The Old Man’s Views

Happy Birthday to Me! …Or Is It?

Today, my oldest contract should have come into play. But the government cheated me by unilaterally changing the terms and conditions.   Today, my oldest contract should have come into play. But the government cheated me by unilaterally changing the terms and conditions.   When I started paying into my pension back in the 70s,…

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Macro Research

Tech Wreck 2.0

It’s quite clear certain parts of the market such as crypto, saas and other duration linked assets in Tech has recently had a fall from grace reminiscent of the .com bust. How deep this goes will depend purely on central bank policy, of which I’ve tried to argue a fall in risk assets is actually…

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Digital Asset Insights

Digital Asset Insights #66

Leading digital currencies are crashing as we predicted but we expect an upswing in price action soon. This report, analysis, and predictions will guide you into the new week to make smart decisions in interacting with the delicate world of digital currencies. BITCOIN (BTC) BTC fell to its lowest level since last July at the…

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Cromwell FX Market View

The Fed Continues to Rule

The week that was so anticipated finally arrived. The Fed raised interest rates by 50bps ruling out the possibility of 75bps. However by the end of the week, fed fund futures are still pricing in 82.9% chance of a 75bps hike in at the June 15 FOMC meeting, to 1.50-75% Most pairs found some level…

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Digital Asset Insights

Digital Asset Insights #65

A tough bearish week has passed and digital currencies are beginning to consolidate their gains and losses, and the current market situation across major cryptos, keeping you informed about the pros and cons, and updating you with what to expect in the coming few days. BITCOIN (BTC) On Monday, May 2, 2022, the Bitcoin price…

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Digital Asset Insights

Digital Asset Insights #64

Good and Bad News for Crypto Traders: time to leverage the bullish trends of your favorite digital assets by staying informed with market behavior and incisive predictions. BITCOIN (BTC) At the opening of the week, Bitcoin started a fresh decline after it failed to clear the $40,000 resistance zone. The price traded below $39,500 and…

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Cromwell FX Market View

Big Gains for the US Dollar

The US Dollar was the overall winner last week making impressive gains across the board. A further firming of yields and speculation of further Fed tightening propelled the USD.  The market is now expecting a 50bps rate hike in May and could end the year between 2.5% and 3.5% depending on incoming data and developments…

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Digital Asset Insights

Digital Asset Insights #63

With digital currencies, you either gain or lose. However, with the right information, analyses, and expert predictions, you can maximize the trading sessions to your advantage. This newsletter is your constant guide to profitably mine the cryptocurrency world this week. BITCOIN (BTC) When the trading session opened, Bitcoin’s price was below the key $41,500 resistance…

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Cromwell FX Market View

US Dollar Grinds Higher

Last weeks rising yields continued. This led to a week of further downward pressure in bonds and interest rate rises. The Box and RBNZ both moved 50bps higher which caused risk assets to move lower.   The shortened week for the 4 day easter holiday saw the US Dollar grind higher. The flight from risk…

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Cromwell FX Market View

Sleepy Start, Explosive End

The week started as the following had ended. Markets were relatively quiet. The war in Ukraine had continued to ebb away from headlines and the markets were able to begin to focus on other factors.   The US Dollar ended the week the strongest despite the mixed start. The markets waited until the Fed minutes…

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Macro Research

After Inversion Comes?

In my first note, I asked the question, will the yield curve invert? With 5s30s and more importantly the 2s10s inverting on 31/03/22, the guessing game is over! The inversion although an important part to start a countdown on a risk off set up. It’s a steepening of the yield curve that comes after an…

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