Mtl JP 22:54 GMT October 25, 2016
Trade Off The Cretins Corner
Here�s what Poloz said:
�At the present time, it is true that there is an excess of economic capacity. It is clear in the labour market and production. We�ve seen a number of symptoms of this. And the level of the gap is exerting downward pressure on the inflation rates. This is another process that will eventually be eliminated. We hope to eliminate this gap � it will probably take about two years. Around the middle of 2018, we expected this gap will be closed. And it is clear that the interest rates are encouraging growth. But other policies could have the same result, particularly fiscal policy. The two of them work together in order to close this particular gap in the coming 18 months.
�There�s nothing mechanical about it. Each of these decisions is a complex combination of risks. And we have to weigh the risks of waiting longer against what are the costs associated with doing something more immediate.
�We�re not far away � if we were to be easing further, we�d been very close to using unconventional tools. And so, that is of course, not a decision we would take lightly. And when we have the Canadian economy operating on two tracks � one track doing reasonably well, and the certain regions doing quite well, and others adjusting through something quite difficult, it�s not as easy as it sounds to speed up the fast growing parts to offset the slow growing parts. If everything was the same, it would be, in many ways, an easier decision to do that kind of thing.
�So, this is what I mean by the uncertainties. They�re multi-dimensional. We do a fresh adjustment every time and, again, we can�t plan it out that way, but our best plan right now, we think, is to wait for the next 18 months or so.�
Here�s what Poloz meant:
My statement concerning the need to wait 18 months was in reference to the time frame over which the output gap is expected to close, as noted in the bank�s October Monetary Policy Report. It was not intended as a reference to the bank�s monetary policy.
Mind the gap: The pitfalls of central-bank speak
dc CB 21:46 GMT October 25, 2016
Wash DC 'da place to be, Millenieal Blues
Reply
Their $2,250-a-month �junior one-bedroom,� overlooking the bustling bar and restaurant scene along 14th Street NW, is �massive� at 500 square feet, says manager Jason Tremblay, grinning. That�s because the smallest of The Harper�s 144 units are practically shoeboxes at 350 square feet.
A mile away, on 17th Street NW, in Adams Morgan, Meaghan Wolff, 37, bought a condo in July in the new Moda 17 building � $304,000 for about 400 square feet
One unit in the building is 630 square feet and priced at $549,000, he says. Of the other 44 condos, the smallest, costing $229,000, is 275 square feet.
After paying $2,500 a month for a normal-size one-bedroom apartment in the high-rise Capitol View on Fourteenth building, a half-mile away, Wolff moved to Moda 17 after it opened this year because she wanted to accumulate equity.
�Sometimes I have a hard time with it,� she says. �Because I�m 37, and I think, �Why am I this old and still living in such a small space?� That�s not supposed to happen.
�micro-units�
Mtl JP 20:57 GMT October 25, 2016
Wednesday Trading
uascad related
CN Rail revenue falls 6.5% as freight volumes decline
dc CB 20:44 GMT October 25, 2016
Wednesday Trading
Apple pumped to 121.84 then Dumped now 115.40ish
GVI Trading john bland 20:41 GMT October 25, 2016
Wednesday Trading
large build in crude. WTI lower.
GVI Trading john bland 20:18 GMT October 25, 2016
Wednesday Trading
We could at any time, but it may require higher inflation figures first...
Mtl JP 20:17 GMT October 25, 2016
Wednesday Trading
john do you thnk we could see 80+ percent odds ?
be a nice trade setup if y, what do u think ?
GVI Trading john bland 20:16 GMT October 25, 2016
Dollar slips after BoE\\\'s Carney douses bets on European easing -- Reuters.com
Reply
"The U.S. dollar slipped from a nearly eight-month high against the euro and a roughly three-month peak against the yen on Tuesday after comments from Bank of England (BoE) Governor Mark Carney cast doubt on expectations for more monetary stimulus in Europe.
