Get Markets Right

Below you will find my weekly view on the very challenging financial markets.

Read more about all the interesting happenings in the financial markets in the 5 entries here below. I hope you find it interesting to read my private view about the consequences for the stock markets, currencies, China and what to expect from the central banks.

The 5 entries from today are:

Currency markets – Finally reacting on different factors

Equities – Another bull go, backed by the US tax payer – PPIP it’s called this time….

China – Reorganizing the car industry

Hot Topic – EUR/USD – Did Fed start a new EUR/USD trend ?

Central bank rates – They did, quantitative easing from Fed…….

Currency markets – Finally reacting on different factors

EUR/USD (1,3550): This weeks “Hot Topic” is EUR/USD but the conclusion is here.

Short term the US housing data Monday to Wednesday might help the greenback and even the personal income (exp. -0,1%) and personal spending (exp. +0,2) could support. Funny enough, I have the feeling that if the PPIP news are well received it’s also dollar supportive. It explains the entry level at 1,3300 if I should take a position. As it is too early with the big investor depression about the huge US debt, the position will not be the fundamental one. Therefore I would choose a stop loss at 1,3000 and very likely an exit at 1,4000, maybe even a turnaround…

Hot Topic – EUR/USD – Did Fed start a new EUR/USD trend ?

EUR/USD (1,2975): Last week I was waiting for the next hurricane, but it was a big surprise for me that Fed should be behind it. I have long argued that the market long term will judge the US debt very negative sending the greenback lower. Last week we got a feeling for it as the dollar index had the steepest weekly drop in 24 years. My problem is that it was a surprise and conflicts with my short term view on EUR/USD.

A Fed purchase of T-bonds as quantitative easing was the next step in Mr. Bernankes “helicopter speech”, where the global financial community showed “thumps down” by selling…

Below you will find my weekly view on the very challenging financial markets.

Read more about all the interesting happenings in the financial markets in the 4 entries here below. I hope you find it interesting to read my private view about the consequences for the stock markets, currencies, China and what to expect from the central banks.

The 4 entries from today are:

Currency markets – Feels like waiting for the next hurricane.

Equities – The bulls are having a party

China – Still joining the bull party

Central bank rates – One cut more from ECB in April and we are there.

Currency markets – Feels like waiting for the next hurricane.

EUR/USD (1,2975): Trading around 1,3000 is slightly above the current range and also a sign that my bearish view on stock markets suffers short term. It is still all about equities so it’s hard to come up with anything new regarding FX compared to the comments from the last weeks. I will keep the FX views fairly short for the same reason.

I have the long term view that the greenback will be hurt from the growing US debt and investor uncertainty. Short term, on the other hand Europe has the well known and serious credit exposure in CEE. The markets act as had the risks disappeared – sorry but they…

Below you will find my weekly view on the very challenging financial markets.

The week has been extremly busy and then I caused some technical problems – all in all it gave some days delay with I apologise for. Probably also causing some text problems this week, not always so easy J

Read more about all the interesting happenings in the financial markets in the 4 entries here below. I hope you find it interesting to read my private view about the consequences for the stock markets, currencies, China and what to expect from the central banks.

The 4 entries from today are:

Currency markets – The Greenback is the key again

Equities – Realistic risk conversations would help the market.

China – Wen…

Currency markets – Escaping everything.

Non major currencies

This week I start with a thought in general regarding a couple of non major currencies. The very significant

drop in some currencies like Swedish Crowns or Polish Zlothy now leads to growing sign of goods arbitrage.

It now pays of for private household to spend time and transportation costs to shop in these countries. If you

remember back when the ERM blew up in the 90’s and the Italian Lira dropped like a stone, we had the same

picture with private households importing everything from Italy.

Currencies like SEK and PLN might be able to drop another 10%, but it starts to seem excessive. Should it

be excessive, then the only two short term ways to compensate will…

Below you will find my weekly view on the very challenging financial markets.

Read more about all the interesting happenings in the financial markets in the 4 entries here below. I hope you find it interesting to read my private view about the consequences for the stock markets, currencies, China and what to expect from the central banks.

The 4 entries from today are:

Currency markets – The Greenback is the key again

Equities – Realistic risk conversations would help the market.

China – Wen thinks its ok, or does he?

Central bank rates – they give it another try at ECB……

Currency markets – The Greenback is the key again

EUR/USD (1,2600): Today (Monday) the Dollar index reached it’s 3 years high. It corresponds extreme well with the trading pattern during the large equity sell off in October/November last year. Partly flight to quality and some hot money from China find their way to the greenback, but as the stock markets are setting new lows, investors are also forced to exit hedge funds. Hedge funds primarily are USD based so they need USD cash to pay out.

As mentioned the last couple of weeks, one would expect the Central- and Eastern European crisis to hit the Euro. That is still a risk (or opportunity) and this risk might even grow during the…

Below you will find my weekly view on the very challenging financial markets.

Read more about all the interesting happenings in the financial markets in the 4 entries here below. I hope you find it interesting to read my private view about the consequences for the stock markets, currencies, China and what to expect from the central banks.

The 4 entries from today are:

Currency markets – Event risks are rising

Equities – It feels heavy……

China – So far the Ox turned out to be a bull.

Central bank rates – The next in line is ECB