This report was prepared ahead of Yellen’s latest offering Monday evening showing why we have to wait for major events before choosing out trades. But first lets take a look at last weeks events NFP strikes again and Yellen’s hawkish prose is put back…… Read more…
Black Swans and Elephants This week has got off to a risk-on start, appetite for equities fired by the Goldman Sachs comments pushing oil further. Recovery has been seen in commodity currencies. There are serious roadblocks ahead and not all the analysts agree with…… Read more…
Some warnings have been heard in various parts of the interconnected market place and a very distinct risk-off sentiment has gathered pace as the week unfolded. Equities have been particularly weak, as concerns grow over corporate earnings and the warnings of a bear market…… Read more…
As we prepared last Monday for three central banks we did so with an accepted market wide bias. Three decisions, two surprises and one outrage followed and the market showed its shock. The BOJ stand accused of at best misleading the market and at…… Read more…
Another look at the underlying fundamentals , the market sentiment and where the opportunities may be lurking. It is not an easy market, but as any professional knows there are ways to gain an edge. It begins with understanding the drivers and the global…… Read more…
D-day was Sunday as we headed into the Opec /Non opec meeting in Doha. For some, including the writer, the move up in the crude market which preceded it was more about the prospect than the result, which is why we buy rumour and…… Read more…
Here we go again! Janet Yellen had her say at the New York Economic club and seemed to drive another nail into the coffin of central bank confidence. The USD lost value in response to her dovish rhetoric, questions as to global micro management…… Read more…
What is in the calendar for March can seriously affect your trading plan with the two big meetings ahead, the first on Thursday with the ECB stepping up to the plate…at least the market hopes so, and then the FOMC on 16th. We…… Read more…
We are all aware of just how difficult the current environment is to trade especially if you prefer the long trends and bigger time frames. It is what it is. Volatility can be a friend or an enemy but what is essential is to…… Read more…
From fragile Opec ‘agreements’ to the growing piles of debts, Cameron’s ‘deal’ with the EU attempting to avoid a Brexit and a never ending global mountain of QE, the sense of futility in outcomes hovers in the background of what actually turned out to…… Read more…