Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Dollar Slips Broadly But Not Deeply
The US dollar’s upside momentum eased yesterday in North America, and follow-through selling was seen in Asia and the European morning. The dollar is lower against nearly all the major and emerging market currencies. The yen is the chief exception, and only barely, as the greenback straddles the JPY104 area. Last week’s US retail sales and yesterday’s industrial […]
EUR: How To Trade A ‘Quite Dovish’ Draghi This Week? – BofA Merrill
The ECB convenes once again, and this time we could get some hints about action in December. Will the ECB expand or taper QE? Here is the preview from Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: Our base case is that the ECB will confirm that tapering “has not been […]
Gold Rises As U.S. Data Weaken Dollar
Gold prices ended Monday’s session up 0.27%, or $3.34, to settle at $1255.20 an ounce as the dollar weakened after industrial production and Empire State PMI data fell short of market forecasts. The XAU/USD pair has been bouncing roughly between the $1263 and $1249 levels for some time now and the pattern on the daily […]
How Well Off Are Typical Americans Today?
How well off are typical Americans today? That’s a difficult question to answer using conventional economic statistics like GDP, because over time, GDP has become an increasingly less representative measure of the quality of life that Americans enjoy. That discrepancy hasn’t gone unnoticed, as 61% of the respondents to a survey at Debate.org to the question “Is GDP growth a good […]
Assets To Watch This Week -10/17/2016
PM Theresa May Likely to Push for Single-Market Access in Brexit Deal Discussions around the June 23 Brexit have anything but subsided. The UK faces a dilemma: How to maintain single-market access without remaining part of the European Union? Brexiteers are more concerned with the UK managing its borders than anything else, and this is […]
NZD Soars On Strong Inflation, AUD Jumps On RBA Minutes
Stronger Than Expected NZ 3Q Inflation The release of 3Q Inflation data for New Zealand surprised markets last night with a stronger than expected print of 0.2% QoQ vs. 0% expected. Rate cut expectations continued to build ahead of the meeting with rates markets pricing around an 85% chance of the RBNZ easing at their […]
Dollar Drops From 7 Month Highs, Volatility To Pick Up From Today
Today inflation data for September is due out In the US and UK, where the trend is upwards in the short run for the US inflation and more stable for the UK economy. Yesterday, US economic data was weak, something that weakened also the Dollar and benefited especially commodity currencies. The week ahead is packed with important […]
Diamonds Are Forever, But Bonds Are A Girl’s Best Friend
Since Greenspan’s intervention in 1987, it is “Bonds, Long Bonds” that have been a girl (investor’s) best friend… even though diamonds may be forever. For almost 40 years, US government bonds and diamonds traded at around the same ‘price’. All that changed in the late-80s as Greenspan ‘saved the world’. The question is – as BofA’s […]
WTI Crude Oil And Natural Gas Forecast For October 18, 2016
WTI Crude Oil The WTI Crude Oil market went back and forth during the course of the session on Monday, showing a proclivity to bounce around the $50 level. At this point in time I believe that the markets will continue to go sideways overall, and with that being the case I feel that it’s […]
You Will Never Earn A Decent Yield On Retail Money Market Funds Ever Again
This past Friday, October 14th, commenced federally mandated rules on money market funds – what we typically think of as cash in our investment accounts – and marked the end of the era of prime money market funds. Money market funds first came about in 1971 at a time when banks were prohibited from paying an interest rate on […]
