While Macro Man intended to unveil the second half of his 2010 non-predictions today, nature has conspired against him. A dozen hours of solid snow has left half a foot on the ground, leaving him stuck at home amidst the Surrey hills. (In fairness, the trains last night were buggered before it started snowing; good to see public transport employees looking ahead for once.) In any event, he left his notes on the second half of the list on his desk last night, and rather than try and hurriedly reconstruct the list this morning, he figured that his time would be better spent scribbling down a few ideas on early-year trading. There seem to be two predominant themes so fur this year: “everything goes up”, and “low volume.” Looking at the charts, …

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It’s been a somewhat slow start to the week, which in many ways reflects the slow start to the year. Perhaps in this world of bonus limits, bank supertaxes, and the like, punters don’t feel like getting stuck in until after MLK day? Perhaps, but it’s dubious. The relative inaction is rather more likely a product of uncertainty...
Macro Man only has time for a quickie this morning, as he faces an hour’s journey each way to get fitted for a sports knee brace. At long last, his torn-ACL nightmare is nearly behind him (knock on wood), as he has been cleared to resume sporting activities next month. Macro Man had to laugh last night at the resumption of an activity of...
Today’s post will be mercifully short, as last night was Macro Man’s office Christmas party. Overconsumption of adult beverages has left him nursing a startlingly powerful hangover, and he really hasn’t got the energy to do more than point at pictures. Thankfully, China released a veritable library of data last night that makes...
Well, yesterday it looked as if equities were preparing to dump after all before a late session recovery mitigated the day’s losses and left bears of Macro Man’s acquaintance gnashing their teeth. Plus ca change…. Macro Man was intrigued this morning to see the first singificant downgrade of equity fundamentals that he’s...
Macro Man isn’t sure that we learned much from the FOMC last night, but that doesn’t mean that markets have receded into a pre-Christmas stupor. It’s hard to know what the DGDF crowd was looking for…but whatever it was, they certainly didn’t get it. Cue the by-now predictable battery of stop losses from dollar shorts...
OK, let’s get this over with. No, Macro Man cannot confirm that the reason the USD fell so hard overnight is because Elin Woods asked for a bid in $500 million USD/SEK before she went to bed last night. Seriously, what does it say about financial markets when equities surge after the close, apparently on the story that BAC will pay back $45...
Off-topic post. My associates and I are proud to present TheWadi – a blog and company index for Israeli technology companies and start-ups. We have one major goal: providing maximal and constant exposure to Israeli technology worldwide. After a few months of research, design, programming and last minute touches, we’ve launching it today. TheWadi’s...
The first week of the month is always busy in forex trading. Apart from Non-Farm Payrolls, we have 3 GDP releases and 4 rate decisions from all over the world, and many other major events. Let’s see what’s awaiting us on the crowded calendar. The Non-Farm Payrolls will definitely attract more and more attention and cause more tension...
Well, when all was said and done Friday’s payroll report wasn’t half bad. The BLS clearly scuffled with figuring out just how much of an impact the snow had on the data, but even so with only a marginal adjustment for the weather you’d end up with a pretty decent set of figures. The reaction in equities and “pro-risk”...
A volatile week full with hope and fear comes to an end with currencies returning to the same spots. The week ahead contains a nice mix of events from all over the world: a rate decision in Japan, employment data from Britain, and lots of American numbers, with important inflation data to close the week. Here’s an outlook for the major events...
Related Tweets from Twitter
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Riskless (Riskless Investor) : #Forex #Investing Rate Hikes Coming, Somewhere, Soon: Macro Man submits: Hut hut ... hike!Although the Super Bowl... http://bit.ly/cHDfb4.. Updated : 2010-03-12T14:19:44Z | Reply | View Tweet |
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currencylive (NewsBuild.com) : [Mar-12]-Blog: Rate Hikes Coming, Somewhere, Soon: Macro Man submits: Hut hut ... hike!Although the Super Bowl is... http://bit.ly/9rI2Ac.. Updated : 2010-03-12T14:07:27Z | Reply | View Tweet |
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nscpof (nscpof) : Link: Rate Hikes Coming, Somewhere, Soon: Macro Man submits: Hut hut ... hike!Although the Super Bowl is long pas... http://bit.ly/cHDfb4.. Updated : 2010-03-12T14:00:51Z | Reply | View Tweet |
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cataphrax (adrian raj) : is that the new polite way of saying 'you look like a man'? @chanzukloon Apparently I've got macro expression! =_=.. Updated : 2010-03-12T09:49:56Z | Reply | View Tweet |
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