US Update – January 7 – Claims, Trade, Stocks & Services ISM
USA500,H1 A widening US trade gap, a persistently high (although falling) claims and a big beat for ISM Services The -3,000 initial claims drop to 787,000 in the New Year’s…
Read More »Focus on the Data, but Politics Still in Play
After last week’s focus on US stimulus, Brexit, vaccine roll outs, virus worries, and lockdowns, attention will turn back to fundamentals with heavy data slates around the world. However, politics…
Read More »Market Update – 2020 Day 366 – More grief for the Greenback
USDIndex, Weekly My diary tells me it’s day 366 of 2020. I started my WFH campaign on March 11, when the USDIndex was trading at 96.40 and on its way…
Read More »FX Update – December 18 – USD stops falling, Brexit flounders on fish?
EURUSD, H1 The Dollar has finally found its feet, concomitantly with global equity markets coming off the boil. Some market narratives have pinned this on news that Pfizer will under-deliver…
Read More »Gold Stressed into year end?
The second wave of Covid infections globally has caused increasingly stringent lockdowns, which in turn have led to a resurgence of uncertainties over the near term growth outlook and are…
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