The week started and finished with the ongoing geopolitical crisis dominating the global financial markets. The outperformer in the risk assets was clearly the Nasdaq 100 gaining 2.9%. The US Treasury 30 Yr Bond gained 1.2% trailing the S&P 500 1.6% close behind. The US Dollar closed the week flat with 0.0% change. Gold also finished little changed while most other commodities finished weaker led by Natural Gas falling -4.4% followed by Copper and Silver both dropping -2.0%. In the week ahead I will continue to be on the alert for more geopolitical news as well as focus on a busier economic data schedule and events. FOMC minutes will mark the start of the week with the Fed’s focus. Pay special attention to Housing Starts and Building Permits as well as Initial Jobless Claims. Consistent with the past of couple weeks, I will also be monitoring the correlation between the bond and currency markets as a guide for rotation flows and as a leading indicator for risk assets.
Live Trading Rooms and Events:
The Trading Room TradeLAB
Global Trading with Quantitative Technologies
https://www3.gotomeeting.com/register/251465814
Monday through Friday beginning at 7:30 AM ET
RQ trade coaches include Edward Preston, Steve Schwartz and Joe Rios. Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.
Insider’s Quant (IQ) Room
Advanced Concepts with Joe Rios
Monday and Wednesday beginning at 1:30 PM ET
SUBSCRIPTION ONLY
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The Trading Room EDU – Educational Workshop
Covering the Rios Quant Trading Indicators:
Tuesday beginning at 1:00 PM ET
Topic: Trading Stock Futures
https://www3.gotomeeting.com/register/795284510
Presenter: Steve Schwartz
Wednesday beginning at 7:30 PM ET
https://www3.gotomeeting.com/register/806532926
The Next Big Swing with Edward Preston
Thursday beginning at 7:30 PM ET
The RiosQuant 90 Day Training Program – Workshop
Training Session 7 of 12 with Steve Schwartz
https://www3.gotomeeting.com/register/817319910
Topic: Enter the Einstein Trading Zone
Saturday beginning at 11:00 AM ET
Topic: RiosQuant Basics
https://www3.gotomeeting.com/register/779546742
Presenter: Steve Schwartz
MONDAY
Economic Data Release – Market Movers
USD – NAHB Housing Market Index – 10:00 AM ET
USD – Grains / Crop Progress – 4:00 PM ET
AUD – Monetary Policy Meeting Minutes – 9:30 PM ET
Monday
10:00 AM USD NAHB Housing Market Index
4:00 PM Grains Crop Progress
9:30 PM AUD Monetary Policy Meeting Minutes
Tuesday
4:30 AM GBP CPI
8:30 AM USD Building Permits And Housing Starts
8:30 AM USD CPI
7:30 PM AUD RBA Gov. Stevens Speaks
Wednesday
4:30 AM GBP MPC Official Bank Rate Votes
8:30 AM CAD Wholesale Sales
10:30 AM Crude Oil Inventories
2:00 PM USD FOMC Meeting Minutes
9:45 PM CNY HSBC Flash Manufacturing PMI
Thursday
3:00 AM EUR French Flash Manufacturing PMI
3:30 AM EUR German Flash Manufacturing PMI
4:30 AM GBP Retail Sales
8:30 AM USD Unemployment Claims
10:00 AM USD Existing Home Sales And Philly Fed Manufacturing Index
10:30 AM Natural Gas Storage
Friday
8:30 AM CAD Core CPI And Core Retail Sales
10:00 AM USD Fed Chair Yellen Speaks
2:30 PM EUR ECB President Draghi Speaks
