Today, the FOMC meeting might disappoint the market provoking a sudden rise in yields which could see the 10-year Treasury yields breaking their pivotal 1% level. As yields are poised to rise throughout the next year, investors need to start thinking about how to hedge against them. Historically, emerging markets...
Explosive growth outlook for iPhones, and mega merger in cannabis
Apple is planning 30% increase in iPhone production next year sending the shares up 5% while Aphria and Tilray have agreed to merge creating the world's largest cannabis producer. Apple shares were 5% higher yesterday pulling the equity market higher driven by a story from Nikkei News stating that the...
USDCAD reversed from resistance, potential drop!
Price is reversing from our sell entry as well as descending trendline, potential for further bearish momentum.
USDCAD reversed from resistance, potential drop!
Price is reversing from our sell entry as well as descending trendline, potential for further bearish momentum.
Possible trend shift in CHFJPY – going short
The Tidal Shift Strategy has just sold CHFJPY at 116.748. The system recommends entering this trade at any price between 116.598 and 116.898. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.784, which suggests that...
Podcast: Apple jumps. Will FOMC disappoint?
Today we discuss the significant comeback in US equities yesterday, led by a very strong Apple on its intent to ramp up production or next year. Also, a look into gross margins and whether they can remain as elevated as they are today given the limitations of the physical world...
EURGBP might pull back to trendline before more drop!
EURGBP might pull back to trendline before more drop!
EURGBP might pull back to trendline before more drop!
EURGBP might pull back to trendline before more drop!
Market Quick Take – December 16, 2020
The US equity market shook off the weakness of the prior day and rallied sharply yesterday, and Asian equities were largely in a positive mood as well ahead of the FOMC meeting late today, where we get a test of both whether the Fed is ready to continue to bring...
FX Update: Eyeing Wednesday FOMC meeting expectations
The FOMC meeting tomorrow is arguably the last major macro event risk for the year. The meeting carries with it the risk of a market temper tantrum if investors fail to get what they want, namely, even more accommodation from a Fed that has been providing everything expected and more...