Ashraf Laidi
Ashraf Laidi
concerns currency deficit eliminated markets mean trade
This does not mean that currency markets have completely eliminated all concerns about the trade deficit when assessing the dollar,
concerns currency deficit eliminated markets mean trade
This does not mean that currency markets have completely eliminated all concerns about the trade deficit when assessing the dollar,
arabian barrel causing cold early event expect gulf iran military oil per potential strike weather winter
The combination of cold winter weather and a potential stand-off in the Arabian Gulf in the event of a military strike on Iran is causing many oil analysts to expect $80 per barrel oil as early as this quarter.
further march natural serve trigger
This could further serve as the natural trigger for the March 8-9 move.
currency decline faster good relatively signal treasury wants weaker
It's good for the U.S. to see a relatively weaker dollar, but it's not a good idea for the U.S. Treasury to signal it wants a weaker dollar. The decline in the U.S. currency could be faster than they wish.
economy housing hurt rest
That would really hurt the U.S. housing market, which is already slowing. It would hurt the U.S. economy and would hurt the rest of the world's economies.
markets tendency
Markets always have a tendency to overreact when they have news.
billion covering damage declining doubt expect five foreign given markets net past purchases sufficient trade trend whether
Given the declining trend in net foreign purchases of the past five months, we doubt whether these would be sufficient in covering the $55.8 billion trade deficit, ... In that case, markets should expect intensifying damage for the dollar.
difficulty finance good increased number swelling trade
The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.
chairman deem dollar early emerge far fed impact meeting rate scaling uncertain whether
The dollar impact will emerge from whether the Fed Chairman confirms the scaling down in market's expectations of a May rate hike. We deem the Fed to be uncertain as to what it will do in the May meeting as it is far too early for the 'data-dependent' institution to decide.
basically door further hikes interest last opens rate rates shows speech statement totally
The speech is as expected. He opens the door basically for further interest rate hikes. It shows he totally agrees with the last FOMC statement that said short-term interest rates hikes 'may' be needed.
money
This is how you make money without venturing abroad.
albeit asks attractive dollar face levels players rush selling technical
One asks how can players rush into selling the dollar -- albeit at these attractive technical levels -- in the face of the Fed's bolstering, anti-inflation rhetoric?
capital continue deficit flows foreign given highs probable record soaring swelling trade
Given the aforementioned dynamics, it is more probable for the U.S. trade deficit to continue soaring to record highs than it is probable for foreign capital flows to keep up with swelling imbalance,