Market Talk

Google Ad

Where have we been and where are we going? Join our weekly market thread on Traders Community...

FEAR NOT Brave Investors


Strange times But remember The Joker once served as the Iranian ambassador for the United Nations.

Isolation - Job Losses - Hope

The Week That Was:

Panic and fear continues to ramp up, the VIX remains over 60, with Covid 19 reaping havoc throughout the world. After having the largest S&P 500 crash since 1987 losses were curtailed somewhat on short covering and value buying after all the money pumped in globally, from not just the US but, Canada, Australia, Japan, UK and the EU among pthers.  The fact is economies are shutting down, The latest Fed QE infinity programme is a yield curve control policy with long government bond yields coming down but bond supply and continued central bank resistance to more negative policy rates limits the move.

Stockmarkets, commodities and currencies have beencrumbling adding to the fear. Central banks have been cutting rates and adding liquidity to avoid systematic failure.  Where to from here as the world isolates with added financial, fear and psychological damage escalating. Investors will continue to monitor updates related to COVID-19  in the face recession. The virus and unexpected consequences keep “fat tail risk”, in both directions alive. 

Oil prices still hover aroun 17-year low levels  due to low demand globally,  even lower in the land locked grades. Russia is under $9 abarrel and Wyoming offered at $1.75. The amount of stimulus or bandais is extraordinary and one has to be open minded in both directions. Historically bear market rallies are fast and furious, and we are at the beginning of an economic recession (depression). In 2008 we had a 20% and 25% bounce in the S&P 500 during the total 57% top to bottom price fall. For the virus we have the great unknown with medical expertise not at a consensus how the virus destruction and recovery will play out. Will virus cases level off in late spring and vanish so things can get back to some sort of normality by late summer? Or will there be a second wave of cases during the autumn/winter, forcing new lockdowns or leading to fear and voluntary social distancing (a W-recession scenario). For how long are you immune after having had the virus, a long time or a couple of months? Will there be a vaccine and when?

What will right the ship? At this point people seek comfort, nothing short of massive fiscal responses will gve that until the disease fear factor is reduced. Forward two weeks and we have warmer climates in the Northern hemisphere and with that hope, but then there is the Southern hemisphere.Meantime be smart and self isolate and stay in contact with loved ones.

Our best advice is stay rational and be prepared for many alternatives, either way. With crisis comes opportunity. From a market point of view this is not unprecedented, many other bubbles have popped with similar results. What is unprecedented is the pandemic, the mass media and social media fear mongering, the massive QE and printing and the strange era of entitlement and no responsibilty fed down from politicians to the youth of today for electoral purproses. Put all that together and we see the result.  Again this isn't unprecendented just a different catalyst and fuel. Stay tuned. take a breath and think clearly.

I Wonder To Myself

This maybe one of the wizard's greatest moments of redirection. "The same extreme bulls are now extreme bears, what did we tell you about the madness of crowds?"

For now the focus is that the virus incubates for around 2 weeks so how many  carriers is an exponential number. Patient zero was from Wuhan, a city of over 11 million. (Yet the infections have slowed dramatically) With this knowledge shrewd investors are looking past past earnings rebound and focusing on the spillover impact from the coronavirus on U.S. corporations.

Remember. nothing is as it seems.

Stay alert to the political and geopolitical shifts with the world in flux. Government policies related to the environment, trade and tech sit high on the watch list.  Political and economic agendas that Influence policy-making is top of the list. For the US it is not just external threats, including increased political tensions between countries but also internal threats highlighted by the partisan impeachment devide. 

Politics influence all, directly or indirectly.  The virus and psychological affect on domestic and trade relationships have the potential to impact growth strategies with unexpected consequences with this markets are also vulnerable.  In a  fully fledged stock mania, nothing matters until it does. That is the feral nature of greed. Is Coronavirus that dreaded black swan?

Behind it all is world wide low interest rates and QE pump priming by the world's major central banks,  the Federal Reserve, Swiss National Bank and ECB all preached more of the same. This has just been ramped up a notch.

Meanwhile tje Fed is committed to about 50 Billion a day in repo, funds  into the system to maintain liquidity, in its not QE4 repo program.The consumer has been keeping the economy robust. How will they act to alleviate the panic of the market drop, this is essential given the security of the repos they have out.

