US futures looking to open DOwn, currently ~160pts (~-0.5%)
letsee... stocks down -> usd uP -> euro DOwn (alternately: us stocks uP ---> DLRx DOwn ---> EURO uP)
dc CB 03:57:42 GMT - 01/28/2021
62Bln in 7ys on the Block thurs afternoon. by the Yellen Treasury
Mtl JP 15:04:34 GMT - 01/27/2021
Mtl JP 18:40:09 GMT - 01/26/2021
janet Not Another Financial Crisis in Our Lifetimes yellen (she is 74)
..."One of the strangest signs may be a recent job application Einhorn said he had received via email from a from a 13-year old who says he quadrupled his money since February.".../..
US and European stocks down (is the reason important ?)
DLRx uP at 90.58
10-yr 1.035 (uP off its 1.03 low)
Mtl JP 07:33:39 GMT - 01/26/2021
Powell + Biden + Yellen
trio is in
= _____ trade ? tia
Mtl JP 07:12:42 GMT - 01/26/2021
Asian markets pull back
Crooks stole at least $11 billion in California jobless benefits in 2020, official says
PAR06:52:20 GMT - 01/26/2021
When you need to $ 183 trillion in us treasury notes in three days because you need the cash the US needs to make stocks a little less attractive to lower yields on US treasury paper.
Mtl JP 23:56:49 GMT - 01/25/2021
Yellen Confirmed; DLRx @ 90.32
dc CB 23:55:10 GMT - 01/25/2021
dc CB 15:46 GMT 01/24/2021
Go Big. $183Billion on the block from the Biden Treasury (Gammy's shop?). First test for them in the GlobalMarket.
record low yield of 0.125%.
The Bid to Cover was solid, rising from 2.453 last month to 2.668, and also well above the 6-month average of 2.52.
Indirects taking down 56.5%, up from 49.2% last month, and solidly above the 50.6% recent average.
Directs taking down 15.65% - in line with recent months - Dealers were left holding on to 27.9% of the auction, the lowest since April 2020.
According to Bloomberg, real-estate data analytics firm Green Street released a new report outlining how the office space market in San Francisco will be the worst-preforming market in the US for 2021. Even though office vacancies in Manhattan are at record highs, it appears San Francisco tops New York City as companies reevaluating their space thanks to the pandemic.
Green Street estimates that rent and occupancy may plunge 22% in San Francisco this year, the largest expected decline of any other city in the country. New York was number two with -17%, Los Angeles in third at -9%.
Keystone Pipeline Killed.
Sorry Justin...they told me to sign it, what else could I do.
Speculation---Alberta crude , destined for an easy downhill ride to the Gulf Coast refineries...the ones that can handle that sludge.
Oh where oh what----pipelined(?) it to BC(British Columbia the western-most province on the Pacific) and ship it to China---???
What say you Justin?
Mtl JP 00:40:53 GMT - 01/24/2021
(on this day Jan 23 2020 canada got its first covid infection by way of a character who landed in Toronto from wuhan. then minister of health said have no fear we have everything under control)
It may be the moment of truth for stock-market investors with the Fed and the busiest week of earnings ahead - by Mark DeCambre Jan. 23, 2021
appl crushing it again... wot still cant get no iphones...sales going to the moon
Mtl JP 19:04:27 GMT - 01/21/2021
DLRx 90.01 LoD
after US stocks made - yet again - all time highs
Israel MacroMicro 13:48:35 GMT - 01/21/2021
USD:CAD: looking to take longs around top of the hour
Israel MacroMicro 13:29:42 GMT - 01/21/2021
USD about to show a muscle
Mtl JP 11:06:29 GMT - 01/21/2021
when stocks look uP -> DLRx looks DOwn
DLRx 90.19, just above its earlier 90.14 low
Mtl JP 08:16:26 GMT - 01/21/2021
post grifter's "unity" babble
asians, european and early us stocks slight uP tendency
Gold uP some at 1869
Crude off a bit
DLRx sitting at 90.35 after it bounced off 90.22/20 Sup
but off 90.92 recent high's
Israel MacroMicro 03:11:05 GMT - 01/21/2021
selling indices here:
let us see :)
Syd jg 01:41:56 GMT - 01/21/2021
We can only hope it wipes out as many Deplorables as possible...Is that the plan?
dc CB 01:38:57 GMT - 01/21/2021
The Biden team, Bloomberg says, is "increasingly worried the coronavirus pandemic is spiraling out of control - imperiling his promise to contain the outbreak - as cases and deaths mount, vaccinations lag and a more-transmissible strain emerges in the US."
The way the editors framed the issue, they made it sound as if any potential surge in cases later in the year - for whatever reason, even something totally unforeseen like more viral mutations (the other day, brazilian media warned of a new hyper-infectious strain emerging in the Amazon) - would be President Trump's fault, not Biden's and the Democrats.
Bidens " socialist policies " will be good for your Deplorables. Get it DC?
dc CB 01:35:42 GMT - 01/21/2021
I can't get no, oh, no, no, no, hey, hey, hey
That's what I say
I can't get no satisfaction, I can't get no satisfaction
'Cause I try and I try and I try and I try
I can't get no, I can't get no.
Update (2018ET): Portland's KATU News says Portland Police are arresting protesters at the "J-20 march."
A group of violent demonstrators gathered in Southeast Portland on Wednesday afternoon, hours after President Joe Biden and Vice President Kamala Harris were sworn in at the US Capitol. The leftist anti-government group appeared displeased with the new administration as they attacked the building of the Democratic Party of Oregon.
Local news KGW reports the group of at least 100 people, dressed in all black, marched through Portland.
KGW's Mike Benner posted a series of tweets showing the chaos unfolding in Portland as there was "significant damage at the Democratic Party of Oregon bldg at 9th & Everett."
post-grifter's installation DJIA closed at 31,188.38 +258pts or .83%
lets see if Nikkei does monkey see monkey do
Israel MacroMicro 19:00:50 GMT - 01/20/2021
most probably the financial dish the central bankers are busy to cook will cause global food poisoning.
when too many doing the same thing, too many will suffer.
Mtl JP 18:54:08 GMT - 01/20/2021
"Yet hear me clearly: disagreement must not lead to disunion."
PAR18:42:16 GMT - 01/20/2021
I think Lagarde and Yellen both work for BlackRock and corporate America. They don't care about Europe or the rest of the world.
Kw Kw 18:41:51 GMT - 01/20/2021
Next.xag having drop XAUAUd.chash....good for CAd.gl.free..mxn...usa oil up....free
london red 18:39:24 GMT - 01/20/2021
what ever yellen does mkt has more fath in her then in lagarde, beyond that i think it doesnt really matter. for now usd may stay on back foot, but i think usd will get legs when they stop printing later this year or if us gets a grip on virus and vaccines. at that point you will want to stand out of the way of usd.
