Last Friday inflation figures was on the rise and if tonight payroll data again shows rising wage pressures , the market may be jolted on renewed tightening scare . The core PCE price index rose in January, the biggest month on month increase in four years.
Of late market attention has been focused on Chinese economy , oil prices, geopolitics. Very little attention is paid to the weakening The Eurozone GDP has started trending down again and CPI inflation has fell into negative zone.
Markets anticipation of Super Mario aggressive easing monetary policy holding up the stock market current rally, keeping Euro $ weak and pushing investor into GOLD.
This blog continue to believe that the big winner with the introduction of negative interest rates by Central Bankers as a monetary policy tool is GOLD
Of late market attention has been focused on Chinese economy , oil prices, geopolitics. Very little attention is paid to the weakening The Eurozone GDP has started trending down again and CPI inflation has fell into negative zone.
This blog expects Super Mario to follow Japan Kuroda footstep by introducing aggressive easing on 10 march at the forthcoming ECB
Markets anticipation of Super Mario aggressive easing monetary policy holding up the stock market current rally, keeping Euro $ weak and pushing investor into GOLD.
This blog continue to believe that the big winner with the introduction of negative interest rates by Central Bankers as a monetary policy tool is GOLD
All posts and charts are for educational and illustration purposes only
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.