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The dovish FOMC was on Thursday at 19:00 GMT so the major banks are made a forecast about the USD after FOMC. Morgan Stanley: "Long USD positioning is vulnerable over coming days and perhaps weeks...But USD Impact Temporary. Our structurally bullish USD view has never been Fed-focused. Rather, our framework is built on the reduced investment attractiveness in much of the rest of the world. Any setback in the USD is likely to be short-lived ...
Q: Is October on the table? A: Not really. We believe that Chair Yellen’s baseline since the June meeting has been a December liftoff, and it would be very unnatural for her to pull forward given the information received in the meantime. Besides, there is only one round of monthly economic data on the calendar before then. Last but not least, the logistics are daunting. There will not be a fresh SEP, and the committee would need to announce ...
Greek Elections, USD Post-FOMC, Chinese data, Eurozone PMIs and the German IFO EUR remains driven by two key drivers – policy divergence and market risk sentiment. These factors will also determine how the main releases next week will impact EUR. Starting with market risk sentiment, the Greek elections over the weekend and the Chinese PMI during the week could prove important drivers of risk sentiment – perhaps more the latter than the ...
Citigroup made a forecast for Fed hike for today in technical and fundamental ways: "Citi’s baseline is for a 25bps hike, but there remains considerable scope for surprise, as well as hifting communication to play a role. Ultimately we think the decision boils down to how the FOMC sees market conditions, and whether the recent volatility could lead the FOMC to temporarily postpone hiking.""In our view we place a 25% chance of a hike, and 75% for no hike. Still, the risk/reward favors ...
The 3% Signal: The Investing Technique That Will Change Your Life by Jason Kelly Take the stress out of investing with this revolutionary new strategy from the author of The Neatest Little Guide to Stock Market Investing, now in its fifth edition. By targeting three percent growth and adjusting holdings to meet that goal, even novice investors can level the financial playing ...