FX Strategist

Greg Gibbs

Fundamental analysis of topical themes in FX

Amplifying Global FX Capital

Amplifying Global FX Capital was founded in 2015 and is fully owned by Greg Gibbs. It is a registered company both in Australia and Colorado, USA and is a licensed in Australia to provide financial services.

We are producing a regular trading view orientated macroeconomic analysis of topical themes in global financial markets, with a particular focus on foreign exchange. We invite you to view an “executive summary” of these reports in “AmpGFX Reports” under our “Research” menu.

These reports are drawn from the analysis of Greg Gibbs and inform the capital management he undertakes on behalf of the company. The trading performance is posted periodically on our website. We aim to build our company into both a research and capital management business. We are currently in the planning phase for managing capital for wholesale customers.

Greg Gibbs has spent his working life of more than 26 years in financial markets, beginning in 1989 at the Reserve Bank of Australia, after completing a Bachelor of Economics Degree (Honours) at the Australian National University. He has been a CFA Charterholder since 2005. He has worked in Sydney, Singapore, New York and London for major global banks and presented on foreign exchange markets to major financial institutions and companies around the world, and maintained a high profile in the financial media.

Before Amplifying Global FX Capital, Greg was the Head of Asia Pacific Market Strategy at the Royal Bank of Scotland based Singapore. He now resides in Breckenridge Colorado.

FX & Rates

The tariff fallout was surprisingly more towards a weaker USD. While this may reveal still underlying bearishness for the USD, other currencies, including EUR and AUD, appear to be more at risk than the USD.  USD/JPY may be finding a base after testing significant support near 105.  The Fed has turned somewhat more hawkish, the US economy has gained momentum, the Euro economy has lost some momentum and the Italian economy is likely to suffer in the political wilderness.

The tariff fallout was surprisingly more towards a weaker USD. While this may reveal still underlying bearishness for the USD, other currencies, including EUR and AUD, appear to be more at risk than the USD.  USD/JPY may be finding a base after testing significant support near 105.  The Fed has turned somewhat more hawkish, the US economy has gained momentum, the Euro economy has lost some momentum and the Italian economy is likely to suffer in the political wilderness. 

Multi-asset Macro/Emerging Markets Strategist

Virgil Fernandez Esguerra

Thematic (Sector/Industry)

Our guide to this week’s global macro risk events and trading opportunities.<ul class="">
<li>
This week in trade ideas: Go strategic long Norwegian Krone vs EUR and Saudi stocks. Stay short Italian stocks and bonds vs Stoxx 600 and Bunds. Consider fading Trump steel tariff news via relative value short US steel names vs Japanese peers. Stay strategic short Swedish Krona vs EUR. We stay constructive on JPY.</li>
<li>
Monday: Markets digest Italy vote/Germany SPD referendum, Trump tariffs on steel. Also: Australia MI CPI…</li>
</ul>

Our guide to this week’s global macro risk events and trading opportunities.

This week in trade ideas: Go strategic long Norwegian Krone vs EUR and Saudi stocks. Stay short Italian stocks and bonds vs Stoxx 600 and Bunds. Consider fading Trump steel tariff news via relative value short US steel names vs Japanese peers. Stay strategic short Swedish Krona vs EUR. We stay constructive on JPY.

Monday: Markets digest Italy vote/Germany SPD referendum, Trump tariffs on steel. Also: Australia MI CPI…


Week Ahead in Global Macro: US NFP, Tariffs, ECB, BOJ, RBA, China NPC/CPI/Trade, BOC, BNM

Our guide to this week’s global macro risk events and trading opportunities.<ul class="">
<li>
This week in trade ideas: Short Italian stocks and bonds on election-related turbulence, under-priced risk scenarios (BTP-Bund, FTSE-MIB vs Stoxx 600). Short EUR-JPY, long EUR-SEK. Stay long SGD-CNH, AUD-NZD, Malaysian equities.
</li>
<li>
Monday: ECB Draghi and VP nominee de Guindos, UK Corbyn</li>
<li>
Tuesday: NZ trade, Korea BOK, German CPI, Barnier Brexit briefing, US durable goods, Fed Powell Day 1</li>
<li>
Wednesday: Japan retails/IP…</li>
</ul>

Our guide to this week’s global macro risk events and trading opportunities.

