Tag Archives: Trump

EURUSD (Intraday) – 1.1300… Where from here?

Mr Hawk/ November 27, 2018/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

We were right last time with the view of 1.1200 holding (link). Are bulls strong enough to hold 1.1300 this time, especially after Trump auto tariffs threat? If they can, we may see a rally towards 1.1500/50. If they can not, we may have a break and daily close below that level what may expose the 1.1200/1180 and even 1.1000.

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Why are stock markets down?

Mr Hawk/ October 29, 2018/ Weekly Notes, Weekly Notes Posts/ 0 comments

Because of raising bond yields, Fed hiking, US economy taking a pause after peaking, consumer debt at extreme levels, US-CN showing trade muscles, high valuations…whatever you name is correct. But there is something behind the scenes and it is called the uncertainty that Trump has brought with him. The tensions between US and China are real and markets has started

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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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Jan 15, 2018 – Market Update (USD hit by non-US monetary tightening, No Bitcoin ETFs/mutual funds (for now), Bulls at extreme levels, SoftBank to list mobile biz, EUR longs up again, EURUSD to consolidate today, Gold to attack 2017 high at 1357, facing 1357-1375 range resistance)

Mr Price Action/ January 15, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia in green Europe opening higher Trumps racist comments are dangerous in general And can also change the behaviour of the public Thus hurting the consumption habits, investments and economy FR and GE looking at EZ investment budget/reforms USD hit by markets pricing monetary policy tightening in other developed countries Bitcoin ETF Fast Track Derailed by SEC Liquidity, Safety Worries  link Applications for 12 ETFs and

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Nov 10, 2017 – Market Update (US tax reform question mark, China to open financial markets/allow investments in companies, Trump with a promise of USD 250 bln deals with China, Brexit – Norther Ireland part of EU single market?, Cameco’s 10% production cut a new bullish trend in uranium?, Monsanto not linked to cancer, 10-yr Bund yields saw a significant jump, DXY to close around key levels, Brent above key 62.00, than 60.00 USD/bbl)

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

  Short recap   Asia in red Europe opening lower US tax reform – a potential delay in corporate tax rate cut to 2019 pushed stocks in US and Asian lower Trump sees current account deficit with China not acceptable, happy with deals worth of USD 250 bln But overall friendly remarks on both sides China to open financial markets and allow foreign investments

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Nov 8, 2017 – Market Update (EURUSD – H&S almost done, US yields not supporting further USD strength – a correction coming?, Oil – China demand lower on pollution cuts, Gold stuck in 1263-1282 range, ECB Governing Council meeting – watch the comments as more hawks on the Board, Apple – EU asked for more details about tax structure, Bitcoin an asset class?)

Mr Price Action/ November 8, 2017/ Market Update, Market Update Posts/ 0 comments

    Short recap   Asia up Europe opening lower Trump in China to ask for China cutting financial ties with NoKo US-Chinese companies signed USD 9 bln deals USD impacted by headwinds/slowdown related to tax reform (implementation in 2019) As the tax cuts will spike the budget deficit and will have only temporary effect on the economy (according to Fitch) Brexit –

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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 14, 2017 – Market Update (Trump maturing, ECB not in a rush to hike, DAX at crucial 12 500, Back to Trump trade?, EURUSD at support zone 1.1 870/80, Amazon.com to sell sombreros, Munich Re hit by hurricanes, Oracle in the cloud)

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

  Short recap   Asian down on weaker Chinese data Europe opening mixed Trump getting more experienced (less tweeting) And starting meeting people (like Rep/Dem leaders) to move things forward ECB to keep a steady hand on easy policy as inflation stays very low Chinese steel mills production reaching record highs Bitcoin on a weak foot after JPMorgan’s Dimon fraud comment Historically, it is

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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

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Aug 1, 2017 – Market Update (Can Trump hit rock bottom? Weidmann – EZ needs a reform, Chinese Anbang Insurance Group to sell overseas assets & bring cash home, Europe experiencing the strongest earnings season since 2017, EURUSD above 1.1785 (200 WMA))

Mr Price Action/ August 1, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia slightly up Europe opening higher Can Trump hit rock bottom?       Trump looking at executive action on healthcare North Korea can hit most of US ECB’s Weidmann – EZ needs a reform Oil popped over USD 50 on high fuel demand and HF short covering While supply still high   Equities   Shell putting a financial hand in solar firm Sunseap Group BNP Paribas interested

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