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I lke this. Nothg is unpredictable.
earlybird14 ( Date: 11-Mar-2017 22:16) Posted:
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I will not attempt to predict too far ahead regarding currency rates... Currency is too sensitive to too many factors..
Too me it is too un-predictable...So I am not keep on it..
I am very simple minded.. Strong US economy, Feb rate hike, Briexit, france election and oil bearish all add strength to US$. and that explain everything... in the near future.
earlybird14 ( Date: 11-Mar-2017 22:16) Posted:
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https://youtu.be/Q4VGQPk2Dl8
Interesting.....
Interesting.....
So to conclude that
Euro is potentially go up due to end of Europe QE, inflation and economic data all positive and the only worry on France election the non anti euro candidate in lead on poll now. So outlook for euro is up in 2017.
Gbp down is mainly due to worrying of brexit from Europe in fact so far nobody can 100% say UK out from EU definitely will be recession. Especially GLb is at historically low, so once brexit is settled nicely and out from eu successfully but continue to do business and maintain good relations with EU, UK will just be another Switzerland and Norway who have good economic but doesn't stay with EU currently. So outlook of GBP in 2017 is positive.
Yen and S&P. Sell in May and go away will affect market in next few months till oct-nov. U.S. Market is overheated and moved into trump or republican ruling. As per history, republican always bring us economic from peak to bottom. So outlook of U.S. stock market after May is bearish, yen is always best place for hidding risk of economic downturn. So yen will appreciate after long time QE as well. So outlook of U.S. stock market is negative and yen is positive.
Again want to bet or not?😁 😁 😁
Euro is potentially go up due to end of Europe QE, inflation and economic data all positive and the only worry on France election the non anti euro candidate in lead on poll now. So outlook for euro is up in 2017.
Gbp down is mainly due to worrying of brexit from Europe in fact so far nobody can 100% say UK out from EU definitely will be recession. Especially GLb is at historically low, so once brexit is settled nicely and out from eu successfully but continue to do business and maintain good relations with EU, UK will just be another Switzerland and Norway who have good economic but doesn't stay with EU currently. So outlook of GBP in 2017 is positive.
Yen and S&P. Sell in May and go away will affect market in next few months till oct-nov. U.S. Market is overheated and moved into trump or republican ruling. As per history, republican always bring us economic from peak to bottom. So outlook of U.S. stock market after May is bearish, yen is always best place for hidding risk of economic downturn. So yen will appreciate after long time QE as well. So outlook of U.S. stock market is negative and yen is positive.
Again want to bet or not?😁 😁 😁
earlybird14 ( Date: 11-Mar-2017 22:05) Posted:
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Aiya I just shared my opinion only. I won't go against market de.
For oil bearish, since Ezion at 42 and oil stay too long at 50+, I had bearish on oil price already.
I took 1 article about us inventory and import to highlight the U.S. High inventories were a threat toward oil price and March import figure from opec will be indicator of outcome of production cut.
Why oil price drop so sharply since the oil inventories has been built up many weeks what make last week report so killing? An increase of oil import as compared to past 4 weeks.
You share those product just now, I share my own view to let you know that what potentially will happen few weeks later which will cause them to swing oppositely in fact.
For oil bearish, since Ezion at 42 and oil stay too long at 50+, I had bearish on oil price already.
I took 1 article about us inventory and import to highlight the U.S. High inventories were a threat toward oil price and March import figure from opec will be indicator of outcome of production cut.
Why oil price drop so sharply since the oil inventories has been built up many weeks what make last week report so killing? An increase of oil import as compared to past 4 weeks.
You share those product just now, I share my own view to let you know that what potentially will happen few weeks later which will cause them to swing oppositely in fact.
TechnicalTrader ( Date: 11-Mar-2017 21:51) Posted:
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current rate is only 81.03.... guess you have to wait for at least one-two weeks if current trend continues..
Now is still too eary to give my tp, but 83 seems possible.
halleluyah ( Date: 11-Mar-2017 14:41) Posted:
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friend
this is the data obtained from CFTC. Recalled that last sat /sunday the table I put up did mentioned that specultators on oil was less bullish..
Anyway, it is good to just take note of these data and check the movement to find out if there is any correlation or not..
earlybird14 ( Date: 11-Mar-2017 15:59) Posted:
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In fact I hold opposite view for all.
Euro/usd just bounce up from 1.05 a critical level now 1.067. France election poll show the anti euro lady will lose the election and Europe will be out of QE soon and inflation and economic is better.
Gbp/usd, now at 1.215, at week low midbollinger line, last low bounce at around 1.205. So let's see if it will be triple bottom up. Also poll show that British is unhappy low GBP and if necessary for it to go down, Breexit is also going to complete to. Let's see if it will be broken at bottom. Waiting for a chance.
Yen, stock to Nikkei, we see how yen appreciate in last bear market, since us election it turn weak with Nikkei bull. Sell in May and go away, stock market move into correction yen will appreciate again.
S&p same, sell in May and go away, once market move into correction all stock market will be down.
Euro/usd just bounce up from 1.05 a critical level now 1.067. France election poll show the anti euro lady will lose the election and Europe will be out of QE soon and inflation and economic is better.
Gbp/usd, now at 1.215, at week low midbollinger line, last low bounce at around 1.205. So let's see if it will be triple bottom up. Also poll show that British is unhappy low GBP and if necessary for it to go down, Breexit is also going to complete to. Let's see if it will be broken at bottom. Waiting for a chance.
