What will be the outcome with relation to the riots in England to British Sterling? Continued instability and an eye on 2500 at which point I will likely already be forming call options if able.
I find it amusing the riots are portrayed as “far right” riots in left leaning media. On the contrary, the violent distain is comprised of individuals from a considerable reach of beliefs if one has the time for a little research. The police for example. Apparently people are sick of insane ideological imbalance. Apparently politicians learned nothing from the fall of the Berlin Wall.
If things go normally Aussie will continue to decline into the start of Asia before rebounding. So my preference is the long side from a bit lower if I don’t already have any positions established. Maybe 20 pips or so.
Yen is in the middle of the forest in my near term metrics and so I need some volatility again before gracing the market with my presence in that pair again.
“The shrinking raises are the latest sign—alongside last week’s lackluster jobs report—that workers have lost much of the leverage they’ve had with bosses in the past few years. With hiring now slowing sharply, employers are controlling payroll costs by cutting or freezing bonuses, doling out fewer and smaller merit increases, business leaders and compensation consultants say.”
sounds like progress if you are NOT like janet
This sounds like something the FED might commision for publication for the peasantry
“After a Pay Boom, Raises Are Shrinking
Workers have lost much of the leverage that let them command bigger paychecks in recent years”
– wsj
An insidious part in the formula of their “Sacrifice Ratio”
bit by bit and patiently
ahhh yes … that “imminent” retaliation
thks for the reminder:
Oil Climbs as Equities Rally and Traders Eye Iran Retaliation
(Bloomberg) — Oil rallied as markets globally recovered from a recent rout and investors remained on edge over the possibility of a retaliatory strike from Iran on Israel. … /.
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