Carney said the BoE would "undoubtedly" take sterling's weakness into account at its rate-setting meeting next week. His comments doused expectations that the central bank would cut rates again soon and also hurt expectations that the European Central Bank would lean toward more aggressive easing, analysts said. In early September, the BoE said it was likely to cut rates again this year if the economy slowed as it expected..."
dc CB 20:11 GMT October 25, 2016
The Daily Email Dump #18
Team Clinton has succeeded in perpetuating one of the greatest evils I have seen in my lifetime. Her side has branded Trump supporters (40%+ of voters) as Nazis, sexists, homophobes, racists, and a few other fighting words. Their argument is built on confirmation bias and persuasion. But facts don�t matter because facts never matter in politics. What matters is that Clinton�s framing of Trump provides moral cover for any bullying behavior online or in person. No one can be a bad person for opposing Hitler, right?
As far as I can tell, the worst thing a presidential candidate can do is turn Americans against each other. Clinton is doing that, intentionally.
Intentionally. Therefore�
I endorse Donald Trump for President of the United States because I oppose bullying in all its forms.
The Bully Party - Scott Adams
GVI Trading john bland 20:10 GMT October 25, 2016
Wednesday Trading
The Fed Funds Market Sentiment Barometer reflects current sentiment about a future change in Fed policy. Odds for one rate hike by yearend are: +69% from +69% late Monday.
GVI Trading john bland 19:44 GMT October 25, 2016
Wednesday Trading
Reply
WEEKLY HIGH IMPACT NEWS:
26-Oct Wed
All Day flash SVC PMI
00:30 AU- CPI
14:00 US- New Homes Sales
14:00 US- Pending Homes Sales
14:30 US- EIA Crude
27-Oct Thu
08:30 GB- GDP
12:30 US- Weekly Jobs
12:30 US- Durable Goods
23:30 JP- CPI
28-Oct Fri
12:30 US- GDP
14:00 US- University of Michigan
30-Oct Sun
00:00 RZ/GB Clocks turn back one hour
Trading Themes--
- Testimony Tuesday by Bank of England Governor Carney to the Economic Affairs Committee of the House of Lords impacted trade in that Carney did not send the signal for a rate cut that many had been hoping for. He indicated that the Central Bank takes the value of the pound together with other factors in determining policy. That suggested to many that an early rate cut is improbable in light of the GBP recent slide.
- The German IFO Survey for October wes stronger than expected. The ever-optimistic IFO said the German economy continues to gain "impetus". This news gave the EUR a modest lift.
- U.S. October Conference Board Consumer Confidence Survey fell short of forecasts and the September release was revised down. This news weighed on the USD and equities.
- Markets continue to try to reconcile the prospects for a Fed policy tightening in December with Yellen's new notion of a high-pressure economy. It could be the central bank will hike rates in December before putting policy on hold again for the better part of 2017. Fed Funds futures have zeroed in on roughly 70% odds (69%) on a rate hike in December. The Fed is still counting on the economy to pick up. It looks to me like the hawks and doves might have reached a compromise. The hawks will take a December token rate hike in return for the doves getting a steady monetary policy next year.
John M. Bland, MBA
co-founder Global-View.com
CURRENT CONDITIONS: Risk-Off
dc CB 19:28 GMT October 25, 2016
Tuesday Trading
for the remainder of the day.
API Crude.
Apple reports.
Israel Dil 19:26 GMT October 25, 2016
Pierre Moscovici's taxation plan to show BREXIT as Britain's right choice
JP
the whole federal computer network is hacked and to turn rouge player, mister X to press a button and millions of arrest warrants to enter the system. 18th century weapon caused so much mess last weekend in the east coast, wait and see what's going to happen when that side turns serious.
Mtl JP 19:13 GMT October 25, 2016
Pierre Moscovici's taxation plan to show BREXIT as Britain's right choice
Dil 19:07 did u notice the type of equipment and training american cops have been getting recently from 0? it is nuff to make Israel's army pink with envy... and u want civil unrest on us streets ? the civilians are overwhelmingly under-armed if u have not noticed.
dc CB 19:12 GMT October 25, 2016
The Daily Email Dump #18
Mtl JP 19:04 GMT
don't know about votes but it gives some real meat for the Committee Hearings that will commence in Nov.
The ques I have: since Obama apparently lied on tape about his knowledge of the server, can he still pardon Hillary?
