Sunday, 30 April 2017

Apr 30, 2017 - Weekly Commodity (crude oil indecision, rain hopes for grains and false break in sugar)

Commodities haven’t seen much action last week and the Bloomberg commodity index was moving sideways. There is mostly indecision in the market as investors and traders are cautious ahead of the second round of the French election due to lack of fundamental news. Let’s look at Crude, Grains and Sugar, technical picture reveals surprising possible future scenarios. Crude The...

Friday, 28 April 2017

Apr 28, 2017 - Market Update

Short recap Asia – saw some profit taking after risk on week Europe opening lower ECB no change in monetary policy Draghi had a good showing, inflation not a worry, economy doing better (5-yr forward inflation swaps above 1.6% indicating ECB still undershooting its inflation target) Taper and rate hikes not a question of a foreseeable future What may put additional...

Thursday, 27 April 2017

Apr 27, 2017 - Market Update + ECB

Short recap Asia up Europe opening lower BoJ – no change, outlook for econ up, CPI down NAFTA to stay for now, I “admire” the respect of Trump for his partners Trump’s tax reform out, if in place making a huge hole to federal budget And making Fed to move faster So far no inspiration for the market as it lacks the details and is very complex thing No US...

Wednesday, 26 April 2017

Apr 26, 2017 - Market Update

Short recap Asia higher on positive expectations about US Europe openig lower Rumours – Trump dropped border tax ahead of tax reform release To be reviewed later eventually US getting ready military wise in South Korea While top US officials and Senators met UK opened to keep contributing to the EU budget (until 2020) ECB may be on the route to change slightly wording...

Monday, 24 April 2017

Apr 24, 2017 - (Chart of the Day) DAX - What next for bears ?

Hi, today German Index DAX as our Chart of the Day: Join Us: FREE LIVE TRADING ROOM - click here Most probably every bear around was dreaming about possible H&S formation ( blue on the chart below ) before market has open today. Unfortunately, right after the open ( and for the whole trading day ) the same bears were in rush to cover their shorts...

Apr 24, 2017 - Market Update

Short recap Europe higher Markets need to digest the move and get ready for ECB and Trump policies (tax, Obamacare) FR elections 2nd round – Macron/Le Pen Prediction Macron winning over Le Pen 60/40 (seems to be sufficient margin not to have a nasty surprise) Will see whether French are also as serious about rejecting nationalism and far-right ideas as Dutch were Would...

Sunday, 23 April 2017

Apr 23, 2017 - Weekly Commodity (Commodities under pressure)

The commodities had a rough week as Bloomberg Commodity Index fell 2.5% percent in only one week. The already nervous markets were we had a serial of negative news in several commodity sectors caused that Money Managers cut some of their elevated exposures ahead of French Presidential Election on Sunday. Some of the bad news were the 1.5mil barrel rise in US Gasoline inventories,...

Apr 23, 2017 - French elections - Update 1600 GMT

Pro-EU meetings across Europe supporting French voters Turnout (17:00 CET) at 69.42% slightly lower than in 2012  Projected participation 81% Tribune de Geneve – Macron slightly ahead of Le Pen (unofficial poll) Tokyo and Montreal witnessed 2 hour voting lines Should you have any questions feel free to contact me anytime. Good luck Champs! Mr...

Apr 23, 2017 - French elections Live blog

French elections Live blog: http://tinyurl.com/l4rd3rx Should you have any questions feel free to contact me anytime. Good luck Champs! Mr Hawk DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and...

Friday, 21 April 2017

Apr 21, 2017 – French elections – timeline and EURUSD levels

I guess all of us are getting ready for Sunday/Monday night, so let’s have a look at certain times: 1800 GMT – First exit polls 1900 GMT – First projections based on votes counted 2000 GMT – Various estimates for 2nd round when substantial part of the votes is counted 2100 GMT – Should have more clarity and if not, would need to wait until midnight when most of the...

Apr 21, 2017 - Market Update

Short recap Asia in green taking clues from US stocks Europe opening mixed Obamacare on the table again next Wed Mnuchin was out with some details on tax reform To be revealed soon (again…) and wants to push it through not waiting for healthcare bill approval Trump doesn’t like Canadian milk Despite Canada having USD 400 mln trade deficit in dairy products Ontario...

Thursday, 20 April 2017

Apr 20, 2017 - Market Update

Short recap Asia started in red but turned to green as oil recovered a bit Europe opening higher ECB officials see stimulus measures as appropriate in the light of low inflation pressures Beige book – economy modest to moderate growth, inflation in check, lack of sufficient low-skilled workers and issues with workers fluctuation Akzo Nobel struggling with...

20 Apr, 2017 - Trade idea: Long Crude after healthy correction

Crude oil inventories dropped 1mil barels last week according to EIA and are close to the upper band of the average this time of the year. However Gasoline inventories increased 1.5mil barels and are close to upper limit of the average range too. This may offset the expected increase in refinery demand and as a result we saw an intesive market reaction yesterday. Overnight...

Wednesday, 19 April 2017

Apr 19, 2017 - Market Update

Short recap Asia lower Europe opened mixed GBP up yesterday as market speculates that snap elections can remove the political uncertainty And give a stronger mandate for May in Brexit talks Pence – NK to expect an overwhelming and effective response China shadow banking back at full speed China eased capital flow controls Foreign investment in Canada hitting...