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NZD Soars On Strong Inflation, AUD Jumps On RBA Minutes

NZD Soars On Strong Inflation, AUD Jumps On RBA Minutes

Stronger Than Expected NZ 3Q Inflation The release of 3Q Inflation data for New Zealand surprised markets last night with a stronger than expected print of 0.2% QoQ vs. 0% expected. Rate cut expectations continued to build ahead of the meeting with rates markets pricing around an 85% chance of the RBNZ easing at their […]
Dollar Drops From 7 Month Highs, Volatility To Pick Up From Today

Dollar Drops From 7 Month Highs, Volatility To Pick Up From Today

Today inflation data for September is due out In the US and UK, where the trend is upwards in the short run for the US inflation and more stable for the UK economy. Yesterday, US economic data was weak, something that weakened also the Dollar and benefited especially commodity currencies. The week ahead is packed with important […]
Diamonds Are Forever, But Bonds Are A Girl’s Best Friend

Diamonds Are Forever, But Bonds Are A Girl’s Best Friend

Since Greenspan’s intervention in 1987, it is “Bonds, Long Bonds” that have been a girl (investor’s) best friend… even though diamonds may be forever. For almost 40 years, US government bonds and diamonds traded at around the same ‘price’. All that changed in the late-80s as Greenspan ‘saved the world’.   The question is – as BofA’s […]
WTI Crude Oil And Natural Gas Forecast For October 18, 2016

WTI Crude Oil And Natural Gas Forecast For October 18, 2016

WTI Crude Oil The WTI Crude Oil market went back and forth during the course of the session on Monday, showing a proclivity to bounce around the $50 level. At this point in time I believe that the markets will continue to go sideways overall, and with that being the case I feel that it’s […]
You Will Never Earn A Decent Yield On Retail Money Market Funds Ever Again

You Will Never Earn A Decent Yield On Retail Money Market Funds Ever Again

This past Friday, October 14th, commenced federally mandated rules on money market funds – what we typically think of as cash in our investment accounts – and marked the end of the era of prime money market funds. Money market funds first came about in 1971 at a time when banks were prohibited from paying an interest rate on […]
Sell AUD/USD – Credit Suisse Trade Of The Week

Sell AUD/USD – Credit Suisse Trade Of The Week

The Australian dollar has been range-bound against the greenback for quite some time. The team at Credit Suisse sees a sell opportunity, and they explain: Here is their view, courtesy of eFXnews: Currency investors should consider selling AUD/USD this week, advises Credit Suisse in its weekly FX pick to clients. “Since the start of October, expectations […]
US Dollar Develops In Wave C Of Larger Zigzag

US Dollar Develops In Wave C Of Larger Zigzag

EUR/USD 4 hour The EUR/USD seems to be indeed building a bearish ABC zigzag (green). The Fibonacci levels of wave B (green) are expected to act as resistance and price could turn around at one of them for a continuation within a larger contacting triangle (wave d green). If the bearish breakout is very impulsive, […]
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                        The Daily Shot And Data – October 18, 2016

E The Daily Shot And Data – October 18, 2016

Emerging Markets 1. Let’s begin with emerging economies where Gulf-based bank shares are seeing sharp declines. One of the reasons for the sell-off is the loss of bank deposits. The correction is not limited to Saudi Arabia as Abu Dhabi banks also come under pressure – pushing the nation’s overall stock market lower. Elevated Saudi […]
9 Step Guide To Start Saving For Retirement Now

9 Step Guide To Start Saving For Retirement Now

Are you sick of working your nine to five job with a boss who tells you what to do everyday? Do sit at your desk and dream of the moment you can finally retire? Does spending your retirement in a constant state of vacation and relaxation sound like a dream? If you answered “yes” to […]
Trading Week Off To A Quiet Start

Trading Week Off To A Quiet Start

Asian stocks were slightly higher on Tuesday, despite concerns about weak data from China, as the MSCI index gained 0.5 percent, the Hang Seng index looked towards modest gains and the Australia benchmark index was up 0.4 percent in early trade. “It’s been an incredibly quiet start to the week as most currencies remain rangebound […]