Ed Kw 18:38:11 GMT - 01/20/2021
Jkt. Servints live on planets I'm star god.bow
Mtl JP 18:33:19 GMT - 01/20/2021
Red u think janet is going to out-hussle christine on the nega-rate front ?
london red 18:26:45 GMT - 01/20/2021
JP, europe in particular germany is having a hard time with virus and vaccines. they are about 2 to 3 weeks behind uk. this may wear off in next few days. i am in favour of buying dips
Mtl JP 18:25:02 GMT - 01/20/2021
stocks uP / at 90.46 DLRx dead in water
one is wrong
london red 17:41:13 GMT - 01/20/2021
i guess we are riding with biden. mkts up whats not to like
Belgrade Knez 17:38:27 GMT - 01/20/2021
Democrats are back in US ..... new war on horizon somewhere in the world! :(
Israel MacroMicro 17:33:42 GMT - 01/20/2021
good luck to Biden, I hope he will be successful to make overwhelming majority of people happy. after all, this is his job now.
Ed Kw 17:30:31 GMT - 01/20/2021
Not in this realm holy grale. From stars and past to fuk over this world or run it as got made me.j.crist.f y all.mine
Israel MacroMicro 16:59:57 GMT - 01/20/2021
long Sir Branson companies the easiest money to make while Biden is the POTUS?
Obama's friend is Joe's friend?!
Mtl JP 16:48:09 GMT - 01/20/2021
obama to the grifter:
‘Congratulations to my friend, President Joe Biden! This is your time’
Jkt Abel 16:26:02 GMT - 01/20/2021
Edmonton kw, from which alien planet are you? Nobody can understand you.
sleepy joe to
- extend nationwide eviction moratorium
--- (hahaha... wanna be real-estate landlord?)
- extend student loan payment pause to sept
oil loves it, so does DJIA
Mtl JP 15:14:33 GMT - 01/20/2021
USDCAD Sup at 1.2625/20
Mtl JP 15:09:57 GMT - 01/20/2021
as things are relative player reaction is probably more to yellen than to BoC
Mtl JP 15:04:22 GMT - 01/20/2021
BoC stays pat 0.25%
Mtl JP 14:58:49 GMT - 01/20/2021
BoC and MPR at top of the hour
Israel MacroMicro 05:02:33 GMT - 01/20/2021
NK signalling: I am tired :)
gl / gt
Mtl JP 19:07:29 GMT - 01/19/2021
stuck. beween 1.2150 and 1.21
dc CB 14:11:44 GMT - 01/19/2021
Really she's thinking---not a single one of these senators has the stones to dare ask Gammy a tough question.
PAR 11:45:39 GMT - 01/19/2021
Après moi la déluge.
That's what Yellen is thinking.
jkt abel 10:24:58 GMT - 01/19/2021
so here comes the Avengers led by Yellen?
Mtl JP 10:22:47 GMT - 01/19/2021
Yellen says smartest thing to do now is ‘act big’ to help struggling Americans
With interest rates at historic lows, benefits will far outweigh the costs, Biden’s pick for top Treasury job will tell Senate
..."n testimony prepared for delivery to the Senate Finance Committee on Tuesday, Yellen said that she and the president-elect have an appreciation for the country’s debt burden.
“But right now, with interest rates at historic lows, the smartest thing we can do is act big,” Yellen said. “I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time.” ...
FED officials and PPT organizing sharp reversal of market decline after a week of bad news.
dc CB 18:03:49 GMT - 01/15/2021
January 14, 2020---W.H.O. announced to the world that “Preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel #coronavirus (2019-nCoV) identified in Wuhan, China.”
thats true stox went negative for year...briefly. ft100 did a nice reversal at close after a bust channel. looking constructive. one hops gor early week weakness and then a stronger finish. to next wk.
Mtl JP 17:36:01 GMT - 01/15/2021
this is good one ...
ya hear jerome: a rebel !
Fed’s Kashkari says he’s not worried about inflation ‘shooting way above’ 2% rate
PPT in full buying mood. Markets may not close down, certainly not with option expiration.
Mtl JP 16:20:25 GMT - 01/15/2021
DAY RANGE 1.090 - 1.128
Mtl JP 16:11:00 GMT - 01/15/2021
o o o o o ..... typo
Mtl JP 16:09:48 GMT - 01/15/2021
EURO 1.21818 LoD sofar
as Sup holding
Mtl JP 15:13:23 GMT - 01/15/2021
just for the record:
Mich cons sentiment come out as 79.2 vs 79.5 exp'd
next up kashkari yaks at top of hour
Mtl JP 15:09:30 GMT - 01/15/2021
1.2080 = day sb 1.2080 = 50day ma
Mtl JP 15:08:15 GMT - 01/15/2021
1.2080/76 should be relatively solid band Sup
1.2080 = day, 76 prev day low
how-ever, mine could also be "famous last words"
Mtl JP 14:56:54 GMT - 01/15/2021
POOF ! 1.21 Sup
Mtl JP 14:42:19 GMT - 01/15/2021
DJIA 30797.71 down 194 or -.63%
early barf on biden's "stimulus" babble
see how the day concludes
Mtl JP 14:15:10 GMT - 01/15/2021
IF euro breaks 1.2100 "convincingly"
1.2057 comes on radar
Calendar (still to come)
10:00 Michigan sentiment (79.7 80.7)
one hour later: Kashkari (on economy, in case players misunderstood jerome on something)
Mtl JP 14:02:51 GMT - 01/15/2021
DLRx - steady with a slight tilt uP, dollar dumping appears on pause
10-yr 1.105% (1.0950 - 1.1250% current s/t range)
EURO - slight tilt DOwn
-- 1.2150 on top, 1.2110/00 1.2080 Sup
Mtl JP 09:14:23 GMT - 01/15/2021
apparently in mental decline Biden plans half-million dollar scrub-down of White House before moving in (not clear yet who ll foot the extra bill)
" ‘The economy is facing a long, slow recovery’: There are 16 unemployed American workers for every 10 job openings "
Biden on Thursday rolled out a coronavirus relief plan with a price tag of $1.9 trillion, a sweeping measure that includes cash payments to Americans and money for distributing COVID-19 vaccines.
“I know what I’ve just described does not come cheaply, but a failure to do so will cost us dearly,”
“The consensus among leading economists is we simply cannot afford not to do what I’m proposing. Independent, respected institutions from around the world, from the Federal Reserve to the International Monetary Fund, have underscored the urgency. Even Wall Street firms have reinforced the logic.” .../..
January 14, 2020---W.H.O. announced to the world that “Preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel #coronavirus (2019-nCoV) identified in Wuhan, China.”
Mtl JP 23:11:46 GMT - 01/14/2021
oh oh ouugh.. ahead of his speech.
why ... no "let me sniff your hair" around strong enough to get senile joe's get up 'n goat to read from his teleprompter ?
President-elect Joe Biden on Thursday rolled out a coronavirus relief plan with a price tag of $1.9 trillion, a sweeping measure that includes cash payments to Americans and money for distributing COVID-19 vaccines.
Biden’s team released the plan ahead of his speech that was due to take place at 7:15 p.m. Eastern in Wilmington, Del. The address comes less than a week before he’s slated to be inaugurated as president, and a day after the House of Representatives voted to impeach President Donald Trump for a historic second time.
The plan calls for increasing direct payments to $2,000 from the $600 already hitting bank accounts, meaning stimulus checks of $1,400 would go out.
New coronavirus plan could reportedly reach $2 trillion
President-elect Joe Biden will unveil his coronavirus action plan on Thursday evening. President-elect Joe Biden on Thursday evening will unveil his coronavirus relief plan, a sweeping measure expected to include cash payments to Americans and money for distributing COVID-19 vaccines.
Biden plans to detail his proposals in Wilmington, Del., at 7:15 p.m.
Options driven melt-up this time not in Tech but in the energy Sector.
As noted this week by ZeroHedge:
'Earlier this week, we showed why the energy sector in general, and the largest energy company in particular - Exxon - were set for a major melt up: simply said, the gamma melt up that dominated the tech space had shifted to energy stocks.
For those who don't, on Tuesday we asked readers if they recalled the "gamma squeeze" in various tech names amid the unprecedented Robinhood/SoftBank call buying frenzy from the summer/late 2020? Well, while SoftBank's market manipulation unit may have been "incapacitated" for the time being after suffering major losses, the record call buying has continued into 2021 as retail daytraders have put their $600 (and soon $2000) "stimmy" checks to "good" use. In fact, just last week we saw that 4th and 5th highest call volume days in history!'
about tapering asset purchases:
"the economy is far from our goals"
"now is not the time to talk about exit strategy"
"our guidance is outcome not time based"
"will very clearly and well head communicate if when that should happen"
london red 18:03:58 GMT - 01/14/2021
think he wanted to leave it in no uncertain terms that they can tame any over inflation. as u said its important mkt believes this so saying it probably amounts to that. fed playing both sides here saying they got both the top and bottom sides if needs be.
Mtl JP 17:57:23 GMT - 01/14/2021
interesting: powell expressed confidence AND threat of using ("no-one should doubt that") in fed having tools to counter an exuberant take-off in inflation should it try to occur
london red 17:30:12 GMT - 01/14/2021
second wave yet to peak in the states i dont think he will dream of touching anything until that passes and biden does his package. otherwise they would be pulling in opposite directions. think he will try to avoid saying to much apart from underlining rates not going up for a long time.
lakewood jjlkwd 17:29:40 GMT - 01/14/2021
Merkel wants to strengthen Germany's lockdown, according to a Bild report.
The euro is the weakest performer today. German cases have leveled off recently but the report says Merkel may even be thinking about closing schools.
Mtl JP 17:27:32 GMT - 01/14/2021
Gold 1847-ish, inflation and interest sensitive puppy, should be a good gage of how the mushrooms are going to react to powell's feeding:
Higher if players perceive mucho free money forever
Lower if he utters some hallucinations about new improved economic recovery expectation
london red 17:19:18 GMT - 01/14/2021
french announcing tighter curfews
Mtl JP 17:17:16 GMT - 01/14/2021
photoshop's wonderful magique on the 67-yr old's pic
Mtl JP 17:13:40 GMT - 01/14/2021
powell yaks at princeton webinar
at bottom of hour
CS I consider the pair "leading", basically I am bearish USD
and eyeballing 1.2650 Sup
london red 15:00:32 GMT - 01/14/2021
JP. i think all fed can do is manage yield rise. the trend of the 10 will be a gentle higher move, i think thats the best fed can achieve. so buy yield dips as they return to trend. and maybe fade bigger spikes higher.
Mtl JP 14:54:28 GMT - 01/14/2021
I am expecting players to be subjected to hot n cold , good cop bad cop type buffets today: jerome first, joe later
keeping close eye for priceaction in bonds/yields, stocks, DLRx and eur/dlr
for opportunistic scalping
Mtl JP 14:48:04 GMT - 01/14/2021
testing s/t Sup
Mtl JP 14:33:03 GMT - 01/14/2021
DJIA opens uP 111pts
Mtl JP 14:27:49 GMT - 01/14/2021
us stocks looking to open ever so slightly uP
keeping in mind that the chinese agent and basement dweller is expected to spout later this eve something about economic "support"
i.e. desire to spend gigagobbs of opm
Mtl JP 14:08:44 GMT - 01/14/2021
puppy appears gagging on 1.2150
action appears to itch to scratch 1.2104/00 and... lower
Res at 50 / 75 / 1.22 1.2225
Mtl JP 10:34:55 GMT - 01/14/2021
"Biden is set to speak at 7:15 p.m."
La Dolce Vita. Partying and setting Wall Street records with borrowed money.
Privatising profits while socialising losses.
Mtl JP 19:06:29 GMT - 01/13/2021
U.S. budget deficit climbs to $144 billion in December - MarketWatch
Mtl JP 18:44:19 GMT - 01/13/2021
oh how cute: the FED's generosity with the Treasury has no bounds nut
Households are plundering 401(k)s to survive the COVID-19 crisis - MarketWatch
PAR18:39:41 GMT - 01/13/2021
Even Italian yields move back down after that strong US auction.
Mtl JP 18:36:47 GMT - 01/13/2021
red the trick : remain flexible
london red 18:29:17 GMT - 01/13/2021
bond yields crashing whoda thought it. they cannot afford to pay high yields. tomorrow powell may crush the last yield bulls.
Israel MacroMicro 18:25:19 GMT - 01/13/2021
LUMBER / LBS
as expected :)
dc CB 18:22:13 GMT - 01/13/2021
After yesterday's "stellar" 10Y auction, which according to many came at just the right time to avoid a crash in the bond market - first, and then in stocks - moments ago we got the other, just as closely watched auction, today's sale of $24 BN in 30Y paper which likewise could have make, or break, the bond market if it was a dud.
Well, it wasn't, and in fact today's 30Y auction was one of the strongest ultra auctions in recent history.
sub 1.2150 euro puppy looking to chew 1.2130 stops
Mtl JP 15:57:42 GMT - 01/13/2021
water under bridge now so just for the record:
Economic News Release
Consumer Price Index Summary
8:30 a.m. (ET) January 13, 2020
"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in December on a seasonally adjusted basis after rising 0.2 percent in November"
Mtl JP 15:24:31 GMT - 01/13/2021
today's mushroom feeders
Bullard - already on record:
-- says all signs point to inflation rising Reuters
-- Two Fed Officials Push Back on Talking Bond Taper Any Time Soon Bloomberg
13:00 Brainard on her Economic Outlook
14:00 Harker on his Economic Outlook
14:00 Beige Book
15:00 Clarida on Fed’s New Framework
time in NYT
Mtl JP 15:17:44 GMT - 01/13/2021
puppy showing that 50 is base Sup and 1.2180/90 1.22 Res
so currently slave to the prancing whim of the DLR
tom may be another ball of wax w/ECB dec minutes
PAR14:52:38 GMT - 01/13/2021
So many Fed speakers today cheerleading the markets higher and yields lower.
Today, US stocks will have to move higher with so much verbal support from Fed and Wall Steet officials.
Belgrade Knez 12:08:19 GMT - 01/13/2021
Mtl JP 11:20 GMT January 13, 2021
JP great indication for sure ..... even better one is USDCHF .... to see eurusd movement I always watch usdchf.... great inverse correlation .....
ed kw 12:02:49 GMT - 01/13/2021
need take on gbp for its puling eurusd up monthly's to.tks.notin.gstrings.nob
Mtl JP 11:20:25 GMT - 01/13/2021
USD goes uP -> Euro goes DOwn
easy as 1 ... 2 ...
Mtl JP 09:11:51 GMT - 01/13/2021
current outlook for US session: wishi-washi mixed
‘Hopes are pinned on the incoming Biden administration, leveraging [a Democratic] Senate majority, to emphatically tackle COVID.’
— claims Mizuho Bank
Mtl JP 08:31:47 GMT - 01/13/2021
naah ... no ycc
FW CS 23:37:05 GMT - 01/12/2021
Yup I figured it would fill. These dollar rallies are only about 24-48 hours so solid downtrend to me. We ought to see an acceleration down if $ visits 89 again
Mtl JP 22:11:57 GMT - 01/12/2021
classic mushroom feeding: (feed 'em sh!t and keep 'em in the dark)
Fed's Rosengren says it will be a while before officials taper asset purchases
UPDATE 1-Fed's Rosengren says U.S. economy could see robust recovery in second half of 2021
Fed Presidents Reiterate Call for Diversity & Inclusion
January 12th, 2021, 3:33 PM EST
Boston Fed President Eric Rosengren, Dallas Fed President Robert Kaplan, Cleveland Fed President Loretta Mester and Minneapolis Fed President Neel Kashkari discuss diversity and inclusion. (Source: Bloomberg)
Mtl JP 21:56:57 GMT - 01/12/2021
CS 22:20 Jan 11 - hope the chart is as pleasant for your eyes as the jinggle in your wallet
DLRx GAP now POOF !
some of my best trades are the ones I just sit on
dc CB 18:55:03 GMT - 01/12/2021
the WI trading at 1.172% at 1pm ET, the sale of $38BN in benchmark paper stopped at 1.164%, stopping through by 0.8bps, the biggest stop through July 2020, even if it was more than 21bps higher compared to the December 0.951% yield.
The Bid to Cover was also quite impressive, rising from 2.33 in Dec to 2.45, the highest since October and above the six-auction average of 2.41.
The internals were also solid, with Indirects taking down 62.2%, virtually unchanged from last month, and also above the 61.2 recent average. More notably, Directs took down 17.8%, the most since December 2019, leaving Dealers holding just 20% of the take down.
mushroom feeders either demuring on changing policy (mester) or spouting optimisms about econ prospects (bullard)
at top of hour rosengren yaks on Economic Outlook
Mtl JP 18:05:26 GMT - 01/12/2021
might surprise ... surprise who ?
Fed’s George says inflation might surprise to the upside
Published: Jan. 12, 2021 at 1:00 p.m. ET
By Greg Robb
While not a near-term threat, price inflation has moved up ‘quite sharply’ for some goods, Kansas City Fed president says
Mtl JP 18:02:28 GMT - 01/12/2021
Goldman Sachs stock surges toward a record, adds more than 60 points to the Dow's price
Published: Jan. 12, 2021 at 12:54 p.m. ET
By Tomi Kilgore
Mtl JP 17:58:08 GMT - 01/12/2021
at Sup head of the GAP
london red 17:50:44 GMT - 01/12/2021
hourly candle on stocks here has chance decide direction for remainder of session up/dwn
london red 17:36:36 GMT - 01/12/2021
Mtl JP 17:08 GMT 01/12/2021
the 30 is now at summer 19 tantrum low, think will pause here til powell. as for the 10 if powell blinks we could have 132/142 quite quickly. i suspect this would be a problem for tech and quite probably wider mkt altho u feel financials would outperform in that scenario. however the cynic in me sees powell talking it down. they cant be rolling over debt up there, not yet
Mtl JP 17:08:49 GMT - 01/12/2021
Mtl JP 14:24:16 GMT - 01/12/2021
red 14:11 that was because soldmanygafs was not consulted for permission
london red 14:11:10 GMT - 01/12/2021
a few years ago mkt had a taper tanturm after fed announced it may taper. this time its a taper tantrum before they announced it.
Mtl JP 14:02:45 GMT - 01/12/2021
fears , FEARS lol
2-year/10-year Treasury yield curve steepest since mid-2017
Published: Jan. 12, 2021 at 8:53 a.m. ET
By Sunny Oh
The U.S. yield curve continued to steepen amid fears of more fiscal stimulus under a Democratic-controlled Congress and growing questions whether the Federal Reserve may ease off its accommodative policy stance earlier than forecast. The spread between the 2-year TMUBMUSD02Y, 0.152% and the 10-year note TMUBMUSD02Y, 0.152%, a gauge of the yield curve's slope, stood at 1.02 percentage points, the widest since around May 2017. A steeper yield curve can reflect heightened growth and inflation expectations among bond traders. Some of the weakness in longer-dated Treasurys also reflected broker-dealers making room for new issuance this week, with an auction of $38 billion of 10-year notes due in the afternoon
Mtl JP 13:56:36 GMT - 01/12/2021
10-yr 1.168 slightly off 1.173 high so far
mnuchin will try to peddle 30billion worth of 10-yr paper at 13:00hrs
Mtl JP 07:28:15 GMT - 01/12/2021
CB and revising history to boot:
Facebook says it’s taking down all content referencing ‘stop the steal’
somebody s got to have an archive ?
dc CB 07:13:33 GMT - 01/12/2021
Mtl JP 05:39 GMT 01/12/2021
Case in point. I ran for President ans spent WTFKnows pocket change. Twas a lark.
So now I got my (former-when she resigns) employee in the Treas Secy's outer office.
Mtl JP 05:39:19 GMT - 01/12/2021
Freezing Weather in Asia Sends Energy Prices Soaring, Catching Markets Off Guard
-- China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a vessel headed to a northern port, yet freezing temperatures that have swept parts of Asia froze a thick sheet of ice and blocked access.
With the help of an icebreaker ship and a cannon loaded with hot water, workers spent 20 hours clearing a pathway for the tanker to dock and discharge its cargo of liquefied natural gas in Tianjin.
Fed Officials See Strong U.S. Rebound, Fanning Talk of Taper
- Balance Sheet Blasts Above $7Trillion
- about tapering to begin later in 2021 “I don’t want to prejudge right now -- while we’re in the teeth of the pandemic -- when we’re going to get there. But I would hope it might be this year,” - Kaplan
Yellen Lines Up Ex-SEC Official Nisanci as Chief of Staff
-- Janet Yellen’s chief of staff at the Treasury Department will be Didem Nisanci, an executive at Bloomberg LP
-- Ben Harris, a top Biden economic adviser, will also join Treasury as a senior adviser to Yellen
dc CB 05:32:50 GMT - 01/12/2021
clues to future trading 2021----- are to be found in the past....aka 'we're back'
to wit: Janet Yellen, the incoming Treasury Secretary has picked as her chief of staff at the Treasury Didem Nisanci, an executive at Bloomberg LP.
