Ashraf Laidi
Ashraf Laidi
continue curve expect fed further retreat signs stocks yield
We expect the yield curve to invert further as long as US stocks continue to show no signs of a retreat and the Fed is priced to tighten.
capital continue deficit flows foreign given highs probable record soaring swelling trade
Given the aforementioned dynamics, it is more probable for the U.S. trade deficit to continue soaring to record highs than it is probable for foreign capital flows to keep up with swelling imbalance,
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.
bank begin both chorus government japan matter officials prove threats time
We do think it's a matter of time both the Bank of Japan and government officials begin their chorus of escalating threats and warnings, which could prove ineffective .
economy housing hurt rest
That would really hurt the U.S. housing market, which is already slowing. It would hurt the U.S. economy and would hurt the rest of the world's economies.
add chances conference increase march president press rate regarding sure words
The press conference by the ECB is going to be hawkish and the president is going to make sure to add the words 'being vigilant,' regarding inflationary expectations. That could actually increase the chances of a March rate hike.
despite dollar economy figures negative outlook reason recent reminder stark structural trade year
Today's trade figures are a stark reminder to the structural deficiencies of the U.S. economy and the reason for our negative dollar outlook for the year despite (its) recent bounce.
economy emerging labor notion patch report soft supports
Today's disappointing labor report supports the notion that the emerging soft patch in the U.S. economy is here to stay.
billion covering damage declining doubt expect five foreign given markets net past purchases sufficient trade trend whether
Given the declining trend in net foreign purchases of the past five months, we doubt whether these would be sufficient in covering the $55.8 billion trade deficit, ... In that case, markets should expect intensifying damage for the dollar.
albeit asks attractive dollar face levels players rush selling technical
One asks how can players rush into selling the dollar -- albeit at these attractive technical levels -- in the face of the Fed's bolstering, anti-inflation rhetoric?
became china currency fall rid thai yuan
If China was to completely get rid of its currency peg, and the yuan became completely convertible, it would fall under pressure. It would become another Thai baht.
demand exports partners slowing trading
With our trading partners slowing down, they're not going to demand a lot of exports from us.
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.
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.