Friday, November 18, 2016

Market Moving Events

4 Dec : Italian referendum- Standby for another Brexit/Trump Election Drama. Good chance the current Prime Minister Renzi might lose this referendum given the Italian economy being the 4th largest in EU has been the worst performer since they joined EU. Expect Euro and European stock market to be weak in the run up.

8 Dec : Europe EU to decide whether to extend the QE after Bond Buying expire on Mar'2017. In the wake of recent interest rate rise and Fed rate hike expectation. Super Mario might stay status quo, imply more euro weakness ahead.

13-14 Dec- US FOMC rate hike looks like baked in the cake. USD rally to continue.
All posts and charts are for educational and illustration purposes only

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