Mtl JP 19:09 GMT October 25, 2016
The Daily Email Dump #18
oh and also a bit of thx to the BoC cretin Poloz for his natural confusion that saw usdcad dump some
Israel Dil 19:07 GMT October 25, 2016
Pierre Moscovici's taxation plan to show BREXIT as Britain's right choice
Reply
the disconnect from EU was the greatest British could do, Pierre Mosocovici and his Bilderberg (Soros) backed taxation policies are to bring huge job losses and wide civil unrest throughout Europe.
any bets on America staring to have civil unrest November 9th thanks to a Soros company?
Mtl JP 19:06 GMT October 25, 2016
The Daily Email Dump #18
I owe a thx to Iraq and Vlad:
WTI oil futures settle below $50/bbl for first time in over a week
-
re those emails and such: stox are only somewhat off , i.e no hrc disbelievers yet
dc CB 18:59 GMT October 25, 2016
The Daily Email Dump #18
Reply
Wikileaks email: Clinton lawyer warned campaign chairman John
Podesta that President Obama had emails sent from Hillary's private account
Obama said in a taped interview with CBS that he learned about the email address 'through news reports'
'We need to clean this up'
Israel Dil 18:43 GMT October 25, 2016
Deutsche Bank WARNING: Fears 'robot traders will trigger GLOBAL CRASH' on THURSDAY
Buy Gold
Entry: Target: Stop:
Muhammad and Ahmed to take financial care for aging Ludwig, Hans, Franz and their wives, that's the plan. Plan not to work, then 1933 x5 to happen.
Let's look at reality as it really is, drawing the conclusion that Europe is dead seems to be logic and not panic.
1933 that's the point in history to revisit Germany and the rest of Europe. It's never the Germans fault, so this time the blame the robots. are robots the new Jews?
PAR 17:19 GMT October 25, 2016
Tuesday Trading
Us consumer is no longer important for the US economy. It is all about the FED .
PAR 16:49 GMT October 25, 2016
Tuesday Trading
PPT getting into action . HFT buying full speed ahead .
PAR 16:47 GMT October 25, 2016
Draghi
Draghi blames weak EURO on lack of monetary union and banking union . Not weak because of monetary policy ?
Draghi drinking too much Limoncello ?
PAR 16:43 GMT October 25, 2016
Draghi
Reply
We will keep collecting Protection Money till we hit inflation target . We will keep collecting PIZZO forever .
Livingston nh 16:43 GMT October 25, 2016
Tuesday Trading
in a few minutes we see if the rubes are buying the 2 yr -- compare rates to last year when Yellen "promised" a rate hike
PAR 16:33 GMT October 25, 2016
PPT
PPT - AAPL numbers will be Fantastic . Buy Buy Buy
london red 16:30 GMT October 25, 2016
BREAKING NEWS:
gbp. mkt wasnt expecting a cut this year, comments were just an excuse to take profits as no more bad news to come in near future so a case of running downside stops and i bet we see a run at top side before nxt wk is out.
GVI Trading john bland 16:27 GMT October 25, 2016
BREAKING NEWS:
weaker exchange rate is stimulative and presumably mitigates the need for a rate cut? BOC "forever" has explicitly taken into account the value of the exchange rate in monetary policy.
GVI Trading john bland 16:25 GMT October 25, 2016
BREAKING NEWS:
Carney:
-- BOE will take moves in GBP into account in next policy decision.
PAR 16:22 GMT October 25, 2016
PPT
Reply
Yellen working the phone . Please BUY BUY BUY .
GVI Trading Jay Meisler 15:48 GMT October 25, 2016
Tuesday Trading
Register for the Amazing Trader 
I posted the Carney verbal intervention comment although bounce would have to get back above 1.2185 to put 1.22 back in play.
EURUSD took out HOD stops but paused so far below 1.0899, which is the key resistance where more significant stops would be resting.
Amazing Trader called the shift in directional risk to the upside well in advance.
It is shown in this short follow up video
Amazing Trader in real-time Part II
PAR 15:40 GMT October 25, 2016
Tuesday Trading
ECB monetary policy =
The pizzo is protection money paid to the Mafia often in the form of a forced transfer of money, ... Collecting the pizzo keeps the Mafia in touch with the community and allows it to ... Around 80 per cent of Sicilian businesses pay up a pizzo.
