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There has been a shift to European markets and the Euro – Here’s what’s at play

Cory
July 17, 2020

With markets and currencies stuck in long term ranges it’s important to assess what will be the next catalyst. An interesting note on money flows recently has been a shift toward European markets and the Euro.

Marc Chandler joins me to outline what has cause this shift to Europe. We also discuss the ranges he is watching for the currencies as well as a comment on the action in gold.

Click here to visit Marc’s free blog – Marc to Market.

Discussion
16 Comments
    Jul 17, 2020 17:39 PM

    I’m beginning to wonder if those PM enthusiasts who follow the common thought popular now that the PMs are going to correct first, before heading higher, might hear the whistle from afar………..having missed their train again! Just sayin’.

      Jul 17, 2020 17:21 PM

      We may go into a correction but it should be limited on the downside—it may even last for a few weeks but there is nothing to worry about. If there is just add some more on those decent stocks that have pulled back further then the rest. i’m watching NG right now which has farther to fall—-I got out of it awhile back and will buy it back when it has bottomed. It’s getting throttled here because of another perpetual article about why they’ll never mine their large deposit—-I’ve seen those articles written in the past.

      Jul 17, 2020 17:28 PM

      They could be blowing smoke SilverDollar and it could be in the shape of a cigar. LOL! DT

      Jul 17, 2020 17:07 PM

      Funny, tonight I just thought of titling my new novel: Fashion Trian FM

        Jul 17, 2020 17:08 PM

        Train

    Jul 17, 2020 17:30 PM

    US Dollar…………at 96………not been there for awhile…. I think….

    Jul 17, 2020 17:12 PM

    The strange actons of gov kemp of GA , while his state is in crisis , is to be noted. He trys to forbid mask wearing , while the mayor of atlanta , tries to save lives. he ties himself too Trumpet even more. meanwhile even texas shows slight edge for Biden. markets are held up by hope of vaccine . Vaccine will come mony months from now , TRump goes away[ not quietly ] all who tie themselfs to him will suffer. love to all rsh

      Jul 17, 2020 17:20 PM

      Russell, I believe you must work for CNN since you just promulgated “fake news”. The governor of Georgia did not “forbid” mask wearing; he just made it optional which in my view is the correct decision.

        Jul 17, 2020 17:11 PM

        Ditto. RH needs to hang on the cross with Jesus Christ for awhile & figure out his priorities

        Jul 18, 2020 18:19 AM

        richard you seem to think Kemp is promoting mask wearing while he is currently starting a lawsuit against the mayor of ATLANTA to stop her from mandating masks is a virus swept city ??? Kemp contridicts himself . As for me being a stooge of CNN , i am a democrat who belives in the DEATH PENALTY , NOT JUST FOR MURDER, BUT FOR REPEAT SEX OFFENDERS . i AM a different type of DEM not a go along with trumpet REPUB . stop drinking bad whisky richard and join the adults in the room best of health and wealth to you all rsh

    Jul 17, 2020 17:31 PM

    Reporter exposes Trump.

    https://youtu.be/EUEW5sc4JaM

    Jul 17, 2020 17:34 PM

    Our good friends the Israelis…the will fight right down to the last American and the last American dollar. Anyway, you boys ready to send your grand kids off to fight for Benny NuttyYahoo?

    Israel keeps blowing up military targets in Iran, hoping to force a confrontation before Trump can be voted out in November, sources say

    https://www.businessinsider.com/israel-hoping-iran-confrontation-before-november-election-sources-2020-7

    Jul 17, 2020 17:58 PM

    Gotta love that DaBlobbio…

    As Violent Crime in NYC Soars, De Blasio Assigns 27 Cops To Protect BLM Mural
    https://www.lewrockwell.com/political-theatre/as-violent-crime-in-nyc-soars-de-blasio-assigns-27-cops-to-protect-blm-mural/

      Jul 17, 2020 17:17 PM

      Yeah, & Big Apple prison population is record low to combat covid. He & AOC could have beautiful corny dogs!

        Jul 18, 2020 18:28 AM

        AS VIOLENT CRIME IN NEW YORK SOARS, DE BLASIO ASSIGNS 27 COPS TO PROTECT ‘BLACK LIVES MATTER’ MURAL
        Police “not happy” about “getting paid to baby sit paint”.

        Paul Joseph Watson – JULY 17, 2020

        Bernard B. Kerik @BernardKerik
        “Just heard that @NYCMayor has 1 & 8 securing the #BlackMindsMatter mural at Trump Tower,” tweeted former police commissioner Bernard Kerik. “That’s one sergeant and eight cops, x 3 tours a day! Violence, shootings, and murder is up in NYC and this clown has three sergeants and 24 cops guarding a mural! If true, #SICKENING.”

        His claim was backed up by Derrick Gibson, who is running for governor of New York. Gibson said that he spoke to cops on the scene who said “they are getting paid to baby sit paint, and not happy about it.”

        https://www.infowars.com/as-violent-crime-in-new-york-soars-de-blasio-assigns-27-cops-to-protect-black-lives-matter-mural/

    Jul 30, 2020 30:59 PM

    What no post form that asshole mattew?