Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
The Specialist Lending Renaissance - 22nd Jan 19
The 5 Rules of Real Estate Investment - 22nd Jan 19
Semiconductor Sector – Watch the Early Bird in 2019 - 21st Jan 19
From ASEAN Economic Development to Militarization - 21st Jan 19
Will China Surprise The Us Stock Market? - 21st Jan 19
Tips to Keep Your Finances Healthy in 2019 and Beyond - 21st Jan 19
Tips for Writing Assignment in Hurry - 21st Jan 19
UK House Prices, Immigration, and Population Growth Mega Trend Forecast - 21st Jan 19
REMAIN Parliament to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 21st Jan 19
Pay Attention To The Russell Stocks Index and Financial Sectors - 20th Jan 19
Hyperinflation - Zimbabwe's Monetary Death Spiral - 20th Jan 19
Stock Market Counter-trend Extends - 20th Jan 19
The News About Fake News Is Fake - 20th Jan 19
Stock Market Bull Trap? January 22 Top Likely - 19th Jan 19
After the Crash, the Stock Market Made a V-shaped Recovery. What’s Next - 19th Jan 19
David Morgan: Expect Stagflation and Silver Outperformance in 2019 - 19th Jan 19
Why Brampton Manor Academy State School 41 Oxbridge Offers is Nothing to Celebrate! - 19th Jan 19
REMAIN Parliament Prepares to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 19th Jan 19
Gold Surges on Stock Selloff - 18th Jan 19
Crude Oil Price Will Find Strong Resistance Between $52~55 - 18th Jan 19
Stock Market’s Medium Term is No Longer Bullish. It is Now Mixed - 18th Jan 19
SPX and Gold; Pivotal Points at Hand - 18th Jan 19
Fable Media Launches New GoWin Online Casino Affiliate Site in UK - 18th Jan 19
The End of Apple! - 18th Jan 19
Debt, Division, Dysfunction, and the March to National Bankruptcy - 18th Jan 19
Creating the Best Office Space - 18th Jan 19
S&P 500 at Resistance Level, Downward Correction Ahead? - 17th Jan 19
Mauldin: My 2019 Economic Outlook - 17th Jan 19
Macro Could Weaken After US Government Shutdown. What This Means for Stocks - 17th Jan 19
US Stock Market Indexes Reaches Fibonacci Target Zone – Where to Next? - 17th Jan 19
How 2018 Was For The UK Casino Industry - 17th Jan 19
Gold Price – US$700 Or US$7000? - 16th Jan 19
Commodities Are the Right Story for 2019 - 16th Jan 19
Bitcoin Price Wavers - 15th Jan 19
History Shows That “Disruptor Stocks” Will Make You the Most Money in a Bear Market - 15th Jan 19
What Will the Stock Market Do Around Earnings Season - 15th Jan 19
2018-2019 Pop Goes The Debt Bubble - 15th Jan 19
Are Global Stock Markets About To Rally 10 Percent? - 15th Jan 19
Here's something to make you money in 2019 - 15th Jan 19
Theresa May to Lose by Over 200 Votes as Remain MP's Plot Subverting Brexit - 15th Jan 19
Europe is Burning - 14th Jan 19
S&P 500 Bounces Off 2,600, Downward Reversal? - 14th Jan 19
Gold A Rally or a Bull Market? - 14th Jan 19
Gold Stocks, Dollar and Oil Cycle Moves to Profit from in 2019 - 14th Jan 19
How To Profit From The Death Of Las Vegas - 14th Jan 19
Real Reason for Land Rover Crisis is Poor Quality of Build - 14th Jan 19
Stock Market Looking Toppy! - 13th Jan 19
Liquidity, Money Supply, and Insolvency - 13th Jan 19
Top Ten Trends Lead to Gold Price - 13th Jan 19
Silver: A Long Term Perspective - 13th Jan 19
Trump's Impeachment? Watch the Stock Market - 12th Jan 19
Big Silver Move Foreshadowed as Industrial Panic Looms - 12th Jan 19
Gold GDXJ Upside Bests GDX - 12th Jan 19
Devastating Investment Losses Are Coming: What Is Your Advisor Doing About It? - 12th Jan 19
Things to do Before Choosing the Right Credit Card - 12th Jan 19
Japanese Yen Outlook In 2019 - 11th Jan 19
Yield curve suggests that US Recession is near: Trading Setups - 11th Jan 19

Market Oracle FREE Newsletter

UK House Prices, Immigration, and Population Growth Trend Forecast

China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen

Economics / Global Economy Jan 04, 2019 - 04:09 PM GMT

By: FXCOT

Economics

We had noted of the coming storm in equity markets worldwide in our research to clients. A part of that research can be found herE: The coming storm . Also here: We did say. We also had noted of the fall in USDJPY rom 113 to 110 levels. But the pair fell even more and wiping away billions in retail margins.

