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Leveraged products (e.g., CFDs, Forex (FX) including crypto/fiat, options) are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. 0.90% of retail clients trading in leveraged products experience a negative account balance after a stop-out occurred. 
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Leveraged products (e.g., CFDs, Forex (FX) including crypto/fiat, options) are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. 0.90% of retail clients trading in leveraged products experience a negative account balance after a stop-out occurred. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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Macro Dragon: RBNZ, BoT, Flash PMIs + Powell Speak...

Macro 2 minutes to read
Kay Van-Petersen

Global Macro Strategist

Summary:  Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime.

(These are solely the views & opinions of KVP, & do not constitute any trade or investment recommendations. By the time you synthesize this, things may have changed.)

Macro Dragon: RBNZ, BoT, Flash PMIs + Powell Speak... 

 

Top of mind...

  • We covered wk ahead yest – Macro Dragon: WK # 39... Flash PMIs, Nike, Costco, RBNZ, Turkey, Norges Bank + Mnuchin/Powell

  • Its Flash PMI Weds across the board, as well as RBNZ this weds morning in the Asia Pacific with the BoT due later this afternoon…

  • Quite a bit of Fed speak over the next 24hrs

  • Yes, yes… KVP will touch on the Notorious RBG tmr… talk about legacy!

  • If you have not seen this, worth getting the family around for this… documentary, especially if you place any value on your mother, wife, partner, girlfriend, friend, sister, daughter, grandmother & women in general across the globe… not to mention the best chance for an equitable playing field for humanity as a whole

  • Should be available on Apple TV, Amazon Prime & for now, not on Netflix (Yep, everything else under the sun!)

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On The Radar Today…

  • So Flash PMIs across the board

  • NZ: RBNZ on the tape today 20:00 SGT

  • JP: All industries activity

  • EZ: German Gfk

  • US: Mester @ 21:00 SGT, Powell @ 22:00 SGT, Quarles @ 02:00 SGT, House Prices, Crude Oil Inventories

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Dragon’s Must Reads…

  • For the equity & equity tech fans - Eleanor Creagh highlighting Ant Group to join IPO rush

    Ant Group, China's dominant mobile payments firm, are set to dominate the listed fintech space with their upcoming, humongous, record setting IPO. The Chinese fintech company founded by former Alibaba Group Holding (BABA) Executive Chairman Jack Ma operates the e-commerce giant's Alipay payment service and could be the largest IPO ever when it dual-lists on the Hong Kong and Shanghai's Nasdaq-style STAR Market exchanges later this year.

  • John Hardy dropping a roadmap US Election Primer: The Final Sprint to November 3rd

    We sort through important dates in this final sprint phase of the absurdly long US presidential election cycle. Historically, we have seen significant shifts in the polling in the final weeks leading up to the election. As well, we consider factors that can change the odds between now and Election Day on November 3rd.

  • Saxo’s US Election Cheat Sheet Which cuts into the three potential pathways into the elections, probabilities around them, as well as short & long-term positions across equities, bonds, commodities & currencies.
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Start-to-End = Gratitude + Integrity + Vision + Tenacity. Process > Outcome. Sizing > Idea.

This is the way 

KVP

Quarterly Outlook

01 /

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  • Equity Outlook: Will lower rates lift all boats in equities?

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  • FX Outlook: USD in limbo amid political and policy jitters

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    Chief Investment Strategist

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  • Commodity Outlook: Gold and silver continue to shine bright

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    Commodity Outlook: Gold and silver continue to shine bright

    Ole Hansen

    Head of Commodity Strategy

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  • FX: Risk-on currencies to surge against havens

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    Chief Investment Strategist

    Explore the outlook for USD, AUD, NZD, and EM carry trades as risk-on currencies are set to outperfo...
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  • Equities: Are we blowing bubbles again

    Quarterly Outlook

    Equities: Are we blowing bubbles again

    Peter Garnry

    Chief Investment Strategist

    Explore key trends and opportunities in European equities and electrification theme as market dynami...
    Read full article
  • Macro: Sandcastle economics

    Quarterly Outlook

    Macro: Sandcastle economics

    Peter Garnry

    Chief Investment Strategist

    Explore the "two-lane economy," European equities, energy commodities, and the impact of US fiscal p...
    Read full article
  • Bonds: What to do until inflation stabilises

    Quarterly Outlook

    Bonds: What to do until inflation stabilises

    Althea Spinozzi

    Head of Fixed Income Strategy

    Discover strategies for managing bonds as US and European yields remain rangebound due to uncertain ...
    Read full article
  • Commodities: Energy and grains in focus as metals pause

    Quarterly Outlook

    Commodities: Energy and grains in focus as metals pause

    Ole Hansen

    Head of Commodity Strategy

    Energy and grains to shine as metals pause. Discover key trends and market drivers for commodities i...
    Read full article

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