Tag Archive: silver

Fundamentals, Gold and FX Movements, Week October 7 to Oct. 12

Our weekly summary of fundamental news on FX that aims to explains price movements, with particular emphasis on the possibly biggest mysteries: the gold price (GLD) and the Swiss franc (FXF) .   Weekly Overview Hopes on a compromise between Obama and republicans on the U.S. debt ceiling and high U.S. initial unemployment claims  sustained …

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Fundamentals, Gold and FX Movements, Week September 30 to October 4

Our weekly summary of fundamental news on FX that aims to explains price movements, with particular emphasis on the possibly biggest mysteries: the gold price (GLD) and the Swiss franc (FXF) . The clear winner of the week was the Aussie, supported by a positive PMI and positive news from the RBA. In the previous …

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Fundamentals and FX Movements, Week September 23 to September 27

Weekly summary of fundamental news on FX with a focus on CHF and gold price movements. Weekly price movements The U.S. budget discussion and rather bad U.S. fundamental data made JPY and CHF the winners of the week. After weeks of improvements, the currencies of the Emerging Markets and carry trade currencies, like NZD, AUD …

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Fundamentals and FX Movements, Week September 16 to September 20

Weekly summary of fundamental news with a focus on CHF and gold price movements. Friday, September 20:The St. Louis Fed president James Bullard explained that the Fed was close to tapering 10 bln. $ and that markets overreacted after the FOMC with their strong performance. As a consequence the S&P500 inched down by 0.6% while …

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Fundamentals and FX Movements, Week September 9 to Sept. 13

The weekly summary of global fundamental news with focus on CHF and gold price movements. Friday, September 13:The leading news came from U.S. retail sales and the Michigan consumer sentiment. Retail sales were up +0.2% instead of 0.5% expected, sales excluding autos and gas +0.1% (vs +0.3% exp.) The Michigan consumer sentiment disappointed at 76.8 …

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The Cyclical and Exchange-Rate Induced Chinese Slowing

We believe in the Chinese economy, but it has just gone into a cyclical and a exchange-rate induced slowing. Any Cassandra views like recently by Charles Dumas, chief strategist of Lombard Research, but also some of Richard Koo’s earlier views, that there will be a burst of the Chinese housing bubble, are exaggerated. Markets Insight: …

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Seasonal Factors on Oil

Evidence from simple tests supports perhaps some belief that crude oil tends to have strong and weak months of the year, Q4 is often the weakest quarter and Q1 and Q2 the best.

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Marc Faber: Assets are overpriced, we short metals and Brent now

As we predicted on October 5 or one day later on DailyFX, metals have started their descent, silver lost one dollar, from levels around 35$ last week to 34$ now. Marc Faber joins our view and says that asset prices are quite vulnerable. “I’m not 100% in cash, for the simple reason that I could … Continue reading »

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