EUR 286.00 For Business Accounts Only

The NAVIGATOR - AUGUST 2018 - U.S. Stock Indices set for -12% Declines - US$ Dollar Attempts Interim Peak - U.S. Interest Rates Poised to Accelerate Lower

There are several themes dominating financial markets right now – the U.S. administration continues its revamp of trade agreements with heightened risks of President Trump igniting a global trade war – then comes trade sanctions against Iran, Russia and now Turkey which triggered a massive depreciation in Turkey’s Lira currency of -28% per cent last week alone whilst inflation is at 16% per cent and interest rates at 17.75% per cent. This month’s report takes an in-depth look at how the benchmark S&P 500 along with other major U.S. indices are expected to react to the increasing risks of a trade war – analysis is supported with Elliott Wave pattern comparisons to archetypes from our WaveSearch database + the very latest composite cycle research which reveals a glimpse into the current price development into year-end. We also feature the latest movements in the US$ dollar index, how it relates to last year’s -15% per cent decline and its expected course + a new updated composite cycle. We also dip into the latest movements in China’s Renminbi, Russia’s Rouble and Mexico’s Peso. And finally, a rather special and contrarian warning for short/medium dated treasury yields.