The fear of missing out and blind partisan politcs creates intertesting bed fellows. Be alert and put your ear plugs in and watch the whole spectrum its all related, geopolitical, debt markets, commodities, stocks, herds, greed and entitlement,

The spectre of Deutschbank overhangs Europe as does the new British PM, Boris Johnson. Their are other spectres out their we just don't know it, or want to.

"Negative yields on long-dated government securities are more reflective of distorted market conditions than of stronger sovereign credit profiles, Fitch Ratings says. Lower interest service costs support sovereign creditworthiness, but this must be weighed against the impact of the economic conditions leading to lower yields and historically high government debt levels in a number of countries.- Fitch"

We remind you to stay on your toes, ad nauseum we repeat; In this surreal world that market prices can only go up, with bizzare acceptance that we can't go down and you are a fool if you think otherwise. In saying that the old saying, the trend is your friend rings true.

Akio Morita mistakes

The Week Ahead

This week we expect more volatility with the engulfing uncertainty of the Coronavirus and in commodity markets, particularly in oil and other commodities, not to mention unrest in Libya and Iraq.  

Geopolitical risk is on high alert with President Trump under pressure at home and abroad. There are a few American economic reports  The biggest risk alert remains valuation, the stock market’s record highs and price earnings ratio of more than 18.5 have still not been rinsed. That has obviously being adjusted after this month's crash.

Expectations are mixed in the UK on whether Boris Johnson will be able to secure a trade deal before the end of the year.

The Coronavirus has created fear in the world which has spread to financial markets, how doe the markets react from here? U.S. politically remains combustible, Turkey, Iran and Saudi moves, trade wars and repo rates.

Watch for how much the non-manufacturing (services) ISM  drops and whether the surge in initial claims already in March means substantially higher unemployment in the US on Friday. Analysts are looking for sub-35 readings in the ISMs. Chinese PMIs on Tuesday will give us an inisght into any China recovery to normality. Watch for MBA mortgage report also it has had huge swings each week and is key to the economy and homebuilders. Friday we get the US jobs report. In the U.S. investors will be watching data that can help us gauge trade war and coronavirus fallout.

U.S. goods are more expensive due to a stronger dollar boosted by geopolitical woes and negative interest rates in Europe. The dollar index was rampant this week as the attached charts show  Investors are also transfixed by oil and bond prices in reaction to the virus attack, recovery and respsonses.

  • Monday 
    EU Business Climate Indicator, Consumer Confidence, Economic Sentiment Indicator, Industrial Confidence and Services Confidence. UK Consumer Credit, M4 Money Supply,Mortgage Approvals. US Pending Homes Sales
  • Tuesday
    UK Current Account, GFK Consumer Confidence Gross Domestic Product. German Unemployment Rate. US Chicago PMI Consumer Confidence, API Oil Inventories
  • Wednesday:
    UK BRC Shop Price Index, PMI Manufacturing Germany Factory Orders, PMI Manufacturing, Retail Sales. France PMI Manufacturing, EU PMI Manufacturing, Unemployment Rate US Mortgage Applications, ISM Manufacturing, PMI Manufacturing, EIA Crude Oil Invemtories
  • Thursday US Monthly vehicle sales, ADP employment, Markit manufacturing PMI, ISM manufacturing, Construction spending, US Weekly Jobless Claims and EIA Natural Gas Storage,
  • Friday US Employment report, Markit services PMI, ISM nonmanufacturing, Baker Hughes Oil Rig Count, CFTC Speculative net positions

For emerging markets the high US dollar means the Fragile 5 continue to shake. Argentina and Turkey are red letter risks. Voters will also be going to the polls in Poland, Indonesia, the Philippines and Thailand this year.

Over $4 trillion of EM debt matures by the end of 2020, of which around a third is denominated in foreign currency, according to the Institute of International Finance. Nevertheless Banks are telling investors to buy, buy, buy, who is selling you should ask? 

If you wanted to play in the big room at Vegas, you are living it. Understand risk and the madness of crowds for your own sanity and wealth.

Focus on yourself and what YOU CAN INFLUENCE, set your trading plan and goals in be set for 2019. One suspects it will be a year long Groundhog day for Trump, the GOP and the Democrats. We still have trade wars.

