Hades Weekly Macro & Market Strategy 17 09 12
Our weekly publication insight into which data and events has the potential to move markets in the week ahead, an update on the more interesting chart developments and concludes with a summary of our core strategy views.
- ECB’s OMT plan, German ESM approval positive, political posturing should now complicate
- EZ equity run ought to extend but EUR bounce bad news for periphery, still corrective
- Unwind of Jubilee a positive s/t kicker for UK data, overall trend still weak
- Pound vulnerable to fundamentals and political risk, waiting for signal to short Cable
- Fed delivers above expectations with open ended QE3, underpins Gold
- S&P500 move through 1,440 brings pre crisis high at 1,576 into view
This note covers US, UK and European markets for the week commencing September 17th.
Full report below…
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