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China’s New Leadership, Grand Strategy And Policies

China’s New Leadership, Grand Strategy And Policies

After the 19th Congress, Xi’s China is preparing for a new roadmap domestically and internationally. This is Dr. Dan Steinbock’s in-depth analysis of China’s critical changes that will shape the world economy until 2022 – and beyond. As the 19th National Congress of the Chinese Communist Party (CPC) opened in Beijing, General Secretary Xi Jinping […]
USD Enjoys A Taylor-ed Rally – Updates On 5 Pairs

USD Enjoys A Taylor-ed Rally – Updates On 5 Pairs

The US dollar is on a roll, and not only against the Draghi-dragged euro. The greenback is rising across the board and one of the main reasons is the upcoming nomination of a Fed Chair. We do not have a definite name just yet, but there are reasons to suspect it will be John Taylor. […]
Stock Market Sentiment Surges

Stock Market Sentiment Surges

Funny things can happen when you mix human psychology with greed and constant stimulus. The seemingly straight-line march upward in the S&P500 has triggered a rise in bullish sentiment as a great migration is underway from neutral sentiment to bullish sentiment.  When investors are faced with almost consistently rising stock prices, and the constant news/noise from social […]
German Import Prices Rise To 4-Month High In September

German Import Prices Rise To 4-Month High In September

German import prices climbed faster than expected last month, following the surged in global oil prices. The Import Price Index rose 3 percent year on year in September, up from 2.1 percent in August and better than the 2.6 percent gain expected by most experts. On a monthly basis, import prices climbed 0.9 percent after […]
EUR/USD Bearish Breakout Targets 38.2% Fibonacci At 1.15

EUR/USD Bearish Breakout Targets 38.2% Fibonacci At 1.15

EUR/USD 4 hour The EUR/USD broke below the support trend line and zone (dotted blue) yesterday when the European Central Bank (EBC) president Draghi was announcing the continuation of the Quantitative Easing program. The Euro reacted bearishly and fell against the USD, which invalidated a larger bullish correction and makes a continuation towards the 38.2% […]
USD/CAD Daily Analysis – Friday, October 27

USD/CAD Daily Analysis – Friday, October 27

USD/CAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2450. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.3000 area. Only a clear break below the trend line support could signal completion of the […]
UK GDP Data Cements Expectations Of November Rate Hike

UK GDP Data Cements Expectations Of November Rate Hike

The Bank of England governor, Mark Carney in a speech last week cautioned that inflation in the UK would rise above 3% in the few months. The comments came after earlier in the week, official data showed that consumer prices in the UK rose 3% in the month of September on an annual basis. This […]
Fintrax Group To Acquire Planet Payment

Fintrax Group To Acquire Planet Payment

GALWAY, Ireland and LONG BEACH, N.Y., Oct. 26, 2017 (GLOBE NEWSWIRE) — Fintrax Group, a leader in multi-currency digital payment processing for tourists, and Planet Payment, Inc. (NASDAQ: PLPM), a leading provider of international and multi-currency processing services, today announced that they have entered into a definitive agreement under which Fintrax will acquire Planet Payment for […]
Gilead Q3 Earnings And Revenues Sink

Gilead Q3 Earnings And Revenues Sink

Gilead Sciences, Inc. (GILD – Free Report) just released its third-quarter 2017 financial results, posting earnings of $2.06 per share and revenues of $6.51 billion. Currently, GILD is a Zacks Rank #3 (Hold) and is down over 2.40% to $76 per share in after-hours trading shortly after its earnings report was released. GILD: Missed earnings estimates. The […]
The Euro Fell After The Decision Of The ECB

The Euro Fell After The Decision Of The ECB

During yesterday’s trading, the US dollar appreciated significantly in relation to the majors. The dollar index (#DX) increased by more than 1%. Support was provided by the growth of the US government bond yield and rumors about the new Fed’s chairman. At the moment, the main candidates for the post of the new Central Bank […]