March 2017 - Page 74 of 111 -

ECB Leaves Rates Unchanged – On To The Draghi Drag

Mar 09, 2017 Jeremy Parkinson Finance 0

The European Central Bank left its interest rates unchanged as expected. The main lending rate stands at 0% and the deposit rate at -0.40%. The QE program continues as planned: 80€ billion / per month through this month and 60€ billion per month from April and until the end of the year. The focus now shifts […]

Bull Market Has More Room To Run

Mar 09, 2017 Jeremy Parkinson Finance 0

The bull market has a lot more room to run. With the Trump Administration and GOP Congress deconstructing investment-killing business regulations and aiming to cut taxes, the economy is poised to grow faster, and new technologies will support higher valuations over the next several years Supporting prospects for bigger profits, the energy and manufacturing sectors […]

Preview For ECB Rate Decision And Setups In EUR-Crosses

Mar 09, 2017 Jeremy Parkinson Finance 0

Video length: 00:08:01 While the ECB will be released new staff economic projections (SEPs) due on Thursday, the scope for the ECB to act at this meeting, one way or the other, seems very limited. Primarily, this is due to upcoming political risk, with Dutch elections next Wednesday, and French presidential elections in April and […]

EC Is A Rate Hike Certain After ADP’s Strong US Employment Report?

Mar 09, 2017 Jeremy Parkinson Finance 0

There are no guarantees when predicting Federal Reserve monetary policy decisions. But yesterday’s surprisingly strong increase in US private payrolls in February by ADP’s reckoning gives the hawks a potent new data point to make the case for squeezing monetary policy at next week’s FOMC meeting. A quick review of Wednesday’s news: the crowd was looking for […]

USD/JPY Higher After Upbeat Labor Data

Mar 09, 2017 Jeremy Parkinson Finance 0

The USD/JPY struck a 3-week peak and the greenback is poised to record a 4th consecutive day of gains after ADP data released yesterday beat all expectations. Often viewed as a “gauge” for Friday’s critical non-farms labor report, yesterday’s release showed that 298,000 new private sector jobs were added to the US economy, against expectations […]

Crude Plunges Below $49, Dragging Markets Lower; All Eyes On Draghi

Mar 09, 2017 Jeremy Parkinson Finance 0

While traders will be focused on the ECB, and Mario Draghi, early Thursday, it is unlikely that the European central bank will announce anything overly dramatic (see preview in a subsequent post), and instead the attention will be on the ECB’s inflation forecast for hints of when the ECB may accelerate tapering after its December […]

Pre-ECB Squaring Lifts Euro In A Strong USD Context

Mar 09, 2017 Jeremy Parkinson Finance 0

The euro tested the lower of its range near $1.05 in Asia before short covering in Europe lifted back toward yesterday’s highs near $1.0575. However, buoyed by the upside surprise in the ADP estimate of private sector jobs growth, the dollar is firmer against most other currencies today. The US 10-year yield is up 20 bp […]

Sensex Closes Flat Ahead Of Exit Polls; Maruti Suzuki Finishes Strong

Mar 09, 2017 Jeremy Parkinson Finance 0

Share markets in India remained subdued in the afternoon session and finished flat as caution prevailed ahead of UP state elections. At the closing bell, the BSE Sensex stood higher by 27 points, while the NSE Nifty finished up by 3 points. Currently, the NIFTY-50 is trading at a price to earnings ratio of 23.2 times. The valuations look very […]

Intro Guide To The Russell Global Equity S Fund (RGESX)

Mar 09, 2017 Jeremy Parkinson Finance 0

Russell Global Equity S (RGESX – Free Report) a Zacks Rank #2 (Buy) invests principally in equity securities, including common stocks and preferred stocks, of companies economically tied to a number of countries around the world, including the U.S., and in depository receipts, in a globally diversified manner. This Global – Equity fund, as of the last […]

AkzoNobel Rejects Unsolicited Takeover Proposal From PPG Industries

Mar 09, 2017 Jeremy Parkinson Finance 0

AkzoNobel (AKZOY) said overnight that it rejected an “unsolicited, non-binding and conditional proposal” from PPG Industries (PPG) for all of the issued and outstanding ordinary shares in the capital of AkzoNobel. PPG’s proposal “substantially undervalues AkzoNobel and is not in the interest of its stakeholders, including its shareholders, customers and employees,” the company said. AkzoNobel […]