This document discusses trends in international markets, opportunities, and changes in China and Australia. It outlines several problems facing the global economic environment, including US and European debt and trade wars. It also notes several opportunities in China from its continued growth and rising domestic demand and consumption. Finally, it discusses trends in various commodity and asset markets and the need to understand trend behavior to manage investments in the future.

1. MARKET OUTLOOK
International Futures Markets
China, Australia
Daryl Guppy
www.guppytraders.com
Author of
Share Trading, Trend Trading, The 36 Strategies of the
Chinese for Financial Traders, Guppy Trading,
趋势交易大师，图表与交易, 股市投资36计, 市场交易策略

2. Strategic change
1. Change in global
balance
2. Decline of US moral
leadership


3. Problems
1. US debt
2. EuroZone debt
3. Trade wars
f

4. GLOBAL ECONOMIC
ENVIRONMENT
1.Postponing problems in Europe.
2.Yet to happen in the US
k

5. ASSET ADJUSTMENT
Challenge is aligning asset values and fiscal
values
q

6. ASSET REVALUATION

7. SOVEREIGN DEBT
1. Reduced returns on loans
2. Problems spread in Europe
3. Sovereign debt
n

8. NOT WORTH THE PAPER

9. OPPORTUNITIES
1. China growth
2. Domestic demand
3. Rising wages,
4. Rising consumption
5. Government infrastructure
6. New industrial minerals
7. Cheaper resource assets as commodity price
falls z

10. MARKET CHANGES
1. HFT
2. ETF
3. ETCF
4. Dark pools
5. Commodity pricing transparency
w

11. INSTITUTIONAL INDEX
SPECULATION

12. TREND ANALYSIS
1. Increased volatility and long term up
trends
2. Separation of demand and supply from
price trending activity -investment
speculation
3. Effective price discovery
4. Diversity of metal trends
5. Manage the developments of price in the
future
w

13. DOW

14. Shanghai Index

15. Australia index

16. Australia China

17. Australia US

18. US dollar Index

19. OIL

20. COPPER

21. GOLD

22. COAL PRICE

23. ZINC

24. NICKEL

25. METAL MARKETS
1. International metal markets have many different
characteristics
2. Trend behaviour includes psychological behaviour
and supply and demand features
3. Better price discovery in multiple time zone markets
will reduce volatility
4. Manage the future by understanding trend behaviour

26. DISCLAIMER
• Daryl Guppy is not a licensed investment advisor. This seminar is
presented on behalf of Guppytraders.com Pty Ltd, Australia, (ACN
089 941560), Guppytraderscomsg Pte Ltd, Singapore
(200409379K) and Guppytraderscn Rep. Office, China (22219560).
This seminar is an educational tool designed to assist you in your
personal judgment. This seminar is based on my experience of
applying technical analysis to the market and is designed to be used
as a tutorial showing how technical analysis can be applied to a
chart example based on historical sample trading data. This seminar
is a tool to assist you in your personal judgment. It is not designed
to replace your Licensed Financial Consultant or your Stockbroker.
The seminar has been prepared without regard to any particular
person's investment objectives, financial situation and particular
needs because course attendees come from diverse backgrounds,
with diverse objectives and financial situations. All material is
• copyright.