Earnings  will see critical updates on production in coronavirus impacted regi and if there is extended halting of operations weighing on multi-nationals.

We start off on Monday with earnings from RH

Tuesday Earnings Include McCormick:

Wednesday Earnings Include: PVH

Thursday Earnings Include: Walgreens, CarMax, Chewy

Friday Earnings Include Constellation Brands

-coment section below data-

Geopolitical Tinderbox Radar

Trade Imbalances IMF

Italy CDS
Turkey Geopolitical

Last Week's Big Stories

The Week That Was - Last Weeks Recap

  • Into The Vortex - EIA Reports -201 Bcf Draw in Natural Gas Storage
  • US Q4 GDP 2.1% vs +2.0% Expected on Exports and Home Investment Boost
  • Federal Reserve Keep Rates Steady as Expected, Repos Through April
  • Crude and Gasoline Inventories Continue To Build With Record Production
  • Coronavirus Highest Risk International Cities Bangkok, Hong Kong and Taipei
  • New Zealand Calls September 19, 2020 General Election
  • Assets Currently at Very Elevated Levels says ECB Mersch


  • Chevron Earnings Hit By Lower Crude Oil and Natural Gas Prices
  • ExxonMobil Earnings Hurt by Lower Oil Prices and Chemical Division
  • Electronic Arts Earnings Beat But Lowers Gaming Revenue Guidance
  • Amazon Surged Above $1 Trillion in Market Capitalization After Monster Earnings
  • General Electric Shares Continue To Rise After Stronger Earnings Than Expected
  • AMD Micro Wobbles On Earnings After Misses Revenue Forecast
  • Apple Earnings and Margins Beat as iPhone, Airpods and Watch Revenue Soars
  • Intel Stock Soars Past Dot Com Bubble Highs After Earnings


Stock Markets

Biggest Stock Winners and Losers Last Week*

Top 5 US Major W 3 27 2020

 Which Stocks Moved US ETF's Last Week

Top 5 ETF W 3 27 2020
 US Stock Indices Performance

US Major Indices W 3 27 2020

S&P 500

We got the completion expected after the SPX wave 5 extension as Covid19 fed impulse accelerating when it closed under the tenkan. From there we see the ABC or 1-2-3 The impulse down found little support until the October 2019 lows  A manic wave 5 or 3 of some degree resolution for the ages.  Recall all hallmarks of a mania, +5/8 Daily MM over the chikou in 5 violent waves.  Note the 100% extension from the emotive element and MM levels when the spit kicks in.

 SPX D 3 27 2020

Acceleration in three waves and through previous IV mark which spat  hard - note channel fractal and adams rule we have cloud and breaks above. Watch Chickou rebalance expect violent off the 3 waves after spit.  Weekly tenkan key, Kijun and tenkan kisses to be watched. Watch if a spit or clear break support as chickou rebalances

SPX W 3 27 2020

Semiconductors ETF - SMH

SMH W 3 27 2020

Apple $AAPL

( Leading underlying strength of US Indices)

 AAPL W 3 27 2020

Amazon $AMZN

AMZN W 3 27 2020



Data via Ole S Hansen @Ole_S_Hansen

VIX caution: Not only did the net-short hit a record but so did the percentage of total open interest which reached 50%. History tells us that positions this elevated could leave the short side very vulnerable to a sudden change in direction $SPX $SVXY $XIV


Speculators increased their VIX futures net-short by 17k lots to a RECORD 188k lots in the wk to Oct. 29. During the past month the #SPX rally has helped widen the contango thereby fueling short-selling strategies though futures and inverse ETFs $SVXY and $XIV.


Fixed Interest

10 Year Treasury Note

TNX W 3 27 2020

Energy and Commodities

US Crude Oil (WTI)

WTI spent the week working off the chikou with the outside trend line under $20 in 5 waves from the recent highs the next target to -2-8 & -1/8.  We need impulse from here for reversal. Question is was that completing a C or 3 of something larger.  Math and crowd behavior tell the story right to the +2/8 and collapsed back to the break up and now through the channel, accelerating when Tenkan and 50 dma crossed.  Note 1.618 extension of previous emotive wave.

