October 2017 - Page 116 of 215 -

Trump Watch: President To Interview Janet Yellen As Final Decision Nears On Fed Chair

Oct 18, 2017 Jeremy Parkinson Finance 0

U.S. President Donald Trump will interview Janet Yellen this week about potentially reprising her role as Federal Reserve Chair, various media outlets reported on Monday. Janet Yellen became the first woman to head the all-powerful Fed. Her first term is scheduled to end in February. Unlike her predecessor Ben Bernanke, Yellen’s second term is far […]

Sensex Trades On A Volatile Note; Bank Stocks Top Losers

Oct 18, 2017 Jeremy Parkinson Finance 0

After opening the day in red, Share markets in India have traded on a volatile note and are presently trading below the dotted line. Sectoral indices are trading on a mixed note, with stocks in the capital goods sector and stocks in the realty sector witnessing maximum buying interest, while stocks in the banking sector are leading the losses. The BSE Sensex is up by […]

ECB Worried Who Will Buy Government Debt If They Stop?

Oct 18, 2017 Jeremy Parkinson Finance 0

According to RELIABLE sources behind the curtain, the crisis in Spain led to a significant amount of selling Spanish debt to the European Central Bank (ECB) which has meanwhile swelled to 2.3 trillion euros. There are problems now emerging in Italy and the appetite for government debt at low rates is not as strong as being portrayed. […]

UK Wages Rise To 2.2% – GBP/USD Follows

Oct 18, 2017 Jeremy Parkinson Finance 0

Wages are up 2.2% y/y in the UK in August, better than expected and with an upwards revision for July which is now 2.2% instead of 2.1%. Excluding bonuses, wages are up 2.1%, also above 2% predicted. The unemployment rate remains at 4.3% as expected. A small disappointment comes from the Claimant Count Change for […]

U.S. Poverty Rate Declined In 2016

Oct 18, 2017 Jeremy Parkinson Finance 0

While you may not have noticed it in your home state or city, the official poverty rate in the United States has actually managed to recover back to pre-recession levels back in 2016. According to a report from Investopedia, using data from the US Census Bureau, the poverty rate in the United States fell for the second […]

Airbus Takes On Boeing By Striking Deal For Bombardier Ownership Stake

Oct 18, 2017 Jeremy Parkinson Finance 0

Boeing’s battle to crush Bombardier has encountered an unexpected obstacle. Bloomberg reports that Airbus SE has agreed to acquire a majority stake in Bombardier Inc.’s C Series program, which the Commerce Department slapped with a 300% tariff it ruled in Boeing’s favor in a complaint alleging Bombardier had benefited from anti-competitive government subsidies. Under the terms of […]

Your Stake In The $22 Billion Dollar Cannabis Industry

Oct 18, 2017 Jeremy Parkinson Finance 0

Is now the right time to invest in the Cannabis Industry? As of this year, cannabis is legal in 29 states plus the District of Columbia, and the number is rising. The Cannabis Stock Index is up 26.4% month-to-date. ~30,000 new cannabis companies have entered the space this year. There is a noticeable trend here […]

USDCAD Daily Analysis – Wednesday, Oct. 18

Oct 18, 2017 Jeremy Parkinson Finance 0

USDCAD failed to breakout of 1.2598 resistance and stayed in the trading range between 1.2433 and 1.2598. Another fall to test 1.2433 support would likely be seen. A breakdown below this level will indicate that the uptrend from 1.2061 had completed at 1.2598 already, then the following downside movement could bring the price back to […]

WTI Crude Oil And Natural Gas Forecast – Wednesday, Oct. 18

Oct 18, 2017 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market initially fell during the day on Tuesday, reaching towards the $51 level. However, buyers came into the market later in the day, to form a hammer. The hammer suggests that we are going to go higher, and I also recognize that we have seen a bit of […]

EUR/USD Challenges Critical 61.8% Fibonacci Support Zone

Oct 18, 2017 Jeremy Parkinson Finance 0

EUR/USD 4 hour The EUR/USD bounced at the 61.8% Fibonacci level of potential wave B (purple). A break above the resistance trend line (orange) would confirm a bullish breakout within wave C of wave X (pink). A break below the support trend line and 78.6% Fibonacci level makes a bullish ABC less likely and price […]