sufficient margin not to have a nasty surprise) Will see whether French are also as serious about rejecting nationalism and far-right

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