The ECB might have it’s QE powers limited thanks to a German court ruling
Ed Moya kicks off today by addressing a German court ruling that states the Bundesbank must stop buying government bonds if the ECB can not prove those purchases are needed. On the back of this ruling the Euro is down and yields are moving higher. We also touch on the crude price moving above $25.
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Ed Moya kicks off today by recapping the Fed and ECB statements. While both central banks remaining easy with their monetary policy we discuss the balance of money landing in equity markets as well as gold.
After extreme levels in volatility and central bank policies are we finally seeing some calm enter the markets?
Peter Hanks, Analyst at DailyFX kicks off today by looking at the US markets and some related factors that are showing fear has dissipated to a small degree.
14 central banks have cut rates and the major central banks are aggressively buying assets which is helping but even the news of California going into lock down is not forcing a sell in US stocks. Maybe the worst is behind us – Maybe not though…
Important Updates on Global Politics and Upcoming Central Bank Meetings
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me to recap all the major political and central bank events on tap for the next week and a half. We start with Brexit and move to the Canadian election results, all with a view of what it could do for markets. Finally the ECB is meeting this Thursday and next Thursday we hear from the Fed. We share what to expect.
Updates on Brexit, US Bank Earnings, and Looking Ahead to The Fed
Chris Temple kicks off today by discussing where we stand with Brexit and just how far it could continue to get pushed back. We also look at the earnings picture in the US especially when it comes to the banking sector. Finally a couple comments on the ECB and Fed to wrap up the big picture.
What repo market actions mean for the dollar and further central banks actions
Chris Temple joins me for some further comments on the repo market actions from last week and how other markets could be impacted. The biggest questions revolves around the US dollar and if it might finally start rolling over. However we also heard from incoming EBC head Lagarde and outgoing ECB President Draghi about the path of that central banks monetary policy.
Chris temple joins me to discuss the statement from the ECB today and how the market reacted. With the swings today we ask the question of if the market is finally starting to focus a bit more on earnings and fundamentals over simply being central bank focused.
How to invest in an early stage bull market like the PMs
Chris Temple recently wrote to his subscribers that he thinks the precious metals and stocks will have a little pullback in the near term. This comment got us on the topic of how to trade a market like the PMs which seems to be in an early stage bull market. We also look ahead to the major drivers over the next two weeks of the ECB and Fed meeting. Watch how the currencies react most closely.
Hour 1 – Gold and US Markets Continue To Break Out, Here’s What Matters
What is seeming to be a trend right now is gold moving higher along with the US markets. All of this on the back on Fed rate cu expectations at the end of the month. Even though we saw some strong US data this week and inflation data above 2%, when Powell spoke in front of Congress he more or less assured us that a rate cut is coming.
In this weekend’s show we discuss all the points above with Jesse Felder, Marc Chandler, and Jeff Christian. Jordan Roy-Byrne also shares some details on an his updated book that looks at the potential of a long term gold bull market.
Segment 1 – Jesse Felder kicks off the show with a discussion on how he views the overall trend and momentum for the US markets and gold.
Segment 2 – Marc Chandler, Managing Partner at Bannockburn Global ForEx recaps where the Fed, ECB, an currently Bank of Canada stand while balanceing out the moves in the Dollar this week.
Segment 3 – Jordan Roy-Byrne just updated his book outlining the long term gold bull market we could be just starting. If you want a free copy of his book visit his site, The Daily Gold, or email me at Fleck@kereport.com.
Segment 4 – Jeff Christian, Managing Parter at the CPM Group takes a look inside this recent gold breakout and shares who is buying.