April 2017 - Page 100 of 169 -

French Elections Poll Still Show Macron Leading With 23% – EUR/USD Unconvinced

Apr 20, 2017 Jeremy Parkinson Finance 0

Yet another “no change” and “too close to call” daily poll by Opinionway: Macron is first with 23%, Le Pen second with 22% and the next two are Fillon with 20% and Melenchon with 19%. In the second round, Macron holds on to the wide margin of 30 points with 65% to 35%. However, Fillon […]

Sterling Surges On Early Election Announcement

Apr 20, 2017 Jeremy Parkinson Finance 0

Bank Holiday Ends with A Bang The week following a long, holiday weekend in the UK was far from quiet as UK PM Theresa May made a shock announcement that she would be calling an early election on the 8th June. This latest vote will mark the fourth important, public voted for the UK in […]

The Real Story Of China’s Strong First-Quarter Growth

Apr 20, 2017 Jeremy Parkinson Finance 0

After the solid first quarter performance, the central government may be in the unique position to achieve its growth target – even while tightening. In the first quarter, China’s economy grew 6.9 percent; slightly faster than expected and led by strong expansion at factories. What the first quarter data reflects is solid growth in several […]

INDU Elliott Wave View: More Downside

Apr 20, 2017 Jeremy Parkinson Finance 0

Short term Elliott Wave view in INDU (Dow) suggest that instrument is showing 5 swings sequence from 3/03 peak (21018) favoring more downside. From 3/03 peak INDU is following a Double three Elliott wave Structure, where Minor wave W ended at 20579 low and Minor wave X ended at 20887 peak. The index has since broken below the […]

Dollar And Yen Push Lower

Apr 20, 2017 Jeremy Parkinson Finance 0

With the exception of the yen, the US dollar is lower against all the major currencies. US Treasury yields are firm, extending yesterday’s rise a little. This may help keep the dollar straddling JPY109, but unwinding long yen cross positions is helping underpin the other major currencies. The Dollar Index is making a new low for the week […]

ETFs-of-CEFs

Apr 20, 2017 Jeremy Parkinson Finance 0

Closed-end funds (“CEFs”) are different animals from exchange-traded funds (“ETFs”) and traditional mutual funds. CEFs do trade on an exchange, like stocks and ETFs, which leads to some confusion. However, they cannot create and redeem shares in response to changes in demand, and therefore are not ETFs. Investing in CEFs can be potentially lucrative, but […]

Is JP Morgan Taking Silver Out Of SLV?

Apr 20, 2017 Jeremy Parkinson Finance 0

Yesterday I asked this question: What is going on with silver? The question is still open but let me show a probable solution. This year (till April 19) the SLV silver holdings decreased by 15.0 million ounces. However, in the same period JP Morgan has added as many as 19.9 million ounces of silver to its COMEX holdings. Interestingly, all that […]

Oil Bear Or Bull Interesting Times Ahead

Apr 20, 2017 Jeremy Parkinson Finance 0

Greetings to all, after a sell off yesterday in Oil prices we are back to the drawing board to see which scenario is the most probable one. The bullish one looking for 60-70$ or the bearish one looking for new yearly lows towards 40-42$? Here we will look at the levels we focus on for […]

Sentiment And Dollar Stabilize

Apr 20, 2017 Jeremy Parkinson Finance 0

After the GBP storm that was triggered by Theresa May call for early elections, calmness has returned to the market. Yesterday and so far today, there are a few market movements worth mentioning. With the lack of significant data releases scheduled for today, it is very likely that the market will not be very volatile […]

Britain To Go To Polls (Confirmed)

Apr 20, 2017 Jeremy Parkinson Finance 0

Let the games commence. By a resounding majority of 522 to 13 votes, Parliament surpassed the two thirds majority required to allow the PM to call a general election under the fixed parliaments act. Britain will go to the polls on 8th June and will have a rehearsal on 4th May in the shape of […]