Archives by Month:
- 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:
Does The Rising Price Of Industrial Metals Herald The Beginning Of The Next Commodity Super-Cycle?
Super-cycle theory In a 2012 paper for the United Nations/DESA – Super-cycles of commodity prices since the mid-nineteenth century – Bilge Erten and José Antonio Ocampo review the literature on the theory of Commodity Super-Cycles and go on to suggest that the current cycle began in 1999. Here is an extract from their concluding remarks:- The decomposition […]
In The Wake Of The Storm
DOW + 55 = 21,948 SPX + 14 = 2471 NAS + 60 = 6428 RUT + 13 = 1405 10 Y – .02 = 2.12% OIL – .18 = 47.05 GOLD + 12.70 = 1320.80 Top Cryptocurrencies Name Symbol Market Cap Vol. Total Vol. % Price USD Price BTC Chg. % 1D Chg. […]
S&P 500 And Nasdaq 100 Forecast – Friday, September 1
S&P 500 The S&P 500 rallied during the Thursday session, approaching the 2475 handle. A break above there is significant, and should send this market looking towards the 2500 level. However, today is the Nonfarm Payroll Friday, and that of course has a massive effect on where the market goes next. This is obviously a […]
Weekly Commodities Wrap: Copper Rally Extends Into Fourth Consecutive Week
Copper: Codelco Chairman Warns Against Rally Copper prices rallied for their fourth consecutive week this week, trading back up to levels not seen since mid-2014 and have risen nearly 50% against its price at this same time last year. Reuters reported that weekly stocks of copper in warehouses registered by the Shanghai Futures Exchange […]
Sensex, Nifty Continue To Trade In Green; Auto Stocks Rally
Indian share markets continued to trade in green despite weak economic growth data for the June quarter. Realty stocks, auto stocks and metal stocks witnessed majority of the buying activity. Consumer durables stocks and software stocks were trading in red. The BSE Sensex is trading higher by 133 points and the NSE Nifty is trading higher by 43 points. Meanwhile, the BSE Mid Cap index is trading up by 0.9% & […]
EUR/USD: Markets Await The NFP Report
Previous: On Thursday the 31st of August, trading on the euro/dollar currency pair closed up. After dropping to 1.1823, the euro recovered 82 pips to reach 1.1905. I think that the pressure on the US dollar came more from the loonie than from the mixed US data. The Canadian dollar rose by 1.6% against its US […]
Interpreting The August Employment Report
As I write this on Thursday night, very few people know what the August employment report will show. Only the President, Vice-President, and a few top economists get an advance look on Thursday afternoon. The BLS is in lockdown mode for eight days. Media sources get a look on Friday morning, but are cut off […]
Gold Jumps After Weak Inflation Reading
Gold prices rose $12.06 an ounce on Thursday after the Fed’s preferred inflation gauge remained below its annual target and the latest housing data came in weaker than expected. The Commerce Department reported that consumer prices grew 0.1% in July from a month earlier and 1.4% over the past year. The National Association of Realtors […]
Six Banks Join UBS’s “Utility Coin” Blockchain Project
Here’s a piece of news that the remaining human members of Wall Street’s FX sales and trading desks probably don’t want to hear. According to the Financial Times, six of the world’s largest banks have decided to join a blockchain project called “utility coin” that will allow banks to settle trades in securities denominated in different currencies […]
EUR/USD To Stage Larger Pullback On Strong U.S. NFP Report
A 180K expansion in U.S. Non-Farm Payrolls (NFP) paired a pickup in household earnings may trigger a near-term pullback in EUR/USD as it puts pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy sooner rather than later. Why Is This Event Important: With the U.S. economy approaching full-employment, signs of higher wage […]
