US President Trump has been on the twitter and also speaking with media. He has finished, for now, concluding with a warning to China on response to HK protests - says a trade deal with China is more difficult if there is a violent crack down on protestors from the mainland. […]
Trump speaking with media. Sorta makes you wish he'd stick with twitter. Earlier swings in sentiment from the Prez. Read from the bottom up for chronology. Or don't bother. Read at random is probably more aligned with what's going on with his thoughts: […]
More from US Presdient Trump speaking with reporters - had talks with Apple CEO Cook - spoke about impact of tariffs - Said Cook concerned on competition from (non-tariffed) Samsung KOSPI, won traders might like to take note.&nbs […]
US President Trump remarks to media - China wants to make a deal, we'll see what happens - China's President Xi has something in mind to do with trade - Greenland is strategically interesting […]
Via the ), the paper say they have the full copy of an unprecedented leak of government documents Sunday Times (gated "This is not Project Fear-this is the most realistic assessment of what the public face with no deal. These are likely, basic, reasonable scenarios-not the worst case," a senior government source told the Sunday Times. […]
Speaking on a TV interview, Navarro said More here. Dunno where he was with these comments on the day US equities were getting smashed. ForexLiv […]
Trump upbeat on China talks: Whit House economic adviser Larry Kudlow has also been unleashed, doing Sunday television interviews: - "No, I don't see a recession" On China talks: […]
A piece in the Hong Kong press (South China Morning Post) with remarks from a former SAFE (State Administration of Foreign Exchange) official if you'd like more&nbs […]
German Finance Minister Olaf Scholz spoke on Sunday, - Said Germany has fiscal strength - is thus able to counter future economic crisis "with full force" -- […]
Good morning, afternoon or evening & welcome to Monday morning. Monday morning market liquidity is very thin. Prices can swing around on not too much at all, so take care out there. Liquidity improves as more Asian centres come on online. […]
Upbeat comments from the Prez. No details, of course, the market will discount the bluster quickly. ForexLiv […]
What's coming next for global markets Bonds are painting an ever-dour message on Fed policy, an end to globilsation and slower global growth. We look ahead to next week. If you have a spare hour (I know, who does these days?), I have put down the link for my recent webinar on using volatility as a framework to manage risk. […]
The euro is the linchpin holding everything together, but it's breaking The euro closed the week at the lowest level in two years but this might be just the beginning. The ZEW survey this week showed economic expectations tanking and the euro won't be far behind unless Merkel reverses course and starts spending. If the euro […]
Not clear where the tanker is headed A Gibraltar court released the Grace 1 tanker on Saturday and the ship is preparing for departure. The move came despite US objections and appeals. The US government issued a warrant to seize the ship, saying all oil aboard the ship is subject to forfeiture due to a "schem […]
The central bank rundown The weekend is a perfect time for a quick catch up for where the major central banks are at. The central banks will be listed with the most bearish central bank first which will be, drum roll please, and no surprise it's the Bank of England winning the current battle of t […]
Forex news for NY trading on August 16, 2019 Yes this week, had a day when the Dow and Nasdaq each fell over 3%. However, this week was really about yields.&nbs […]
Major indices close up 1.2% or better The major US indices are closing with provisional gains of 1.2% or better. The numbers are showing - The S&P index rose 41.12 points or 1.44% at 2888.71 For the week, despite the solid gains today, the major indices are ending the week with losses (but it could have been worse). […]
Forex futures positioning data among noncommercial traders for the week ending August 13, 2019 Highlights: ForexLiv […]
Fed Chair Powell speaks at Jackson Hole Economic Policy Symposium on Friday The meeting minutes from the last FOMC meeting will be released on Wednesday at 2 PM ET/1800 GMT. The market is very sensitive to what the Fed might do at their next policy meeting in September. There is a 100% chance for a rate cut, with the market currently pricing in […]
Fed's Mester (non-voter in 2019) speaking. She is generally considered more hawkish. Loretta Mester is speaking. She is a nonvoting member of the Fed in 2019 and is generally considered more hawkish: […]
