Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Urban studies: Doing research when every city is different 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Macro investors remain concerned about the reversal of the “easy money” that flowed to EM markets during QE. How could worse outflows be for EMs? Well, as per a recent report it is investigated the relationship and quantify the market impact of heavy EM outflows for the extreme bear case. It is found out that the beta of returns to flows is unstable; positive returns tend to accompany fund outflows on a surprisingly frequent basis.
Among Emerging Asian baskets, stay long an equally-weighted basket of INR, IDR, KRW against an equally-weighted. basket of SGD and JPY, indexed at 100 on November 16, 2017, with a total return target of 110 and stop at 95, currently trading at 97 levels. The Korean won remains an outperformer and continues to trend higher in NEER terms. This appears a little out of line with the softness in global growth momentum, although to be sure this has mostly been concentrated in Europe to date. BoK commentary has also been more balanced in recent months and we seem some distance from the above trend pace of growth/more hawkish central bank rhetoric from mid 2017.
We remain mildly constructive BRL for year-end but mark-to-market forecasts to 3.60 for year-end and continue to assume a market-friendly candidate winning the election despite the lower odds. Stay long a volatility-weighted basket of BRL, CLP, PEN (weights of 0.25, 0.25, 0.5)7 . against USD, indexed at 100 on November 16, 2017, with a total return target of 108 and stop at 96, currently trading at 96.87.
While Norweign Krona has been relatively range-bound. Intra-month moves were larger but driven by exogenous rather than Norwayspecific factors such as changes in risk sentiment in response to softer global growth and developments in the Italian politics. Stay short EURNOK, activated in earlier March 2018 at an entry level of 9.67, with a target of 9.20 and a revised stop at 9.67, currently trading at 9.46.
Currency Strength Index: FxWirePro's hourly USD spot index is inching towards 70 levels (which is bullish) while articulating at (10:21 GMT). For more details on the index, please refer below weblink:
http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit:
