Good day all and happy holidays,
Just wanted to check if anyone has any interesting trade ideas based on this latest surprise hike from China.
My bet would be short commodities (grains, oil) for short term, pure risk off trade
Short Gold, speculators running for the doors.
Short Aus/Eur - China connection with Australian economy, for Euro just general fear of any slowdown globally.
Possibly short S&P especially if hints of further tightening ahead come out.
All of the above pretty obvious. The light volume and general absence of big players in the market might make Monday rather unpredictable, but i think once we're in the new year, it will really hit home. Interesting days ahead regardless.
Sharing is caring, informed opinions welcomed.
Rgrds and all the best in the new year
Just wanted to check if anyone has any interesting trade ideas based on this latest surprise hike from China.
My bet would be short commodities (grains, oil) for short term, pure risk off trade
Short Gold, speculators running for the doors.
Short Aus/Eur - China connection with Australian economy, for Euro just general fear of any slowdown globally.
Possibly short S&P especially if hints of further tightening ahead come out.
All of the above pretty obvious. The light volume and general absence of big players in the market might make Monday rather unpredictable, but i think once we're in the new year, it will really hit home. Interesting days ahead regardless.
Sharing is caring, informed opinions welcomed.
Rgrds and all the best in the new year