Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Squawk / 07 October 2016 at 7:24 GMT
ES: all revved up for Payrolls. What's it gonna be Sir?
07 October
fxtime fxtime
A big move will come on the breakout.....virtually all oscillators are coiled for a big move today or Monday imho.
07 October
bvlaerhoven bvlaerhoven
certainly looks and feels like it. Maybe ftse even the better candidate for a big downside move
07 October
fxtime fxtime
I have already started a small stake size swing short on the ftse at 10% stake size....I just don't see the rally sustaining itself. Sooner or later there will be a bounce in the cable and thus the ftse will fall.
09 October
Smakodak Smakodak
fxtime I agree with you on FTSE, whats your targets/SL - to me it looks complicated here with possible "false breaks" either way and lots of volatility comming in over the next couple of days, with an overall bios of "selling into strenght"..... what dio you think ? Thanks !!
09 October
fxtime fxtime
The thing that will affect the FTSE is OIL as the index is heavilly skewed to oil and commods which is as you know dollar sensitive too. Thus no targets as I will trail the stop....but underlying target is approx 6750 and below ! Long term target is very far below fwiw.


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