Mohammed Abdulwadud Soubra / Blog
Market Forecast - 1Q 2017: Fireworks Ahead on Trump, Brexit A raft of failures plagued forecasters in 2016. The markets did not to foresee Donald Trump’s victory in the US presidential election, the last-minute OPEC production cut accord, and the outcome of the Brexit referendum...
Euro Gains On Monte Paschi State-Rescue Plan Talking Points The single currency picked up in Asia on news that the Italian cabinet was debating a rescue for Monte dei Paschi DeSiena The tottering lender said this week that it had failed to secure sufficient private capital to carry on A state lif...
EUR/JPY Technical Analysis: ECB-Weakness a Mere Blip in the Trend Talking Points: EUR/JPY Technical Strategy: Intermediate-term bullish; near-term price action facing rigid resistance. The price action zone from 123.09-124...
Pivot Points DAILY Last Updated: Dec 21, 3:44 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02528 1.03185 1.03517 1.03842 1.04174 1.04499 1.05156 USD/JPY 115.17 116.424 117.124 117.678 118.378 118.932 120.186 GBP/USD 1.21548 1.22595 1.23124 1.23642 1.24171 1.24689 1.25736 USD/CHF 1.01668 1...
Crude Oil Prices May Extend Gains on Inventories Drawdown Talking Points: Crude oil prices soars as API data amplifies OPEC news-flow Gold prices left range-bound despite hawkish Yellen comments EIA oil inventories data, year-end flows in the spotlight ahead...
Brexit Briefing: British Pound Under Pressure as May, Sturgeon Clash Talking Points UK Prime Minister Theresa May says if Scotland were to become independent it would no longer be in the EU. Scotland’s First Minister Nicola Sturgeon wants EU market access and more power...
Are U.S. Stocks Expensive? Yes. Talking Points: As euphoria has swept global markets after U.S. elections, prices have run very far, very fast. And while many are debating whether stocks are ‘expensive’ here, data indicates that U.S. stocks are at historically-elevated levels...