WTI D 3 27 2020

After WTI accelerated lower after broke the weekly uptrend, a fractal of the sharp and all the way to 16yr lows from here we see traction to work out from 3 waves  Key resistance is Kijun and 50wma confluence (green) which all failed after the violent spike up. Support channel and fib conflageration with MM 0 -8 and -2-8

WTI W 3 27 2020

 US Natural Gas (Henry Hub)

Natural Gas spat the previous low and -2/8 with an island reversal to test the Kijun and downtrend line but fell back to Tanken The big question is was that a completed move down there or a 3?   Support on downtrend Tenkan.

NG D 3 27 2020

Natty  sat lower trend line to test the weekly tenkan and Kijun.  We got the Kijun att he cloud above, remember kiss of death.brought it down  Much work to do here through channels.

.NG W 3 27 2020

  Baltic Dry Index (BDI)

BDI W 3 27 2020


Precious Metals


Gold is back testing the previous wave 3 after it finally cracked the Tenkan after correcting in 3 waves from 1556 to Murrey Math +3/8. Support is Kijun while market decides.  From there a C or 3?  Watch Fibs and chikou. Watching for corrective 2 waves to tell us what this move is.
 Gold W 3 27 2020


Silver diverged further from gold not breaking the previous iii or C as Gold did.  Since we have continued a reversal harder , a  much more violent impulse than gold after correcting the 3 or C. Key is the 50% after it rallied in 3 waves to retest the September 2017 breakdown  here is also a chance this is an X. We watch recent lows if this a 4 down or C complete
 Silver W 3 27 2020


Currency Markets

Australian Dollar - AUDUSD

The Aussie dollar is floundering around the tenkan after reversed hard after breaching the cloud and tested the 50 wma and around Kijun now support. Fell after the move to MM +1/8 first target.

AUD W 3 27 2020

 New Zealand Dollar - NZDUSD

The Kiwi spent the week retesting the breakup after the bounce faltered much like the AUD and came back through the cloud.  We are watching as Tenkan and Kijun trying to cross back through which could bring the 'kiss of death'. The Chikou needs to rebalance.  

NZD W 3 27 2020

Canadian Dollar - USDCAD

The USDCAD back retesting old channel after was rejected hard at the 50wma and cloud, closing the week under old channel, tenkan and Kijun Resistance top of cloud and 50 wma. The tenkan remains the pivot aspect.

 CAD W 3 27 2020


Euro hasn't looked back since it spat the cloud and back through the top of channel in classic ABC and then accelerated after held tenkan Kijun kiss of death it - watch for impulse off Chikou rebalance  Again governed by $EURGBP and #Bund volatility. Unless this is a spit the potential of the measured move comes in around 1.0630 and lower. EUR remains a battle between EURJPY and EURCHF.

EUR W 3 27 2020

 EuroPound - EURGBP

EURGBP back testing tenkan after bounce, weekly cloud is well above and resistance is the May breakup reflecting Brexit politics. Resistance at kijun withr Tenkan support and Nov 2017 lows

EURGBP W 3 27 2020
 Japanese Yen - USDJPY

Classic failure at USDJPY after weeks over the weekly Kijun and closed at 50 wma and the cloud twist but couldnt get legs up. It was drawn by 38% and Murrey 6/8.  It broke out of Wedge as Kijun stayed flat. Yen buying on crosses, EURJPY and AUDJPY taking away the cloud twist that drew the dollar up.

JPY W 3 27 2020

 Mexican Peso USDMXN

Found support at last Gann octave as Mexican peso gave up some of recent gains after it held the cloud. Flat Kijun and Tenkan pulling after the USMC trade deal. Watch if a fractal spit on recent highs.

MXN W 3 27 2020

 Turkish Lire USDTRY

USDTRY impulse higher continued after found support at daily Kijun and Tenkan to get back above cloud  Impulse is needed to pull away from here. Support is the previous break up and tenkan and Kijun. Keep an eye on geopolitical risk factors.

TRY W 3 27 2020


Nothing new for Bitcoin, more of the same as it continues to falter after 61.8% spit. Well under the tenkan and kijun. Needs to test downtrend for higher correction. Use your MM rules as algos control the herd here, support is the cloud - we said be wary of sharp ABC, 1-2 moves.

