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Tag Archives | Notes

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Special Update: Gold, Silver, Dollar and Rates

GOLD/SILVER Obviously flight to quality and save haven are going to be featured this week in gold with other markets like silver, platinum, palladium, Bonds and the Yen figuring into the mix. Historically there might be fewer events with as much safe haven potential as the current North Korean situation. At least in the short […]

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BONDS: Look to Sell a Return to the Overnight Highs

Global equity markets were initially under significant pressure but Asian stocks managed to recover and that might serve to tamp down initial safe haven interest in US Treasuries. In fact after a significant upside breakout in June bonds and the highest trade in many months the market fell back into this week’s consolidation zone. We […]

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The Forward View from the Fed is the Focus not Today’s Hike

The Asian economic calendar started out with the Bank of Japan’s quarterly Tankan manufacturing survey which came in slightly below forecasts while December Chinese new loans posted an increase from November’s reading and that sets the stage for a record amount of new Chinese loans for the year. Also out overnight was October Japanese industrial […]

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Minor Support Levels Just Under Rates to Hold Today

The Treasury market saw a German October ZEW Current conditions index release overnight that showed a moderately large jump from 55.1 to 59.5 and that joins other recent data from Germany showing growth. Chicago Fed President Evans in Sydney suggested that US inflation is not at satisfactory levels yet but he also suggested that US […]

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BONDS: Rally then a Break or Just a Big Break

Overnight Treasuries spiked downward well ahead of the BOJ policy decision which might suggest that the trade was moving to factor in a US hike. However, Treasuries recovered probably in the wake of the BOJ news and more likely because the OECD came in and cut its growth forecasts and that would seem to notch […]

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Bond Trend Remains Up Despite Favorable Global Equity Action

Global equities were mixed overnight with the majority of markets trading higher overnight and surprisingly that action wasn’t overly negative toward US Treasuries. In fact concerns toward ABENOMICS were knocked down overnight following Japanese election results that gave the ruling coalition a landslide victory. Furthermore calls for the UK to cut interest rates were seen […]

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