Brazil’s plunge and what can we learn from it?

This week I would like to write about Brazil and it’s stock market. Most of you are probably aware, that the market opened with a nasty gap down of around -17% on Thursday the 18th of May. I was long EWZ, Brazilian ETF and of course I was down on this position that day. I decided to close my position with no hesitation. Let me write about this position and what can one learn from it.  Nadaljuj z branjem “Brazil’s plunge and what can we learn from it?”

Can Le Pen win & could European equities start outperforming?

Mentioned products: SPX, EuroStoxx, DAX30, CAC40, IBEX35, MIB40, GREK, EURGBP

I would like to dedicate this week’s weekly overview to Europe and French election because it’s quite important event for global political and economic situation and therefore for financial markets as well.

My question this week is, can Le Pen win and what are markets telling us? Nadaljuj z branjem “Can Le Pen win & could European equities start outperforming?”

Real test for US dollar bulls!

In the latest weekly overview I wrote EURUSD is a hot mess. Price action this week confirms the ‘hot mess’ theme. EURUSD contributes the biggest weight in the US dollar index and thus we could say DXY is a hot mess as well.

DXY is trading at an important technical level right now and now is the time for bulls to show if they have any power left to move the price higher! Nadaljuj z branjem “Real test for US dollar bulls!”