BTC W 3 27 2020

The Week Ahead

Key US Economic and Central Bank Events This Week

Sunday, March 1, 2020

Monday, March 30, 2020

  • 03:00 EUR Spanish CPI (MoM)
  • 03:00 EUR Spanish HICP (MoM)
  • 03:00 EUR Spanish Retail Sales (YoY) 
  • 04:30 GBP BoE Consumer Credit (Feb)
  • 04:30 GBP Mortgage Approvals (Feb)
  • 04:30 GBP Mortgage Lending (Feb)
  • 05:00 EUR Business and Consumer Survey (Mar)
  • 05:00 EUR Business Climate (Mar)
  • 05:00 EUR Consumer Confidence (Mar)
  • 05:00 EUR Consumer Inflation Expectation (Mar)
  • 05:00 EUR Selling Price Expectations (Mar)
  • 05:00 EUR Services Sentiment (Mar)
  • 05:00 EUR Industrial Sentiment (Mar)
  • 07:30 EUR Spanish Business Confidence
  • 08:00 EUR German CPI (MoM) (Mar)
  • 08:00 EUR German HICP (MoM) (Mar)
  • 10:00 USD Pending Home Sales (MoM) (Feb)
  • 10:30 USD Dallas Fed Mfg Business Index (Mar)
  • 11:30 USD 3-Month Bill Auction
  • 11:30 USD 6-Month Bill Auction
  • 17:00 KRW Manufacturing BSI Index (Apr)
  • 17:45 NZD Building Consents (MoM) (Feb)
  • 19:00 KRW Industrial Production (MoM) (Feb)
  • 19:00 KRW Retail Sales (MoM)
  • 19:00 KRW Service Sector Output (MoM) (Feb)
  • 19:01 GBP GfK Consumer Confidence (Mar)
  • 19:30 JPY Unemployment Rate (Feb)
  • 19:50 JPY Industrial Production (MoM) (Feb)
  • 19:50 JPY Industrial Production forecast 1m ahead (MoM)
  • 19:50 JPY Industrial Production forecast 2m ahead (MoM)
  • 20:00 AUD HIA New Home Sales (MoM)
  • 20:00 NZD ANZ Business Confidence (Mar)
  • 20:00 NZD NBNZ Own Activity (Mar)
  • 20:30 AUD Housing Credit (Feb)
  • 20:30 AUD Private Sector Credit (MoM) (Feb)
  • 21:00 CNY Chinese Composite PMI (Mar)
  • 21:00 CNY Manufacturing PMI (Mar)
  • 21:00 CNY Non-Manufacturing PMI (Mar)
  • 22:00 SGD Bank Lending (Feb)

