Debriefing FRIDAY 30th Dec 2022 and Today’s Journal-First Day of the trading year

Debriefing FRIDAY 30th Dec 2022 and Today’s Journal-First Day of the trading year

January 3, 2023 0 By The Balanced Trader

Links and News

Weekly Analysis Live on YouTube Twitter

Need to know market risk @ FinancialJuice.com

The theme in markets for a significant portion of 2022 was “buy the dollar, sell everything else.” Additionally, as the year came to a close and the possibility of a Fed pivot increased, the tables began to turn.

To start the year off right, however, stocks and bonds are bid today, but this is also leading to a higher dollar as flows take precedence over the dominant narrative that we became so accustomed to last year.

  • Eurostoxx +1.4%
  • Germany DAX +1.3%
  • France CAC 40 +1.2%
  • UK FTSE +2.0%
  • S&P 500 futures +0.9%
  • Nasdaq futures +0.9%
  • Dow futures +0.8%
  • 10-year Treasury yields are down 8.7 bps to 3.745%
  • 10-year German bond yields are down 8.2 bps to 2.357%
  • 10-year Italy bond yields are down 10.5 bps to 4.447%

DATA
08:55 EUR German Unemployment Change (Dec) -13K 15K 15K
08:55 EUR German Unemployment Rate (Dec) 5.5% 5.6% 5.6%
09:30 GBP Manufacturing PMI (Dec) 45.3 44.7 46.5
53 min EUR German CPI (MoM) (Dec) -0.3% -0.5%
53 min EUR German CPI (YoY) (Dec) 9.1% 10.0%
14:45 USD Manufacturing PMI (Dec) 46.2 47.7

Saxony December CPI +8.7% vs +9.9% y/y prior

We only have Manufacturing PMI (Dec) to contend with today.

Tuesdays’ Data

Real Time Economic Calendar provided by Investing.com UK.
Friday’s Profile review AND today’s plan
Fridays PA review

Friday Key Levels and Weekly Review

Fridays EOY and EOM Key Levels and Weekly Review

Update and Monday’s Plan

Opening Bell

0830CT

LIVE Journal

Notable tweets

Quote Of the Day

“A man cannot be convinced against his own convictions, but he can be talked into a state of uncertainty and indecision, which is even worse, for that means that he cannot trade with confidence and comfort.”
― Jesse Livermore,

Trade Well And Prosper.

BT