Posts Tagged ‘Recovery’
Risks include:
Sovereign debt and associated imbalances
Unsustainable patterns of demand
BOSTON (
MarketWatch ) — There’s a good chance the stock market will return 6.5% over the coming decade, after inflation, according to a new study. It’s not as though that’s money in the bank, but the findings can serve as a useful reality check for those trying to predict a rate of return for the [...]
Interviewed on CNBC…
Rising commodity prices squeezing margins
If passed-through later this year, would be a concern
Seen the bottom in inflation; will head up from here
Need to withdraw monetary policy stimulus at some stage
QE reexamination at each meeting; improved growth outlook tilting the case against further QE2
Price action on EUR/USD (a daily chart of which is shown) as of Monday (1/31/2011) has recovered much of the losses it suffered on the last day of last week, when the pair made a corrective drop after hitting a high at 1.3756. As long as a breakdown below key support at 1.3500 does not [...]
Did someone say “global recovery”?
Scanning the Reuters headlines this morning we find the following array of not so good growth news gracing our otherwise happy Wednesday:
Eurozone services growth declines—dented by Ireland and Spain
Spain services sector shrinks
Portugal economics worsening
UK retailers had a bad Christmas season
[...]
Inflation remains contained
Interest rate differential could add to CAD upside; that is a particular concern given CAD strength
Monetary policy should remain highly accomodative
Sees 2011 growth of 2.3%, down from 3.0% in 2010
Written by FastBrokers House – Most interest has been on USD/JPY and we have seen the pair grind its way higher amid some quite large turnover. The weak machinery orders and prospects of rising US rates kept the pair well bid and the North Korean military drills provided the momentum to break [...]
Quote of the day: Nobody can give you wiser advice than yourself. – Cicero
EURUSD
Trading strategy: looking to sell at 1.3690, stop at 1.3760, 1st objective at 1.3640, 2nd objective at 1.3550
Support around 1.3570 has been retested and held, but it certainly doesn’t look strong enough to consider buying dips. Short-term sentiment remains bearish as long [...]
Quote of the day: Sometimes it is better to lose and do the right thing than to win and do the wrong thing. – Tony Blair
EURUSD
Trading strategy: standing aside
Euro’s sell-off continues amid European debt concerns which are worsening risk appetite in the market. The pair failed to hold recent gains above the $1.400 mark – trading [...]
Quote of the day: In truth, the gold standard is already a barbarous relic. – John Maynard Keynes
EURUSD
Trading strategy: standing aside
Although it recovered some lost ground yesterday, the euro found resistance at 1.400 and was sold-off, the scenario repeating in today’s Asian session. Speaking of intra-day conditions – main question now is whether the recovery [...]