Nisanci has been offered the job and accepted, Bloomberg itself reported.
Nisanci is currently global head of public policy for Bloomberg LP, the parent company of Bloomberg .
If Yellen is confirmed as Treasury secretary, Nisanci will be one of her closest aides; her appointment won't require Senate confirmation.
Nisanci, 47, was chief of staff at the SEC under Barack Obama, where she was the lead adviser to Chairman Mary Schapiro on all issues involving the SEC, including policy, legislative, strategy, and communication matters.
Prior to the SEC, she was the lead adviser to Treasury Secretary Nominee Timothy Geithner after having been staff director for the U.S. Senate Committee on Banking, Housing and Urban Affairs subcommittee on Securities, Insurance and Investment.
Mtl JP 01:16:27 GMT - 01/12/2021
DLRx small gap DOwn
Mtl JP 00:14:37 GMT - 01/12/2021
the FED gang still thinks it is bigger than bond market
eur/dlr at 1.2154-ish sleeping
Ed Kw 22:48:04 GMT - 01/11/2021
Ngas with bond move with gold gives support in EUr. JLo tels.me.neted
FW CS 22:20:11 GMT - 01/11/2021
JP, I pay attention to them especially when they are that big on forex charts. It will become a magnet especially since $ sentiment is still mostly bearish.
Mtl JP 22:16:41 GMT - 01/11/2021
CS u a GAP player in general
and this one in particular ?
FW CS 22:13:22 GMT - 01/11/2021
Speaking of gaps there is a gap in dxy boht on hourly and daily time frame on downside
Mtl JP 21:55:26 GMT - 01/11/2021
hovering around day's High
Mtl JP 21:45:20 GMT - 01/11/2021
Mushroom Farmer Alert
ahead of jerome later this week
When Monday January 11, 2021 5–6 p.m.
Dallas Fed President and CEO Rob Kaplan will discuss the economy and monetary policy in this virtual town hall moderated by Alfreda Norman, senior vice president at the Federal Reserve Bank of Dallas
Alfreda Norman, senior vice president, oversees the Dallas Fed’s communications and public outreach programs, which support healthy economic growth and increased understanding of the economy and the Federal Reserve. She has responsibilities for corporate communications, digital communications and design, community development, economic education and financial industry outreach.
NYC's failed vax plan----just read the twitter exchanges between the top Health guy and the NYC Comptroller.
Signing up on-line takes 51 steps on websites that sort of kind of don't really work too good....Shades of Obamacare website disasters.
Scott M. Stringer
This very minute, there are more than 200 vaccination slots available on TUESDAY on the @nycHealthy website.
I am concerned this signals twin failures of outreach and technology by the City.
The @nycHealthy site for signing up for a COVID vaccination is complex, burdensome, and buggy.
It will present an obstacle for too many people—particularly seniors—trying to sign up. This is a major problem.
9:28 PM · Jan 10, 2021
MOC manipulation as only possible in a Banana Republic stock market.
PAR20:30:49 GMT - 01/11/2021
FED. Every story needs a happy end.
We will always be there for the 1%.
Mtl JP 19:06:05 GMT - 01/11/2021
The Dollar Is Rising. What That Means for Stocks.
Published: Jan. 11, 2021 by Jacob Sonenshine
U.K.’s financial regulator on Monday issued a very blunt warning about the rise of bitcoin and other cryptocurrencies:
“If consumers invest in these types of product, they should be prepared to lose all their money.”— U.K. Financial Conduct Authority
Mtl JP 18:55:58 GMT - 01/11/2021
DLRx ... taking a pause or running out of steam
Mtl JP 18:01:48 GMT - 01/11/2021
Bostic expects stronger U.S. recovery by summer
else what bostic: scientists and medics get thrown to the tigers ?
Mtl JP 17:59:48 GMT - 01/11/2021
Fed's Bostic says path of economy depends on vaccines' success
OUCH !! the pressure on scientists and medical specialists
Israel MacroMicro 15:53:19 GMT - 01/11/2021
blackrock reporting this week, risk event?
london red 15:46:05 GMT - 01/11/2021
rishi also on the wires saying things with go from $hit to worse before things improve.
london red 15:44:06 GMT - 01/11/2021
fwiw the uk will soon be banning talking on the street. probably from tonight/tomorrow. but soon. too many folks not giving a $hit about the virus apparently
london red 15:42:45 GMT - 01/11/2021
it would certainly then be: houston we have a problem. or more specifically silicon valley u have a problem (with ur valuations)
Mtl JP 15:38:40 GMT - 01/11/2021
it would make my day IF jerome patently obviously tried to knock it to single digits and yet yields actually did the opposite
london red 15:32:48 GMT - 01/11/2021
may have seen hod for 10 yield. i dont think they will push now that higher wkly high and with powell coming they can always buy the dip if he stays silent. but quite poss he knocks it to single digits 1.xx
Mtl JP 15:17:47 GMT - 01/11/2021
10-yr 1.133, HoD 1.138 I want to see yields higher - ie bonds go into liquidation)
DLRx 90.63 (currently close to 90.935 Res)
euro 1.214x needs to see 1.21 Sup hold
Israel MacroMicro 11:24:13 GMT - 01/11/2021
Israel MacroMicro 11:23:47 GMT - 01/11/2021
Abel wrote pullback
I assume his meaning was sun 20K or 20K area
he will clarify that point soon :)
london red 10:58:02 GMT - 01/11/2021
200k, 500k why not a million. it will keep climbing untilt he final bust. i dont know what form it will take.
but today hsbc has said it will no longer allows folks in uk to transfer crypto transactions back into its accounts.
still mkt was 10% down at best. normal corrections are 50-75% so look for 10-20k first i would say then dip a toe in maybe.
stockmarkets dont go in a str8 line but vast money printing sure help. i think, the key is to avoid shorting as the odds of winning are much much lower than 50 years ago. easier and more profitable to go with the flow.
jkt abel 10:21:48 GMT - 01/11/2021
they said, all good and healthy pullback for 200k right?
hk ab 10:21:41 GMT - 01/11/2021
If one wants to fight with the world gov't, the gov't have to fight back after initial silly reactions.
Same for Chinese, same for US.
Mtl JP 10:16:25 GMT - 01/11/2021
Nearly $170 billion wiped off cryptocurrency market in 24 hours as bitcoin pulls back
EURO 1.2160; 10YR 1.106%
Dollar Rises as Stocks, U.S. Futures Retreat: Markets Wrap
Hedge Funds Head for Cover as Dollar Rebound Gathers Pace DLRx 90.45
Short Sellers Swarm One of Pandemic’s Hottest Trades in Asia
-- Malaysia’s medical glove makers, one of the hottest pandemic trades, have seen bearish bets surge since the Southeast Asian nation lifted a ban on the practice at the start of this year.
