Game plan for trading the euro zone GDP releases
Last week the euro zone dominated the headlines and traders can expect more of the same with euro zone countries releasing GDP numbers on May 15.
Strategy
Gold wipes out 2012 gains
Gold bugs watched gold prices fall even further this week, basically wiping out 2012’s gains on the COMDEX as money flowed from risk assets to the safety of the U.S. dollar and Japanese yen.
Trading the sentiment change in the euro
Greek politics are taking their toll on the euro this week. In fact the euro has been hanging around a three month low on the uncertainty of the Greek government elections, not to mention the euro zone is now struggling with a weaker China.
Oh Canada! Send some jobs to the U.S…
Oh Canada – Oh Canada – seems to be doing something very right!
The Aussie dollar bounce may be short lived
Yesterday traders saw the Aussie dollar lose ground as sentiment shifts away from risk only to flip today to more risk on, making the Aussies the strongest currency today.
The synthetic natural gas short/long crude oil play
Many news outlets are suggesting natural gas has put in a bottom and crude oil has put in a top. The problem I have with those circulating this theory is that they are not in the thick of things in the oil patch. They are not out there getting their hands dirty on the stuff.
Now is the time to get out ahead of market volatility in cocoa
The U.S. National Oceanic and Atmospheric Administration or NOAA is predicting rain for the next 6 days for West Africa; fantastic news for cocoa farmers.
Gold not that shiny in the near term
Looking at gold’s outlook we find fundamentals and technicals at odds with each other.