Logo-color Logo-white

There are a few stories developing at the same time: The Trump trade consists of going long Bitcoin and equities (especially gunmakers, oil producers) and short the long term treasuries on expectation of exploding US debt with tax cuts, higher spending and growth supportive Trump policies. The yield on 30-year Treasuries yesterday surpassed the rate […]

The post Trump Trade, China Trade, Reflation Trade, AI Trade appeared first on Action Forex.

previous

BoC BoS: Business and Consumer Sentiment Remained Downbeat in the Second Quarter

next

EURJPY Pulls Back from 32-Year High

Read More

05/03/2024

Will NFP Report Confirm Fed’s ‘Higher for Longer’ Mantra?

Market scales back rate cut expectations Inflation is not cooling as fast as expected Powell testifies before Congress on Wednesday and Thursday Spotlight to turn to NFP report on Friday at 13:30 GMT Investors get closer to the Fed’s dot plot At its latest gathering, the FOMC appeared less dovish than expected. Policymakers decided to […]
15/04/2024

Sunset Market Commentary

Markets Geopolitics as a market theme tend to have a limited shelf life but investors this time really took it to the next level. Except for some minor bourse losses in Asia, Iran’s retaliatory attacks against Israel didn’t trigger the slightest risk aversion in Europe, quite the contrary. The EuroStoxx50 adds 1.5% and Wall Street […]
06/12/2023

Can NZDUSD Bulls Keep the Rally Alive?

NZDUSD in the green today but sentiment mixed Key market events increase possibility of stronger moves Momentum indicators on the brink of giving bearish signals NZDUSD is edging higher today, reacting to the previous two sizeable red candles. It has been an aggressive rally from the November 1 low of 0.5788 as NZDUSD bulls took […]