Tag Archives: #FOMC

June 15, 2017 – Market Update

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

  Short recap   Asia lower Europe opening lower FOMC – more hawkish than expected Inflation expectations adjusted but Yellen sees a good ground for prices to keep rising Likely start to taper in Sep, another rate hike in Dec Some may ask why Fed doesn’t want inflation to overshoot Trump under investigation for obstruction of justice Looks like they

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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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May 31, 2017 – Market Update

Mr Price Action/ May 31, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up on better steel industry performance that pushed China factory activity higher Europe opening mixed Trump’s head of communication is leaving – who knows why? Wouldn’t be better if Trump has left and all the other staff members stay? The problem is solved then… USDCNH down as overnight funding rising EU Commission proposing EMU gov

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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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May 9, 2017 – (Chart of the Day) Gold – one month later – as expected ( XAUUSD )

Mr Price Action/ May 9, 2017/ Chart Of The Day/ 0 comments

Hi,today short update to the gold analysis posted exactly one month ago here In short, on 9th April 2017 I mentioned gold has hit potential supply zone based on weekly chart:and we are approaching possible demand on daily ( within weekly zone 🙂 ) available above as well as on the new chart below:Gold ( XAUUSD ) todays daily chart:So, where

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May 3, 2017 – Market Update

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

  Short recap   Asia mostly in green with some hesitation about Fed looking at June hike Europe opening lower Trump a bit “disruptive” in international field Open to government shutdown, pushing for faster voting on bills US pushing China to agree on additional North Korea sanctions   Brexit – GE-FR agreed on tougher stance towards UK’s post-Brexit obligations (EUR

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May 2, 2017 – Market Update

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

  Short recap   Asia pushing higher on tech earnings Europe opening higher but correcting Goldman Sachs raising June rate hike to 70% from 60% In line with market expectations despite Friday’s US GDP miss Greece – EU and IMF came to an agreement Brexit talk getting tougher Big boy Trump to break big banks With Glass-Steagall act to split

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