From the Punter Trenches (24 Jan 2018)

IMG_5331

By Tanya Rawat

As I stated start of the week, as expected Gold’s jumped a massive circa 1% to $1352/oz levels, while the Euro is markedly stronger as well at 1.2350 handle primarily due to US 10 Yr Tsy’s moving back up to 2.65 levels after taking a breather at 2.61 levels. FTSE continued to get smacked on a stronger pound, which is comfortably sitting above the 1.41 handle. On the back of a massive swing up on the Tsy yields, the Dollar weakened and seems headed to 88 as discussed in the last post and the Japanese Yen towards 108 handle. Watch the equity space take a cue from this.

Questions? Comments? Contact me at Tanya@rawatspeaks.com.

Copyright © 2018 Tanya Rawat. All rights reserved. These materials are proprietary to Tanya Rawat and may not be reproduced, modified, transmitted, transferred or distributed in any form without the prior written consent of the author Tanya Rawat.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Powered by WordPress.com.

%d bloggers like this: