prescient : adjective
having or showing knowledge of events before they take place.
"a prescient warning"
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maybe:
Hedge Fund Crowding Hits All-Time Highs As Everyone Buys The Same Handful Of Tech Stocks
Bottom line: everyone is now long the Magnificent 7. If this bubble bursts... watch out below. - zh's tyler
I like tyler's kind of thinking.
swiss frank 14:17:38 GMT - 11/22/2023
I think from the 1.0930-1.0970 zone we'll see 1.0770 (at least), maybe 1.0650. Maybe.
Mtl JP 14:06:43 GMT - 11/22/2023
EURO 1.0880
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first buy level ?
60 below that and 40 after
IF seen
GVI Forex13:39:36 GMT - 11/22/2023
Lower weekly jobless claims ;309k vs 226 mk expected) - this is the NFP survey week
Mtl JP 12:12:08 GMT - 11/22/2023
DLRx 103.54
player collective clubbed like a seal puppy
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Mike Dolan - "If you were looking for a klaxon to mark the end of the interest rate cycle, a crushing of currency market volatility rings loudly."
jeff cox opines:
"Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation remains well above their goal, according to minutes released Tuesday."
Food prices
Wheat - HRW (hard red winter). The stuff that makes bread).
The quotes you see --talked about on da NUZ, are most of the time are Chicago Wheat - SRW.
Check out the first 4mins of this --- daily ag report....
minutes oct 31-nov meeting
key word "careful"
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“Inflation has given us a few head fakes. If it becomes appropriate to tighten policy further, we will not hesitate to do so,” “We will continue to move carefully, however, allowing us to address both the risk of being misled by a few good months of data, and the risk of overtightening.” - Powell at "Monetary Policy Challenges in a Global Economy,":
oi oi ... yakkers on deck
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10:00 - US existing home sales
11:00 - lagarde
12:00 - schnabel
12:35 - centeno
14:00 - FOMC minutes (what would you like 'em to message?)
Mtl JP 14:30:50 GMT - 11/21/2023
EURO 1.0955
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puppy continues to butt up against 61.8 Fib
but not exactly convincingly in the grand scheme of "theme"s.
maybe the current game is about ez/us yield differentials of the moment reactions to sporadic yikyak od market mini-event
the big event for euro may be some distance in the form of Ez's PMI on thursday. r u kidding me ?!
Mtl JP 13:06:48 GMT - 11/21/2023
good morning
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DLRx wishi-washi with a down tilt
EURO 61.8 Fib held Res overnite
Yen , relatively speaking, is rampaging
current player conviction is that the FED gang's next move will be a cut
so it seems to be the energy vector vein amongst players
yield is mildly off, stocks look confused.
short trading week will likely not inspire massive allocation plays, if anything we ll see prudece and maybe a pop in the dlr but ... those should see selling interest in light of the main market sentiment
USDCAD 1.3721
- 08:30 CPI
I ll be looking to counter possible CAD dip IF seen
Currently 1.37 is mini-support
moves over 60 pips either way not likely but neither impossible.
Mtl JP 09:49:42 GMT - 11/21/2023
et tu Sacrifice Ratio ?
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The average American’s 401(k) balance plunged 4% in the latest fiscal quarter, attributed to an uptick in “hardship withdrawals” as consumers continued to get hammered by inflation, according to a new study.
blast from the past
"“You work three jobs? Uniquely American, isn't it? I mean, that is fantastic that you're doing that."
To a divorced mother of three, Omaha, Nebraska, Feb. 4, 2005”
― George W. Bush
et tu Sacrifice Ratio ?
-
The average American’s 401(k) balance plunged 4% in the latest fiscal quarter, attributed to an uptick in “hardship withdrawals” as consumers continued to get hammered by inflation, according to a new study.
blast from the past
"“You work three jobs? Uniquely American, isn't it? I mean, that is fantastic that you're doing that."
To a divorced mother of three, Omaha, Nebraska, Feb. 4, 2005”
― George W. Bush
Celebrating 81rst: joe the mummy. How ?
NBC - Biden to celebrate his 81st birthday pardoning Thanksgiving turkeys
Mtl JP 16:59:31 GMT - 11/20/2023
USDCAD killing zones:
around 1.3750 on top (if u r short the cad itself)
around 1.3670 on down side - ask yourself about USD's downside potential
Mtl JP 16:48:11 GMT - 11/20/2023
player and economist collective is breathlessly lapping at the idea of BoC flipping its tightening stance
are u short the CAD ?
could be riski ... but interesting LoL
dc CB 16:47:26 GMT - 11/20/2023
Setting US up for the Big 'Unexpected ++ Who 'cuda Known'. (US in both meanings: US aka USA and US aka us The West)
------------------------------------------------------
The White House "Does Not Expect" Arab States to Weaponize Oil
The United States is confident that the Arab states will not use oil supply as a weapon as they have done in the past, White House energy security adviser Amos Hochstein told the Financial Times in an interview published this weekend.
“Oil has been weaponised from time-to-time since it became a traded commodity, so we’re always worried about that, working against that, but I think so far it hasn’t,” Hochstein told FT.
According to the Biden Administration’s top energy adviser, the U.S. and the global oil market are managing the double geopolitical jeopardy of the past year – the Russian invasion of Ukraine and the Israel-Hamas war – “fairly well.”
_____________________________________________________________
Recall .Energy Sec. Granholm laughs when asked what her plan is to boost US oil production
Nov 2021.
"That is hilarious. Would that I had the magic wand on this. As you know, of course, oil is a global market. It is controlled by a cartel. That cartel is called OPEC,"
Bloomberg TV
https://www.youtube.com/watch?v=0IharildvyM
JM ... look at the calendar ...
canada CPI on tuesday.
u seriously think CAD players worry about oil atm ?
ask your Q next time crude will be diving instead
NY JM 16:00:07 GMT - 11/20/2023
Will CAD finally pay notice to firmer oil prices?
Mtl JP 15:22:50 GMT - 11/20/2023
bit of hindsight
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oil bit up "after three OPEC+ sources told Reuters that the producer group, comprising the Organization of the Petroleum Exporting Countries(OPEC) and allies including Russia, is set to consider whether to make additional supply cuts when it meets on Nov. 26" - rtrs
San Francisco Monedge 15:18:45 GMT - 11/20/2023
Oil remains bid for now but we are paying attention to a bit of an undertow present. See 78.50 possible if it catches wind.
Actionable trading levels delivered LIVE to YOUR charts
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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