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The Chinese Bank Bailout Begins

The Chinese Bank Bailout Begins

For some time I have been going on about the huge amount of non performing bank loans (NPL’s) in the Chinese banking system link1. The Chinese response to the 2008-2009 global financial meltdown was to go on an unprecedented public spending binge. The aim was simple to keep up employment and economic growth so as to […]
Oil Rebounds After IEA Says Price “Bottomed” As Goldman Warns Of “Sharply Lower” Prices As Storage Fills

Oil Rebounds After IEA Says Price “Bottomed” As Goldman Warns Of “Sharply Lower” Prices As Storage Fills

In its latest monthly market report released early on Friday, the International Energy Agency forecast that oil prices may have bottomed as shrinking supplies outside OPEC and disruptions inside the group erode the global surplus. This comes just one month after it had a far gloomier assessment of oil prices, warned on excess supply, and asked if […]
EUR/USD And GBP/USD Forecast For March 11, 2016

EUR/USD And GBP/USD Forecast For March 11, 2016

EUR/USD The EUR/USD pair initially fell during the course of the day on Thursday, testing the 1.08 level below. That was an area that offered quite a bit of support, and quite frankly it has been in the past. The European Central Bank had an interest-rate announcement as well as the monetary policy statement coming […]
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                        New Measures Taken By ECB

E New Measures Taken By ECB

On Wednesday, the Canadian bulls grew stronger sending the USD/CAD pair into fresh lows around the 1.3230 handle. The sentiment was fueled by Bank of Canada’s decision to leave the overnight rate target unchanged at 0.5% – in line with expectations: the Bank rate is set at 0.75%, while the deposit rate at 0.25%. BoC […]
Bet On Bull Market With These Strong Momentum Stocks

Bet On Bull Market With These Strong Momentum Stocks

Global headwinds such as growth issues in China, crashing commodity prices and volatile oil prices had kept international markets at its toes for a while. With China and oil playing foul, global growth prospects remained clouded, dampening investors’ confidence. This was evident from the massive sell-off in the early part of this year. Moreover, the […]
ECB Surprise From Draghi

ECB Surprise From Draghi

Yesterday’s Trading: On Thursday Draghi made the headlines. No central bank governor shifts the price like he can. The ECB decision and Draghi’s speech shot volatility on the euro/dollar up 3%. The same happened on 3rdDecember, 2015 when the EUR/USD rose 450 points to 1.0980 after an ECB meeting. Market volatility in December rose for […]
Dollar Recovers Against The Euro And Yen

Dollar Recovers Against The Euro And Yen

The euro is paring the recovery that began in the middle of the ECB’s press conference yesterday. The markets had reacted as one intuitively would expected to broad easing of interest rates and credit conditions.   The market reversed, and violently so, only after Draghi seemed to rule out further interest rate cuts. Many investors took this […]
What We Know About Draghi’s Coming Corporate Bond Purchases: The Winners And Losers

What We Know About Draghi’s Coming Corporate Bond Purchases: The Winners And Losers

In our snap assessment of the ECB’s decision yesterday, we highlighted some of the key highlights: the most important part of Draghi’s monetary expansion was the inclusion of investment grade non-fin European corporate bonds, a necessary precondition to expanding QE by €20BN due to the scarcity of treasury collateral; the total €1.6 trillion universe of eligible […]
EU Bullet Report | EUR And Gold Skyrocket After ECB

EU Bullet Report | EUR And Gold Skyrocket After ECB

Overnight, U.S. stocks were mixed on a volatile, choppy day of trading as European Central Bank president Mario Draghi spooked global markets by vowing not to reduce rates any further after its Governing Council approved a wide range of stimulus measures on Thursday. The move saw the EUR reverse earlier losses in a dramatic and brutal fashion […]
5 Stocks To Gain From Medical Device Excise Tax Exemption

5 Stocks To Gain From Medical Device Excise Tax Exemption

“The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.” – Seth Klarman Indeed, ahead of the race to the 2016 U.S. Presidential election, the investment scenario in the country looks rather tense. Investors are becoming more skeptic by the day as speculations fill […]