GOLD SAFE HAVEN? JPY SAFE HAVEN? WHAT IS WHAT FOR THURSDAY?

THE STRONG EURO The strong euro, a near-term end to the European Central Bank’s quantitative-easing program and an uncertain election outcome are spelling challenges for Italy in 2018, according to research by HSBC on Monday. Read More @ https://www.marketwatch.com/story/the-strong-euro-is-just-a-quarter-of-the-battle-for-italy-in-2018-2017-11-13?siteid=rss&rss=1

GBP GAP DOWN, USD UNDER STRESS; WHAT IS WHAT FOR TUESDAY?

UK PREPARES FOR INFLATION One of the UK’s largest dairy producers has warned that a badly handled Brexitcould lead to price hikes for food, and scarcity in the shops from April 2019, with dairy and meat products particularly hit. Gabriel D’Arcy, the chief executive of...

GOLD DOWN AND OIL IS HEADING NORTH; WHAT IS AD CHART SAYING?

OIL TROUBLE IS JUST STARTING KHOBAR, Saudi Arabia (Reuters) – Bahrain said an explosion which caused a fire at its main oil pipeline on Friday was caused by “terrorist” sabotage, linking the unprecedented attack to its arch-foe Iran, which denies any role in the...

THERESA MAY IN THE BOILING WATER; WHAT IS WHAT FOR MONDAY?

EXPECT GAP DOWN ON GBP PAIRS ON MONDAY That is eight short of the number needed to trigger a party leadership contest, the mechanism through which May could be forced from office and replaced by another Conservative. May has been struggling to maintain her authority...

BITCOIN CRAZE, RBA WATCHING CLOSELY; WHAT IS WHAT FOR FRIDAY?

Bitcoin prices have been surging, sending its market cap past a $100 billion as more people are becoming believers in the value of this cryptocurrency. When asked about bitcoin, Secretary of the Treasury Steven Mnuchin said he is primarily concerned about its use for illicit purposes. “It’s...