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John J Hardy
How will US president Donald Trump’s plans to repeal healthcare legislation affect the markets in the coming week? Saxo Bank’s head of FX strategy John Hardy explains.
Squawk / 12 July 2016 at 7:56 GMT
Consultant in Derivatives and Commodity Specialist / Manor Derivatives(Consulting) Ltd
United Kingdom
have just shorted WTI, think it's gonna drift down to 42/43 bucks in due course
12 July
fxtime fxtime
Yeah some of my mates reckon pretty much the same. They reckon $55/$56 will be the max high and we range down to $40-$42.....best of luck. I am not trading that one as want to hit ftse/sp/and fx markets hard. No surprise that we had the cable bounce....something we both expected yesterday however I reckon the cable will fall further. Just want to see this rally stall first :-)
12 July
Neil D Neil D
Yeah am starting to sell cable on a scale from here
12 July
fxtime fxtime
Yeah likewise but so far only 15% stake size....although my eurgbp short is doing well :-) A good start to the morning seeing that dropped further and the yen rallied ....I could probably have another coffee here :-)
12 July
Neil D Neil D
Way to go, last of the big mocharinos!
12 July
fxtime fxtime
You see what you are missing leaving this area and heading back to the City life ? LOL
12 July
Neil D Neil D
Pissing down again then lol..............mind you it is here too
12 July
fxtime fxtime
LOL....sunshine here matey....the rain was when i was walking the dog at 7am :-)
12 July
fxtime fxtime
Man there is momentum with the SP500....option expiry coming this Friday so we can expect a minor shake out of weak hands only. Really annoying :-)

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