The FOMC meeting yesterday was all about shifting the new monetary statement to reflect that the Fed is shifting to a new Average Inflation Targeting regime. But perhaps as the implications of this shift are only relevant once signs of inflation pick up and the Fed fails to react, investors...
Macro Dragon: SNOW’s +112% debut, Fed In-line + Japan’s “Sugar”
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
FOMC Summary: A first look at the required conditions to raising rates
What was of interest for investors is that the Fed has moved closer towards explicitly tying future hikes with objective-based metrics tonight.Tonight’s FOMC meeting was uneventful. Without much surprise, the Federal Reserve is committed to keep rates near zero through 2023 until it achieves maximum employment. In addition, QE stimulus...
FX Breakout Monitor: September 16, 2020
A look at the latest set of currency pairs that are breaking out to new levels and ways to trade these developments. Today, the USD continues weaker against Asian FX, with the JPY perking up more broadly as well.Today’s Potential New Breakout Signals Today we highlight five potential breakouts today...
Crude oil finds a bid following a 15% correction
Crude oil update with focus on what has supported the recovery seen this weekWhat is our trading focus? OILUKNOV20 – Brent Crude Oil (November) OILUSOCT20 – WTI Crude Oil (October) ____________________________________________________________________________________________________ WTI Crude Oil (OILUSOCT20) and Brent Crude Oil (OILUKNOV20) have both managed to find support following their recent sharp correction...
Strong ZEW number suggests significant upside in European equities
Yesterday's strong ZEW reading suggests European equities will be much higher over the coming months if history any guidance.Yesterday the ZEW Expectations of Economic Growth Index for September hit 77.4 vs. estimated 69.5 hitting the highest level since May 2000. Given the ongoing uncertainty over Brexit with Boris Johnson’s latest...
Podcast: The return of Tesla options punters, Europe upside potential
Today we sift through the positive session in US equities yesterday and note the return in full force of Tesla options speculators, who traded staggering volumes of call options yesterday. We also look at whether European equities remain underappreciated as they trade in a very narrow channel, note interesting developments...
ETH approaching resistance, potential drop!
ETH reversed off its resistance at 374.97 where it could potentially drop further to 347.79. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH approaching resistance, potential drop!
ETH reversed off its resistance at 374.97 where it could potentially drop further to 347.79. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UK : Deflationary forces intensify
A quiet day in Europe with the most important release being the UK CPI for the month of August. It confirms that deflationary forces are intensifying in post-lockdown period.In July, the official UK CPI figures surprised on the upside with the biggest driver being a strong rise in fuel prices...