Ashraf Laidi

Keep informed with the expert opinion of City Index’s Chief Global Strategist, Ashraf Laidi. Gain access to his in depth knowledge of the FX markets, macro economics and central bank policies. This page will be updated multiple times throughout the week.

VIX Index Looking at Next Top

May 24, 2013 7:30 pm by

As the Nikkei loses 7% in a single session and the FTSE-100 posts its first 2.1% daily decline in exactly one year, questions abound about [...]

US Dollar Index: Where to & How?

May 16, 2013 5:30 pm by

Recent rallies in Non-USD currencies resulting from poor US data have not lasted long. And those rallies resulting from strong US figures via the indirect [...]

Germany Escapes Recession

May 15, 2013 6:40 pm by

You’ve read all about the market story, now comes the macro story. The preliminary Q1 GDP figures from the Eurozone give reason of concern. France [...]

S&P500 Trend & Breadth Analysis

May 13, 2013 8:28 pm by

93% of shares in the S&P500 index are trading above their 200-day moving averages a level not seen since May 2011. The indicator (200-DMA participation) [...]

Yen & Gold Sink in Sync

May 10, 2013 5:00 pm by

The combination of: i) rampant monetary easing; ii) passive currency depreciations and; iii) disinflationary economic data and; iv) soaring equities has produced the perfect storm [...]

Triple Positives in US Jobs

May 3, 2013 2:40 pm by

A rare triple positive in US jobs report; strong NFP; strong upward revisions; lowest unemployment rate since December 2008 underlines the improving situation in US [...]

ECB Drops Spread to 2008 Lows

May 2, 2013 3:30 pm by

The ECB slashes the lending-deposit rates spread to the lowest level since 2008 as an effort to lift emergency lending Today’s dual rate cuts (-25 [...]