Goldman Recommends Dec. 2024/Dec. 2025 Euribor flattener Supported by incremental domestic data and possible US spillovers, given the long wait until definitive data on a September cut; current rate-cut pricing suggests yields will struggle to rise from current levels, while the hawkish formal guidance lowers the bar for upcoming ECB speak to rebalance the debate a little more dovishly; bank’s economists continue to forecast a quarterly pace of rate cuts. Traded 27k lots on Friday #markets #tradeidea #euribor #futures #options
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📊 Inflation in Europe has moderated substantially and close to the ECB's 2% target, while the economy has underperformed, under the weight of the tightening cycle that started nearly two years ago. #trade #traders #trading #tradingforex #forex #fx #fxtrading #forexmarket #forextrade #forexanalysis #cfd #cfdtrading #investing #tradingstocks #stocks #stockstrader #stockmarket 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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Risk of sentiment mutes any positive moves - https://lnkd.in/eWewEifz - Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments
Risk of sentiment mutes any positive moves
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Market highlights for the week ended Aug 30, 2024. Domestic equity markets rose for the third consecutive week as key benchmark indices BSE Sensex and Nifty 50 rose 1.58% and 1.66%, respectively Domestic equity markets rose during the week following the dovish comments from the Chairperson of the U.S. Federal Reserve that raised the expectations of rate cut in Sep 2024 Bond yields started the week with marginal fall tracking fall in the U.S. Treasury yields as Federal Reserve Chairman indicated that the central bank is likely to commence interest rate reductions starting in Sep 2024 Yield on the 10-year benchmark paper (7.10% GS 2034) was unchanged to close at 6.86% from the previous week’s close #marketupdates #edelweiss #EdelweissMutualFund #mutualfunds #mutualfundssahihai
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Risk of sentiment mutes any positive moves - https://lnkd.in/e8F4W_vB - Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments
Risk of sentiment mutes any positive moves
https://trademakers.com
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Risk of sentiment mutes any positive moves - https://lnkd.in/e8F4W_vB - Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments
Risk of sentiment mutes any positive moves
https://trademakers.com
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🚨🇺🇸BREAKING: According Deutsche Bank, the US Treasury yield curve officially ended the longest inversion in the bond market history. On Wednesday, the difference between 10-year and 2-year Treasuries closed positive after 565 consecutive sessions of inversion. Therefore, it broke the previous record marked in the late 1970s when the curve was inverted for ~410 trading days. Over the last century, most recessions started after the yield curve turned positive again. On the other hand, a perfect soft landing could still steepen the curve and prove this indictor wrong for the first time.
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EURUSD printed fresh 1-year+ lows yesterday, trading below $1.06 for the first time since the 3rd of November last year... Naturally, this has got the blood pumping around the City as banks and analysts dust off their euro-parity-predictions once again... Here's a roundup of the latest bearish calls on the euro: - Pictet Wealth Management: Parity with the dollar. - Deutsche Bank: Risk of falling below parity, potentially to $0.95 or lower. - TD Securities: $1.03 by January, with parity possible after that. - Mizuho International: $1.01 by March. - ING Groep: $1.01 by early 2026, down from $1.10. - Goldman Sachs : Risk of trading below the dollar with global tariffs. - JPMorgan Chase: Could trade through $1.05 and head towards parity. My take on FX forecasts: 1. They are usually wrong (we have evidenced this) 2. Never make a business decision based on them 3. They can be academically interesting 4. They can give a useful view on sentiment 5. Forecasters have zero accountability 6. They change with spot price movements 7. Business leaders should ignore them
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Greetings good people 🖐 #Eurusd Technicals: This week I am looking to sell the euro with my most important areas being around 1.07098 and 1.07374. All of the horizontal lines I will be looking to sell at them.😉 Fundamentals: Investors have slashed bets on Fed cuts and pushed back the start of the easing cycle to September after Wednesday's hotter-than-expected consumer price (CPI) report. This move is being helped by renewed Euro weakness after yesterday’s ECB meeting ramped up expectations for a June interest rate cut. sources: investing.com, Tom westbrook(Reuters) Nick Cawley, Dailyfx
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Risk of sentiment mutes any positive moves - https://lnkd.in/e8F4W_vB - Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments
Risk of sentiment mutes any positive moves
https://trademakers.com
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https://lnkd.in/gn7XMFwk The USD strengthens, oil prices weaken, equity markets are mixed, and US yields rise as rates remain in focus. The USD rebounded after Fed Chair Powell took a less dovish stance, saying the Fed... #piifx #paymentsinternational #payments #paymentsolutions #treasury #finance #ceo #cfo #cfa #controller #accounting
Tuesday October 1st, 2024 | Payments International Inc.
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Head of F&O Rates Team - Dubai
6moNow trading -59.5 post cpi, if you followed that one in