dc CB 21:49 GMT October 27, 2016
The Election and Trading
Reply
Under the presidency of Bill Clinton, Glass-Steagall, the Depression-era act that once separated people�s bank deposits and loans from any kind of risky bets or other similar actions in which banks might engage, was repealed under the Financial Modernization Act of 1999. In addition, the Commodity Futures Modernization Act was passed, which allowed Wall Street to concoct devastating unregulated side bets on what became the subprime crisis.
Hillary Clinton, it�s reasonable to imagine that, in January 2017, she�ll launch the third term of Bill Clinton when it comes to financial policy, banks, and the economy. Only now, the stakes are even higher, the banks larger, and their impunity still remarkably unchallenged.
Consider President Obama�s current treasury secretary, Jack Lew. It was Hillary who hit the Clinton Rolodex to bring him back to Washington. Lew first entered Bill Clinton�s White House in 1993 as special assistant to the president.
Bill Clinton�s Treasury Under Secretary for International Affairs, Timothy Geithner worked with Robert Rubin, later championed Wall Street as president and CEO of the New York Federal Reserve while Hillary was senator from New York (representing Wall Street), and then became Obama�s first treasury secretary while Hillary was secretary of state.
One possible contender for treasury secretary in a new Clinton administration would be Bill Clinton�s Under Secretary of Domestic Finance and Obama�s Commodity Futures Trading Commission chairman, Gary Gensler (who was -- I�m sure you won�t be shocked -- a Goldman Sachs partner before entering public service).
Nomi Prins: Waking Up In Hillary Clinton's America
dc CB 20:49 GMT October 27, 2016
Friday Trading
Bezos Bombs
AMZN down $40 after earnings
dc CB 20:45 GMT October 27, 2016
Friday Trading
zerohedge @zerohedge
Ever since the SEC started looking into Goldman's EOD ETF rebal, the ramp is gone. Strange
3:02 PM - 27 Oct 2016
meaning the 3:30 to 4PM SToX Rampolooza
Mtl JP 20:22 GMT October 27, 2016
Friday Trading
re "fixed income markets got a pre-Halloween fright that interest rates might not remain at near-zero levels forever."
how about maybe some players realize that inflation numbers pumped out by officialdom are bullsh!t instead ?
If that is the case janet and her gang would have one h3ll of a problem of credibility. Could raise the qtn of who is ultimately bigger: the FED gang or the market. Exit doors could become both rather narrow and rare.
Captain Blood - Errol Flynn 1935 movie - quipped: "forewarned is forearmed" in an enduring bit of life's wisdom.
Mtl JP 19:50 GMT October 27, 2016
a few words from Vlad
"What, is America a banana republic?!"
what a grandiloquent question
dc CB 19:41 GMT October 27, 2016
a few words from Vlad
Reply
"Hysteria has been whipped up in the United States about the influence of Russia over the U.S. presidential election...
It's much simpler to distract people with so-called Russian hackers, spies, and agents of influence. Does anyone really think that Russia could influence the American people's choice in any way? The number of mythical, dreamt-up problems include the hysteria - I can't think of another word - that has broken out in the United States about the influence of Russia on the current elections for the US president."
"What, is America a banana republic?!"
Putin at the final session of the Valdai International Discussion Club�s 13th annual meeting in Sochi. More than 130 experts and political analysts from Russia and other countries are taking part in this year�s three-day meeting, titled �The Future in Progress: Shaping the World of Tomorrow�.
GVI Trading john bland 19:41 GMT October 27, 2016
Friday Trading
Reply
WEEKLY HIGH IMPACT NEWS:
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--
- Thursday saw bond yields back-up across the board as fixed income markets got a pre-Halloween fright that interest rates might not remain at near-zero levels forever. Equity and forex markets were closing mixed and nervous on the day.
- Friday sees U.S. preliminary 3Q16 GDP. Following September Advance Trade data Wednesday, CNBC said its tracking of private GDP estimates (due Friday) have been raised substantially to 3%+ from about 2.5%. The latest Atlanta Fed GDPNow forecast for 3Q16 GDP Thursday was 2.10% from 2.00% on October 19.
