mgiuliani

mgiuliani

Based on this graph a possible and in many ways salutary correction may be concluded from the ellipse marked in blue (9.000/8.800 points). Of course this scenario is plausible only in case of Brexit.

mgiuliani

In the case of Brexit we may see a rapid and violent appreciation of the CHF against all major currencies and particularly against the euro. The exit of the UK could in fact undermine the euro stability and entice other countries to leave the eurozone.

mgiuliani

The U.S. Energy Information Administration said in its weekly report that crude oil inventories fell by 0.933 million barrels in the week ended June 10. A vote by Britain to leave the European Union may tip Europe back into recession, putting more pressure on the global economy and undermining future oil demand prospects. We believe that the oil price may yet...

mgiuliani

We believe that the Brexit can make the pound a safe haven currency like the Swiss franc and the dollar. Not only: Large current-account deficit is one of U.K.’s key economic vulnerabilities, ans a “leave” vote could increase risk premia in GBP assets; But in event of Brexit, “referendum-itis” will be catching from Catalonia to Netherlands, in France could change...

mgiuliani

We would expect EUR/USD to drop 2.50/3.00% in the event of a Brexit. The EUR/USD rate has moved about 20% as much as GBP/USD in reaction to the most recent poll releases. The target is positioned @ 1.0974

mgiuliani

If it was confirmed the break of support at 17.430 would open its doors to around 16,000 points, finding a first target in 16.799 area, like first target and then 15.920. The italian economic growth prospects are not favorable. The total public debt continues to increase and tensions within the euro0.04% zone could be harbingers of negative cues in the markets....

mgiuliani

Ingenico (INGP) is the global leader in seamless payment, the balance sheet is healthy, with a relatively low debt. Growth prospects are very interesting and we believe that the first support of 96.25 EUR is a strong buy.

mgiuliani

It is a risky trade. The German five year Bund briefly slipping below the ECB's deposit rate of -0.40%, tecnically making it inelegible for its QE programm. In the next few days there are some appointments that could be very destabilizing for the market: 23 June: Brexit 26 June: Spain elections. The Bund is a "safeheaven", currently appears to be no more...

mgiuliani

We think that the bond markets has erased the expectations of a June tightening and we can reasonably expect interest rate will stay on hold until after the US election in November. The support line are 1.70% that represent a multi-line support for this year. Then other supports are placed at 1.61%, 1.54%, and 1.39%.

mgiuliani

Go LONG at this price, and insert a STOP LOSS under 31.00. The target is 32.75

mgiuliani

Long AXP if it trades at 66.00 or higher. If triggered, place your stop at 63.69 and exit the position for a profit at 71.50 or at your own discretion.

mgiuliani

From our point of view the S&P500 index could be close to the break-up of the trendline, with a target indicated in area 2.130 points.

mgiuliani

Consider that in the coming days we will have this calendar: June 14 Fed rate decision June 17 Three witches June 23 Brexit June 26 Elections in Spain For these considerations we consider plausible a dollar appreciation in the short term .

mgiuliani

The company announced that it plans to make available on the market 20 new drugs in the coming years, with even the possibility of seeing approved new indications for products already authorized. The therapeutic areas in which the company is engaged are diabetes, oncology, immunology, neurodegeneration and pain therapy. P/E 34.41 Forward P/E 18.90 Yeld: 2.72%

mgiuliani Updated 

Apple could buy Time Warner, we think that a first target is 84.00.

mgiuliani Updated 

Ingenico (INGP) is the global leader in seamless payment, the balance sheet is healthy, with a relatively low debt. Growth prospects are very interesting and we believe that the first support of 96.25 EUR is a strong buy.

mgiuliani Updated 

The FTSE-Mib index is next to test the dynamic resistance, passing though the resistance that are currently in 18350 and 18530 area. In my opinion, the index could groped a new attack towards 19000 area (only if passing the 18.530 area), which if exceeded this time could encourage a further blow to the kidneys to the important static resistance area at 19350....

mgiuliani

This operation is shown only to those who possess an account denominated in US dollars. The currency is still pegged (7.75 per US dollar) in a very narrow band of fluctuation, the maximum may fluctuate 1.27%. But if the Hong Kong Government will reassess the HKD the gains could easily be 15% or more. The best way to invest in this scenario is buying a bond of the...