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Weekly Market Update
Developments in Eurozone resemble some surreal movie In the last weekly update we wrote about our bearish tone towards Japanese yen. And to be frank, we have been bearish in all our daily market...
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Markets on 20 Feb
Bank of China cut boosts commodities Key market moving events today - US was on holiday due to President’s Day - UK Feb Rightmove house price index jumped 1.4% from year ago, better than previous 0.4%...
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Saudi explosion sets WTI crude on fire
Key market moving events today - China NBS manufacturing PMI beat expectations at 49.6 - Switzerland Q4 GDP was slightly better than expected - UK Feb Nationwide housing prices rose 0.9% yoy better...
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It was volatile week on currency markets
Key market moving events today - Eurozone Economic Summit -EU Council President Herman van Rompuy welcomed Greek steps to meet reform demands by international creditors. “The Greek authorities have...
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Weekly market update
We shorted on Thursday morning (January 26) on the NYMEX crude oil futures contracts at 101.27. Stop was at 101.97. The trade was closed on the same day at 100.57. Profit per contract was exactly...
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Fed considering new QE, markets rally
[checklist] Key market moving events today - Australia Q4 GDP came in at 0.4% while market expected growth of 0.8% - Germany Jan factory orders fell a whopping -4.9% yoy or worse than -1.7% that was...
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Ben Bernanke turns markets upside down
Key market moving events today -German IFO business confidence increased slightly to 109.8 vs 109.6 expected and 109.7 previous. Current conditions remained unchanged at 117.4 and sub-index for...
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