Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
carry central drained driver excess global next year
We think next year will be a very different story as excess global liquidity, the driver for carry trades, is drained by central banks.
extremely hike looking looks main market meeting next rate strong time
The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
extremely hike looking market meeting next rate strong time
The PCE deflator will be extremely important today. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
couple easy low next solution testing weeks
I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.
assuming couple decline euro hiking market next open rates
The market is assuming that the ECB won't be hiking rates in the next couple of months. The way is open for the euro to decline further.
both dollar negative potential provide
Both have the potential to provide dollar with negative surprises.
agreement coalition compromise grand obviously
Under the grand coalition agreement, some compromise will obviously have to take place for things to work,
backdrop canadian gains positive provided
Gains in commodities provided a positive backdrop for the Canadian dollar.
believe clear coalition difficult either election form german grand hostility outcome possible result seems side worst
I believe the German election result is the worst outcome possible for the euro. Not only is there no clear winner, it will be difficult for either side to form a coalition and there seems to be hostility to the idea of a grand coalition.
although banks behind central citing global reasons reserve
Central bank's reserve diversification is now a global trend, although different central banks are citing different reasons behind the change.
behind dollar driving financial flows force hence main market months portfolio summer support
Portfolio flows had been the main driving force behind dollar strength. During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.
behind dollar driving financial flows force hence main market months portfolio summer support
Portfolio flows had been the main driving force behind dollar strength, ... During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.
coming news putting quite
There is quite a lot of news coming out of Japan, which I think is putting the yen under some weakness.
test
We will get a test of the $1.10 low.