Forex Trading Experts 📊 HYCM

2022-09-16 15:27:21 Health care seasonal face off

The latest Seasonal Insights on #JnJ & #Pfizer with the Chief Market Analyst @KevinMurphCCA

On Tuesday this week, we saw stocks take heavy falls after US inflation data printed higher than expected. This raised expectations for a 100bps rate hike from the Federal Reserve next week and the potential for an even higher terminal rate. This is a natural headwind for stocks. However, health care stocks tend to fair well in a recession as most people still prioritise health care for understandable reasons.

Using Seasonax tool we can easily compare the seasonal patterns of big health care names in order to try to narrow down the best potential seasonal pattern.

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https://bit.ly/HYCMLab-SEP16
Start_Trade_With_HYCM Open / Comment

2022-09-16 11:23:27 Gold and silver selling ahead?

Gold and silver markets have both been pressured over the last few weeks on expectations of aggressive Fed hikes. On Tuesday this week both headline and core inflation printed at the high end of expectations. The reaction in the market was predictable and offered good opportunities to astute traders. Stocks, bonds, and precious metals all sold off while the USD gained.

Why that pressure should remain on gold and silver

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https://bit.ly/HYCMLab-Sep16
Start_Trade_With_HYCM Open / Comment

2022-09-15 12:50:15 Fed’s inflation fight

This week was dominated by the hot US inflation print on Tuesday. Markets were expecting another dip lower in US inflation, but the headline and the core readings came in at the high end of expectations sending stocks and bonds sharply lower and the USDJPY higher. Midweek UK inflation printed a little lower than anticipated and this should alleviate some of the UK’s stagflationary concerns in the near term ahead of the BoE’s meeting next week. The medium-term picture for stocks is incredibly difficult to anticipate in these current markets and trading short-term catalysts seem the best approach with so many uncertainties. All eyes are now firmly on the Fed for next week.

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https://bit.ly/HYCMLab-SEP15
Start_Trade_With_HYCM Open / Comment

2022-09-15 12:01:53 Bullish bets on China grow again

Chinese equity traders have been increasing their inflows into Chinese stocks as hedge start to unwind according to Morgan Stanley (MS). In a Bloomberg piece, MS stated three reasons for bullish bets on China. Firstly, demand to hedge CSI300 and CSI500 index futures is at the lowest since October 2021. Secondly, call buy options are far more popular than bearish puts – which is historically out of the norm. Thirdly, implied volatility is low. Remember that usually low implied volatility is good for the underlying asset.

The calls for support for China’s economy have been bubbling up constantly over the last few weeks. Lower loan rates, calls for more policy to drive up consumption, and various efforts to prop up the struggling property sector all have been announced to halt recent declines. Bloomberg reported that the stock inflows before the Autumn holiday were the largest this year with over $2.1 billion coming into China’s stocks.

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https://bit.ly/HYCMLab-Sep15
Start_Trade_With_HYCM Open / Comment

2022-09-14 11:18:50 How to use the Directional Movement Index?

The Directional Movement Index is a great technical tool that helps you see the direction of the market and whether the market is making gains or losses. That’s easy, you say – what’s the point of that? Well, the Directional Movement Index (DMI) lets you see the rate of change. This makes it very useful for showing a few things:

When the pace of gains is slowing,
When the rate of gains has peaked and is starting to reverse.
In summary, the DMI can help you spot a trend reversal early.

Here is how it works. Tap here to learn more
https://bit.ly/HYCMLab-sept14
Start_Trade_With_HYCM Open / Comment

2022-09-13 10:55:13 How to trade today’s US CPI print?

The main data focus for today is the US CPI print as markets will use it in order to try and time the pace of future US rate hikes. The lower US CPI goes the less likely the Fed will need to hike rates aggressively. Remember, the key driver for US policy right now is trying to cool demand to deal with high prices. If inflation shows a sharp move lower then the USD is vulnerable to a flush lower too as aggressive hike expectations can be unwound.

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bit.ly/HYCMLab-Sep13
Start_Trade_With_HYCM Open / Comment

2022-09-12 13:56:28 Can a soft Fed landing boost copper prices?

Don't miss the latest Seasonal Insights on #Copper with the Chief Market Analyst @KevinMurphCCA

The US10Y-US02Y yield spread has been rising recently in possible signs that a ‘soft’ landing may be possible from the Fed. One thing to note here is that if risk can recover then copper prices could also lift.

Look at the strong seasonal pattern for copper that is coming up with gains in 8 of the last 10 years over Sep 08 to Oct 14. Another potential catalyst would be any pick-up in the outlook for China’s growth that has the potential to lift copper prices too.

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https://bit.ly/HYCMLab-SEPT12
Start_Trade_With_HYCM Open / Comment

2022-09-12 12:57:43 ECB avoids 2023 recession projection
The latest ECB decision started off in the same vein as the RBA’s and the BoC’s decisions this week. It hiked the amount expected, 75bps, committed to return inflation to target and stressed it was data dependent.

The rate hike was never the focus

The decision was never going to be about the amount the ECB hiked. Whether it was a 75bps hike or a 100bps hike the focus was always going to be on the future growth outlook of the eurozone. Would the ECB follow the BoE’s lead and project a 2023 recession? In the event, the ECB revised growth lower but kept it positive. The ECB still expects the eurozone economy to grow, although the amount has revised lower to 3.1% in 2022, 0.9% in 2023, and 1.9% in 2024.

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bit.ly/HYCMLab-Sep12
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2022-09-09 12:06:21 CAD unfazed post-BoC meeting
The Bank of Canada hiked by 75 bps to 3.25% as expected on Wednesday this week and is still assessing how much further rates will need to go in order to return inflation to target.

The BoC on inflation

The Bank of Canada recognises that policy rates will still need to rise further. The Governing Council remains resolute in trying to achieve the 2% inflation target. The current level of inflation in Canada is 7.6% and that is down from 8.1% due to a fall in oil prices. However, core inflation remains high in the 5-5.5% band.

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https://bit.ly/HYCMLab-Sep9

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2022-09-08 11:34:31 RBA sticks to the script but is not on a pre-set path

The RBA hiked by 50 bps as expected on Tuesday this week to 2.35 but stated that it is not on a pre-set path. The RBA is trying to balance the timing of an economy that it sees slowing at some point in the future. The key focus remains for the RBA on household spending and it is uncertain about how that will react to the combination of higher interest rates and the highest inflation Australia has seen since the 1990s.

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bit.ly/HYCMLab-Sept8
Start_Trade_With_HYCM Open / Comment