Daily Market Outlook, January 18, 2023
Daily Market Outlook, January 18, 2023BoJ Double Down or BustThe Bank of Japan has once again remained anchored to their easy monetary stance, frustrating bond traders who had been poised to profit from an about turn in Yield Curve Control policy, the Japanese Yen shed 2% as the Nikkei ascended by a similar amount. The […]
Daily Market Outlook, January 17, 2023
Daily Market Outlook, January 17, 2023China Growth Concerns Cap Asian Equities EX Japan, BoJ Bets Supports The NikkeiChina growth concerns have put a cap on the Asian equity markets' bullish sentiment with the MSCI Asia Pac index retreating from seven month highs. China data confirmed 2022 as a dire year for the region with a […]
Daily Market Outlook, January 16, 2023
Daily Market Outlook, January 16, 2023 Risk Appetite Remains Buoyant, As The Dollar Makes New Lows For 2023Asian Equities once again took a positive impetus from the rally on Wall Street Friday, with the benchmark SP500 notching up a 0.4% gain confirming back to back positive weekly gains to kick off the new year. Overnight, however, […]
Daily Market Outlook, January 13, 2023
Daily Market Outlook, January 13, 2023 Markets Poised To Post Weekly Back To Back Gains For The Start of 2023Asian Equities are set to close out the week with a positive tone, following a whipsaw session on Wall Street, as investors digested US inflation data, markets are coalescing around the view that peak inflation is now […]
How To Use 1 & 4 hour Chart Time-Frames to Confirm Daily Chart Signals » Learn To Trade The Market
A common question beginning traders ask me is whether or not I use intraday or “lower time frame charts” and if so, how do I use them? For the most part, the answer is yes, I do use intraday charts. However, (you knew there was going to be a however, right?) there is a time […]
Daily Market Outlook, January 12, 2023
Daily Market Outlook, January 12, 2023China Inflation Surprises On The Downside, Will The US Follow Suit?Overnight inflation data from China printed in line with expectations at 1.8% year over year, however, there was a downside surprise with respect to producer price inflation, which declined to -0.7% with market watchers pencilling in a -0.1%, the number […]
Daily Market Outlook, January 11, 2023
Daily Market Outlook, January 11, 2023 Markets Marking Time Ahead of US Inflation DataInvestors remain upbeat but cautious ahead of tomorrow's US Inflation data. Asian equity markets once again picked up the positivity baton from Wall Street, with Asian equities pushing six-month highs, regional risk-on sentiment remains supported by the promise of a rebound in Chinese […]
BoA say US federal government will forced to default on a portion of its daily obligations
Bloomberg (gated) have the report of comments from BoA concerning US politics. Specifically the potential for a Reepublican controlled House of Representatives to refuse funding on debt ceiling negotiations “We think it is likely that by late summer or early fall, the federal government will temporarily be forced to default on a portion of its […]
Daily Market Outlook, January 9, 2023
Daily Market Outlook, January 9, 2023MSCI Asia Pacific Index In Bull Market TerritoryAsian equity markets took their lead from Friday's positive close to trade on Wall Street, with US equity markets posting their best gains for over a month, markets are once again pinning their hopes on a Fed pause or pivot, this view was […]
Here’s My Daily Trading Routine That I’ve Used For 10+ Years » Learn To Trade The Market
I recently watched a documentary about Bill Gates on Netflix and the thing that stuck with me the most from it was that he didn’t become one of the wealthiest people in the world through luck or inheriting huge sums of money. He literally reads like 8 books while traveling, he can read 150 pages […]