Daily Trading Stance - 2009-12-22

CDS prices on especially the PIIGS countries are rising fast. The same goes for the yield on PIIGS government bonds. This means that the EUR should...

From: TradingFloorCom

Reads: 72

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-21

The US dollar index continues from where it left off on Friday (higher). Corporate CDS prices are unchanged. We look for continued profit-taking in...

From: TradingFloorCom

Reads: 74

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-16

Daily Trading Stance / Theme Comment / Wednesday, December 16, 2009 / The USD is finding buyers again an

From: TradingFloorCom

Reads: 44

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-15

The Daily Trading Stance is published every day by Saxo Bank and sets the trading themes for the day. For more comment on FX, FX options, equities ...

From: TradingFloorCom

Reads: 38

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-14

Abu Dhabi has pledged $10bn to the state-owned Dubai World to help the company meet its obligations. Risk appetite increased on the news and stock ...

From: TradingFloorCom

Reads: 34

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-11

A turnaround is brewing in most asset classes and markets are again embracing risk, full-throttle – helped by rather decent Chinese growth and indu...

From: TradingFloorCom

Reads: 68

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-09

A strengthening dollar seems to confirm the negative correlation break-down from Friday and suggests that USD bulls have more to hope for in the sh...

From: TradingFloorCom

Reads: 54

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-10

Much better than expected employment data from Australia caused the AUD to rally overnight. Additionally, the S&P 500 staged a comeback in the US s...

From: TradingFloorCom

Reads: 52

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-08

Bernanke’s comments yesterday were decidedly bearish (“economy facing formidable headwinds” and “inflation remains subdued”), so the USD went lower...

From: TradingFloorCom

Reads: 46

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-07

With the JPY TWI under severe pressure and both sovereign and corporate CDS prices down, it looks like we could again have a risk-embracing environ...

From: TradingFloorCom

Reads: 54

Category: Business & Law, Finance

Daily Trading Stance - 2009-12-04

ISM Non-Manufacturing was sufficiently bad to spur a broad-based risk reduction. Since both sovereign and corporate CDS prices were down, we might ...

From: TradingFloorCom

Reads: 71

Daily Trading Stance - 2009-11-30

Stock market futures are higher and commodities are also crawling back after it was confirmed that Dubai World will receive much-needed help. We th...

From: TradingFloorCom

Reads: 51

Category: Business & Law, Finance

Daily Trading Stance - 2009-11-27

Dubai's debt problems are having a negative impact on markets, but the effects have been worsened because of the thin Thanksgiving trading. It does...

From: TradingFloorCom

Reads: 170

Category: Business & Law, Finance

Daily Trading Stance - 2009-11-26

Our stance today is a “sell-on-rallies”, since we need some consolidation and since traders would be reluctant to break important levels on thin Th...

From: TradingFloorCom

Reads: 173

Category: Business & Law, Finance