Valkyrie's Account Talk

[h=1]https://www.bloomberg.com/news/articles/2017-12-11/investors-told-to-brace-for-steepest-rate-hikes-since-2006[/h]
The Fed will dominate the headlines on Wednesday amid predictions it will raise its benchmark by a quarter of a percentage point. Outgoing chair Janet Yellen is set to signal more increases to come in 2018. On Thursday, the SNB, BOE and ECB will make decisions in quick succession although each is forecast to keep rates on hold.
There will likely be more activity next year as Citigroup estimates the advanced world’s average rate will reach its highest since 2008, climbing 0.4 percentage point to 1 percent. JPMorgan projects its gauge to rise to 1.2 percent, a jump of more than half a percentage point from 0.68 percent at the end of this year.
Citigroup expects the Fed and its Canadian peer to move three times and the U.K., Australia, New Zealand, Sweden and Norway once. JPMorgan is forecasting the U.S. will shift four times. The latest Bloomberg survey also showed three Fed hikes in 2018, but moved forward one of them to March from June.
 
looks like yen weakness will hurt I fund.
https://www.fxempire.com/forecasts/article/opportunity-yen-consolidation-459604
In the short term, we believe the Yen may be negative. In the mid-term and long-term, we are unbiased.
The Bank of Japan will issue their Monetary Policy Statement tomorrow and no major changes are expected. The Yen has been range trading mid-term, but has weakened early this morning against the U.S Dollar and may provide an opportunity for traders to take advantage of its consolidation.

getting out of I fund. C30 S70 COB
 
100G COB. was a good yr. should have stay in I fund more than I did. still can't complain about the yr. God Bless us all in 2018 and future.
 
That much on I even with the dollar getting strong???
it's in a weak slide range, so some days like yesterday it was up. trend looks to be down for the next few months until they raise interest rates.
the Oscar vids/charts are excellent.
your mileage may vary. :)
 
lets drop the market for the state of union speech to make trump look bad, since he was going to talk about how much the markets has been up since he took office and his tax cuts. who really is running this world and its markets??
 
With a 7% monthly run up, and fear of rising interest rates, the markets were overdue for a pullback.

lets drop the market for the state of union speech to make trump look bad, since he was going to talk about how much the markets has been up since he took office and his tax cuts. who really is running this world and its markets??
 
I am posting this in my Wednesday commentary.

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There was a gap up the next day, but turned into a temporary peak.
 
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