- Thursday saw the first estimate for 3Q16 UK GDP. This was first broad snapshot of how the economy has performed since the Brexit passage vote. GDP grew by +0.5% vs. estimates for +0.3%. This was another nail in the coffin for a BOE rate cut in the near term. Gilt yields closed at 1.257% +10.8bp.
- 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. Odds are the Fed will hike rates before putting policy on hold again for most of 2017. Fed Funds futures have zeroed in on roughly 70% odds (69%) on a rate hike. It looks to me like the hawks and doves have reached a deal. The hawks get 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: Mixed Msarkets
Mtl JP 19:26 GMT October 27, 2016
Long USDJPY
usdyen
I am biased using 105 now
while above 105 target 108 +
and trying to keep trades simple.
Stockholm Max 19:21 GMT October 27, 2016
forecast/research by: World Economic Forum
Hi Dil - good to see ya back!
What to expect from European real estate? Savety net because of EUR becoming worthless - or going down with everything else?
Hope you can stay here a little bit longer!
dc CB 19:07 GMT October 27, 2016
Wednesday Trading
dc CB 15:34 GMT October 26, 2016
REIT commercial property owners
GVI Forex Blog 18:15 GMT October 27, 2016
GVI Data Calendar for 28 October 2016
Reply
October 27, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, October 28, 2016.
- Far East: JP- CPI
- Europe: No Major Data
- North America: US- GDP, final University of Michigan, Rig Count, COT
WEEKLY HIGH IMPACT NEWS:
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
31-Oct Mon
06:00 DE- Retail Sales
09:00 EZ- GDP
09:30 EZ- flash HICP
12:30 US- Core PCE Deflator
1-Nov Tue
All Day EZ- Holidays
All Day final Mfg PMIs
03:00 AU- RBA Decision
2-Nov Wed
All-Day Mfg PMIs
03:00 JP- Bank of Japan Decision
7:55 DE- Employment
12:15 US- ADP Private Employment
14:30 US- EIA Crude
18:00 US- FOMC Decision
3-Nov Thu
00:00 JP- Holiday
All Day Service PMIs
11:00 GB- Bank of England Decision
12:30 US- Productivity
12:30 US- Weekly Jobless
4-Nov Fri
All Day Service PMIs
12:30 US- Jobs/Trade
12:30 CA- Jobs/Trade
GVI Data Calendar for 28 October 2016
Mtl JP 17:36 GMT October 27, 2016
Long USDJPY
PAR 17:35 GMT October 26, 2016
Long USDJPY: Reply
Looking for stops above 105
what is left to say? kudos (and without much of a drawdown to boot)
Mtl JP 17:26 GMT October 27, 2016
RISK ON
ib I agree that prospects of relative rates matter "not if things get crazy"
crazy and / or panicked means all reason s gone out the window
to take advantage of such situation one has to be present, sanguine and quick. makes for a great trading opp.
PAR 17:22 GMT October 27, 2016
RISK ON
I don t care . Out at 105.30 and going to watch the Night Manager on France 3 . Enjoy your evening .
Paris ib 17:19 GMT October 27, 2016
RISK ON
red it's just not a concept I'm interested in. I don't think it dictates long term trends. In a calm market, why not? But not if things get crazy.
london red 17:14 GMT October 27, 2016
RISK ON
fwiw relative yield is whats driven PAR's long usdjpy trade thru 105 today and whats stopped the euro becoming toast so far vs usd today.
Mtl JP 17:06 GMT October 27, 2016
RISK ON
Paris ib all you have to do is watch my trade calls I make on this forum
Mtl JP 17:05 GMT October 27, 2016
RISK ON
john bland 16:20 I can think of at least one good reason you would want to be around "when everyone rushes for the door": it is when you could be taking advantage of the madly for the door rushing crowd.
(make in one - two - three days what otherwise takes years if not decades trading off the 5 -60 min charts)
Paris ib 17:02 GMT October 27, 2016
RISK ON
JP let me know how those relative yield trades work out for you. :-)
Mtl JP 16:56 GMT October 27, 2016
RISK ON
Until I "<When you find that out" (thanks for the tip Paris ib) prospect of relative yields is what I use.
I d be all ears n eyes to see some DURATION based trade calls.
tia
Paris ib 16:28 GMT October 27, 2016
RISK ON
And this is not about 'relative yields'. That is an idiotic idea. This is about DURATION. How much paper is short term and needs to be refunded? How much is in the hands of foreign investors? When you find that out you know which currencies are gonna get hit as a consequence.