Tuesday, March 31, 2020

  • 01:00 JPY Housing Starts (YoY) (Feb)
  • 02:00 GBP Business Investment (QoQ) (Q4)
  • 02:00 GBP Current Account (Q4)
  • 02:00 GBP GDP (QoQ) (Q4)
  • 02:00 EUR German Import Price Index (MoM) (Feb)
  • 02:30 CHF Retail Sales (YoY) (Feb)
  • 02:45 EUR French Consumer Spending (MoM) (Feb)
  • 02:45 EUR French CPI (MoM)
  • 02:45 EUR French HICP (MoM)
  • 02:45 EUR French PPI (MoM) (Feb)
  • 03:55 EUR German Unemployment Rate (Mar)
  • 03:55 EUR German Unemployment (Mar)
  • 04:00 EUR Spanish Current account (Jan)
  • 04:00 EUR Spanish GDP (QoQ) (Q4)
  • 04:30 HKD Retail Sales (YoY) (Feb)
  • 05:00 EUR Italian CPI (MoM) (Mar)
  • 05:00 EUR Italian HICP (MoM) (Mar)
  • 05:00 EUR Core CPI (MoM)
  • 05:00 EUR CPI (MoM)
  • 08:30 CAD GDP (MoM) (Jan)
  • 08:30 CAD IPPI (MoM) (Feb)
  • 08:30 CAD RMPI (MoM) (Feb)
  • 08:55 USD Redbook (MoM)
  • 09:00 USD S&P/CS HPI Composite - 20 s.a. (MoM) (Jan)
  • 09:45 USD Chicago PMI (Mar)
  • 10:00 USD CB Consumer Confidence (Mar)
  • 10:30 USD Dallas Fed Services Revenues (Mar)
  • 10:30 USD Texas Services Sector Outlook (Mar)
  • 11:00 USD OPEC Crude Oil Production Algeria (Barrel)
  • 11:00 USD OPEC Crude Oil Production Congo (Barrel)
  • 11:00 USD OPEC Crude Oil Production Gabon (Barrel)
  • 11:00 USD OPEC Crude Oil Production Guinea (Barrel)
  • 11:00 USD OPEC Crude oil Production Iran (Barrel)
  • 11:00 USD OPEC Crude oil Production Iraq (Barrel)
  • 11:00 USD OPEC Crude Oil Production Kuwait (Barrel)
  • 1:00 USD OPEC Crude Oil Production Libya (Barrel)
  • 11:00 USD OPEC Crude Oil Production Nigeria (Barrel)
  • 11:00 USD OPEC Crude oil Production Saudi Arabia
  • 11:00 USD OPEC Crude oil Production UAE (Barrel)
  • 11:00 USD OPEC Crude oil Production Venezuela (Barrel)
  • 17:26 JPY Construction Orders (YoY) (Feb)
  • 17:30 AUD AIG Manufacturing Index (Mar)
  • 18:00 AUD Manufacturing PMI
  • 19:01 GBP BRC Shop Price Index (YoY)
  • 19:50 JPY Tankan All Big Industry CAPEX (Q1)
  • 19:50 JPY Tankan All Small Industry CAPEX (Q1)
  • 19:50 JPY Tankan Big Manufacturing Outlook Index (Q1)
  • 19:50 JPY Tankan Large Manufacturers Index (Q1)
  • 19:50 JPY Tankan Large Non-Manufacturers Diffusion Index (Q1)
  • 19:50 JPY Tankan Large Non-Manufacturers Index (Q1)
  • 19:50 JPY Tankan Small Manufacturers Diffusion Index (Q1)
  • 19:50 JPY Tankan Small Manufacturing Index (Q1)
  • 19:50 JPY Tankan Small Non-Manufacturers Diffusion Index (Q1)
  • 19:50 JPY Tankan Small Non-Manufacturing Index (Q1)
  • 20:00 KRW Exports (YoY) (Mar)
  • 20:00 KRW Imports (YoY) (Mar)
  • 20:00 KRW Trade Balance (Mar)
  • 20:30 KRW Nikkei Manufacturing PMI (Mar)
  • 20:30 AUD Building Approvals (MoM) (Feb)
  • 20:30 AUD Private House Approvals (Feb)
  • 20:30 JPY Manufacturing PMI (Mar)
  • 20:30 SGD URA Property Index (QoQ)
  • 21:45 CNY Caixin Manufacturing PMI (Mar)

Wednesday, April 1, 2020

  • 01:30 AUD Commodity Prices (YoY)
  • 02:00 EUR German Retail Sales (MoM) (Feb)
  • 02:00 RUB Markit Manufacturing PMI (Mar)
  • 03:15 EUR Spanish Manufacturing PMI (Mar)
  • 03:30 CHF PMI (Mar)
  • 03:45 EUR Italian Manufacturing PMI (Mar)
  • 03:50 EUR French Manufacturing PMI (Mar)
  • 03:55 EUR German Manufacturing PMI (Mar)
  • 04:00 EUR Italian Monthly Unemployment Rate (Feb)
  • 04:00 EUR Manufacturing PMI (Mar)
  • 04:30 GBP Manufacturing PMI (Mar)
  • 05:00 EUR Unemployment Rate (Feb)
  • 07:00 USD MBA 30-Year Mortgage Rate
  • 07:00 USD MBA Mortgage Applications (WoW)
  • 07:00 USD MBA Purchase Index
  • 07:00 USD Mortgage Market Index
  • 07:00 USD Mortgage Refinance Index
  • 08:15 USD ADP Nonfarm Employment Change (Mar)
  • 09:30 CAD RBC Manufacturing PMI (Mar)
  • 09:45 USD Manufacturing PMI (Mar)
  • 10:00 USD Construction Spending (MoM) (Feb)
  • 10:00 USD ISM Manufacturing Employment (Mar)
  • 10:00 USD ISM Manufacturing New Orders Index (Mar)
  • 10:00 USD ISM Manufacturing PMI (Mar)
  • 10:00 USD ISM Manufacturing Prices (Mar)
  • 10:30 USD Crude Oil Inventories
  • 19:00 USD Total Vehicle Sales
  • 19:00 KRW CPI (MoM) (Mar)
  • 19:50 JPY Foreign Bonds Buying
  • 19:50 JPY Monetary Base (YoY)

