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  • Squawk / 24 August 2018 at 14:06 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    Jackson Hole speech by Fed's Powell. The initial focus seems to be on Powell's comment that there no signs of inflation pickup accelerating now that it has risen above 2% and there are no signs of overheating. The kneejerk reaction here is to sell the USD as EM and risk appetite celebrate this as non-hawkish.

    Link to text of speech: https://www.federalreserve.gov/newsevents/speech/powell20180824a.htm
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    24 August
    John J Hardy John J Hardy
    Market has put the Goldilocks scenario back in the microwave and is reheating on Turbo setting. I am a bit reluctant to believe we will see this...
    25 August
    MyTrade MyTrade
    The questions I’m always asking sellside salespeople is:

    I don’t want to know what your analysts like.

    Tell me what your clients hate.

    What are the sectors that are...
  • Squawk / 01 August 2018 at 18:11 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    FOMC Statement: about as unchanged as it can get, with no tweaks to the statement worth real attention - perhaps the only slightly noteworthy change being the upgrading of the description of economic activity now being described as rising at a "strong" rather than "solid" rate, now doubt due to that 4.1% GDP print for Q2. Fairly muted reaction, with USDJPY a bit lower, most likely due to JPY considerations as the USD action is very muted. For some reason, rate expectations out 18 months are off about a basis point - was the market really looking for anything here?
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    01 August
    Logich Logich
    By failing to change anything in the statement, the FED also send a signal to the Trump / The White House that the Fed can not be...
    01 August
    fxtime fxtime
    The Fed by doing nothing at all makes an implicit acknowledgement of Trump wishes IMHO....you have to ask how strong monthly data has to be before Fed...
    01 August
    fxtime fxtime
    typo....kicking the can down the proverbial road for another month. Not sure how I managed to get the above wrong there LOL.
  • Squawk / 13 June 2018 at 18:04 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    Key takeaways from FOMC decision (via Bloomberg):
    Fed raises rates as expected, 8-0 vote
    In the latest dots, the rate hike path steepens a little this year, still aiming at 3.4% end-2020; longer-run neutral rate still seen at 2.9%
    FOMC statement says economy growing at ``solid rate,'' job gains have been ``strong,'' consumer spending has picked up and investment continued to grow ``strongly''
    Language about the economy upgraded, line about rates remaining below long-run levels ``for some time'' was removed
    The sentence got tweaked: ``The Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term.''
    IOER rate raised 20bps to 1.95% as of June 14; discount rate goes up to 2.5%
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    15 June
    Jadira F. Norton Jadira F. Norton
    Amazing news Ole:: 😄
  • Article / 13 June 2018 at 8:18 GMT

    FX Update: USD leans stronger into pivotal FOMC

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update:  USD leans stronger into pivotal FOMC
    The Powell Fed is set to make a number of adjustments as portions of the monetary statement that have been long recycled are due for a refresh and the governor could also indicate, in an effort to achieve more flexibility, that he would like to hold a press conference at every meeting.
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  • Article / 11 June 2018 at 8:09 GMT

    FX Update: EURUSD rising into this week’s FOMC and ECB meets

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: EURUSD rising into this week’s FOMC and ECB meets
    US President Trump shreds the rulebook at the G7 summit and jets to Singapore for the first ever summit with North Korea’s leader. Focus this week on a likely important guidance shift from both the Fed and the ECB. Elsewhere, sterling has the heaviest economic data calendar and faces pivotal Brexit bill votes in parliament.
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  • 04 June
    MyTrade MyTrade
    How low this once excellent page has gone is tremendous.
    05 June
    Treve Treve
    well said guys! has all gone to the birds as they say, I subscribe now to Max McKegg and that is enough for me!!
    05 June
    MyTrade MyTrade
    Rememer, end of the cycle like no other. Buy everything and then wonder what story for Q318 will be created. All material had been recycled :). SELL...
  • 30 May
    Clare Mac Carthy Clare Mac Carthy
    It's a complement
    31 May
    Kay Van-Petersen Kay Van-Petersen
    (From Thu Asia Mrn Chat & Email)

    Thursday, May 31, 2018

    KAY VAN-PETERSEN
    09:05:31 BOOM!

    Early days... but the tactical shorts on the FFF 2019 & 2020 that we put out...
    31 May
    Kay Van-Petersen Kay Van-Petersen
    Charts...
  • 31 May
    Kay Van-Petersen Kay Van-Petersen
    (From Thu Asia Mrn Chat & Email)

    Thursday, May 31, 2018

    KAY VAN-PETERSEN
    09:05:31 BOOM!

    Early days... but the tactical shorts on the FFF 2019 & 2020 that we put out...
    31 May
    Kay Van-Petersen Kay Van-Petersen
    Charts...