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="">
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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>
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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.
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Monday: ECB Draghi and VP nominee de Guindos, UK Corbyn</li>
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Tuesday: NZ trade, Korea BOK, German CPI, Barnier Brexit briefing, US durable goods, Fed Powell Day 1</li>
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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

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Executive summary: Our guide to this week’s global macro risk events and trading opportunities. 
<ul>
<li>
This week in trade ideas, we are tactically long S&amp;P volatility and short EUR-JPY. On a strategic basis, we are long German DAX and Malaysian equities, while short Brazilian stocks and US Treasuries.</li>
<li>
Monday: Markets will begin the week digesting weekend events in Washington (government shutdown talks), Germany (SPD convention) and possibly Oman (OPEC-Russia meeting).</li>
<li>
Tuesday brings the BOJ meeting and…</li>
</ul>
</div>


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


This week in trade ideas, we are tactically long S&amp;P volatility and short EUR-JPY. On a strategic basis, we are long German DAX and Malaysian equities, while short Brazilian stocks and US Treasuries.

Monday: Markets will begin the week digesting weekend events in Washington (government shutdown talks), Germany (SPD convention) and possibly Oman (OPEC-Russia meeting).

Tuesday brings the BOJ meeting and…



Week Ahead in Global Macro: US Shutdown, Germany SPD, BOJ, ECB, Malaysia BNM, Brazil Lula in Court

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

DXY - USD index is expected to find support at 92.50-70 for a mild bounce sequence as we move closer to the Fed meeting on the 12-13th. DXY bounce resistance comes in at 93.70-94.00 and the fresh short zone for a break below 92.50 to pressure the bigger 92 macro support zone. Asian FX is our top basket to be short the USD which is equity supportive.Given the bear turn just under DXY 93.50 we would be targeting DXY 88 going forward after we hash through a December Fed rate hike. We initiated a…

DXY - USD index is expected to find support at 92.50-70 for a mild bounce sequence as we move closer to the Fed meeting on the 12-13th. DXY bounce resistance comes in at 93.70-94.00 and the fresh short zone for a break below 92.50 to pressure the bigger 92 macro support zone. Asian FX is our top basket to be short the USD which is equity supportive.Given the bear turn just under DXY 93.50 we would be targeting DXY 88 going forward after we hash through a December Fed rate hike. We initiated a…

Fed Meet a Fresh USD Short Opportunity Against Asian FX

DXY - Long DXY (as a Euro hedge) from 93.00 (via UUP) with a stop below 92. Corrective rise targets 95.30/50 with scope to 96.50 stemming from Euro short covering. Immediate pivot lies at 94.20/23 and would induce further USD short covering.Two factors that would see accelerated USD short covering are 1) A spike in yield 2) Equity fallout lending support to the USD particularly against Asian and EM FX.Key pivot points for the USD are: 1) T-Note 125.90 is a key pivot for yield 2) USD/JPY 111 for…

DXY - Long DXY (as a Euro hedge) from 93.00 (via UUP) with a stop below 92. Corrective rise targets 95.30/50 with scope to 96.50 stemming from Euro short covering. Immediate pivot lies at 94.20/23 and would induce further USD short covering.Two factors that would see accelerated USD short covering are 1) A spike in yield 2) Equity fallout lending support to the USD particularly against Asian and EM FX.Key pivot points for the USD are: 1) T-Note 125.90 is a key pivot for yield 2) USD/JPY 111 for…

USD Cover Pressure with Weaker EM FX Linked to Equity Peaks

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EURJPY (EURJPY BGN CURNCY)

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

Week Ahead in Global Macro: US Shutdown, Germany SPD, BOJ, ECB, Malaysia BNM, Brazil Lula in Court

Executive summary: Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas, we are tactically...

Virgil Fernandez Esguerra

Fed Meet a Fresh USD Short Opportunity Against Asian FX

DXY - USD index is expected to find support at 92.50-70 for a mild bounce sequence as we move closer to the Fed meeting on the 12-13th. DXY bounce...

Thomas Schroeder

USD Cover Pressure with Weaker EM FX Linked to Equity Peaks

DXY - Long DXY (as a Euro hedge) from 93.00 (via UUP) with a stop below 92. Corrective rise targets 95.30/50 with scope to 96.50 stemming from Euro...

Thomas Schroeder

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)