Financial Markets in the Third Quarter
Fri, Oct 09 2009
The third quarter of 2009 did not produce much excitement. The biggest surprise came from sugar prices which rocketed higher due to a large speculative interest. A quarter ago when we published the summary of the second quarter then we wrote that the third quarter would be uninteresting with most of the traders on vacation and therefore low volatility. This is exactly what happened...
Read more >
Financial Markets in Q2
Thr, Jul 09 2009
The second quarter of 2009 turned out to be quite interesting one. Euro, stock indices and commodity currencies finished the quarter with large gains. The movement of major instruments was in the second quarter as follows: crude oil gained 40.74%, gold gained 0.52%, euro gained against the dollar 5.7%, 10-year note dropped 6.3%.
Read more >
Euro Longs Should be Cautious
Fri, Aug 08 2008
We think that a shift in EUR/USD long-term positions is very likely when looking at recent macroeconomic data released by Eurozone countries. It seems like heavy selling of euros cannot be stopped. The latest heavy seller in EUR/USD comes in the form of a large US investment bank that was always know as a predator in the old days of direct dealing.
Read more >