China Plans to Let Banks Sell Soured Personal Loans to Ease Risks
-- China plans to allow some commercial banks to start selling soured personal loans to distressed asset managers as soon as this month, according to people familiar with the matter.
JPMorgan Strategists Say U.S. ETF Could Sap Bitcoin Price
Oil Slides Below $52 on Stronger Dollar as Rally Takes Breather
..."Both West Texas Intermediate and Brent crude are trading in overbought territory, according to the 14-day relative strength index, signaling prices are due for a correction"
Gold Extends Biggest Loss in Two Months on Rising Dollar, Yields
Freezing Weather in Asia Sends Energy Prices Soaring, Catching Markets Off Guard
Major OPEC Producers, Cued by Saudis, Raise Asia Crude Pricing
Beijing’s Virus Clampdown Spurs Food Price Surge and Shortages
Wheat Exporters in Australia Look Past China to North Africa
dc CB 00:40:28 GMT - 01/11/2021
Rumors of my death are premature
Mtl JP 23:35:01 GMT - 01/10/2021
US 10-yr 1.12% still too low for me
Resilience Test Awaits Emerging Markets Unnerved by Treasuries
-- Emerging-market equities are on fire, yet caution is creeping into other risk assets as rising U.S. Treasury yields keep investors on edge. .../.
As Polar Vortex Stirs, a Deep Freeze Threatens U.S. and Europe
Mtl JP 14:30:09 GMT - 01/10/2021
New Zealand central bank says data system hacked
-- New Zealand’s central bank said Sunday
Value-Trader Dreams Are Answered in Upside-Down Stock Market
Bank Stocks Are Back in Vogue on Stimulus, Interest-Rate Outlook
U.K. to Lift Swiss Share-Trading Ban Following Brexit
Deutsche Bank Reaches $100 Million Deferred-Prosecution Deal
-- Deutsche Bank AG agreed to pay more than $130 million to settle criminal and civil charges that it bribed foreign officials and manipulated the market .../..
Mtl JP 02:43:06 GMT - 01/08/2021
Treasury Yields at 1% Fail to Excite Japanese Bond Investors
(Bloomberg) -- Japanese money managers are biding their time on Treasuries, waiting for the 10-year yield to advance further after it breached the key 1% threshold this week.
“Japanese investors will likely be prompted to buy more Treasuries when the yield rises to 1.3%,” according to Masahiko Loo, fixed-income portfolio manager at AllianceBernstein Japan. “Funds may be tip-toeing back after 10-year U.S. yields rose above 1%, but they expect more fiscal measures” to push yields higher.
While Japan is the largest foreign holder of U.S. sovereign bonds, its funds were selling Treasuries and buying higher-yielding debt in Australia and China last year. Debate over how far Treasury yields could climb is also dividing Wall Street, with some expecting it to edge up by just a few basis points while others call for an aggressive advance to 2%. .../..
Mtl JP 02:39:27 GMT - 01/08/2021
Grayscale Holds Over 3% of Bitcoin, Sees Pension Interest
(Bloomberg) -- Grayscale Investments LLC’s new chief executive officer says the world’s largest manager of digital assets expects increased interest from institutional investors such as pension funds and endowments to continue to fuel its rapid growth.
The Grayscale Bitcoin Trust has become a bellwether for digital asset investors after accumulating more than 3% of the total supply of the largest cryptocurrency.
“We’ve started to see participation not just from the hedge fund segment, which we’ve long seen participation from, but now it’s recently from other institutions, pensions and endowments,” Michael Sonnenshein, who was named successor to founder Barry Silbert on Thursday, said in an interview. “The sizes of allocations they are making are growing rapidly as well.”
Grayscale has 10 funds and currently manages $25 billion in assets, up from $2 billion a year ago, Sonnenshein said. The Bitcoin trust has seen the majority of the inflows amid a rally that pushed Bitcoin to $40,000 on Thursday for the first time.
Grayscale is planning to double its current staff of 24 employees, to continue to invest in advertising and to introduce half a dozen new products this year, Sonnenshein said. .../..
48 employees... that is a lot of overhead
that someone will have to pay
Mtl JP 02:26:18 GMT - 01/08/2021
On Monday 10-yr was ~ 0.93/0.95; curr 1.098%
that is approx 15.. 16% pop uP in interest
pretty furious in one week
Israel MacroMicro 15:00:12 GMT - 01/07/2021
added shorts @ 12836
last chunk one for today
Israel MacroMicro 14:48:00 GMT - 01/07/2021
added shorts @ 12806
Israel MacroMicro 14:34:32 GMT - 01/07/2021
NQ: sold @ 12771
Israel MacroMicro 14:07:47 GMT - 01/07/2021
WTI to check $48 next week, or earlier?
Mtl JP 09:14:56 GMT - 01/07/2021
- Live Pigs Are Coming to China’s Giant Commodities Futures Market
(this week )
- Oil Buoyant Near $51 on U.S. Stockpile Draw and Saudi Pledge
- Some Bad Words About the Riskiness of Equities
(Bloomberg Opinion) -- It’s fully 65 years since William McChesney Martin, then chairman of the Federal Reserve, said it was the Fed’s job to take away the punch bowl when the party was really warming up, and just over 40 years since Businessweek infamously pronounced the death of equities. .../.
- Japan Declares Virus Emergency for Tokyo Amid Record Cases
- Crypto Market Value Tops $1 Trillion as Bitcoin Hits $37,000
london red 08:17:25 GMT - 01/07/2021
6939 key channel on ft100. cash marginally breached overnight but not futures. 6845/50 initial sup, next channel 6700.
Mtl JP 01:47:38 GMT - 01/07/2021
Johnson Vows to Slash Business Rules, Asking CEOs to Help
..."to help him decide which regulations should be ripped up"...
Mtl JP 22:00:11 GMT - 01/06/2021
10-yr frolicking around 1.05%
if it stays or boogies higher
certain vehicules will do well and
others will suffer misery
in other words: new opportunities at the door
Mtl JP 21:37:27 GMT - 01/06/2021
DJIA 30,829.40 close
Israel MacroMicro 13:58:54 GMT - 01/06/2021
GBP is the lagging one with doing the up leg
soon or the last up leg seen for this round?
Mtl JP 12:15:18 GMT - 01/06/2021
with 10-yr at 1.01%
DJIA 30391.60 not likely to be thrilled
Israel MacroMicro 08:27:26 GMT - 01/06/2021
USD/CAD longs the meaning
Israel MacroMicro 08:27:03 GMT - 01/06/2021
humble 20 pips booked with 3/4 of longs taken few minutes ago
london red 08:26:00 GMT - 01/06/2021
tech wont rebound til us session at earliest as they need to run stops which cant happen til open.
decepticons equals higher spending equals higher yields equals higher financials. which mkt is heavy financials. yeah u guessed it the one that was written off after brexit
Israel MacroMicro 07:53:22 GMT - 01/06/2021
USD/CAD @ 1.2649
another scalping round started, longs!
