Report
EUR 9.06
For Business Accounts Only
http://track.com/articles/the-morning-track-easy/
Being successful is never easy. So it goes for today where the economic data is light – better German Factory Orders, stable China Services PMI and the usual keen focus on politics. Finding the trend or the driver for markets and holding onto it isn’t easy. The Trump Administration has been frustrated in its immigration policy by the courts. Perhaps more chilling, the Iranians continue to tests missile and radar systems disregarding new restrictions from the US Treasury on 12 entities and 13 individuals. The French political scene heats up with Fillon news conference and Le Pens many points speech – with immigration and globalization rants. In Germany SPD closes in on Merkel’s CDU/CSU 29% to 33%. The role of markets maybe in scoring the animal spirits not just of investors but of voters as well. The confusing mix of rates and politics leave focus this week on central bankers again – RBA and RBNZ along with plenty of emerging markets with RBI expected to ease a
nd Mexico expected to tighten. The biggest event maybe in the Abe/Trump meetings Friday with the balancing act of JPY in play as rates in the US watch for a break out again while the JPY seems set for 110 return – something that breaks the correlations that worked well 4Q but not now. The role of rates to JPY to equities is also worth considering but more 4Q earning this week may also matter more. Overall we are all watching JPY at 112 to see if it matters.
The Morning Track easy
- The Morning Track - Easy? by Bob Savagehttp://track.com/articles/the-morning-track-easy/
Being successful is never easy. So it goes for today where the economic data is light – better German Factory Orders, stable China Services PMI and the usual keen focus on politics. Finding the trend or the driver for markets and holding onto it isn’t easy. The Trump Administration has been frustrated in its immigration policy by the courts. Perhaps more chilling, the Iranians continue to tests missile and radar systems disregarding new restrictions from the US Treasury on 12 entities and 13 individuals. The French political scene heats up with Fillon news conference and Le Pens many points speech – with immigration and globalization rants. In Germany SPD closes in on Merkel’s CDU/CSU 29% to 33%. The role of markets maybe in scoring the animal spirits not just of investors but of voters as well. The confusing mix of rates and politics leave focus this week on central bankers again – RBA and RBNZ along with plenty of emerging markets with RBI expected to ease a
nd Mexico expected to tighten. The biggest event maybe in the Abe/Trump meetings Friday with the balancing act of JPY in play as rates in the US watch for a break out again while the JPY seems set for 110 return – something that breaks the correlations that worked well 4Q but not now. The role of rates to JPY to equities is also worth considering but more 4Q earning this week may also matter more. Overall we are all watching JPY at 112 to see if it matters.
Provider
Track
TRACK.COM is an independent platform for investment research and market ideas. TRACK.COM research and analysis is used daily by hedge funds, proprietary trading desks, central banks and institutional asset managers to make investment decisions. These clients view Track.com as a trusted partner – our real-time research is thoughtful, well organized and right on target.
Robert Savage
Other Reports from Track
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.