Archive for December 6th, 2017

Dec 6, 2017 Shanghai Copper Futures down over 3%, Nikeii down 2%

December 6th, 2017

Tonight Australia missed GDP estimates and we continue to see the slowing down of China Liquidity hit the Metals and the Stock exchanges.  Our Future is down (finally) .13% leading into the europe open. The USD is again strong against the pairs except for the Kiwi. Oil is down when API surprised showing a huge build of 5.481 million barrels of United States crude oil inventories, the estimates were for draw down. Bitcoin is now, omg, over 12,000 with most of China Biz being traded in Hong Kong now after the PBoC crack down. Hello, while I am writing this the Yen is pushing up on the USD….Risk Off is our play of the day….finally a really nice down day should be coming.

Dec 2017