#tradingstrategy #mindset #trader

CPI comes out Wednesday.

Here's how consumer sentiment has reacted with rising CPI.

Note, consumer sentiment has never been lower.

📈Market Conditions Today📉

#DJI🔻 0.55% 💲31,165
#SP500🔻 1.17% 💲3,854
#NASDAQ🔻 2.26%💲11,373
#US10Y🔻 3.67% - 2.987%
#DXY⬆️ 1.08% - 107.98
#WTI 🔻1.11%💲103.63
#Gold 🔻 0.66%💲1,731
#Silver 🔻 1.06%💲19.03
#BTC🔻 1.88% 💲20,505
#ETH🔻 3.66%💲1,143

EURO-DOLLAR PARITY: WE ARE ALMOST THERE... BUT CAN THE EURO DECLINE EVEN FURTHER?


Based on interest rates differential (German 2y bond yield - US 2y bond yield / see the red line), the euro (green line) has indeed a lot further to fall than just parity...

#EURUSD

@TRADINGCLUB3ST

White House expecting new CPI data to be "highly elevated"

BlackRock | Back to a volatile future, the Great Moderation is over

Investment themes :
- Bracing for volatility : tactically overweight investment-grade credit
- Living with inflation : tactically underweight most DM equities
- Positioning for net zero : tactical opportunities in selected energy stocks

👇🏻👇🏻👇🏻

European Opening Calls:

#FTSE 7155 -0.58%
#DAX 12741 -0.71%
#CAC 5954 -0.70%
#AEX 665 -0.68%
#MIB 21387 -0.84%
#IBEX 7993 -0.90%
#OMX 1929 -0.44%
#SMI 10974 -0.49%
#STOXX 3441 -0.87%

EUR/USD Forecast:

Bears could pause near descending channel support, around 0.9980 area


#EURUSD

🇩🇪 German Zew:

Current Conditions
Act: -45.8
Prev: -27.6
Fcst: -34.5

Economic Sentiment
Act: -53.8
Prev: -28
Fcst: -38.3

🇪🇺 Eurozone ZEW Economic Sentiment Index:
Act: -51.1
Prev: -28

☝️☝️☝️☝️

#ZEW President: “The Current Major Concerns About The Energy Supply In Germany, The ECB’s Announced Interest Rate Hike And Further Pandemic-Related Restrictions In China Have Led To A Considerable Deterioration In The Economic Outlook"
——————

Il presidente della #ZEW: "Le attuali principali preoccupazioni sull'approvvigionamento energetico in Germania, l'aumento dei tassi di interesse annunciato dalla BCE e ulteriori restrizioni legate alla pandemia in Cina hanno portato ad un notevole deterioramento delle prospettive economiche"

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Il successo nel trading non è fortuna, è il risultato di innumerevoli ore davanti ai grafici.


#mindset #tradingstrategy #traders

📈Market Conditions Today📉

#DJI🔻 0.63% 💲30,976
#SP500🔻 0.86% 💲3,821
#NASDAQ🔻 0.95%💲11,265
#US10Y🔻 1.00% - 2.961%
#DXY⬆️ 0.11% - 107.95
#WTI 🔻8.00%💲95.76
#Gold 🔻 0.44%💲1,724
#Silver 🔻 1.39%💲18.87
#BTC🔻 5.24% 💲19,415
#ETH🔻 8.46%💲1,044

What happens in October when the SPR release is over?

European Opening Calls:

#FTSE 7205 -0.07%
#DAX 12856 -0.38%
#CAC 6034 -0.17%
#AEX 671 -0.01%
#MIB 21442 -0.20%
#IBEX 7982 -0.41%
#OMX 1962 -0.35%
#SMI 11038 -0.29%
#STOXX 3477 -0.28%