Relative yield is a dumb concept IMVHO.
Paris ib 16:25 GMT October 27, 2016
RISK ON
Exactly John. The question is: have they already started the rush for the exits? No-one (except maybe the FED) is gonna buy this stuff until we're done. And everyone is long to the gills. The bond market is where it's at. Everything else is just filler.
GVI Trading john bland 16:20 GMT October 27, 2016
RISK ON
ib- my worry is about fixed income. I don't want to be around when everyone rushes for the door. That will make 2008 look like a picnic!
Paris ib 16:10 GMT October 27, 2016
RISK ON
So I give you stocks for now. But the damage is being done. Honestly who would WANT to be President of the U.S. at a time like this? Better not answer that question.... :-)
PAR 16:06 GMT October 27, 2016
RISK ON
Yellen and the Queens are only focused on stocks .
Paris ib 16:01 GMT October 27, 2016
RISK ON
So buy bonds? Don't think so. Bonds first. Currencies next I guess and then stocks.
PAR 15:59 GMT October 27, 2016
RISK ON
Reply
On Wall Street miracles happen every day. Don t worry be happy .
Paris ib 15:59 GMT October 27, 2016
TREASURIES-Yields rise to five-month peaks in line with German, UK bonds -- Reuters.com
John... you don't need much to turn this thing. Ask yourself: what would it take for yields to head even lower or more negative? I mean we are done with that. Oil is headed higher, inflation is moving higher, the FED keeps talking rate HIKES.... we are done. The question is: how bad will this go the other side and what will be the fall out? I think carnage.
GVI Trading john bland 15:54 GMT October 27, 2016
TREASURIES-Yields rise to five-month peaks in line with German, UK bonds -- Reuters.com
I can't find a convincing trigger for the back-up in bond yields across the board today. The only compelling piece of news has been the U.K. GDP data earlier. The only other item I can point to has been the increase this week in expectations for U.S. GDP due early on Friday. The markets may be right or they might be jumping the gun. Only time will tell.
SaaR KaL 15:40 GMT October 27, 2016
USDJPY
Reply
i think SHorts near 105 is ok
tgt 104
Long near 103.35
PAR 15:35 GMT October 27, 2016
CASH
Reply
There is a big difference between cash which is yours or cash which is borrowed. Deutsche bank has some cash but most of it is borrowed . Deutsche borrowed a few billions before publishing its figures but that is not EQUITY .
PAR 15:30 GMT October 27, 2016
USDJPY
Reply
I just need USDJPY to move a little higher to take profit .
Paris ib 15:29 GMT October 27, 2016
CURRENT CONDITIONS: Mixed Markets
This is going to be a mess and 'they' have nothing in the tank. Nothing. All done in monetary policy. All done with fiscal policy. Fabulous. Seat belts people.
GVI Trading john bland 15:25 GMT October 27, 2016
CURRENT CONDITIONS: Mixed Markets
Equities Mixed to slightly lower, but bond yields spiking higher across the board. EUR up across the board on its crosses.
PAR 15:22 GMT October 27, 2016
BREAKING NEWS:
My grandson is very good at maths . I even explained him probabilities .
PAR 15:20 GMT October 27, 2016
RISK ON
Reply
Stock markets back in positive territory and everybody happy . Bilderberg will get Hilary elected , the wars and live will go on . Could become a movie ?
london red 15:17 GMT October 27, 2016
BREAKING NEWS:
PAR u said it. but traders never were smartest bunch. begins were from street mkts and thats where most belong.
Mtl JP 15:17 GMT October 27, 2016
BREAKING NEWS:
1) at 9 he is too young to understand
2) he has no PhD
london red 15:16 GMT October 27, 2016
BREAKING NEWS:
despite a gd showing frm us gdp expected tom, its a gd fade end of month for those short so think may not recoup all losses (the 10) but shud be gd 2 way here
PAR 15:15 GMT October 27, 2016
BREAKING NEWS:
Which idiot has been buying negative yielding bonds . I can not explain to my 9 year old grandson that he gives me 10 euros and I will give him 9 euro s back in a few years . He tells me I am Crazy .
