Hades Weekly Market & Macro Strategy 15 10 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’ to remain just that as PM Rajoy stalls amid ranging periphery yields
- EZ equity run could extend but EUR’s corrective bounce reaching its limit
- UK data still looking constructive, market buying into improvement
- Pound looks rich, still waiting for signal to short Cable, like long EUR/GBP
- US data improving, election noise should distract from fiscal cliff worries near-term
- S&P500 remains bullish, pre-crisis highs at 1,576 in play while market holds 1,419/22
This note covers US, UK and European markets for the week commencing October 15th.
Full report below…
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