This week in trade ideas: Short Italian stocks and bonds on election-related turbulence, under-priced risk scenarios (BTP-Bund, FTSE-MIB vs Stoxx 600). Short EUR-JPY, long EUR-SEK. Stay long SGD-CNH, AUD-NZD, Malaysian equities.


Monday: ECB Draghi and VP nominee de Guindos, UK Corbyn

Tuesday: NZ trade, Korea BOK, German CPI, Barnier Brexit briefing, US durable goods, Fed Powell Day 1

Wednesday: Japan retails/IP…


Week Ahead in Global Macro: Powell in Congress, Italian Elections, PMIs, US PCE, Brexit Speech

Economist

Richard Iley

Macroeconomics

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/045/092/original/Screen%20Shot%202018-02-21%20at%203.31.10%20PM.png?1519189381" class="editor-image img-responsive" data-smartkarma-image-id="45092"></figure><div class="content-highlight">Australia's growth model has really been very simple for more than a decade: sell dirt and rocks (specifically iron and coal) to the rest of the world (mostly China). China's twin real estate and infrastructure booms have helped Australia's exports of these two commodities soar to unprecedented heights. As recently as 2004, Australia's exports of coal and iron ore were only AUD30bn. This had risen to nearly AUD140bn by 2014 with around half of the gain coming after the GFC when China's…</div>

Australia's growth model has really been very simple for more than a decade: sell dirt and rocks (specifically iron and coal) to the rest of the world (mostly China). China's twin real estate and infrastructure booms have helped Australia's exports of these two commodities soar to unprecedented heights. As recently as 2004, Australia's exports of coal and iron ore were only AUD30bn. This had risen to nearly AUD140bn by 2014 with around half of the gain coming after the GFC when China's…

Chart of the Day: Dirt & Rocks Vs. Beaches, Books & Beef

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/045/008/original/Screen%20Shot%202018-02-20%20at%205.08.12%20PM.png?1519108734" class="editor-image img-responsive" data-smartkarma-image-id="45008"></figure><div class="content-highlight">
<a href="http://www.abs.gov.au/ausstats/abs@.nsf/mf/3401.0?OpenDocument" target="_blank">Recently released data from the Australian Bureau of Statistics</a> (ABS) show that tourism is continuing to boom 'Down Under' with overall visitor arrivals gaining more than 7% in 2017. Inevitably, China is playing an outsize role with visitors from the mainland continuing to surge with annual growth of c.13%. The extra 163k Chinese tourists arriving last year represented 27% of the total 595k increase in tourists visiting Australia. 
As today's chart shows, Chinese tourist numbers into Australia…
</div>


Recently released data from the Australian Bureau of Statistics (ABS) show that tourism is continuing to boom 'Down Under' with overall visitor arrivals gaining more than 7% in 2017. Inevitably, China is playing an outsize role with visitors from the mainland continuing to surge with annual growth of c.13%. The extra 163k Chinese tourists arriving last year represented 27% of the total 595k increase in tourists visiting Australia. 
As today's chart shows, Chinese tourist numbers into Australia…


Chart of the Day: Smile & Have A Vegemite Sandwich!

Australia

The Australian dollar is the official currency of the Commonwealth of Australia.

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AUD (USDAUD CURNCY)

EUR and AUD Risks Ignored for How Long?

The tariff fallout was surprisingly more towards a weaker USD. While this may reveal still underlying bearishness for the USD, other currencies,...

Greg Gibbs

Week Ahead in Global Macro: US NFP, Tariffs, ECB, BOJ, RBA, China NPC/CPI/Trade, BOC, BNM

Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: Go strategic long Norwegian Krone vs EUR...

Virgil Fernandez Esguerra

Week Ahead in Global Macro: Powell in Congress, Italian Elections, PMIs, US PCE, Brexit Speech

Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: Short Italian stocks and bonds on...

Virgil Fernandez Esguerra

Chart of the Day: Dirt & Rocks Vs. Beaches, Books & Beef

Australia's growth model has really been very simple for more than a decade: sell dirt and rocks (specifically iron and coal) to the rest of the...

Richard Iley

Chart of the Day: Smile & Have A Vegemite Sandwich!

Recently released data from the Australian Bureau of Statistics (ABS) show that tourism is continuing to boom 'Down Under' with overall visitor...

Richard Iley

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)