PAR 15:37 GMT October 25, 2016
PPT
Reply
PPT encouraging HFT to buy stock futures . Markets must go higher .
GVI Trading john bland 15:35 GMT October 25, 2016
Tuesday Trading
Draghi:
-- Monetary policy protecting interests of savers.
-- Would prefer not to leave rates low for an excessively long time.
>> TTN
PAR 15:32 GMT October 25, 2016
ECB
ECB's bank watchdog warned on NPL clean-up drive
SSM may need clearer enforcement process to boost bad loan provisioning, says regulator
london red 15:29 GMT October 25, 2016
Carney
carney in charge of brexit lord no. 50% of days fall at 12162
PAR 15:27 GMT October 25, 2016
Carney
Reply
Looks like Carney wants to be in charge of Brexit negotiations .
london red 15:26 GMT October 25, 2016
CURRENT CONDITIONS: Risk-Off
barriers defended in both euro (10850) and yen 105. given nature of such defence there shouldnt be massive downside for usd on squeeze now but yen can see 104 before done as barely traded in yest range. euro has some stops over 109 but will be a sell when done. eurchf back to pre snb intervention levels. looks like will go under 108 this time before rebounding unless they kill stops through 109/10950.
GVI Trading john bland 15:24 GMT October 25, 2016
Tuesday Trading
October 25, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, October 26 2016.
- Far East: AU- CPI
- Europe: No Major Data
- North America: US- Advance Trade, flash SVC PMI, New Homes Sales, EIA Crude, 5-yr Auction
WEEKLY HIGH IMPACT NEWS:
25-Oct Tue
08:00 DE- IFO
14:00 US- CB Consumer Confidence
26-Oct Wed
All Day flash SVC PMI
00:30 AU- CPI
14:00 US- New Homes Sales
14:30 US- EIA Crude
27-Oct Thu
08:30 GB- GDP
12:30 US- Weekly Jobs
12:30 US- Durable Goods
14:00 US- Pending Homes Sales
23:30 JP- CPI
28-Oct Fri
12:30 US- GDP
14:00 US- University of Michigan
30-Oct Sun
00:00 RZ/GB Clocks turn back one hour
PAR 15:21 GMT October 25, 2016
Iraq
Reply
Iraq has become another Vietnam .
GVI Trading john bland 15:15 GMT October 25, 2016
CURRENT CONDITIONS: Risk-Off
bond yields falling as equities and WTI fall. So far Carney has not encouraged speculation about an early BOE rate cut. He continues to testify.
Mtl JP 15:13 GMT October 25, 2016
BREAKING NEWS:
nh 14:54 these revered cretins with PhD's mitigate the uncertainty principle with pomp, pretense and assumed "I am an "expert" you are a pleb my words mean more than yours" social positioning.
Just remember that Mark has been scaremongering about brexit and he is on record hissing that "global warming is one of the biggest risks to economic stability".
One can make money off this cretin. Either by agreeing or not with him.
PAR 15:07 GMT October 25, 2016
PPT
Reply
PPT buying US stock futures . Wall Street helping Hilary . Hilary helping Wall Street . Yellen helping Hilary and Wall Street .
Mtl JP 15:04 GMT October 25, 2016
BREAKING NEWS:
is Mark fighting to keep his job / rock star reverence?
GVI Trading john bland 15:00 GMT October 25, 2016
BREAKING NEWS:
Carney:
-- we do not target the exchange rate, but we are not indifferent to it. Watching GBP.
GVI Trading 15:00 GMT October 25, 2016
BREAKING NEWS:
Carney:
- BOE does not target the exchange rate, but we are not indifferent to it
- Source TradeTheNews.com
GVI Trading john bland 14:58 GMT October 25, 2016
Tuesday Trading
US- 10-yr 1.747% -1.8bp following data (was above 1.78% earlier today)
Livingston nh 14:54 GMT October 25, 2016
BREAKING NEWS:
These guys are too much -- they're all on about the SAME thing // How in the world would CARNEY or anybody know the proper level of R*?? Heisenberg ??
