Rebalancing of both equities and bonds was the story last week, this week will again be governed by the election. With no deal reached on the next round of US fiscal aid prior to the election, its all about the Senate race and the timing/size of more fiscal aid.As Donald...
US Election Countdown: T-minus One Day – Podcast Round-up
Today I offer a podcast round-up of the series of articles I have run on the US Election Countdown since last Tuesday, with a few maps on Electoral College scenarios, as well as final thoughts on where to focus as election night voting totals roll in. Today’s article is mostly...
Ocado shares up 9% on raised outlook and crucial robotics acquisitions
Ocado is lifting its profit expectations for FY20 driven by continued strong demand for online grocery shopping with management seeing the trend continuing for at least another quarter. Back in early May we highlighted a list of companies with exposure to the rising trend in online consumption driven by Covid-19....
FX Update: USD traders hold breath for US election. RBA up tonight.
The US dollar may have a hard time pressing its upside directional case any farther here until a clear picture emerges (or just as importantly, does not emerge) in the wake of the US election tomorrow. Tonight, the RBA meets and is likely set to cut rates and launch a...
Fixed Income Markets: the week ahead
Besides the US election, Treasuries will be sensitive to the Treasury's quarterly auction plan, the Federal Reserve meeting and jobs data. We believe that there is space for Treasuries to rally today and tomorrow with the 10-year Treasury yields falling as much as 5bps, while the 30-year Treasury yields have...
Possible trend shift in AUDJPY – going short
SELL 73.078 - 73.488 Add to Watch List Signal ID: 73864 Time Issued: Monday, 02 November 2020 00:00:16 GMT Status: open Entry: 73.078 - 73.488 Limit: N/A Stop Loss: 74.103 The Tidal Shift Strategy has just sold AUDJPY at 73.283. The system recommends entering this trade at any price between...
Podcast: Strong dollar, weak equities and treasuries ahead of US election
Today we look at the market action heading into this week as risk sentiment ex Asia remains in the dumps on new Covid-19 lockdowns and possibly on jitters ahead of the US election. A look at the steepening US yield curve and the drivers there and thoughts on the USD...
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
COT: Renewed rotation into grains out of energy and metals
Futures and options positions and changes made by hedge funds across 24 commodity futures during the week to October 27.Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...