Minneapolis DRS2 04:47:15 GMT - 01/06/2021
If the political websites are to be believed, the Democrats have already got one seat (Warnock) and will probably get the other (Ossoff). Ossoff and Perdue are separated by less than 1000 votes, with Perdue currently leading (>99% reporting).
Mtl JP 04:37:48 GMT - 01/06/2021
IF cost of money goes uP... stocks do not like that
IF stocks are down => market likely pricing a georgia dem win
lets see soon
Mtl JP 04:32:58 GMT - 01/06/2021
Minneapolis DRS2 01:52:58 GMT - 01/06/2021
I can't speak for all brokers obviously, but here in the US I have NEVER seen a reputable broker who didn't honor stops. In fact, I believe that's a fast path to losing regulatory (NFA) approval here in the US. In the eyes of the NFA, traders are expected to protect themselves using stops, and brokers are expected to protect themselves by observing capital reserve requirements and having sufficient liquidity from upstream counterparties. Break this and it's your a**.
That's not to say there won't be slippage. I've seen it happen (even to me) and it's annoying. Nothing is perfect. But that's a far cry from not honoring stops.
Mtl JP 01:39:21 GMT - 01/06/2021
when you r flying blind coz broker is down and not answering the phone for an hour how comforting would your sls be ?
there was only one justice obtained by MM, if my memory serves me:
oanda's grace unless I am confusing w/someone else. It should be in the Archive if u have time.
Minneapolis DRS2 01:29:39 GMT - 01/06/2021
Preventing margin calls is your job, not the broker's. That's why you use stops. You call the broker to get price quotes, put in new orders and update existing orders.
Regarding the original subject of Apple Maps...either Apple's servers failed or someone decided to be an a**hole and turn off Apple Maps service for DC...who knows. The lesson to be learned is that paper maps, a compass and navigation skills are still useful...even in the modern age. Soldiers and sailors are still taught the old ways, even if they don't always use them.
Mtl JP 01:20:35 GMT - 01/06/2021
even IF u
- have a live land-line and rotary phone
- know how to use it
- know your dealer(s)s phone number
do u think you ll actually get a live account manager to answer
and if yes, in time to prevent a margin call ?
one reminder: USA MM 16:42 GMT January 15, 2019
Oanda platform is still down. It came up for a minute and then went down again. I have been on hold for almost an hour and still no one has picked up the phone.
or hit the Archive for "oanda"
dc CB 01:14:40 GMT - 01/06/2021
dc CB 22:05 GMT 01/05/2021
make of this whatever you wish.
it's funny where this went---starting with JP's using it as an excuse to attack ZeroHedge.
When the issue offends thee ...ATTACK the Messenger...ignore the issue.
Minneapolis DRS2 00:51:48 GMT - 01/06/2021
How many traders know the customer service or trading desk phone numbers to their brokers? It's food for thought...what do you do when your trading platform becomes unavailable for some reason?
Bali Sja 00:48:35 GMT - 01/06/2021
You gonna teach them how to place a trade with a broker using a landline phone too? And by phone i mean no digital, analog one.
Minneapolis DRS2 00:22:16 GMT - 01/06/2021
There are a lot of "old-fashioned" skills that you'd be surprised are not being taught to the young. Don't believe me? Try asking a 10-15 year old how to do these things that were once commonplace:
...Using a compass to turn and face North
...Locating common landmarks using a paper map
...Writing their name in cursive handwriting
...Reading the current time off an analog clock (hour/minute hand)
...Basic arithmetic (add/subtract/multiply/divide) without a calculator
...Finding the Big Dipper
...Recognizing common plants in their backyard and knowing which are edible
...Lighting a fire using kindling and a match
...Preparing a meal without electric appliances
...Recognizing simple machines and how to use them (lever, pulley, wheel+axle, inclined plane, wedge, screw)
Now remember that the people who do not know these things are teaching future generations.
Mtl JP 22:33:17 GMT - 01/05/2021
zh can be sooo tooo stoooo-pee-d at times
zh is like a little cretin who sits behind a bush giggling at folks that step on a dogpile that (s)he layed out earlier.
good on zh's style of lure-journalism; probably making putin LoL like he did as he watched NASA spend millions on developing a ballpoint that would write in space while the ruskis use a simple lead pencil
haven't the would-be apple map users hear of a paper map ?
do the US roads not have massive road signs ?
What about simply talking to one another ?
ok, so I failed resisting clicking the link on the rare occasion
and u get a clickthru. shame on me :-(
dc CB 22:05:45 GMT - 01/05/2021
make of this whatever you wish.
Apple Maps is currently blocking directions into Washington D.C. ahead of anticipated mass protests coinciding with Tuesday's counting of Electoral College votes. The company has blamed 'current road conditions.'
Red tks , for now I am jobbing Georgia on the optique of the outcome's effect will have on joe's taxing and spending powers
after janet's speaking fees reveal, red carpet rolling out :
- Janet Yellen made millions giving speeches to Wall Street banks she'll soon regulate
- In defence of Janet Yellen
- Janet Yellen’s speaking fees: The debate over the treasury nominee
london red 20:55:22 GMT - 01/05/2021
Mtl JP 19:14 GMT 01/05/2021
fwiw mkt may like rep win less than decepticon. but b4 u get carried away, either will result in new highs. use any shakes to btfd
Israel MacroMicro 19:22:26 GMT - 01/05/2021
BuyUSDCAD Entry: Target: Stop:
1.26585 - opened LONG
Mtl JP 19:14:40 GMT - 01/05/2021
made a mistake to tune in to CNN
saw some clips of interviews w/georgia voters
all saying voting for biden's side
DJIA uP 247pts .... climbng the wall of worry
Israel MacroMicro 19:10:34 GMT - 01/05/2021
USD/CAD @ 1.2663
taking a long soon to very soon
Israel MacroMicro 19:06:21 GMT - 01/05/2021
many scalps just entered with all the combinations of the majors
Israel MacroMicro 19:02:14 GMT - 01/05/2021
NQ @ 12775 SHORT
Mtl JP 17:59:41 GMT - 01/05/2021
you don't think yellen is going to squeal "strong dollar" yet print n print n print do you ?
PAR17:25:26 GMT - 01/05/2021
The USA is devaluing the dollar to boost its stock market. Good economic news becomes irrelevant as the FED will keep printing money whatever.
Lower dollar let to translation profits as US multinational make most of their profits overseas in appreciating foreign currency.
