Tag Archives: #May

Nov 24, 2017 – Market Update (Quiet unless…, Chinese stocks steady after two day selloff, Saudis opening local stock market for small foreign funds, May in Brussels at Brexit grilling party, Ireland to veto border but government may collapse first, Flying lifts from Thyssenkrupp, USDJPY through 111.00 towards 110.00 or back to 112.50?, GBPUSD hitting the resistance at 1.3335)

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

  Short recap Asian with wake up call from China Europe opening flat to higher FOMC and ECB Minutes left the market without any illusions Fed likely to be more dovish, ECB still on split over QE end Germany – Socialists under strong pressure to form government France – US corporates like Macron story, likely to increase investments in FR Brexit – May meeting Tusk in

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Nov 13, 2017 – Market Update (May on the way out, Upcoming 2-3 weeks will shape the form of Brexit deal/no deal, Alibaba on fire with global Singles’ Day sales, Uber heading to IPO with Softbank getting closer to the deal, US inflation to show direction for yields, EURUSD back to range 1.1570/1.1670, Gold – long liquidation below 1280 level?)

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

  Short recap   Asia in red as investors becoming cautious on ability of US lawmakers to work out the tax reform Europe opening higher South China Sea disputes on again Upcoming 2-3 weeks will shape the form of Brexit deal As May is under enormous pressure from her own political party to step down While EU made it clear that UK needs to honor

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Oct 16, 2017 – Market Update (May urgently in Brussels ahead of EU Summit, Austrian elections outcome a non event as no exit EU talk, ECB’s QE limit at 2.5 trln?, Aramco’s private shares sale instead of IPO, Volkswagen short of cobalt supplies, Tech to benefit from corporate spending but position adjustments imminent, USDJPY weekly – not great for bulls but DXY holding above lows may give a hand)

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

  Short recap   Asia up Europe opening higher Governor of PBOC Zhou bullish on Chinese economy ahead of Congress Austria turning populist to far right but no exit EU talk To challenge Macron’s view of more Europe, tough on immigration…etc. Catalonia ready for talks with Spain but no mentioning of declaration of independence Iraqi military in control of Kurdish oil fields ECB’s QE limited at EUR

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Oct 2, 2017 – Market Update (Catalan 90% vote, Johnson-May old friends, DAX attacking 12 954 on weaker EUR, 10-yr Trys yield bullish close, Global equity funds enjoying the money in rally)

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

  Short recap   Asian up Europe opening higher Catalonian 90% vote for independence Madrid and police not comfortable with it Declaration of independence likely to come in 48 hours   Boris Johnson sees Theresa May gone within the year (friends…) Boeing–Bombardier dispute a proof of UK-US Trump kind of preferential partnership Warsh the new Fed’s head after meeting with Trump Used to be a Fed gov (2006/11)

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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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June 5, 2017 – Market Update

Mr Price Action/ June 5, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mixed Europe opening higher Saudi Arabia, Egypt and Bahrain cutting diplomatic ties with Qatar over support of Iran (Islamic Brotherhood and Hamas) Pushing oil more than 1% higher All of that coming after Trump’s visit and security threats (banning travellers or notebooks on the planes) Russia sees oil down to USD 40 UK – attacks

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Apr 19, 2017 – Market Update

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

  Short recap   Asia lower Europe opened mixed GBP up yesterday as markets speculate that snap elections can remove the political uncertainty And give a stronger mandate tp May in Brexit talks Pence – NK to expect an overwhelming and effective response China shadow banking back at full speed China eased capital flow controls Foreign investment in Canada hitting

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