We do suggest to forex traders to keep us boookmarked and also follow us on twitter. You can also register to be updated of important research we send so you are not caught on the wrong side of the market.

We run a highly successful forex trade copier. It is has made over +130% return in 2018. It has been running since 2010 and has made over 100% return every single year since 2010.


Apple issued a downgrade in sales guidance voicing concerns about Chinaese growth numbers. We take a look at the situation. Chinese Economy Slowdown

Auto sales saw their steepest drop in nearly seven years in November—the fifth straight monthly decline. The slump sets the world’s largest auto market on track for the first annual sales drop since 1990.

China’s economy slowed to the weakest pace in nearly a decade in the third quarter and is expected to slow further in the coming year. Economists expect gross domestic product to fall to 6.4% in the fourth quarter, down a tick from third-quarter growth of 6.5%.

Earnings at Chinese industrial companies fell in November for the first time in nearly three years on the back of slackening demand. Industrial profits registered double-digit growth in 2017, but have been cooling since May last year, hit by subdued factory price gains and slower sales.

China’s key manufacturing sector contracted in December, ending about two years of expansion, with official and private gauges slipping amid sagging demand. The downbeat PMI readings suggest China’s economic growth likely decelerated further in the final quarter of 2018 and the slowdown is expected to continue this year.

The chinese property sales have continuously plummeted. The govertnment is weighing easing measures however it could be a case of too little too late.

Retail-sales growth—which has been fairly resilient during previous slowdowns—dropped to its lowest level in more than 15 years in November. And the government’s efforts to cut personal income tax has failed to lift spending.

Consumption-tax revenue fell 61.6% from a year earlier and then dropped 71.2% in November. Consumption tax in China is imposed on luxury goods such as high-end cosmetics and jewelry, and items deemed environmentally unfriendly, like cars and gasoline. Rich consumers are backing away which is a terrible sign for the economy.

No matter which way data is sliced, the Chinese economy is imploding.

China: Painful fall

The Shanghai stock index has been falling since mid 2018. It has fallen more than 30% in less than 1 year.

India: Waiting for the crash

We see the most rewarding shorts to be had in Indian markets. India is overpriced by magnitude of at least 20%. Much of the market is supported by public banks and institutions. But a forceful move under key support will see a crash of over 20%. We see the Nifty index to hit 8500 before May 2019. Earning data has been lagging. There is a drying of fund flow for new projects and the govt -RBI spat has not yet been priced in.

US Dollar

We see a forceful rally in US dollar in 2019. The move will propel the dollar above 100 possibly before June 2019. However, we also see the US dollar post the rally to fall to 80 as the FED WILL be forced to cut rates again and possibly into negative territory in a hurry. We do not see any rate hikes in 2019. The worsening global economy will have a debilitating impact on US economy and will see job losses and consumer spending falling. Things are about to get a lot worse for US markets and economy.

USDCHF

USDCHF has been consolidating at 9850 and the fall from 1.0050 has been arrested. It does seem there is a strong upleg left on USDCHF before it falls back to 9500.

USDJPY

The bellweather of risk sentiment in the world has toppled over below 110.Many margin accounts has been wiped cleaned.

S&P500

We have had multiple reports been published about the impending move in S&P500 to 2400. It has now come to pass. We see more and severe pain to follow. Dollar to surge and yen to rally. Things are about to get painful until mid of 2019.

TRADE COPIER: 2019 STARTS STRONG

As you can see above the trade copier returned over 130% return. It made $14000 on an account of $10000. The above results are for EURUSD, GBPUSD. It also trades USDJPY and the returns of USDJPY will increase performance even more but majority clients have traded EURUSD and GBPUSD on fxcot in 2018.

The 2018 saw the copier making more than +130% return. If you started with 20,000 $, then your capital currently is near $44000. One of the most profitable trading systems in the world. It took a few trades even in 2018. Here they are.

Probably this is the only system that even took advantage of the flash crash on 2 Jan.

See as the USDJPY flash crash was happening, the fxcot trading system was making money having shorted USDJPY at 107.8 and closing at 106.89.

If you would like to connect your MT4 and copy our trades, please contact us or send us a email at teamcot@fxcot.com

Teamcot

FXCOT is Investment Management firm specializing in futures and forex trading. We run a high return trading system for our premier clients. The trading systems uses four different strategies to take advantage of various market conditions. We also send daily trade setups and economic commentary.

© 2018 Copyright FXCOT - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules