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The summer of our discontent

Yohay — Thu, 11 Aug 2011 08:44:50 +0000

There’s a myth in markets that August will be quiet with little going on. One of the reasons why this is often not the case is liquidity. When liquidity is low, moves are more exaggerated. Furthermore, on big moves, rumours then start to circulate as to what may be behind them. Tuesday was one of those days, with stock markets getting pummelled and bank stocks in particular.

Many of the rumours surrounding France were way off the mark, with triple-A ratings affirmed from the main agencies and the 10-year bond yield hitting a new low for the year at the 3.06% level. At the moment, the early prospects for European stock exchanges looks positive, but as recent sessions have shown, this offers few guarantees. In the FX space, the Swissie is weaker overnight on comments from the SNB’s Jordan whilst the Aussie, and more so the kiwi, have recovered overnight, the former held back by disappointing jobs data.

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Forex Daily Outlook – December 16th 2009

Yohay — Tue, 15 Dec 2009 22:00:51 +0000

A very long day expects forex traders, with the FOMC meeting in the limelight. Also note British unemployment, Australian GDP, and many more important figures. Let’s see what’s awaiting us:

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Forex Daily Outlook – December 7th 2009

Yohay — Mon, 07 Dec 2009 00:00:18 +0000

The new week opens in the shadow of the Non-Farm Payrolls on Friday, which sent the dollar up. Ben Bernanke’s speech is the highlight of today, among other events. Let’s see what’s up for today:

In Australia, ANZ Job Advertisements are expected to return to growth, in accordance with the rise in jobs. Official employment figures will be published later in the week.

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Forex Daily Forecast – November 30 2009

Yohay — Mon, 30 Nov 2009 00:00:01 +0000

The new forex trading week starts off with the Dubai crisis still looming. Canadian GDP, and European inflation will stand out in day with events from all over the world. Let’s see what’s up for the last day of November.

Arabic version of this post

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