Yen, stock to Nikkei, we see how yen appreciate in last bear market, since us election it turn weak with Nikkei bull. Sell in May and go away, stock market move into correction yen will appreciate again.
S&p same, sell in May and go away, once market move into correction all stock market will be down.
TechnicalTrader ( Date: 11-Mar-2017 14:24) Posted:
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Tesla' s Musk offers to fix South Australia' s power crisis in 100 days
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FILE PHOTO: Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton/File Photo
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By Sonali Paul | MELBOURNE
Tesla Inc boss Elon Musk on Friday offered to save Australia' s most renewable-energy dependent state from blackouts by installing $25 million worth of battery storage within 100 days, and offering it for free if he missed the target.
The offer follows a string of power outages in the state of South Australia, including a blackout that left industry crippled for up to two weeks and stoked fears of more outages across the national electricity market due to tight supplies.
Musk made the offer on social media, and the government said it could consider backing such a battery roll out by Tesla.
" The government stands ready through ARENA and the CEFC to work with companies with serious proposals to support the deployment of more storage," Environment and Energy Minister Josh Frydenberg said in an email to Reuters.
ARENA is the Australian Renewable Energy Agency and the CEFC is the Clean Energy Finance Corp.
Musk made the offer in response to a comment on social media by Mike Cannon-Brookes, the co-founder of Australian software maker Atlassian Corp, who said he would be willing to line up funding and political support if Tesla could supply batteries that would solve South Australia' s problems.
100-DAY GUARANTEE
Musk responded by tweeting: " Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?"
He quoted a price of $250 per kilowatt hour for 100 megawatt hour systems, which would imply a price of $25 million for the battery packs.
" You' re on mate. Give me 7 days to try and sort out politics & funding," tweeted Cannon-Brookes.
He said he was inundated with calls on Friday after the exchange and was eager to get the plan off the ground.
ALSO IN BUSINESS NEWS
" My phone hasn' t stopped buzzing. The support is flooding in, both from individuals in terms of ' Hell yes!' and from corporates who are asking: ' Can we buy power? Can we contribute dollars?' ," Cannon-Brookes told Reuters.
Tesla launched its Powerwall 2 in Australia, the world' s top market for rooftop solar, this week. Battery storage is just one of several options the government is looking at to help ensure reliable power supplies as the country grows more reliant on intermittent wind and solar power.
" We have been talking with a number of large-scale battery providers about potential storage solutions, including in South Australia. To the extent Tesla is interested, we' ll also talk with them," Clean Energy Finance Corp Chief Executive Oliver Yates said in an emailed statement.
After a record-breaking summer, Australia' s energy market operator said this week that eastern Australia desperately needed more gas for power stations within the next two years to provide back-up electricity for wind and solar and avert blackouts.
(Reporting by Sonali Paul Editing by Randy Fabia and Edmund Blair)
Typo...0.83
halleluyah ( Date: 11-Mar-2017 14:39) Posted:
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M waiting fr yen..seems tough to cross 83 against sin..wats yr tp...
TechnicalTrader ( Date: 11-Mar-2017 14:24) Posted:
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CFTC: Speculators More Bearish on Euro, Sterling, Japanese Yen More Bullish on S& P 500
for your reference
Lol
earlybird14 ( Date: 11-Mar-2017 00:39) Posted:
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No weak at all. Seem like I can't get what I want for today. Time to sleep
TechnicalTrader ( Date: 11-Mar-2017 00:17) Posted:
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Oh as we chat, oil drop more, US indexes in trouble....
They live in another world. Their job is enjoying life, always got capable people work for them.
TechnicalTrader ( Date: 11-Mar-2017 00:11) Posted:
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no worry. Singapore education still supported by South East Asia. They come here since primary school, so long as they Graduate from jc, their parents will send them to oversea.
Today China is not longer 10 years ago China. They know what happen here but some till come here with no choice
Today China is not longer 10 years ago China. They know what happen here but some till come here with no choice
TechnicalTrader ( Date: 10-Mar-2017 23:58) Posted:
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maybe you are right... If i am rich I also want to buy properties everywhere in the world..
earlybird14 ( Date: 10-Mar-2017 23:47) Posted:
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hi mr EB
After so many years of being " conned" by Singapore' s Educational Hub policy, China ppl realized that their children cannot survey in Singapore Eductional system... The bloom has long become history...
Many of those come for edustion, spent their " long-term vocations" learn nothing except smoking and gang-fighting. In the end, have to go back China (Those outstanding china students are those receiving scholarships from singapore gov and studying in the proper schools. They are normally not from rich families) So more and more China ppl know that their children cannot survive in the system here. The number is decreasing fast.
Those super rich also will not mind all those measures. Property in 1st tier provinces in China have been blooming in their last few years. prices can be double in months...So why put money in singapore property...
earlybird14 ( Date: 10-Mar-2017 23:39) Posted:
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Does they really buy at bear property market? No really, they just too cash rich want to buy something, so long as gov don't give too much restrictions to them they will come and buy.
They are not really investment, just their business generate too much cash and don't know how to spend.
They are not really investment, just their business generate too much cash and don't know how to spend.
earlybird14 ( Date: 10-Mar-2017 23:39) Posted:
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