Ashraf Laidi
Ashraf Laidi
china coming duck fastest finance forefront growing lame nation president relations secretary time
This story is important because I don't think we are going to have a lame duck secretary at a time when the president of the fastest growing nation in the world is coming here and when the forefront of relations between China and the US is on finance issues.
basically door further hikes interest last opens rate rates shows speech statement totally
The speech is as expected. He opens the door basically for further interest rate hikes. It shows he totally agrees with the last FOMC statement that said short-term interest rates hikes 'may' be needed.
bottom half industrial january output prospects slow woods
Industrial output does show we are still in a slowdown, but it does show we may be nearing the bottom of a slowdown. We are still not out of woods yet. January was a slow month, but we could see some brightening of prospects after the first half of this year.
advantage against beginning canadian carry japanese overseas wanting
(The Canadian dollar) has been a big play from overseas players, especially those who are wanting to play it against the Japanese yen to take advantage of the carry trade, which is right now beginning to overturn.
currency decline faster good relatively signal treasury wants weaker
It's good for the U.S. to see a relatively weaker dollar, but it's not a good idea for the U.S. Treasury to signal it wants a weaker dollar. The decline in the U.S. currency could be faster than they wish.
difficulty finance good increased number swelling trade
The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.
below billion came due expecting figure mounting oil report
The report came in below the psychologically important $60 billion figure many had been expecting due to mounting oil imports.
money
This is how you make money without venturing abroad.
further march natural serve trigger
This could further serve as the natural trigger for the March 8-9 move.
concerns currency deficit eliminated markets mean trade
This does not mean that currency markets have completely eliminated all concerns about the trade deficit when assessing the dollar,
chairman deem dollar early emerge far fed impact meeting rate scaling uncertain whether
The dollar impact will emerge from whether the Fed Chairman confirms the scaling down in market's expectations of a May rate hike. We deem the Fed to be uncertain as to what it will do in the May meeting as it is far too early for the 'data-dependent' institution to decide.
arabian barrel causing cold early event expect gulf iran military oil per potential strike weather winter
The combination of cold winter weather and a potential stand-off in the Arabian Gulf in the event of a military strike on Iran is causing many oil analysts to expect $80 per barrel oil as early as this quarter.