I’m supposing that the strength around the markets is down to relief that the conflict in Israel so far only involves Israel and Hamas. To be honest, I expected Hezbollah to launch a heavy attack within 36 hours of Hamas’s. So far, that’s not happening.
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Markets will move up and down with each new event, I expect the US to take action soon against Iran, let’s see what markets do then
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I assume you mean more sanctions or suchlike, not military action against Iran? But even then, is there really a mood for moves against Iran in the US government and population?
It’s crazy how NZD gets to top strong spot and then does this.
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The US government and the people are at complete odds, There are the sheep who will follow and do whatever the government says, and then there are the rest of us who are tired of these endless wars and the interference of other countries’ affairs. I would like us to stay out of the Middle East altogether, but seeing Iran’s leadership at the business end of a cruise missile would not be a bad thing
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We hear in the UK (but only now that there is larger-scale conflict between Hamas and Israel) is that Biden’s administration sent Iran a massive amount of money a few weeks ago. Some in the media are calling this appeasement - which we have a bad perception of historically of course.
Most of the west considers that if Hamas is not destroyed they will do the same thing again. And if they’re only damaged they’ll be doing it here next.
But it’s very hard to think of Biden sending troops or bombers into anyone else’s territory anywhere in the world. OK, a US carrier group is now deployed into the eastern Mediterranean but still…
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Hi tommor
Can we take this conversation to the political opinion threat, I am going to copy your post and respond over there
Thanks
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Another ugly day, if we do not see a rally in the last hour of trading this sure looks like the beginning of the next leg down
S&P 500, 4200 here we come
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Inverted yield curve, treasuries rising, inflation not coming down. It all sounds like a recession is coming and major crash with it. And all those crazy tech company valuations will get wiped back down where they belong.
I think we’ll be visiting closer to 2500 within the next 12 months.
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It was another ugly day and the risk-on currencies reflect that, a little hope was a late day rally, this might signal a good Friday, but if it does happen it will just setup another chance for a Black Monday
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Well, 1-month has passed, how’s that analysis (prediction? intuition?) working for you?
No call on this one? Had it back on 9/11. Interesting that was a Friday, and now Friday the 13th !!!
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Gap open higher but now pulling back, let’s see how it plays out, Monday is the day that worries me
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Been short gbpusd since end of July and just loving it!!!
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Interesting start to the week, no black Monday so far
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The market held on to most of its gains, let’s see what tomorrow brings
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Should be some changes happening soon, NZD bad news for example, but look at the numbers, the differential is small.
Things were looking bad early but the market came back with most areas finishing near their highs
and yes this is a tight market, it is like they are waiting the next bomb to drop
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