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- Momofrmnyc commented Feb 5, 2020
Strong economy growth but if you actually ever listened to Trump he's always complained about the stronger dollar he actually wants it to be weaker so no according to Trump that's not what he's saying.
US Private Sector Employment Increased by 291,000 Jobs in January
- Momofrmnyc commented Jan 31, 2020
Definitely was an insider thing for sure price moved too drastically and was such a big position.
FCA 'looking into' jump in pound before Bank of England rates decision
- Momofrmnyc commented Jan 31, 2020
They can cut their demand but with the rise of NON-Opec countries with their rampant supply and this corona uncertainty oil looks like a drifting target at the moment. I agree though oil prices are low for the season that we are in.
Russian OilMin Novak: Ready To Meet OPEC+ In February - IFX
- Momofrmnyc commented Jan 31, 2020
Did he say not far from the 2% inflation goal? Literally been struggling for years with that. WTF are they talking about.
Fed's Clarida: current policy appropriate to support continued growth
- Momofrmnyc commented Jan 30, 2020
I think it's just a slight correction before it continues to go down a bit more. Nothing just goes all the way up or down in one shot. Slight correction in my opinion before it drops slightly again. I'm not so keen on the GDP at the end of the 4th ...
Beaudry: Monetary Policy and Financial Vulnerabilities
- Momofrmnyc commented Jan 22, 2020
That majority mindset will have you in more losing trades than winning.
Bank of Canada maintains overnight rate target at 1 ¾ percent
- Momofrmnyc commented Jan 17, 2020
It's past buy at any price it's literally just following it's bullish momentum until it implodes. Either way you could probably still ride stocks up for a few months before it starts showing some type of exhaustion (especially if Trump gets ...
Wall St at record levels after strong U.S., China data
- Momofrmnyc commented Jan 16, 2020
Pretty spot on this is just political posturing at the moment to save face and spin the story in the best way for the public. Phase 2 is where all the meat & potatoes lie and it from this standpoint I don't see how it comes into fruition.
China may demand the US remove tariffs before phase two talks: expert
- Momofrmnyc commented Jan 10, 2020
Well don't be naive friend just look at the charts your acting like JPY is weakening against the USD dollar it has weakened against all the other majors as well. People are flocking from safe haven having a little more certainty with the trade ...
Japan Leading Index Falls To Lowest In 10 Years
- Momofrmnyc commented Jan 7, 2020
So back to our discussion we just had in the other thread - expect a RESPONSE for certain. Safe haven running shall commence.
A new wave of ballistic missiles launched now from Iran
- Momofrmnyc commented Jan 7, 2020
Yes I know what they did. Trump is a person of image - trust and believe their will be retaliation in some sense whether it's physical, with words, or with sanctions. Trump won't accept a jab and not jab back that's not his nature and it's evident. ...
Iran says it has fired "tens of missiles" at Al Asad airbase in Iraq - state media
- Momofrmnyc commented Jan 7, 2020
You're missing the bigger picture doesn't matter what Iran can or can't do. This means escalation in a sense where USA will answer back now. Doesn't matter if it was supposedly communicated in the US military the US military isn't the markets and ...
Iran says it has fired "tens of missiles" at Al Asad airbase in Iraq - state media
- Momofrmnyc commented Jan 2, 2020
Pretty much we are just waiting for the self-destruct and it shall have a glorious spillover effect.
Dow, S&P 500 and Nasdaq hit record highs on first trading day of 2020
- Momofrmnyc commented Jan 2, 2020
Ok did you forget to mention the Fed repo intervention as well in your logic? If an economy is doing so well in all technicality why would you be injecting so much money at such an alarming rate? All these positive stock gains are just assets ...
Hints of a USD retracement rally amid a cautious New Year trading
- Momofrmnyc commented Dec 30, 2019
Better position for us to enter in.
China’s top negotiator Liu He to visit Washington for phase one signing this week, source says
- Momofrmnyc commented Dec 20, 2019
Well risk aversion can't last forever right.
Xi Jinping says ‘phase one’ trade deal benefits both US and China, seeks to sign as soon as...
- Momofrmnyc commented Dec 20, 2019
Truth be told people just want to move on from it honestly. It took 3 years and it went absolutely nowhere.
UK MPs Approve 2nd Reading Of PM Johnson's Brexit Deal; Vote 358-234
- Momofrmnyc commented Dec 20, 2019
US Data is decent enough, China trade deal we don't have any specifics on numbers/clarity which is why dollar hasn't appreciated to the 110 levels yet (same with AUD/JPY not hitting the 76 mark yet and CAD/JPY not hitting the 84 mark yet). If you ...
U.S. third-quarter growth unrevised at 2.1%
- Momofrmnyc commented Dec 20, 2019
Why would you assume gold would be heading lower?
U.S. third-quarter growth unrevised at 2.1%