I have seen how broken structures come together to be a mighty force, but the Euro is an exception becomes its highly fragmented and growing much more apart. The cutting of rates after about a decade of ultra-low interest rates, it will take a while to get used to an expensive Euro. Mood : Slightly bearish.
Nigeria's economy has shown remarkable resilience in the second quarter of the year, defying expectations and paving the way for a promising outlook. Despite global challenges, the West African nation has made significant strides in key sectors, setting the stage for a robust performance in the remaining half of the year. Under the leadership of Governor Cardoso,...
This may simply be an allusion. The NSE is charging on a bullish notion, P/E ratio variably stands cheap.
Once, the US GDP fell behind consensus. I knew the Euro seemed to gain from this. And the NFP disappointed, too much bearish pressures against the USD. CPI will be the focus
PEPPERSTONE:USDCAD once again, upped the supply zone. The Fed last week indicated 3 rate cuts this if things kept going the way they were. But what things? Well, this could be Inflation and unemployment. A 4% unemployment is considered full employment coupled with the 2% expected core PCE which is coming out on the 29th of this month. With the commodity rage and...
Bearish outlook for the EUROZONE THIS WEEK. Its as simple as it gets. Charles Dow said price is everything
The spirited hearts of many Investors is the spell called "a soft landing" . Imagine this world with a low unemployment rate of 4% average, falling inflation and resilient economy. Yet, reality shock is war a an Oil squeeze. The reality show is NASDAQ:AAPL just became the largest smartphone producer. The fall is a strong dollar due to the highest interest rate...
Its been sincerely profound that all my analysis have been correct let alone this surprise BoE hawks. I was expecting a neutral stance but anything the pound needs right now is a bullish enigma. And it's got it! Central banks hawks are always coincidental fundamental analysis thus, my bias for a bull on this pair OANDA:GBPNZD
History repeats itself. what goes up most come down. Two vague quotes that have influenced the financial markets, acting almost like the law. Learn to understand the beast so you could manage your loses
Assumptions may be the global food inflation sustained the New Zealand economy. Assumptions maybe the employment data may not be good enough but remember, it's a lagging indicator. who knows? But I am bullish on commodity currencies this week.
The loonie is my best friend for the week. CAD has always been the last commodity mover historically. It's high time it bulls.
The war continues giving and keeps taking, for each resource consumed, there is an energy wasted. A barrel burnt, sanctions placed on the Russians too. I could go on, the OANDA:CADJPY is set to bull once the BoJ's bluff is called tomorrow my time.
Imagine a time like this, a time of extreme uncertainty, a time central banks have become the Lords of the rings, Declaring and delegating their authority through the prime use of interest rates and open market operations. This is also a time of WAR and energy is at its peak of importance. The middle east tensions coupled with America's fragile economy is a good...
Just last week monday, the NZ CPI(qoq) came out at 1.8% below the consensus but well above the CPI July quarter. This amazing because it's a net increase! Coupled with the positive Chinese GDP, I see Australia's CPI coming strong.
The German Flash PMI has been on a steady (MoM) decline and I see it has bottomed. Nevertheless, I expect WTI to outperform Gold this week, for this Middle East reason I choose EURAUD.
Best entry date for GU would be after the flash PMI on tuesday which would be a negative impact on the Pound. Creating a demand pool for price
BoC GAME CHANGER is all more to expect. A retracement breaking friday's high would prove premium prices to sell
The CPI(QoQ) which is scheduled for release on Wednesday 25th is expected to come out bad but remember, sometimes bad news is good news. Although, the news may come out below consensus, inflation may beat the last quarter! Now that's the kicker as this will send a clear message, the Australian Economy is stabilizing. WHY CAD? On this same day, the BoC would be...