Ashraf Laidi

AshrafLaidi.com

Contributor since: 18 Mar 2011

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• It's China's Turn

  Published 12 August 2015 | viewed 0 times

  Devaluing currencies from the US to Japan, Eurozone and China. Although Japan started zero interest rate policy back in the mid-1990s, for a more relevant…

• PBOC Action to Further Divide the Fed

  Published 11 August 2015 | viewed 0 times

  The 1.9% devaluation in the peg of the Chinese yuan is a balancing act between addressing the slowdown in exports and the economy, and stabilizing…

• CAD Net Shorts Break Trendline

  Published 10 August 2015 | viewed 0 times

  CAD net shorts vs USD have risen to their highest since March 2014, breaking the 29-month trendline support and suggesting CAD sentiment among speculators is…

• Stocks, Bonds, USD: What Rate Hike?

  Published 07 August 2015 | viewed 0 times

  The US July jobs report was strong, or at least clearly better than the June report. 215K in NFP, 2.1% average hourly earnings y/y, unemployment…

• Services ISM Soar, ADP Disappoints

  Published 05 August 2015 | viewed 0 times

  USD recovered from a disappointing ADP reading to rally across the board when the headline July services ISM hit a 10-year high of 60.3 from…

• Treasury Positioning at Odds with Fed Hike

  Published 04 August 2015 | viewed 0 times

  Act Exp Prev GMT Construction Spending (JUN) (m/m) 0.1% 0.6% 1.8% Aug 03 14:00 Why is positioning in US 10-year treasury notes at its most…

• Five Currencies' Positioning in One Chart

  Published 03 August 2015 | viewed 0 times

  Combining the net speculative futures positions of all 5 major currencies against the USD, we find CHF positioning to remain the only net long against…

• The Euro-Oil Relationship

  Published 31 July 2015 | viewed 0 times

  Act Exp Prev GMT Eurozone CPI (JUL) (y/y) [P] 0.2% 0.2% 0.2% Jul 31 9:00 Eurozone CPI - Core (JUL) (y/y) [P] 0.9% 0.8% 0.8%…

• Jackson Hole All About Inflation

  Published 30 July 2015 | viewed 0 times

  Another FOMC statement and another swing at the law of probability. Some banks are considering the probability of a September Fed hike to be as…

• Commodities Damage to BRICs Cushion

  Published 23 July 2015 | viewed 0 times

  Act Exp Prev GMT Continuing Jobless Claims (JUL 10) 2.207M 2.225M 2.216M Jul 23 12:30 Initial Jobless Claims (JUL 17) 255K 280K 281K Jul 23…

• Beware of Stocks vs Oil

  Published 17 July 2015 | viewed 0 times

  How high can stocks go following the dissipation of Grexit, reiterated ECB calls to stick with its asset purchases and the stabilisation in Chinese stocks?…

• From Tsipras Proposal to Yellen's Speech

  Published 10 July 2015 | viewed 0 times

  This afternoon's speech by Fed Chair Yellen at 12:30 Eastern (16:30 GMT/17:30 BST) is expected to reveal her reiteration the message that more will be…

• Gold's Unsafe Haven and Yen's Comeback

  Published 08 July 2015 | viewed 0 times

  Gold's accelerating sell-off since June 18 highlights the metal's deteriorating role as a safe haven amid Greece uncertainty as other factors take priority. Oil's 19%…

• Bunds See no Grexit

  Published 01 July 2015 | viewed 0 times

  The Bunds-Euro relationship remains intact, as both continue to converge along the crucial trendline support since the April bottom. With yet another yields bounce off…

• Euro Bourses and Euro Currency's Inverse Relation Still In Play

  Published 23 June 2015 | viewed 0 times

  The euro-Dax-bunds relationship continues in full swing, led by a rallying Dax (and rest of Eurozone bourses) resulting from the most notable steps taken by…

• USD Rally at Critical Levels

  Published 18 June 2015 | viewed 0 times

  One way of grasping the latest tumble in the US dollar is to think of the following: As expectations of a 2015 Fed hike grew…

• UK Jobs, BoE, Sterling and Yield Spreads

  Published 17 June 2015 | viewed 0 times

  Today's UK jobs figures powered the pound across the board as average weekly earnings growth (excluding bonuses) shot up to a six-year high of 2.7%…

• Rare 40-Month Cycle in USDJPY

  Published 16 June 2015 | viewed 0 times

  While markets' attention is placed on the latest rumour from German tabloids and the habitual Greek denials, let's focus on the other USD pair. When…

• Wages Overshadow Jobs Growth

  Published 09 January 2015 | viewed 0 times

  Both the US dollar and bond yields head lower as stocks extend losses following a mixed US jobs report, which is ultimately supporting the disinflation…

• The Fed Still 'Works'

  Published 08 January 2015 | viewed 0 times

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