Market is a ( range of) mountians.
Personally, I like Trump very much and I predicted his winning.
He is the man, like Putin, not a pussy.
See that date, 2017-03-13. I can't believe it's 2 months ago, can you?
I suggest selling gold/Renminibi also USD/CNY JPY/CNY collect all your cash ready to invest A shares.
I suggest traders be prepared for this condition where NO circulation will be provided for banks and for brokers to execute trader's stop losses.
Consider an potential EURO huge impulse to 1.20 will drag down DXY and will drag down gold from SNB's weakening CHF possibility is becoming higher. The second black swan could happen but inverted the Jan. 2015 sequence.
DXY impulse down in this simulation.
Hold your cash and buy some sort of short term monthly bank interests notes. Be careful guys, the PBOC could be making huge mistakes. I'm a little worried about China politics stable now...
After reviewing the "Shibor", I guess that there's a 3 months expire period among those commercial banks. That's why the PBOC money policy is always lagging. Also the PBOC lost 10 year bunds future market control or saying there's a system bug between "zhengjianhui" and the PBOC as a administration absence in China bunds future market.
Very bullish for the core inflation and the A shares.
For Chinese traders, please look at the FIRST hike of US dollar for more clues.
1, The India invaded China claimed territory, China lost currency war in 2015, it's time to test the army in a real war soon. (This may not end well for India)
2, The THAAD system was fully deployed in July in South Korea, any of the North Korea missile launching could be defeated by it, inevitably.
3, Renminbi may hike soon, there's no winning odd for the US dollar hike match the Yuan hike. The China PBOC did it wrongly in 2015, now they may realize it.
Watch out! Iceberg ahead!
I quoted Mr. Ren Zeping: "There will be four stages of a new cycle understanding for Chinese analysts, kan bu jian, kan bu qi, kan bu dong, lai bu ji."
A Renminbi's small rates cut on Nov. 2017 is predicted today, there might be a second cut on Dec. 2017, then a flat and a pegging with US dollar. Bullish signal for China stocks market in 20 months but chose your sectors wisely ( chuangye sector may be the best one).
This's the newest prediction which will meet the 6.83 plat form and an USDCNY pegging for 20 months for sharing the same inflation with the USA (will be lower after 20 months pegging).
President Trump prefers regularity and force, this is what he wants and also fulfills the China new dictator's growing appetites... ugly than Trump.
May dip, then rises.
We wish investors have good luck!
Some forex pairs, like USDCNY could drop because of PBOC don't want to hike, they will use US dollar Vs. Chinese Renminbi rates fro controlling the China inflation. This will be a disaster, an huge mistake like negative interests.
Let's look our history on chart. The gold rose from 600 to 1900, it's 300% rising. USDCNY can't afford from 8.0 to drop to 2.666, a 300% appreciation, will destroy China output trades. The Chinese Renminbi has to hike for control it.