Where is ashraf laidi from

A US holiday will close the bond market today Thursday. Gold is having its 2nd biggest percentage weekly gain of the year, while DXY hits month highs. P remium Insights members got a new trade yesterday. Here is the last gold chart Ashraf gave yesterday to the WBG when it reached One of the great puzzles in markets at the moment is the ongoing drop in inflation-adjusted bond yields and how it points to trouble ahead.

The trade has the potential to blow up and reverberate through markets. US CPI is due up next more on it below. Nov Click To Enlarge. Nov 11, The Fed spent the past week pushing back on inflationary concerns and rate hike expectations but a sizzling CPI report might have flipped the script.

Read More Open: Close: Hi: Lo:. His specialty in synthesizing commodities, with risk appetite, market sentiment and Fed policy has won him numerous plaudits. His currency predictions placed him at the top of the 12 and 1-month ranking of FXWeeks currency forecasts and at the top of Reuters monthly Foreign Exchange Poll.

Ultimately, the world has the best kind of problem right -- not too much demand. That's the crux of post-covid supply chain problems and the inflation threat. It's been a long time since developed markets have faced an economy that's simply too hot and it's worth remembering that the solutions are relatively simple, but with one big risk.

Below is the correlation chart between DXY and gold, highlighting the cycles when both strengthen in tandem. Before Ashraf sheds more detail on it next week, try to distinguish each of those 3 rare cycles on the chart.

But for now, Ashraf urges you to re-read the Gold Comex net long charts and what today's latest release may mean. Comments Showing latest 0 of 0 View All Comments. Report Reply. About The Website AshrafLaidi. Gold vs DXY - Unusual but not Impossible Ultimately, the world has the best kind of problem right -- not too much demand. Click To Enlarge. Latest Hot-Chart - Nov