GVI Trading john bland 14:50 GMT October 25, 2016
BREAKING NEWS:
Carney:
-- Level of equilibrium interest rates has fallen.
LONDON SFH 14:43 GMT October 25, 2016
BREAKING NEWS:
Monetary Policy is way past what it can do already and now the idiot realises it
PAR 14:41 GMT October 25, 2016
BREAKING NEWS:
Monetary policy is all about wealth distribution , not creation of wealth . Carney never created any wealth for the UK economy , nor for the Canadian economy . He just took a huge salary paid by hard working taxpayers .
GVI Trading john bland 14:40 GMT October 25, 2016
BREAKING NEWS:
Economic Affairs Committee
Tuesday 25 October 2016 Meeting started at 3.35pm
Webcast
GVI Trading john bland 14:37 GMT October 25, 2016
BREAKING NEWS:
Carney:
-- Monetary Policy cannot do everything
>> TTN
PAR 14:36 GMT October 25, 2016
CHINA
Reply
Another Day, Another Record Low for the Chinese Yuan
Mtl JP 14:35 GMT October 25, 2016
Tuesday Trading
corr. not Governors... Lords
Mtl JP 14:33 GMT October 25, 2016
Tuesday Trading
could the Governors cast doubt on the "rock star"s lifespan as BoC governor ? This cretin has been all fear about brexit... could not have been wronger
Mtl JP 14:30 GMT October 25, 2016
Tuesday Trading
gbpusd 1.2099 ahead of the rock star
I am using only my straddle robot for this trade opportunity
and carefully at that
PAR 14:28 GMT October 25, 2016
ECB
Reply
Imho it looks more and more like the ECB is governed by the Italian mafia . Buildings which costs three times more than budget . Special treatment for some specific financial institutions . Leaking of inside info to befriended hedge funds . Etc . Is this normal ?
Mtl JP 14:28 GMT October 25, 2016
Tuesday Trading
"rock star" of banking Mark Carney about to yap at House of Lords at 35 past the hour
GVI Trading john bland 14:00 GMT October 25, 2016
BREAKING NEWS:
BIg miss in Confidence
Mtl JP 13:55 GMT October 25, 2016
Tuesday Trading
Jay Meisler 13:12 pretty aggressive usdyen numbers.
think usdyen reflects player perceptions of Janets kubuki rates theatrics ?
GVI Trading Jay Meisler 13:12 GMT October 25, 2016
Tuesday Trading
Register for the Amazing Trader
Market taking turns again and GBPUSD under pressure ahead of Carney (great alert by John)
USDJPY busting through 104.64 key res, if above it then little until 107s other than psychological 105.
EURUSD performing according to the Amazing Trader roadmap with stops run below 1.0859. Now dependent on 1.0850 holding or 108.25 comes on the radar. EURUSSD lagging as EURGBP pops higher.
Livingston nh 13:11 GMT October 25, 2016
Tuesday Trading
EUR/GBP 21 dma is just below 89 and the 4 hr shows a spike higher -- might be a good fade
GVI Trading Jay Meisler 13:02 GMT October 25, 2016
GBPUSD annd USDCAD Patterns Revealed
And the GBPUSD pattern repeats as well... USDCAD pattern repeats again today. Waiting now for GBPUSD to repeat.
There is a GBPUSD trading pattern I have uncovered that is repeating daily and should continue to do so. There have only been three days that it did not repeat since the June 23 vote to Brexit.
There is a similar pattern in USDCAD that has repeated 89% of the days so far this year.
Recognizing this pattern can create high probability trading opportunities on a daily basis and you can now get access to it.
Send me an EMAIL for details.
Mtl JP 12:57 GMT October 25, 2016
Tuesday Trading
Pivot 1.0878
Sup 1 1.0856 - still holding
who knows for how long ?
tia
Mtl JP 12:55 GMT October 25, 2016
Tuesday Trading
eurdlr front-running FHFA House prices ?
at top of hour
Haifa ac 12:53 GMT October 25, 2016
The Yanks won't vote for Nurse Ratched
Unfortunatelyy today "yanks" (are the hispanics and the other minorities "yanks?"--are so ignorant - they do not know who Nurse Ratchet is.
If Trump wins now-- it will be such a blow to the MEDIA and many Trillionaires--- they may contest the elections!
Mtl JP 12:47 GMT October 25, 2016
Tuesday Trading
ya and an hour later he is followed by bazooka mario
Livingston nh 12:47 GMT October 25, 2016
BREAKING NEWS:
JP - if Yellen can con the 3 dissenters into the consensus in November on the basis of election harmony then her job is done --- December hike will begin to drift away on a cloud of "concerns"
GVI Trading john bland 12:38 GMT October 25, 2016
Tuesday Trading
JP- Note Your favorite "rock star"...
25/10/16 14:35 A GB Carney Testimony n/a n/a
Mtl JP 12:29 GMT October 25, 2016
Tuesday Trading
keep on BoD usdcad down to 1.3250 if seen
Paris ib 12:24 GMT October 25, 2016
The Yanks won't vote for Nurse Ratched
SFH it's certainly going to be an interesting election and AFTER the election is going to be even more interesting.
Mtl JP 12:19 GMT October 25, 2016
Tuesday Trading
FOREX CALENDAR
Time Country Title Cons Last
25/10/16 13:00 B US Case-Shil 20 yy 5.10% 5.10%
25/10/16 14:00 A US CB Cons Confidence 101 104.1
25/10/16 14:00 C US Richmond Fed -4 -8
gv calendar
Only one A-rated risk trade opportunity to make/lose pips this morning.
GVI Trading Jay Meisler 12:14 GMT October 25, 2016
GBPUSD annd USDCAD Patterns Revealed
Reply
USDCAD pattern repeats again today. Waiting now for GBPUSD to repeat.
There is a GBPUSD trading pattern I have uncovered that is repeating daily and should continue to do so. There have only been three days that it did not repeat since the June 23 vote to Brexit.
There is a similar pattern in USDCAD that has repeated 89% of the days so far this year.
Recognizing this pattern can create high probability trading opportunities on a daily basis and you can now get access to it.
Send me an EMAIL for details.
GVI Trading Jay Meisler 12:12 GMT October 25, 2016
Tuesday Trading
Register for the Amazing Trader
EURUSD in repeat pattern from yesterday where it failed in the 1.0890s in a market that seems to be taking turns. Now dependent on 1.0859 (double bottom) holding and then regaining 1.0880+ to suggest potential for a bottom.
Using daily/weekly charts, target remains for 1.0825 (or lower) as long as below 1.0913.
PAR 12:05 GMT October 25, 2016
Monte Paschi
Reply
Bad mafia debt.disappear like snow for the sun.
Bad debt transferred to ECB and European taxpayers.
Italian mafia finds Chinese mafia to invest more money in BMPS with
state guarantees. Crooked ECB .
LONDON SFH 10:49 GMT October 25, 2016
The Yanks won't vote for Nurse Ratched
Trump would most likely only survive for 1 term too...clinton with all her games and shenanigans could get away with much more
Paris ib 10:41 GMT October 25, 2016
The Yanks won't vote for Nurse Ratched
The L.A. Times is reporting Trump is ahead in their polls.
"which is the most dangerous of the two evils and that's easy" the most dangerous candidate is Clinton because the press has already proved that it won't subject her Presidency to any scrutiny.
Poll Bias and Election Danger
GVI Trading john bland 10:32 GMT October 25, 2016
Tuesday Trading
Equities a bit better
DAX +38
DJ +25
SP +3
10-yr 1.782% +1.7bp
GVI Trading 10:12 GMT October 25, 2016
Sterling weak, eyes on BOE's Carney -- Reuters.com
Reply
"Oct 25 Sterling slipped on Tuesday, weighed down by expectations that the Bank of England Governor Mark Carney could flag the possibility of further monetary easing when he speaks later in the day.
Carney appears at the House of Lords Economic Committee to discuss the economic consequences of the Brexit vote and he has the potential to unsettle the pound which has been trading in a $1.22-$1.23 range in the past few sessions.
Traders said with investors pricing out chances of a near-term rate cut from the BOE, a dovish tone from Carney could see the market start to re-price the prospect of a rate cut and push the British pound lower..."
