Global Macro Strategist
Summary: Light week ahead, key focus will be on Flash PMIs, RBNZ as well as rate decisions from the likes of the central bank of Mexico. Markets will still be busy digesting the hawkish cut from the Fed from last wk. Look for Fed Speak from Dovish Bullard & Non-Dovish George.
Mon 23 Sep 2019
A replay of the call is available HERE
Taking advantage of the light week ahead (at least from the known unknowns), for a short & quick MM this this week
Really all about post FED digestion, flash PMIs theme, RBNZ decision alongside the likes of Mexico which should be cutting rates by 25bp. Also few key governors speaking Draghi twice, Kuroda, Carney & Lowe. On Fed speak side, watch out for Bullard the Dove & George the Non-Dove
Lastly our MM instincts from last wk’s Monday open on fading the oil spike on the short side & going long US equity futures that were being sold off that morning, have played superbly. Onto the next one, patience & persistence are elements of consistent returns over time. Kudos to those that thought the same & acted accordingly.
Wishing everyone a healthy, phenomenal, smooth, profitable & lucky wk up ahead.
Namaste
-KVP
**
Summary of Prior Week:
COT Report: [@Ole_S_Hansen]
Week Ahead
Key Focus:
Central Banks (SGT):
Fed Speakers (SGT):
Other (SGT):
Econ Data:
Greater China Focus (GST: slides 10 to 12) – Focus on Oct 1st 70th National Day & Summary of Recent Measures Taken by China over last few quarters
Chartography & Price Action
No charts this wk
Don’t forget to bookmark & check our Daily SaxoStrats calls from the European morning session c. 09:00 CET
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