Tag Archives: carlo besenius

05Jun/14

060514 – CGI Morning Market Commentary: USD/EUR, Euro rates

060514 CGI Morning Market Commentary Buy Euro, Sell US$, Buy Bonds, Sell select equities’ indices into period of seasonal weakness

Global Strategist Carlo Besenius looks at the Euro/$USD rate in light of the recent moves by the ECB to lower rates, and the dynamics of the US trade deficit. We keep our year end forecast of $1.42.  Equity indices are entering their period of seasonal weakness.

02Jun/14

060214 – CGI Global Markets Commentary and Weekly Charts

060214 CGI Morning Market Commentary & Weekly Charts Buy 10 Y treasuries, Sell equities in US and UK,

Carlo Besenius explains his current views on the global markets. Equity markets are entering a period of increased volatility during the summer months, as investors reduce exposure in favor of bonds. The compression of yields is a global phenomenon. Expect to see further compression of European periphery yields in the coming months