Paris ib 15:06 GMT October 27, 2016
BREAKING NEWS:
If and when we get a real, sustained sell off in global bond markets, well, THAT will go down in history as a big moment. I think we are getting close. And then we really will see who is swimming naked.
PAR 15:03 GMT October 27, 2016
BREAKING NEWS:
Equities doing very well .
london red 14:58 GMT October 27, 2016
BREAKING NEWS:
bonds getting butchered...US 10yr cash index low was just a whisker from 50% top 2012 top/2013 bottom. while jgbs stuck this helps usdjpy but bund worse so supportive for eurusd
PAR 14:52 GMT October 27, 2016
BREAKING NEWS:
Probably a smoke screen . Used a lot nowadays .
PAR 14:47 GMT October 27, 2016
RISK ON
Reply
Lower dollar is another tool to boost US equities .
PAR 14:41 GMT October 27, 2016
GV Election Poll
The US president has no power . It is the US congress which is important .
Good presidentd like Kennedy and Obama play a lot of golf and do some other funny things ... .
Maybe Trump could be a good president ?
GVI Trading john bland 14:39 GMT October 27, 2016
BREAKING NEWS:
This forecast is well below latest street forecasts for Advance 3Q16 GDP of 3.00-3.50% due Friday.
GVI Trading john bland 14:36 GMT October 27, 2016
BREAKING NEWS:
Atlanta Fed GDPNow 3Q16 GDP forecast 2.10% from 2.00% on October 19.
Source: TTN
Paris ib 14:35 GMT October 27, 2016
GV Election Poll
Reply
No takers here on who wins the U.S. election? No-one even has an opinion about it? Has the issue become that toxic?
PAR 14:35 GMT October 27, 2016
PPT
PPT buying crude to boost oil stocks .
PAR 14:33 GMT October 27, 2016
PPT
Reply
PPT buying S & P futures . Markets must go higher .
PAR 14:26 GMT October 27, 2016
Deutsche Bank
Most of Deutsche Bank s cash comes from DEBT not from EQUITY .
PAR 14:23 GMT October 27, 2016
Deutsche Bank
Maybe small error in the valuation of the $ 47 billion derivatives position . The value is what I tell you the Value is .
PAR 14:20 GMT October 27, 2016
Deutsche Bank
Reply
Deutsche Bank dumping German Bunds like never before .They have a lot of cash ?
They need cash because they have a lot of debt.
GVI Trading Jay Meisler 14:11 GMT October 27, 2016
Exclusive: GBPUSD and USDCAD Patterns Revealed
GBPUSD pattern repeats yet again today.
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 john bland 14:01 GMT October 27, 2016
BREAKING NEWS:
Pending Homes Sales beat estimates. Get back over half of August's decline.
PAR 13:57 GMT October 27, 2016
USDJPY
Reply
Looking to take profit above 1050,20 .
Paris ib 13:53 GMT October 27, 2016
The Yanks won't vote for Nurse Ratched
I would be interested to hear what people here think will be the outcome of the U.S. election and what will be the impact on financial markets.
For me: Trump takes it. Markets do a Brexit. USD and Treasuries take a hit as do stocks. Gold will benefit.
Here is a video which suggests Trump will take it.
Don't know what to make of this
PAR 13:43 GMT October 27, 2016
BREAKING NEWS:
ECB may have to raise rates sooner rather than later . Booming European economies , falling unemployment , doubling of Brent prices , exploding prices of housing and office building constructions .
PAR 13:29 GMT October 27, 2016
BREAKING NEWS:
To extend or not to extend QE . To taper or not to taper that should be the question .
PAR 13:27 GMT October 27, 2016
RISK ON
Think before US election US GDP may print above 3.5% tomorrow .
GVI Trading john bland 13:26 GMT October 27, 2016
BREAKING NEWS:
ECB's Nowotny:
two decisions in December 1) how far to extend QE and 2) which assets to buy.
>>> TTN
Livingston nh 13:25 GMT October 27, 2016
RISK ON
43 is still WTI break point - Stox gap up on open BUT o/n futures were much lower so could be another choppy day
PAR 13:22 GMT October 27, 2016
RISK ON
Reply
Crude prices rising on risk on and higher stock markets . HFT will bring WTI above $ 50 before NY stocks open .y
Livingston nh 13:17 GMT October 27, 2016
BREAKING NEWS:
None of this oil soap opera should be a surprise - nobody is gonna cut - they're all on the balls of their azz // AND if they say FREEZE they are still lying
GVI Trading john bland 13:00 GMT October 27, 2016
BREAKING NEWS:
Report: Saudi Arabia asked Russia to cut oil output by 4%. Russia has offered to freeze production, but not cut.
>> TTN
Mtl JP 12:49 GMT October 27, 2016
Thursday Trading
Nowoty yaks at top of the hour
not expecting much in terms of market reaction
Mtl JP 12:37 GMT October 27, 2016
Thursday Trading
definitely a dis-appointing set of data release for trade action...
need a new catalyst
london red 12:34 GMT October 27, 2016
BREAKING NEWS:
euro. fighting 10dma/200hms 50% at 46 held yest, some stops over that. nxt res 67-75. air shud get thinner over 1.10
london red 12:23 GMT October 27, 2016
RISK ON
PAR still waiting for 13 and a half on db b4 fun can start.
london red 12:22 GMT October 27, 2016
Thursday Trading
so buy euro dip on headline beat as long as non defence cap goods soft.
PAR 12:22 GMT October 27, 2016
RISK ON
Markets cannot.go down. After DB profits I saw this one coming .New record highs before elections . Central banks and PPT took risk away .
london red 12:20 GMT October 27, 2016
Thursday Trading
durables will be last look b4 the gdp. v little exp on cap spending side. if can do well (ex trans) can lift usd. that said 10yr spread moved on a bit and favours further euro strength.
Mtl JP 12:09 GMT October 27, 2016
Thursday Trading
1.0925
for MY book, 8:30am NYT presents good odds of being a grade "A" risk for making/losing pips:
GV FOREX CALENDAR
Time Country Title Cons Last
27/10/16 12:30 A US Weekly Jobless 240 260
27/10/16 12:30 B US D/G ex-trans 0.20% -0.20%
27/10/16 12:30 B US Dur Goods 0.10% 0.10%
Beat or at least no "disappointing" data should see usd boogie
GVI Trading john bland 12:06 GMT October 27, 2016
Thursday Trading
Steady
DAX 0
DJ +27
SP +6
10-yr 1.825% +2.5bp
SaaR KaL 10:44 GMT October 27, 2016
USDCAD SHorts soon
Nikki coming drop IMO
Into next week 17600...will turn red
for <16,000 in Jan/2017
GVI Trading john bland 10:39 GMT October 27, 2016
Thursday Trading
Equities: flat
DAX -5
DJ +18
SP+1
Note U.S. above 1.80%
10-yr 1.832% +4.2bp
SaaR KaL 10:28 GMT October 27, 2016
USDCAD SHorts soon
MY EURUSD Plan to long until Jan/2017 is from / near 1.0660 or lower
tgt 1.12+
SaaR KaL 10:18 GMT October 27, 2016
USDCAD SHorts soon
Reply
USDCAD Getting close for a big dip
into 1.30 over the next 2 months
Generally above 1.3420
will short it
1.3490 to 1.3550 for 1.30 tgt
AORD Index (AUS)..IMO on rally mode into Mid Dec
5610 +
LONDON SFH 09:41 GMT October 27, 2016
UK
U.K. COMMONS TO HOLD BREXIT DEBATE ON MONDAY NOV 7
london red 09:39 GMT October 27, 2016
EUR/USD Forex Recommendation
just one part of the pie but spreads suggest a bit of upside for eurusd, that and the approaching us election which may trigger a bit more profit taking for usd possies that are a little stretched.
also interesting noises from censored life funds over last few days. today sumitomo saying will buy unhedged foreign bonds if yen down to 100. many awfully confident 100 will hold, seems pain trade will be below 100 and stay there for a while.
london red 09:31 GMT October 27, 2016
UK
JP bar servs, nothing really contributed to gdp, some parts even negative. capital spending is likely to be a drag for revs so likely as gd as it will get for q3. even so id like to see topside stops done as they can often hinder downside progress. and something else to keep in mind youve got some promising tech for eurgbp gains nearterm as well as poss month end flows which usually sup that cross.
Mtl JP 09:27 GMT October 27, 2016
UK
impressive amount of gbp sellers after the reaction to a stellar GDP
london red 09:17 GMT October 27, 2016
UK
art 50 quite clearly states that the nation declaring its intent to leave will remain a member for 2 years unless agreed upon to extend by all other members. this means there will be 2 years from art 50 being triggered. as for negotiations, it will be done via a qualified majority as per arti 238(3)(b) of the treaty. qualified majority is understands as 72% of the members of the council comprising at least 65% of the population of the union.
nobody is saying agreements will be easy to come by, hence the uncertainty will pull dwn sterling. but as always mkts will price in the worse and overshoot.just take crude as an example. it will be much the same.
Singapore 09:00 GMT October 27, 2016
EUR/USD Forex Recommendation
Reply
In Forex Market EUR/USD is going down:
current EUR/USD price 1.0911.
Recommendation to sell EUR/USD.
For more Forex trading Signals visit http://www.mmfsolutions.sg
Jia
LONDON SFH 08:58 GMT October 27, 2016
UK
Red
I think you need to look at Article 50 and what it means....no one has ever triggered it and whilst they write in a 2y period (or more) the process has never been tested. Do you believe all 28 EU states can ratify whatever deal they manage to draw up over over 2yrs? How long does that take,.,,,when Latvia, for example say no then its back to the drawing board and the process starts again. There will ALWAYS be something someone doesn't agree with when you discuss the whole of the EU and its laws. Wallonia has a population of around 3.5m and has scuppered a trade deal for 350m people....a tall order is the biggest understatement since Trump got called sexist
PAR 08:48 GMT October 27, 2016
German Bunds
Reply
German bunds crash on strong results of Deutsche bank , strong German economy and HFT trading .
london red 08:45 GMT October 27, 2016
UK
brexit guarandamnteed. dont doubt it. just a question of when. mps will vote on ratification but not on the triggering of the process. art 50 will be tripped next spring and the count down begins...its a tall orda to get it done it 2 years so sterling will suffer but will bottom b4 we see light at end of tunnel. anywhere from parity to 1.10 gud for lt but dont park the cash in gilts at that time.
PAR 08:41 GMT October 27, 2016
UK
Good news as UK is big contributor to EU budget . The longer they stay in the better .
london red 08:40 GMT October 27, 2016
BREAKING NEWS:
if cable can hold on to 50 at top of hour then dip at 20-30 during nxt hour worth a long for 12275/90 stop a few under 122. stops abv 12330 look safe for now tho even if tripped worth a fade
Paris ib 08:39 GMT October 27, 2016
UK
SFH - Whoa!! Now that's worth thinking about.
PAR 08:36 GMT October 27, 2016
RISK ON
Bonds tumble as shares rise .
london red 08:33 GMT October 27, 2016
BREAKING NEWS:
no cap inv details this time as first look so in a way this is as good as this number will get, revs will bring it dwn.
LONDON SFH 08:33 GMT October 27, 2016
UK
Reply
If Wallonia can scuper the EU-Canada Trade deal, there is no way that all 28 EU states will ratify a Brexit deal....even if it has taken 2yrs or more to find an agreement. That means we could find 5yrs down the line the UK is still an EU member.
So Sterling is just boosting the economy at the expense of the EU
GVI Trading john bland 08:31 GMT October 27, 2016
BREAKING NEWS:
GDP beats and gives the GBP a strong boost.
PAR 08:30 GMT October 27, 2016
RISK ON
Reply
Corporate profits too strong for risk off .
GVI Trading john bland 08:30 GMT October 27, 2016
BREAKING NEWS:
UK 3Q16 GDP
-- NEWS ALERT --
Q/Q +0.50% vs. +0.30% exp. vs. +0.70% (r ) prev.
Y/Y: +2.30% vs. +2.10% exp. vs. +2.10% (r ) prev.
TTN: Live News Special Offer
PAR 08:16 GMT October 27, 2016
Crude
Reply
Crude higher as stock futures move higher on HFT buying . Deutsche bank turbo charged the algos to the upside
london red 08:15 GMT October 27, 2016
Deutsche Bank
cable stops under 122 and ova 12250. selling interest expected towards 123 stops (big) ova 12330. sup seen 12170-50. if gdp worse but that zone holds, cable may rally backs to evens.
GVI Trading john bland 08:14 GMT October 27, 2016
Thursday Trading
WEEKLY HIGH IMPACT NEWS:
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
Trading Themes--
- Today sees the first estimate for 3Q16 UK GDP. This is first broad snapshot of how the economy has performed since the Brexit. The data could have implications for Bank of England policy. U.S. duable Goods Orders and Pending Homes Sales data are due, along with Weekly Jobless Claims.
- Following September Advance Trade data Wednesday, CNBC said its tracking of private GDP estimates (due Friday) have been raised substantially to 3%+ from about 2.5%.
- The GBP picked up support from comments by a junior government Minister who said both U.K. Houses would want to examine any agreement made between the EU and U.K. on Brexit. Parliament leans in favor of a "soft Brexit". Tuesday, Bank of England Governor Carney comments implied that a rate cut is improbable in light of the recent GBP slide.
- 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. Odds are the Fed will hike rates before putting policy on hold again for most of 2017. Fed Funds futures have zeroed in on roughly 70% odds (69%) on a rate hike. It looks to me like the hawks and doves have reached a deal. The hawks get 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: Mild Risk-Off
london red 08:06 GMT October 27, 2016
Deutsche Bank
db fallen back frm opening lvls, maybe they say something re fine in cc later.
gbp. could be a slight +ve surprise for gdp but would go a long way in terms of cable and its positioning.
PAR 08:03 GMT October 27, 2016
Deutsche Bank
Reply
Massive short covering . Euro should benefit from strong Germany ?
PAR 07:54 GMT October 27, 2016
CURRENT CONDITIONS:Mild Risk-Off
American markets to open higher on Unexpected TSLA profits . European futures moving up on Unexpected Deutsche Bank profits.
PAR 07:42 GMT October 27, 2016
CRUDE
Reply
More disorder among OPEC ranks comes as Iraq says that it will not reduce oil output because it needs funds to keep up its battle against ISIS.
Iraqi Oil Minister Jabar Ali al-Luaibi made the oil output disclosure over the weekend.
Iraqi forces are locked in a fever-pitched battle to retake Mosul from ISIS fighters. The militant group has been sending �suicide squads� from Syria to its Iraqi stronghold of Mosul, witnesses told CNN on Wednesday, as tens of thousands of Iraqi troops close in on the city.
Haifa ac 07:04 GMT October 27, 2016
New AP POLL: Hillary 51%
Reply
Trump 38%
In sharp contrast to current polls of 44-41.
13 % difference should be insurmountable.
PAR 06:14 GMT October 27, 2016
TSLA - Deutsche Bank
Reply
Creative accounting can always create profits . What happened to Sarbanes oxley act ?
Israel Dil 01:49 GMT October 27, 2016
forecast/research by: World Economic Forum
JP dude, relax!!! :-) - your sense of humor doesn't meets around the clock, so panic from crude, be a big boy !!!
crude: low/mid 40's high 30's for mid/high 60's low 70's during 2017, don't let noise to withdraw from plan
gold high 1500's mid 1600's and Silver mid/high 20's low 30's scheduled too... agriculture futures and live cattle promising too for some serious gains by trading (figure directions and rates yourself ;-)))
I assume you remember my YEARLY trading plans of one year ago... try to learn to enjoy more the parody of life!
dc CB 01:12 GMT October 27, 2016
Politics vs. Trading
Clinton Foundation�s Fundraisers Pressed Donors to Steer Business to Former President
Hacked email memo published by WikiLeaks details lucrative arrangements made for Bill Clinton
Mr. Band wrote the memo to lawyers at Simpson Thacher & Bartlett LLP who were reviewing the Clinton Foundation�s activities and links to Mr. Band. The Clintons� daughter, Chelsea, had sought the review because she worried that Mr. Band was �hustling business� for his consulting firm, Teneo Holdings, at the Clinton Global Initiative, according to a 2011 email by Ms. Clinton.
The Clinton campaign has refused to confirm or deny the authenticity of any of the hacked emails and, along with top U.S. intelligence officials, blamed Russia for stealing them from the account of Mrs. Clinton campaign manager John Podesta.
WSJ
We are starting an affiliate program to market some of our products.