Tag Archive: ECB EUROPEAN CENTRAL BANK

FX Thoughts : The Lonely USD And EM Dreams

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The USD dollar is in a lonely place this year as central bankers break ranks in their hierarchies and mostly losing heart. The typical job of a central banker is to manage 1.… Continue reading

United We Stand, Divided We Fall – Central Banks Breaking Ranks, EURUSD Breaking Bad

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I am not sure which planet some private bankers are from but I am seeing headlines that Yellen is dovish in the in-box whilst strategy pieces that are meant for distribution only to… Continue reading

Market Thoughts – How About Secular Complacency ?

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The noisy minority continues to bleat … “secular stagnation”, “complacency”, crash, crash, crash is coming. “secular stagnation” was brought up by Larry Summers in December last year and I have been quite a… Continue reading

Taper Vs Negative Rates – Not much to choose from, Sell EUR

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Between the USD and the EUR, we have more than half the world of assets covered and the 2 most powerful central banks in the world, disputably. If both central banks (not including… Continue reading

Midsummer Is Here – Inflation, Gold and Bitcoins

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Midsummer at exactly 6: 51 pm today as we mark the summer solstice and the longest day of the year. The weather does the day credit with the warm breeze that is blowing… Continue reading

Father Knows Best ? Not Always – Market Thoughts

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Sometimes I wonder why life is so carefree for a child or teenager like my son. And so I drew it out. For him, things that he can control, he really cannot be… Continue reading

Yes, It Will Crash. By How Much ?

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The undercurrents have yet to hit retail space as institutional research reports emerge that are sounding faint alarm bells that buzz louder each day as summer approaches. Many of these research reports are… Continue reading

The European Investment Case – Carry Away

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Europe + Japan = 1/3 World GDP Both are targeting INFLATION with QE and zero to negative rates. QE is a privilege reserved only for the world’s best <wink> because QE from a… Continue reading

FX Take : ECB Done, BOJ Next – Nothing is ever good enough

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I am not sure if this is what forward guidance means but the price action of EURUSD after the ECB was another classic. From what was supposed to be a currency negative story… Continue reading

Ad Hoc Commentary – jobs as the true antidote to low inflation in Europe

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“…Now that the Buba had ‘given’ green light for European QE, the only thing that we need to wait for is a low European inflation print. The Eurostat will give a flash estimate… Continue reading