In 2017…Da Vinci’s “Salvator Mundi” sold for staggering record $450mnBitcoin soared 677% from $952 to $7890BoJ and ECB were bull catalysts, buying $2.0tn of financial assetsNumber of global interest rate cuts since Lehman hit: 702Global debt rose to a record $226tn, record 324% of global GDPUS corporates issued record $1.75tn of bondsYield of European HY bonds fell below yield of US TreasuriesAr..
Dollar's Major Test
Dollar's Major Test Recent upward trend has met the downward trend which began early of this yearDollar strength lies with 1)hawkish Fed and 2)tax reform expectationThat said, going forward, above two key variables should determine whether downward trend can be defeatedIf that's the case prepare for a massive unwind of dollar shortsThat's because commitment of trade report shows DXY short and EU..
Bitcoin 단상, 그 이후
- 50일 이평을 터치할 것 같다는 요런 글을 적었던 것이 불과 이틀 전http://macroespresso.tistory.com/66 - 비트 코인이 빠르게 움직인다는 것은 주지의 사실이었으나, 이렇게 빨리 움직일 줄은 몰랐음 - 오늘 50일 이평을 오늘 간략하게 뚫고, 현재 걸쳐 있는데, 단기적 중요 지점으로 보임 - 숏이었다면 여기서 커버 이후 대기 추체선 3,900-3,950 돌파하면 롱 느낌으로, 50일 이평 하회(특히 3,570)하면 숏 느낌으로 접근하는 것이 맞을 듯