The market seems to have conjured up a kind of Goldilocks narrative on why the US Election outcome and prospects for US political gridlock are just what the doctor ordered for inflation of risky assets globally. Indeed, USD bears are expecting smooth sailing from here on expectations that the Fed...
COT: Deleveraging set the agenda ahead of U.S. election
Positions and changes made by hedge funds across commodities and forex futures during the week to November 3, the day of the U.S. election.Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX,...
Fixed Income Markets the week ahead
The aftermath of a Biden win is evident: a bear steepener in the U.S., and lower sovereign yields in the European space. The long list of Federal Reserve's speakers this week might give some clues on the central bank's next steps. It will be important to understand whether the Fed...
Biden’s trade policy : A partial reset
The Biden administration will be more moderate and mature on handling foreign affairs and will undoubtedly adopt a more multilateral approach on international trade issues, but a U-turn policy on China is very unlikely. The rhetoric will change, but the new administration will most probably pursue the same list of...
Podcast: Everything up rally extends further, led by Asia.
Today we look at the remarkable further extension of the post-US Election global equity rally, led by major Asian markets posting major new cycle highs. A look at the glass-half-full case for equities as well as whether gold traders have cause for pause on real interest rates here, and if...
BTC about to breakout to the upside! You ready?|9 Nov 2020
BTC to climb from its upside confirmation at 15526 where it could potentially bounce further to 16638 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BTC about to breakout to the upside! You ready?|9 Nov 2020
to climb from its upside confirmation at 15526 where it could potentially bounce further to 16638 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Breakout Identified in AUDUSD
Signal ID: 73929 Time Issued: Sunday, 08 November 2020 23:17:15 GMT Status: open Entry: 0.72738 - 0.73006 Limit: 0.73476 Stop Loss: 0.72407 The Breakout Opportunities system has just bought AUDUSD at 0.72849. The system recommends entering this trade at any price between 0.72738 and 0.73006. The signal was issued because...
Market Quick Take – November 9, 2020
Global equity markets are off to the races again after celebrating the major news media declaring that Joe Biden is set to become the next US president. US President Trump has yet to concede, but markets are not bothered by this detail, nor the fact that the US 2020 Election...
EURJPY could pull back to the trendline and drop from there!
EURJPY could pull back to the trendline and drop from there! Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.