Feb 7, 2023 | Uncategorized
The Fed raised 25 basis points as expected which indicates a possible slowing in the rate of increases. As a result, we have had an ongoing softening of the Dollar after its recent disorderly descent. The US Dollar/Chinese Yuan, was in a head and shoulders structure...
Dec 1, 2022 | Uncategorized
In light of Powell’s comments last night, very little was revealed that was new.He continued to assert that inflation was running too high and needed curtailing. This was despite requests by the interviewee for a period of ‘catchup’ wage price inflation, given that...
Nov 4, 2022 | Uncategorized
The 0.75 interest rate hike was well flagged and is now in. Whilst initially some people have interpreted dovishness in the Fed’s comments the dollar has reversed strongly to the upside after a volatile session against the yen on the dollar index (made up of the...
Oct 6, 2022 | Uncategorized
With the OPEC cuts in oil production allegedly by as much as 2 million barrels a day, and the intentional attack on the Nord Stream gas links, Germany is going to be captive to United States provided liquid natural gas this winter. There may be a big drive to reengage...
Sep 20, 2022 | Uncategorized
Bitcoin and crypto is keeping the wrong kind of company. What do we mean?In the chart below, we have illustrated Bitcoin against ARKK.ARKK 2D compared with Bitcoin The failing ETF fund, is actually a leading, lower beta version of Bitcoin, for the data under review,...
Sep 1, 2022 | Uncategorized
The ADP number is a sample of, and a proxy for, the Nonfarm payrolls number (NFP) that will be released on our Live Trading Day on Friday, and it came in below expectations. It is a sample of companies that use one of the biggest payroll payslip provider companies,...
