Tag Archives: FX

samurai lessons

Chart of the Day: Some YEN lessons for the euro on QE…

Whoosh, the euro is rapidly heading towards 1.10 against the USD. But where could it ultimately go?  Here’s a few charts….

January 23rd, 2015 by

Technical Trends

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Screen Shot 2015-01-15 at 13.17.33

US Banks: Could investors have seen the earnings risks earlier?

While the Swiss Franc steroid infusion by its central bank will garner most headlines today it is likely investors in US banks will be nursing some wounds too. JP Morgan disappointed yesterday but there’s more pain today….

January 15th, 2015 by

Financials

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shopping crowd

UK corporates go shopping abroad…?

Not that long ago we wrote about GBP currency strength adding almost 10% to UK corporate firepower if considering acquisitions. Today we note Finland’s Metso has been approached by fellow UK engineer Weir about a potential £8 billion merger.

April 1st, 2014 by

Mergers and Acquisitions

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cheers

Chart: Crisis, what crisis?

So we’ve had more Fed taper, plenty of emerging markets turmoil, some big earnings misses and a large dollop of lousy weather. The headlines screamed awful January for equities but guess what?

February 18th, 2014 by

Technical Trends

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olympic ski

Chart: Watch the Russian ruble…..

Olympic venues have often pre-dated financial crises if we think of Montreal, Moscow, Barcelona and Athens. The Argentine peso has grabbed the early year headlines but the Russian ruble is next worst in the FX tables.

February 4th, 2014 by

Style & Sector Trends

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fear from last summer

Chart: Last summer fear returns!

Yes, Bloomberg’s Financial Conditions Index suggested all was well and the traditional fear indicator, the VIX options index, was bum shuffling along at historic lows. How quickly things change….

January 24th, 2014 by

Style & Sector Trends

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argentina pain

Argentina about to deliver Spanish bank pain….?

And just when things were going so swimmingly. The current FX storm in emerging markets has a variety of characters but Argentina is leading the way with an overnight 13% clubbing of the peso.  

January 24th, 2014 by

Financials

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WTF Treasuries

Macro: What the FX is happening in US Treasuries!

Whodathunk! The stage was set for a euphoric rush into equities in January but it’s not quite panning out as thought by most. Last year’s dogs are having a fantastic January run…..

January 23rd, 2014 by

Editorial

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TOTO and emerging markets

Macro: Taper tantrums again in emerging markets?

We survived Ben Bernanke’s TOTO(taper-on/taper-off) moment during the summer and the carnage in emerging markets was a ready reckoner as to the most vulnerable asset class. Taper chat is fizzling again and guess what?

November 26th, 2013 by

Style & Sector Trends

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UK safe box

Is the UK the new Switzerland?

Chinese bank branch authorisations, Meet the Russians, 17 year high PMI surveys, rocketing house prices and a quietly creeping currency strength…..

November 5th, 2013 by

Style & Sector Trends

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