Tag Archives: dxy

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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July 6, 2017 – Market Update (Trump in Poland, EUR – lower global use on high hedging cost, EURUSD – focus on Minutes & 1.1300 with lots of expiring options, USDZAR – central bank to be nationalized, Gold supported by geopolitical risks, ExxonMobil, Shell, Total courting Qatar gas, Volvo – green from 2019, Nokia sharing patents with Xiaomi)

Mr Price Action/ July 6, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mostly in red Europe opening higher Trump in Poland to reassure about commitment to Eastern Europe through gas and military support Before meeting with Putin Also to outline the future relationship with Europe as such FOMC Minutes show a split and no timing on balance sheet reduction US ready to use force against North Korea but looking for a diplomatic

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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 20, 2017 – Market Update (USD getting technical support, extreme bearish sentiment turning, US yields rising, US House to finish tax reform in 2017, US stocks getting back to Trump trade on better financial liquidity)

Mr Price Action/ June 20, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia green Europe opening higher US House looking to complete the tax reform in 2017 as the pressure is mounting Brexit – EU stance is clear, the exit settlement, final bill and rights of EU citizens come first then the rest as future trade deal…etc. PBOC pushing for more open financial sector in order to support

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June 19, 2017 – Market Update (Macron win a huge potential for France, Fed speakers, US groceries shaking up, extreme long specs in EUR – a fall to come?)

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

  Short recap   Asia up Europe opening higher China-Iran to conduct join naval practice in the Gulf Iran firing over Syria Trump doesn’t like Cuban salsa Macron doesn’t need a coalition partner for important economic reforms France has a huge potential if he delivers PBOC made a huge CNY 110 bln OMO liquidity injection Stating the declining liquidity after

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June 16, 2017 – Market Update (BoJ no change, Greece getting money, Fed OK)

Mr Price Action/ June 16, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia flat Europe opening higher BoJ no change, upgrading consumption, domestic and global growth To keep support as inflation is far from 2% Greece getting EUR 8.5 bln loan What about central banks raising the inflation targets to 3-4% range instead of 2% one? Would it create the psychological pressure on households and corporates to spend/invest

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June 14, 2017 – Market Update

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

  Short recap   Asia mixed The Russian dust around Trump is settling down And we go back to work to crunch through hard data and policy execution Softer Brexit talk and EU is opening the door for UK to stay   Equities   Renault-Nissan surprised investors with specially created vehicle for undisclosed bonuses for top management A shadow of

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June 13, 2017 – Market Update

Mr Price Action/ June 13, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up Europe opening higher EU not happy with lack of clarity on UK side Working on moving trading and clearing of EUR denominated assets out of UK Basics of financial reform in US unveiled   Equities   US techs heavy yesterday but got some bids at the end of session Is a 4% correction enough?

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June 12, 2017 – Market Update

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

  Short recap   Asia lower taking clues from Nasdaq and its heavy weights Europe opening lower FR parliamentary elections – Macron’s party winning a huge majority in Lower House What will make the reform package likely to happen Traditional parties dying , Le Pen heavily down China opening to foreign investors more, to cut restrictions on FDI While reports

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June 9, 2017 – Market Update

Mr Price Action/ June 9, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mixed Europe opening higher but correcting Risk on or Risk off now?   ECB sees higher grow, lower inflation (2017-19), risks balanced No further rate cuts but also no change in policy, no taper talk at all Trump survived Comey’s testimony as nothing was revealed North Korea playing with fire again US labor market keeps

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