Tag Archives: #Qualcomm

Jan 25, 2018 – Market Update (Trump up, Mnuchin down but market is concerned about who will buy US debt; ECB – just up is a problem but Draghi likely not to say anything again); EURUSD set to check 1.2500; Weaker USD good for equities; Gold – make or brake the 1380, then 1484…?; BofA with most blockchain patents; Qualcomm fined USD 1.2 bln by EU; Mexican drug cartels stealing fuel)

Mr Price Action/ January 25, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia mixed to lower Europe opening lower Trump a year ago – USD strength means confidence in US and his presidency Mnuchin yesterday – USD weakness good for US economy …and market took it as a future direction of US policy In other words the US trade war has begun and weak USD is part of it Market is concerned about widening current

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Aug 7, 2017 – Market Update (DXY up from strong support, EURUSD correction shallow to 1.1700/1650, A look towards 1.2000 still on the cards, World CBs to reassess how aggressively hawkish they are, S&P sees Fed on hold ,3 hikes in 2018, Iron ore up 5.5% on China continuous stock piling, US stock options – already positioning for increased volatility, Glencore looking to buy into Rio Tinto’s assets, UBS private banking with USD 2 trln of AUM)

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

  Short recap   Asia in green Europe opening higher New sanctions against North Korea (supported by China/Russia as well) UK ready to pay EUR 40 bln Brexit bill S&P sees Fed on hold this year with 3 hikes in 2018 OPEC/Non-OPEC meeting today/tomorrow Iron ore up 5.5% on China continuous stock piling   Equities   Glencore stretching muscles and increasing offer (USD 2.7 bln) for Rio

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July 19, 2017 – Market Update (Republicans (not only Trump) need to deliver, EURUSD capped by 1.1615 before ECB, BoJ-ECB divergence to deepen after tomorrow?, USDJPY – all above the yields, US corporate cash at USD 1.84 trln, Goldman Sachs to fix 40% dive in bond trading revenue, Lockheed Martin likes F-35 order log)

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

Short recap   Asia up Europe opening lower Republicans (not only Trump) need to deliver Tax reform is next (something Trump is more familiar with) Moody’s – US corporate cash at USD 1.84 trln, Tech is the leader   Equities   Porsche looking to give up on diesel engines Goldman Sachs to fix 40% dive in bond trading revenue But still lovely USD

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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 29, 2017 – Market Update

Mr Price Action/ May 29, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up Europe opening higher but correcting US & UK closed today on account of public holidays, some Asian countries as well Korea playing with fire again ZAR – Zuma still alive Europe on its won after G7 and Merkel/Trump meeting Tensions between US & EU mounting, nothing to change in the near term Thank you

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