The Emerging Market Brief is a new publication from SaxoStrats summarizing the latest macro and market developments in the EM world. This week, we focus on the DXY, tomorrow's Banxico meeting, the TRY and the surprising economic resilience of Russia.What is our focus ? The dollar index looks firmer today...
Podcast: Rising US yields rip through gold and silver in chaotic move
The US 10-year yield was only up 6.6 basis points yesterday but the move was enough to set in motion a selling pressure so large that liquidity dried up causing a dramatic downside move across both gold and silver. Long duration assets such as technology stocks were also hit but...
Presidential candidate Joe Biden chose Kamala Harris as his vice president
The choice of vice president is a safe-bet by Bidden but also giving his campaign solid staying power and intellect. Kamala Harris is real person with CV to back it up.Impact: This is important – More than 90% of all clients I talk to believe Trump will prevail – 90%....
Market Quick Take – August 12, 2020
The S&P 500 benchmark fell for the first time in eight days yesterday while the technology-heavy Nasdaq traded lower for a third day. Another rise in US bond yields ahead of three key bond auctions weighed on all markets with a correction in gold and silver turning decisively ugly. News...
XAUUSD reverses, key support level to enter ! | 12 Aug
XAUUSD reverses, key support level to enter ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a...
XAUUSD reverses, key support level to enter ! | 12 Aug
XAUUSD reverses, key support level to enter ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a...
Breakout Identified in AUDJPY
SELL 75.761 - 76.047 Add to Watch List Signal ID: 72890 Time Issued: Wednesday, 12 August 2020 02:05:15 GMT Status: open Entry: 75.761 - 76.047 Limit: 75.176 Stop Loss: 76.318 The Breakout Opportunities system has just sold AUDJPY at 75.956. The system recommends entering this trade at any price between...
Macro Dragon: Overnight Gold & Silver Mayhem, Biden picks VP
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...
Gold and silver consolidate after surge
Gold and silver both correcting lower following a phenomenal three-week surgeWhat is our trading focus? XAUUSD - Spot gold XAGUSD - Spot silver XAUXAG - Gold-Silver ratio IGLN:xlon - iShares Physical Gold ISLN:xlon - iShares Physical Silver ____________________________________________________________________________________________________ UPDATE from August 12: Spot Gold (XAUUSD) and Spot Silver (XAGUSD) - need to...
Q2 earnings were worse than expected but investors are pricing a ‘new world’
Earnings were bad in Q2 and worse than expected six weeks ago although the provided outlooks have improved and bolstered forward earnings expectations. It is clear from dividend futures that the market expect companies to rebound in terms of earnings but lower the payout ratio to either repay debt or...