Thursday, March 2, 2020

  • 02:00 GBP Nationwide HPI (MoM) (Mar)
  • 02:30 CHF CPI (MoM) (Mar)
  • 03:00 EUR Spanish Unemployment Change
  • 04:30 GBP Construction PMI (Mar)
  • 05:00 EUR PPI (MoM) (Feb)
  • 07:30 USD Challenger Job Cuts (Mar)
  • 08:30 USD Continuing Jobless Claims
  • 08:30 USD Initial Jobless Claims
  • 08:30 USD Jobless Claims 4-Week Avg.
  • 08:30 USD Trade Balance (Feb)
  • 08:30 CAD Trade Balance (Feb)
  • 09:45 USD ISM NY Business Conditions (Mar)
  • 09:45 USD ISM-New York Index (Mar)
  • 10:00 USD Durables Excluding Defense (MoM) (Feb)
  • 10:00 USD Factory Orders (MoM) (Feb)
  • 10:00 USD Factory orders ex transportation (MoM)
  • 10:30 USD Natural Gas Storage
  • 11:30 USD 4-Week Bill Auction
  • 11:30 USD 8-Week Bill Auction
  • 18:00 AUD Services PMI
  • 18:30 AUD AIG Construction Index (Mar)
  • 20:30 AUD Retail Sales (MoM) (Feb)
  • 20:30 JPY Services PMI (Mar)
  • 20:30 HKD Manufacturing PMI (Mar)
  • 21:45 CNY Caixin Services PMI (Mar)

Friday, April 3, 2020

  • 01:00 SGD Retail Sales (MoM) (Feb)
  • 02:45 EUR French Government Budget Balance (Feb)
  • 03:00 EUR Spanish Industrial Production (YoY) (Feb)
  • 03:15 EUR Spanish Services PMI (Mar)
  • 03:45 EUR Italian Composite PMI (Mar)
  • 03:45 EUR Italian Services PMI (Mar)
  • 03:50 EUR French Markit Composite PMI (Mar)
  • 03:50 EUR French Services PMI (Mar)
  • 03:55 EUR German Composite PMI (Mar)
  • 03:55 EUR German Services PMI (Mar)
  • 04:00 EUR Italian Public Deficit (Q4)
  • 04:00 EUR Markit Composite PMI (Mar)
  • 04:00 EUR Services PMI (Mar)
  • 04:30 GBP Composite PMI (Mar)
  • 04:30 GBP Services PMI (Mar)
  • 05:00 EUR Retail Sales (YoY) (Feb)
  • 05:00 EUR Retail Sales (MoM) (Feb)
  • 08:30 USD Average Hourly Earnings (YoY) (YoY) (Mar)
  • 08:30 USD Average Hourly Earnings (MoM) (Mar)
  • 08:30 USD Average Weekly Hours (Mar)
  • 08:30 USD Government Payrolls (Mar)
  • 08:30 USD Manufacturing Payrolls (Mar)
  • 08:30 USD Nonfarm Payrolls (Mar)
  • 08:30 USD Participation Rate (Mar)
  • 08:30 USD Private Nonfarm Payrolls (Mar)
  • 08:30 USD U6 Unemployment Rate (Mar)
  • 08:30 USD Unemployment Rate (Mar)
  • 09:00 SGD Manufacturing PMI (Mar)
  • 09:45 USD Markit Composite PMI (Mar)
  • 09:45 USD Services PMI (Mar)
  • 10:00 USD ISM Non-Manufacturing PMI (Mar)
  • 13:00 USD U.S. Baker Hughes Oil Rig Count
  • 15:30 USD CFTC speculative net positions
  • 17:00 KRW FX Reserves - USD (Mar)

Saturday, Apr 4, 2020

Stock Buyback Watch

Via Emad Mnati @EmadMnati and MarketBeat

Stock BuyBAcks 1

Stock BuyBAcks 2



Note these charts, opinons news and estimates and times are subject to change and for indication only. Trade and invest at your own risk.

Trade Smart!

Log in to comment
Discuss this article in the forums (27 replies).

Google ads