Mtl JP 17:06:37 GMT - 01/05/2021
georgia runoff polls close only at 7pm
result could take a day or two to announce
Israel MacroMicro 15:25:44 GMT - 01/05/2021
closed NQ shorts for +25
enough for now
Mtl JP 15:08:19 GMT - 01/05/2021
Israel MacroMicro 14:46:12 GMT - 01/05/2021
NQ @ 12750 SHORT
100pts initial target
Mtl JP 14:41:26 GMT - 01/05/2021
DJIA: 30,330.57 +106.68 +0.35%
SnP 500: 3,713.54 +12.89 +0.35%
Mtl JP 14:26:28 GMT - 01/05/2021
U.K. Chancellor of the Exchequer Rishi Sunak announced on Tuesday a £4.6 billion ($6.2 billion) package of ‘top-up grants’ for some 600,000 businesses in retail and hospitality
currently stocks are pointing to a down opening
stocks down => ... baaahh ... I d just repeat myself
Israel MacroMicro 13:28:43 GMT - 01/05/2021
are we inside an "event" or the normal "mini event" ?
Mtl JP 11:52:20 GMT - 01/05/2021
DRS2 09:14 but it is that simple. just a nanosecond before skewering on a trade the moment is a simple binary decision
NY JM 10:25:02 GMT - 01/05/2021
If Dems win both Georgia seats markets will assume higher corporate taxes and more regulation. It will also assume more stimulus and more spending. Still just an if as vote is today.
london red 10:07:23 GMT - 01/05/2021
fed can throw usd under a bus with more stimulus at its the reserve currency so will always have folks forced to buy it. us bonds, crude anyone? result will be stimulus at home for us base and higher earnings for international big corps from us. its a win all round for us, not so much for everyone else. u can expect the euopeans to start moaning about it above 1.25. the us will let them speak but will do nothing more than that to arrest the situation. if my solution is another guys problem then so be it.
bali sja 10:06:35 GMT - 01/05/2021
Fed has no choice, with all these massive deficits plus covid, just print print print, usd to toilet
Minneapolis DRS2 09:49:59 GMT - 01/05/2021
Just as the Fed did EVERYTHING in its power to help Obama succeed (and stopped offering that help during Trump BTW), it will once again resume that support during Biden (or Harris if it comes to that).
How that affects the USD is anyone's guess at this point.
london red 09:37:47 GMT - 01/05/2021
mkt worries beforehand but always when facts arrive, mkt likes what it sees. 2 months ago, democrat wall bad. yesterday the squid says mkts will love it, more stimulus checks. whatever happens, mkts go up. its the fed printing what matters. when that stops it doesnt matter who is in charged, it goes tits.
Minneapolis DRS2 09:14:24 GMT - 01/05/2021
If only it were that simple. Both the Republican and Democrat parties are hopelessly corrupt, so a simple binary analysis (D vs R, Up vs Down) is not enlightening.
Realistically, we have four possible paths going forward:
1. Democrats "win", big business (Biden's preference) has dominance...the Democrats control government, but big business (corporations, stock markets, etc.) exert dominant influence. This means low corporate taxes, high personal income and property taxes, laissez faire economic policy but draconian social policy.
2. Democrats "win", but social justice warriors (AOC, Elizabeth Warren, etc.) dominate. This is a wildcard...lots of politically correct BS, but at the same time lots of clamps on big business. Look for corporations, stocks, etc. to get f***ed.
3. Republicans "win", big business interests remain dominant. This is the status quo for much of the Republican party...same story as path #1. Low corporate taxes, high personal income and property taxes, laissez faire economic policy, "midrange" social policy.
4. Republicans "win", but Donald Trump remains dominant. In this path, Trumpism reigns supreme, no matter what the "establishment GOP" wants. In this path, "MAGA" is dominant, no matter what happens to everything else.
When considering these paths, remember that in the US, the financial markets are pretty much separated from the real economy. This was so even before Covid19, but is even more so now because of the lockdowns. If you want a trading prediction, look for absolutely NOTHING substantial to occur, at least within the US. Up, down, up, down, oscillating around a gently moving average of some kind, with volatility ever so slowly decreasing due to lack of real economic activity.
evans better be careful with what he wants as the collective of pompous PhD heads known as the FED could lose their grip on the market quicker than they could decide if it is just a far!
Mtl JP 16:02:26 GMT - 01/04/2021
DJIA off ~430 pts (-1.43%) as
Fed’s Evans wants to get inflation rate up to 2.5% - MarketWatch
HK Kevin 15:39:13 GMT - 01/04/2021
Think we have seen the weekly high of EUR. For me, short AUD near today's high, looking for returning to 0.7600/20 level
Mtl JP 15:26:08 GMT - 01/04/2021
puppy still has that opening GAP nagging
london red 14:35:09 GMT - 01/04/2021
JP i agree none of them can be seen to be left out. as for price action, its the rule of threes, so i dont expect much fallout overall although specific companies sp could see 5-10% drop. maybe. but as i said u buy that dip as they will just extend freebies until the spring, at which point the virus doesnt matter til autumn, by which time we will see if there is much to talk about ie how vaccine is working.
Mtl JP 14:27:02 GMT - 01/04/2021
tks red. it is not exactly hot news however european countries announcing lockdown extentions ... I almost think there is a contagion of another kind (monkey see monkey do)
I am not expecting euro to oscillate violently as players are probably discounting vaccines over shutdowns
(l/t trumping over s/t)
london red 14:14:04 GMT - 01/04/2021
germany extends lockdown to end jan. scotland doing full lockdown from tonight. uk will do so to, but not yet announced.
Mtl JP 14:04:24 GMT - 01/04/2021
one could think puppy is in a hesitant slow grind uP towards 1.25xx
S at 1.2250/00
Mtl JP 13:43:45 GMT - 01/04/2021
technically ~1940 = R
Mtl JP 07:23:46 GMT - 01/04/2021
1.3702 High, no more stops to after
puppy pulls back
Mtl JP 07:12:52 GMT - 01/04/2021
1.3698 = R
lets see how strong it is
Mtl JP 05:57:22 GMT - 01/04/2021
some opening GAPs
still lingering around
Ed Kw 09:33:35 GMT - 01/01/2021
August AUd new homes reverses to strong up trend . Fat.bigterd.fynet.
Ed Kw 08:10:24 GMT - 01/01/2021
Tar. 1.10$. AUDCAd oil to gold or USd supports commodities and [email protected] u. Aka. bonds y haw. GL not. Fatsters.
Ed Kw 02:08:34 GMT - 01/01/2021
AUd to get bought with GBp new bankers.... Fyou not . GL..h not f year... Not..
Mtl JP 21:16:51 GMT - 12/31/2020
Nasdaq Composite set to end pandemic year with gain of more than 40%
EURO low sofar 1.22536
sharks and harpoon types revel
Mtl JP 15:25:40 GMT - 12/31/2020
From Jan. 4, U.K. financial services are legally prevented from doing business within the EU market
The European Parliament demanded to have the time necessary to examine the 1,200 page document and will have until the end of February to vote on it, with the deal being temporarily implemented in the meantime.
The U.K. legally left the EU on Jan. 31 but will only exit Europe’s single market and customs union on Dec. 31.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.
The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.
Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.
The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.
Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.
Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.
Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.
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