Michael DM

My views only

[Pepperstone AU @PepperstoneFX]

Happy Spring Festival!
When spring comes, blessings will follow. May you have a new year filled with luck. We wish you great wealth and great fortune in the Year of Rabbit.

[Pepperstone AU @PepperstoneFX]

A quiet day on the economic calendar today, just December UK retail sales in 25mins, then ECB Pres. Lagarde speaking in Davos shortly after, be interesting whether/not she repeats her guidance from the Dec presser that 50bps jokes are likely in both Feb & Mar

[Pepperstone AU @PepperstoneFX]

Keep an eye out for any last-minute Fed speakers too, who may try to squeeze in a little more guidance towards a downshift to 25bps hikes from the Feb meeting onwards, before the blackout period starts tonight

[Pepperstone AU @PepperstoneFX]

Gearing up for the EU/UK session 👊

Friday market shout-out:

ASX200 +0.2%
NKY225 +0.6%
HK50 +1.6%
S&P500 futs +0.3%
DAX futs +0.5%

DXY +0.1%
AUDUSD +0.3%
EURUSD Unch
GBPUSD -0.1%
NZDJPY +0.8%

🪙 Gold -0.2%
🛢️WTI crude +0.2%

Bitcoin +0.2% 20,990

Prosperous trading to all👌

[Pepperstone AU @PepperstoneFX]

*GOOGLE'S ALPHABET PLANNING TO CUT ROUGHLY 12,000 JOBS GLOBALLY

[Pepperstone AU @PepperstoneFX]

Another volatile week in the financial markets, with Chinese stocks leading the way higher in the equity complex, while natural gas prices slide for a 5th week running
How do you see next week panning out?

#tradetheopportunity

https://t.co/436kPuIhI7

[Pepperstone AU @PepperstoneFX]

🪙 With gold headed towards the illustrious $2k level our analyst @ChrisWeston_PS looks at what could see the yellow metal test the big level.

Take a look 👇https://t.co/shZKfbVePP

#Gold

[Pepperstone AU @PepperstoneFX]

*JAPAN DEC. CORE CONSUMER PRICES RISE 4.0% Y/Y; EST. 4.0%

🇯🇵USDJPY 128.43, up 7 pips or so

[Pepperstone AU @PepperstoneFX]

Opportunities Abound Across The FX Market | Pepperstone https://t.co/yQHf7noGMR

[Pepperstone AU @PepperstoneFX]

After a solid run from 0.9730, #EURUSD is consolidating between 1.0875 - 1.0730 - a fairly calm week ahead from an economic data perspective & no Fed speakers to navigate, so the prospect of further consolidation/range trade is elevated

62% of client positions EURUSD are short

[Pepperstone AU @PepperstoneFX]

Big interest to trade #gold on the break to new cycle highs - a mix of mean reversion sellers and momentum players but ultimately price is strong, the USD remains out of favour and US 5yr real rates eye a move into 1.10

For now the market is long and strong 💪

[Pepperstone AU @PepperstoneFX]

It was the big event risk of the week, but the BoJ have pushed back on market expectations for changes in monetary policy

@ChrisWeston_PS looks at what went down, and the reaction (spoiler it was dovish) in the JPY, JPN225 and JP bond market

🇯🇵Some big moves to be aware of 📈

[Pepperstone AU @PepperstoneFX]

👀 Precious metals starting to look interesting

Platinum getting tentatively close to the 50-day MA, and trend support below

Palladium trapped between horizontal support, and the recent bear trend - decision time looms soon

Trade the opportunity: https://t.co/ru3qedqjzd

[Pepperstone AU @PepperstoneFX]

🎞️Netflix Q4 earnings🎞️

*NETFLIX 4Q STREAMING PAID NET CHANGE +7.66M, EST. +4.5M
*NETFLIX 4Q STREAMING PAID MEMBERSHIPS 230.75M, EST. 227.3M
*NETFLIX 4Q REV. $7.85B, EST. $7.86B
*NETFLIX SEES 1Q REV. $8.17B, EST. $8.17B
CEO steps down

A lot to unpack but shares up 8%
#Netflix

[Pepperstone AU @PepperstoneFX]

Watch out for Netflix's earnings release tomorrow night. Trade the opportunity with Pepperstone

https://t.co/CYB4tjhSrH

[Pepperstone AU @PepperstoneFX]

The US Labor market has held stronger than previously expected. Nonetheless, hiring has been slowing down consecutively. When do you forecast the US economy will print its first job loss?

[Pepperstone AU @PepperstoneFX]

S&P closes down 1.55%, worst day since 15 Dec

Nasdaq Comp down 1.1%, snaps a 7-day winning run (lower yields sheltering tech from the sell-off a bit)

Dow down 1.8%, first back-to-back losses this yr

[Pepperstone AU @PepperstoneFX]

We go inside markets and look at the movers and shakers across asset class

@ChrisWeston_PS gives his daily insights into the moves being made - FX, USTs, equity and commodities 👌

Get set for the day ahead
#trading #fx

[Pepperstone AU @PepperstoneFX]

Aus unemployment in at 3.5% vs 3.4% expected.

-14.6k jobs added vs 22.5k expected.

AUD sliding.

Does this encourage the RBA to stay dovish?

[Pepperstone AU @PepperstoneFX]

📣The Trade Off is back!! 📣New episode is out right now! Join @ChrisWeston_PS and @PipCzar as they untangle the market this week. They chat through: Market #sentiment, #US500, #crude, #silver, and much more!
Check it out 👉 https://t.co/TsDPvAs2R8