ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on September 28, 2014. Click here to read the entire piece.) Australia’s Bureau of Resources and Energy Economics (BREE) recently released its September, 2014 quarterly report on Australia’s resources and energy sectors and analysis of key commodity markets. Each report includes forecasts … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2013. Click here to read the entire piece.) {snip} Source: FreeStockCharts.com After Reserve Bank of Australia (RBA) Governor Glenn Stevens reminded the market that currency intervention remains in the toolkit for currency devaluation, I half-expected some semantic fireworks in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2013. Click here to read the entire piece.) As I noted earlier this week, I was eagerly anticipating the release of the minutes from the last policy meeting of the Reserve Bank of Australia (RBA) and a speech by … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2013. Click here to read the entire piece.) In today’s statement on monetary policy (Nov 5, 2013 in Australia), the Reserve Bank of Australia (RBA) offered up its usual menu of economic observations. As usual, my main interest turned … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2013. Click here to read the entire piece.) The Australian Bureau of Statistics (ABS) latest report on housing prices in Australia’s eight capital cities demonstrates a market that remains hot, especially in Sydney. These increasing prices are no surprise … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 29, 2013. Click here to read the entire piece.) {snip} And with that Governor Stevens went back on “attack” on the Australian dollar (FXA). This is the exact jawboning I had been expecting earlier to replace the RBA’s surprising omission … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 21, 2013. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) must be getting a bit antsy at this point. After working hard to drive the Australian dollar (FXA) downward in an on-going effort to rebalance … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 25, 2013. Click here to read the entire piece.) Ever since news of Chinese banks making massive write-offs and a parallel spike in China money rates stoked renewed fears over the Chinese financial system, the Australian dollar (FXA) has pared … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2013. Click here to read the entire piece.) Financial markets must have had extremely optimistic expectations for Australia’s August employment numbers. Right after the release of the employment statistics on September 12th (Australian time), the Australian dollar (FXA) pulled … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2013. Click here to read the entire piece.) It was fun while it lasted. The anticipated relief rally in the Australian dollar (FXA) seems to have ended in parallel with the release of the meeting minutes from the last … Read more