Japanese Yen and Swiss Franc Attract Flight To Safety Bids on Virus Fears

The Japanese yen and the Swiss franc received safe haven bids on Friday as the global markets panicked on news of the Covid Omicron variant. In a thin market it also gave traders an opportunity to book profits after an extended rally in the US dollar. On the flip side commodity beneficiaries and the growth sensitive Australian dollar and Norwegian krone sold off. Moves weren’t just against the dollar. Whilst the euro rose 0.97 percent to a high of US$1.1312, … Continue reading “Japanese Yen and Swiss Franc Attract Flight To Safety Bids on Virus Fears”

Traders Market Weekly: Retail Sales, Chips and Inflation

November 14 – 20 2021 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Retail Sales, Chip Earnings and Inflation The Week That Was – What Lies Ahead? Contents Part A: Stock markets Part B: Bonds Fed and Banks Part C: Commodities Energy – Oil and Gas Gold and Silver Part D: Foreign Exchange Geopolitics and Economics Economy Week ahead Editorial The markets shrugged off lots of land mines this … Continue reading “Traders Market Weekly: Retail Sales, Chips and Inflation”

Traders Market Weekly: All Risk, No Fear, Mania and  inflation

November 7 – 13 2021 FEAR NOT Brave Investors    Strange times But remember The Joker once served as the Iranian ambassador for the United Nations. All Risk, No Fear, Mania and  inflation The Week That Was – What Lies Ahead? Editorial Like a scratched record another week of no fear for US stock markets, risk on is oblivious to cracks appearing in this mania. S&P and NASDAQ closed at record highs for the seventh straight day, NASDAQ up for … Continue reading “Traders Market Weekly: All Risk, No Fear, Mania and  inflation”

Traders Market Weekly: Record Highs, Fed and  Jobs

Join us in our weekly market thread. November 1 – 6 2021 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. Record Highs, Fed and  Jobs The Week That Was – What Lies Ahead? Editorial Another week of no fear for US stock markets, risk on is oblivious to cracks appearing. The … Continue reading “Traders Market Weekly: Record Highs, Fed and  Jobs”

Traders Market Weekly: Bitcoin, Earnings & Commodities

Join us in our weekly market thread. October 17 – 23 2021 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. Bitcoin, Earnings and Commodity Prices The Week That Was – What Lies Ahead? Editorial Risk On came alive Thursday and Friday this week after Chinese Credit stress and U.S. options expirations … Continue reading “Traders Market Weekly: Bitcoin, Earnings & Commodities”

Fitch Warns United States Could Lose ‘AAA’ Over Political Brinksmanship Over Debt Limit

Rating agency Fitch warned debt limit games could put US AAA rating at risk. If US debt limit were not raised or suspended in time, political brinksmanship and reduce the financing flexibility could increased risk of sovereign default United States of America at ‘AAA’