Grega Horvat is sharing his point of view on the DAX, the USDJPY and the US Treasuries. These views are still current and valid.
Good day traders! The German Dax and the S&P500 have maintained a negative correlation during the past few weeks with the US market trading at all-time highs while the DAX losing nearly 7% since the June 20th high.
Global bond markets have experienced a monstrous multi-year rally, mainly fuelled by unprecedented easing in central bank monetary policy. Most major central banks have engaged in Quantitative Easing and ZIRP/NIRP since the global financial crisis. As a result leverage and risk-taking were greatly encouraged, as the cost of funds became extremely cheap. This led to […]
The EURGBP has been moving higher since the middle of April but we have good reasons to believe that upside momentum has stalled and in fact we are reversing lower.
Grega is going over the GBPUSD, GBPJPY, Crude Oil using his Elliott Wave “magic”.
Turkey is certainly a very interesting and, at times, controversial country. As a result the Turkish Lira can exhibit very volatile behaviour, something that has been particularly evident over the past decade.
Since last year’s UK referendum, Sterling has been the subject of heated debate among market participants and observers. GBP volatility has remained elevated and moves have been knee-jerk to say the least. We are going to have a look at the EUR vs. GBP pair in particular, in an effort to make sense of what’s […]
US Equity markets have been in a prolonged, near straight-line rally for almost 8 years now. This rally started after the 2007-2008 financial crisis and has been relentless in momentum,