Tag Archives: #NFPs

Feb 2, 2018 – Market Update (NFPs day but a high bar for USD to rise, Trys rising but where is the USD?, Rising yields challenging stocks (dividend/higher financing), Strong EUR to weight on EU stocks soon, Italy in or out?, eBay dumping PayPal and going for Adyen, Insurers to sell cryptos theft protection)

Mr Price Action/ February 2, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower Europe opening mixed Strong EUR to weigh on EU stocks soon 10-yr Trys yield above 2.75% putting pressure on stocks As dividend yield is not as attractive as before and cost of financing for companies is getting higher With recent rise in US yields, economic numbers and improving earnings season Are we going to

Read More

Oct 9, 2017 – Market Update (Quiet trading today unless…, Honeywell spinning off, Deutsche Borse working hard on moving euro clearing out of UK, JPM/Citi expecting lower trading revenues, BofA to benefit from cost cutting and expanding in retail, USDJPY – Peaking and may loose momentum as per daily chart/MACD)

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

  Short recap   China in green after one week off Europe in red US/CA/JP markets closed on account of Columbus day/Thanksgiving/Health-Sports day US banks/Trys closed but stocks open NFPs good on earnings, the rest is a question of interpretation (hurricanes, steady jobs growth…etc.) But USD not taking any clues Should have quiet trading unless Catalonia declares independence Or Trump announces something out of

Read More

Oct 6, 2017 – Market Update (Biz moving out making Catalonian politicians to think twice as Quebec is a nice example, NFPs & DXY – Good number Ok, bad number…because of hurricanes…as simple as that, EURUSD watching 1.1662 & 1.1615/05, USDJPY ready to test 113.25 & 113.37, Republicans moving on taxes, Fed warning of inflation/debt)

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

  Short recap   Asia up, inspired by US stocks printing new highs on tax reform hopes EU opening higher Republicans moving on taxes, Fed warning of inflation and unsustainable debt IMF still supports accommodative policy from ECB, BoJ Italian CB asking ECB to soften bad-loan plans ECB to put legal restrictions on ICOs Bitcoin may fall to their jurisdiction anyway But ICOs is a more securities area than

Read More

Aug 4, 2017 – Market Update (NFPs 183k/Earnings 0.3% expected, US yields reaction to NFPs crucial for USD, USDJPY, Gold, EURUSD above 1.1876 but below 1.1900, Siemens to build wind power plant in Turkey, Goldman Sachs buying USD 10 bln of Aramco’s credit facility, Tesla – market betting heavily on Model 3 success, Trump productivity stats)

Mr Price Action/ August 4, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asian slightly higher Europe opening lower Russian case moving with subpoenas issued for Trump’s son and his son-in-law A new India-China stand off in Himalaya? Toronto home sales down 40% y/y, 4th month of decline Average purchase price is CAD 746k vs CAD 920k in April Trump should speak on actions against China but the speech may be cancelled Trump – productivity stats: In the office

Read More

July 7, 2017 – Market Update (Good NFPs may trigger collapse in bonds/stocks, EZ stocks under pressure from higher yields/EUR, BoJ buying and buying, ECB not respecting allocation key, thus pushing core yields/EUR higher, EUR – make it through 1.1500 or ? Berkhsire to buy Oncor, Celgene/BeiGene to cooperate)

Mr Price Action/ July 7, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower Flash crash in Silver Trump to meet with Putin Very good US NFPs numbers may trigger collapse in bonds and stocks As the risk of rising rates further will all implications will be higher ECB Minutes with some tightening of financial conditions Central Banks’ Reversals Signal the End of One Era and the Beginning

Read More

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

Read More

June 2, 2017 – Market Update

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

  Short recap   Asia up on risk on, Nikkei 225 attacking 2015 highs Europe opening in green Risk on can continue but need good NFPs   The last nail to the US international supremacy (seen as the Fall of the Roman empire sort of) is Trump pulling out of Paris Climate Accord  link Trade sanctions on US polluters may

Read More

May 5, 2017 – Market Update

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

  Short recap   Asia lower on commodities losing the ground on worries about the global growth Europe opening lower DAX printing new historical high Praet pushed EURUSD higher with ECB guidance shift to focus on data House approved new healthcare bill Now it is heading to Senate where it will face a strong opposition EZ to grant a relief

Read More

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

Read More

Apr 10, 2017 – Market Update

Mr Price Action/ April 10, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia with some caution Europe opened higher but mixed now   Trump-Xi meeting – both declared friendship, trust and ready to work together…but no agreements No real consensus on North Korea, US trade deficit on the table over the next three months Chinese in South Korea to discuss North Korea   US NFPs lower on weather

Read More