Fantastic ADP number +215K vs expected 178K Also prior revised up to +180K vs +130K Watch out below

EurAnalysis

It is coming up again in January because in October they agreed to kick the can to January

EurAnalysis

A dripping tap eventually fills many buckets

EurAnalysis

Hi Mario, We have still a few politically related head winds in the US, so even though we may see excellent data from there, the fact is that no matter how much Bernanke and Yellen will deny political interference or influence, the fact remains that ...

EurAnalysis

I can see at least 6165 on weekly if 6240 is broken.

Cable Update (GBPUSD)

True in FF you cannot "LIKE" a post. You have to "LIKE" the poster. I think this is a feature that is lacking here.

EurAnalysis

If we do get down to 6216, it's more probable that the decline will continue into the previous 5850-6250 range.

Cable Update (GBPUSD)

Hmmm. That's a tough call (Euro up I mean). Lots of resistance here. I "should" take a news catalyst to drive it through. ...but of course the Euro has already fooled us all enough times. I'm sitting tight till I see a break below 3480 or above 3660

EurAnalysis

Sell gilts, Treasuries, bunds, gold, swiss, yen or anything which used to be safe says Erik Nielsen, global chief economist at Unicredit. Says US very likely to taper in January, will be gradual but a one way road Is super bullish equities across ...

EurAnalysis

Q3 EZ revised GDP -0.4% vs -0.4% expected y/y

EurAnalysis

And the weak retail sales helps hold the trend line. So, now do we go down to test daily & weekly pivots?

EurAnalysis

EZ m/m retail sales comes in at -0.2% vs +0.2% expected. Better than last month which was -0.6%

EurAnalysis

Two more EZ data releases coming up. Retail sales and q/q revised GDP

EurAnalysis

So far so good. image

EurAnalysis

And there we have it. I agree that normally they follow each other, but obviously this time has proven that assumptions can get one in trouble.

Cable Update (GBPUSD)

Intraday trend line vs daily and weekly pivots. Place your bets. Looking head&Shoulderish to me. image

EurAnalysis

Eurozone growth slows further as France and Italy suffer renewed contractions url

EurAnalysis