Sterling weak, eyes on BOE's Carney -- Reuters.com
nw kw 09:58 GMT October 25, 2016
CHINA
USD/CNH traded at 6.7836
revers concept softer ching increases aud value, so eur?
GVI Trading john bland 08:34 GMT October 25, 2016
Tuesday Trading
WEEKLY HIGH IMPACT NEWS:
25-Oct Tue
08:00 DE- IFO
14:00 US- CB Consumer Confidence
26-Oct Wed
All Day flash SVC PMI
00:30 AU- CPI
14:00 US- New Homes Sales
14:00 US- Pending Homes Sales
14:30 US- EIA Crude
27-Oct Thu
08:30 GB- GDP
12:30 US- Weekly Jobs
12:30 US- Durable Goods
23:30 JP- CPI
28-Oct Fri
12:30 US- GDP
14:00 US- University of Michigan
30-Oct Sun
00:00 RZ/GB Clocks turn back one hour
Trading Themes--
- Today has seen the German IFO Survey for October. The ever-optimistic IFO said thae economy continues to gain "impetus". The U.S. releases the Conference Board Consumer Confidence Survey later.
- Markets continue to try to reconcile the prospects for a Fed policy tightening in December with Yellen's new notion of a high-pressure economy. It could be the central bank will hike rates in December before putting policy on hold again for the better part of 2017.
- U.S. Bond yields remained depressed following mixed U.S. data and the recent Yellen comments. Both the Fed and BOE have started to make it clear that they would ignore an inflation overshoot to get their economies growing again.
- Last week, the ECB policy statement and Draghi comments were taken to be dovish. The ECB used its standard rhetoric and said no decision on a "taper" would be announced until the December meeting.
John M. Bland, MBA
co-founder Global-View.com
CURRENT CONDITIONS: Risk On
GVI Trading john bland 08:02 GMT October 25, 2016
BREAKING NEWS:
IFO beats solidly
PAR 07:42 GMT October 25, 2016
CHINA
Reply
The offshore yuan traded near a record low as Chinese policy makers signalled they are willing to allow greater currency flexibility amid a slump in exports and an advance in the dollar. USD/CNH traded at 6.7836.
PAR 07:40 GMT October 25, 2016
USD
Reply
Before US elections all US data will surprise to the upside and US dollar and US stock markets will move higher .
PAR 07:27 GMT October 25, 2016
CRUDE
Reply
Smart money looking for another big unexpected draw in crude inventories . Boost the stock market before the elections .
Singapore 07:02 GMT October 25, 2016
Latest Forex Signals Updates
Reply
Today in Forex market NZD/USD currency is going Down.
Reccomendation:
SELL NZDUSD 0.7160 TARGETS 0.7135 0.7105 STOPLOSS 0.71950
OUR TARGET IS ACHIEVED.
FOLLOW UP FOR OUR LIVE FOREX SIGNALS.
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ForexSignals
Hong Kong 03:23 GMT October 25, 2016
AceTrader Oct 25: Intra-Day News and Views EUR/USD
Reply
25 Oct 2016 02:31GMT
EUR/USD - ...... Although the single currency gained respite in choppy Monday's trading after meeting renewed buying at Asian open one tick above last Friday's 7-month low at 1.0859 and rebounded, price hit session highs of 1.0900 following upbeat German n EU mfg PMIs.
However, renewed selling emerged pushed price lower, euro retreated to 1.0869 in New York after upbeat U.S. mfg PMI and then to 1.0868 at Asian open, suggesting intra-day downside bias remains for a re-test of 1.0859, then later towards daily chart obj. at 1.0821.
Offers are tipped at 1.0890/00 and more above with stops above 1.0920.
A mixture of bids and stops is touted near 1.0860, suggesting selling euro on recovery is recommended.
Although there is release of a slew of EZ data, market focus is the key German Ifo business climate (confidence) index, October forecast is 103.0 vs previous reading of 103.0.
If actual reading comes in at or below street forecast, then euro should come under renewed selling pressure.
Later today, ECB President Mario Draghi will speak at a forum on the topic "Stability, Equity and Monetary Policy" in Berlin at 15:30 GMT.
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