Here a new report from HSBC’s global research team. I like this report. Its not a technical report but it is a very thought provoking report. They nicely and properly include the bullion within their global fx view. Contrary to what Ben thought Gold is a currency class all by it self which HSBC appear …
Continue reading “HSBC GR GlobalFX (Inc Bullion) Tech 11th Oct 2013”
Here yet another report from the professionals on the UK with some accompanying FX forecasts. Summary Nordea: In spring the recovery was seen as the slowest in 100 years. Now, PMIs are the highest on record. In spring Governor Carney was the dove above doves. Now, he sees no need for more QE and is …
Here the usual excellent observations from the wealth man team of CS in Zurich. CS-Wkly-WealthMan-11-10-13 Rich
Here a new regular report care of new vip. Many thanks to you know who you are. Comments to follow but as general comment, their report reflects the current total confusion in the market across the major pairs.. eg JPY, USD, EUR and GBP. JPM-FX-11-10-13 Rich
The usual excellent report from the SChartered private high net worth banking team. A mix of macro and tech across the major asset markets. SC-WklyMktview-11-10-13 rich
Commerz-Wklytech-Multimarket-10-10-13 Where they site technical weakness which has subsequently reversed read as technical strength and momentum! “From failed moves come fast moves” will pay you handsomely over the years. All the best Rich
As a general comment, the main US equity market indexes appear to be in a giant distribution since May. Higher highs have been achieved but at the cost of weaker and weaker technicals. Its not a hugely positive market in spite of higher prices being achieved. Europe has more momentum and price support for the …
Continue reading “Weekly Macro,Commodity & Econ Focus inc Japan & UK (CS, Epstein, WF, JP, etc)”
The Swiss team are sticking to their view that this is all part of the price distribution that marks out a top building period for the US indexes. The recent break of 1709 on the sp500 as well as the euro index strength were game changes for them and hence they have extended their call …
Continue reading “Weekly Technical Analysis – “S&P500 To Make Minor Low This Week””
Here below the Swiss team’s latest Technical report. Apologies, I’m traveling once again putting the final touches to various new investments. Analysis to follow as an update, many reports on the vip members area. Here the usual weekly tech report: WklyTech-24-09-13 The best to all Rich
The Swiss team’s report listed below. World markets are continuing to show remarkable resilience in spite of all the indicators pointing to likely price weakness and even a correction. The team have pushed out their deeper correction timeline to Q1 2014 now given the likely higher high by the s&p500. Near term, they are now …
Continue reading “Weekly Technical Analysis – “SP500 Toppish & Europe Trading in Wave 5””
Here below the Swiss team’s excellent technical round up of the major markets across the world. I’m personally traveling and researching a specific property investment project so its hard for me to comment more meaningfully other than the long portfolio is running and this persistently warm tail wind to wealth is a wonderful thing and …
Continue reading “Weekly Technical Analysis – “Use Strength Into First Half Sept To Sell””
September is usually associated with providing direction in the markets after the long summer months of chop and churn which is designed to confuse participants on where next. The macro theme since May of this year has been rising rates globally albeit from super low historic levels. Rates have risen quickly with today seeing the …