Author: Eamonn Sheridan

NZ data: Q2 terms of trade down 2.1% q/q

Q2 terms of trade was expectd to fall 1.5% - And the previous was +4.4% So, at a 2.1% fall that's a miss and well under the prior result More: - Export volumes +10.2% q/q (seasonally adjusted), at their highest levels since the series began in 1990. Commentary from Stats NZ:

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Author: Eamonn Sheridan
2

Australian Q2 capex due today (0130GMT) - preview

Its no secret that capex has been declining from the heady days of the mining investment boom, and lower expectations are a reflection of this. - For today, the headline expected is -4%, while the prior was -5.2% As some background (I've posted this before, its via NAB and other sources, but recapping it here):

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Author: Eamonn Sheridan
2

Thursday 1 September 2016 trade ideas thread

Welcome to the new month! Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:        

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Author: Eamonn Sheridan
1

Japan press: "the BOJ may surprise the market yet again"

This morning's Nikkei in Japan carries a quick piece canvassing some of the Bank of Japan option safter Kuroda's Jackson Hole speech - Kuroda touted his plans for "re-anchoring" inflation expectations in his speech Says the Nikkei:

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Author: Adam Button

ForexLive Americas FX news wrap: ADP meets expectations; oil drops

Forex news for New York trading on August 31, 2016: Markets: - S&P 500 down 5 points to 2171 - US 10-year yields up 1 bps to 1.58% - WTI crude down $1.59 to $44.76 The calendar was busy on Wednesday and it started with some hawkish comments from Rosengren that put a bid under the US dollar as New York was arriving. The main event was ADP though and it left markets without any answers as it virtually met expectations.

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Author: Eamonn Sheridan

RBA noob says chill out on China fears

Professor Ian Harper is the newest appointee to the Reserve Bank of Australia board He spoke in an interview to Dow jones / Wall Street Journal that was out overnight

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Author: Greg Michalowski

US stocks end the month with a down day

Mixed for the month The major US stock indices are ending the day lower today. For the month, the performance is mixed: In the US debt market today: In commodities this month:

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Author: Adam Button

Restaurant Performance Index rises slightly in July

Restaurants show US consumers in a so-so mood Restaurant spending is one the most economically-sensitive categories so it's a great gauge of how consumers are feeling.

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Author: Adam Button
2

Westpac has four US dollar trades

Four 'high-conviction' trade ideas from Westpac Analysts at Westpac are looking for a pullback in the US dollar to establish long positions on four fronts. Here's what they say:

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Author: Adam Button
5

Oil cut through support levels Wednesday, why the fall could continue

WTI crude crumbled after EIA inventory data triggered a rapid selloff in oil. High US stockpiles of crude WTI is down $1.63 to $44.71 today in the worst percentage drop since Aug 1. What was instructive was how easily it cut through the 21, 55 and 100-day moving averages along with the 38.2% retracement of the August rally and the $45 psychological level.

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Author: Greg Michalowski

US crude oil futures settle at $44.70/BBL

Down $1.65 on the day The October crude oil futures are settling at  $44.70 today. That is down $1.65 or 3.56% on the day.  The low for the was $44.51. The high was $46.41.  

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Author: Greg Michalowski
17

A quick look at some charts. Just charts...

Month end. Afternoon trading. Yada. Yada but this is what I see...  EURUSD USDJPY GBPUSD USDCAD GBPJPY October Crude oil futures SPX

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Author: Greg Michalowski

Lots of stuff out in the new trading day...

A list of the releases There is enough there to get traders interest. It will be a new trading month and summer is almost over (in the northern hemisphere at least), so maybe....just maybe, the market action will pick up.

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Author: Adam Button
8

Bill Gross: The Fed will hike rates on Sept 21

Bill Gross on CNBC - Yes, the Fed will raise rates in September - Pension funds must lower expectations on payments Now on Bloomberg: - Removing Rousseff doesn't improve Brazilian bonds At some point, you have to wonder if Gross is talking his book. He's finding it tough to make money at the zero bound.

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Author: Adam Button
9

Fed has cried wolf too many times, the market has tuned out

Stifel economist says market isn't falling for it Stiefel chief economists Lindsey Piegza makes a good point in saying that repeated episodes of "quite vocal" hints of hikes in the past have fizzled.

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Author: Adam Button
6

UK PM May says will push ahead with Article 50 without Parliamentary vote

Brexit comments from a government spokesperson - Brexit deal must get best deal for people ate home and for Britain abroad - Agreed Britain should seek unique deal for Brexit, not "off the shelf" solution The anti-Brexit crowd has been hoping to stay with some help from parliament but May will trigger Article 50, she says.

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