May 31, 2017 - Market Update

Short recap Asia up on better steel industry performance that pushed China factory activity higher Europe opening mixed Trump's head of communication is leaving – who knows why? Wouldn’t be better if Trump has left and all the other staff members stay? The problem is solved then… USDCNH down as overnight funding rising EU Commission proposing EMU gov debt securitization (thus...

Read More

May 30, 2017 - Market Update

Short recap Asian stocks with cautious on Greece and Italy China, Hong Kong closed on account of public holiday Europe opening lower Greece readying for not paying EUR 7 bln installment if bail out agreement/haircut not reached Some banks in Italy and Portugal still facing issues Macron met with Putin in Paris Draghi is please by improving economy but stimulus/extra...

Read More

May 29, 2017 - Market Update

Short recap Asia up Europe opening higher but correcting US & UK closed today on account of public holidays, some Asian countries as well N. Korea playing with fire again ZAR – Zuma still alive Europe on its won after G7 and Merkel/Trump meeting Tensions between US & EU mounting, nothing to change in the near term Thank you Mr President for your kind...

Read More

May 28, 2017 - Weekly Commodity - tough week for commodities, crude, industrial metals, soybeans down, corn and wheat traders still hesitant

Last week the Bloomberg Commodity index fell 0.8%. One of the reason was that traders were disappointed not getting any juicy surprise from OPEC on Thursday. While precious metals gained, industrial metals fell on both supply and demand news and downgraded China. Soybeans dropped on possible decline in imports to China and Sugar fell on surprise year on year rise in Brazilian...

Read More

May 26, 2017 - Market Update

Short recap Asia down as OPEC disappointed the market by not delivering what traders hoped for Cut extended for 9 and not 12 months, expected deeper cuts Oil was down 5% and still heavy today Europe opening lower Risk off continues on OPEC, lower yields and dovish Bullard (inflation worrisome, Fed aggressive) Looking forward to balance sheet reduction in H2 Trump’s...

Read More

May 25, 2017 - Story of the week: OPEC meeting – few thoughts and what to focus on today

There is a lot in stake for OPEC during today’s meeting in Vienna - Austria, for all participants. Some of the OPEC members have more to lose than others but at the end everybody needs to keep oil prices higher, the main reason is that their government’s budgets are highly relying on oil income. The equation is very simple: same or little higher production – much lower prices...

Read More

May 24, 2017 - Market Update

Short recap Asia effected by China downgrade Europe opening lower Markets shifting focus from risk off set up to June FOMC meeting 1st Trump budget sent to Congress, being ignored as such? Moody’s downgraded China to A1 from AA3, outlook to stable from negative On the back of debt burden and its implications on public finances, and slowing growth Only 12%...

Read More

Mar 23, 2017 - How is June Fed hike priced in?

Just a brief update among all the Trump related Russian mess... Fed hike - currently June hike priced at 78% and next one at 43%. Meaning, the market is pricing 2 more hikes this yr at 43% probability. Fed likely to pause after June. Should you have any questions feel free to contact me anytime. Good luck Champs! Mr Hawk DISCLAIMER: This material was...

Read More

May 23, 2017 - Market Update

Short recap Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget – to cut gov spending...

Read More

May 22, 2017 - (Weekly Tech Overview) USDJPY, Gold (XAUUSD) and GBPUSD

Hi all, Three charts below and we do think they might be very interested from both - bullish and bearish - perspective: USDJPY Weekly chart: GOLD (XAUUSD) Weekly chart: GBPUSD Weekly chart: Join Us: FREE LIVE TRADING ROOM - click here Please don't hesitate to contact Us should you have additional questions. We are here to help you, just...

Read More

May 21, 2017 - Weekly Commodity - Oil traders waiting for Opec, rain challenging US crops , sugar rejected ethanol parity

Last week the US and Brazilian politics were making the main headlines. Continuous weakening of US dollar supported commodities while the depreciation of Real had a negative effect on sugar, coffee and soybeans. The weak Brazilian real caused a liquidation of 5mil. tone of soybean stocks in only one day. Raw sugar got extra support on Friday from the rains forecasted for...

Read More