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Fed Unlikely To Surprise Markets This Week

Fed Unlikely To Surprise Markets This Week

Expectations High For Rate Hike Markets do not like surprises. If the Fed raises interest rates at Wednesday’s FOMC meeting, it is not likely to be placed in the unexpected category. From The Financial Times: “Investors are placing a near 100 per cent chance of a Federal Reserve interest rate hike later this month – the […]
GBP/USD Elliott Wave View: Bounce Started

GBP/USD Elliott Wave View: Bounce Started

Last week, GBP/USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair slightly exceeded 123.6 Fibonacci extensions (1.2145) of the first 3 swings lower from 2/2 peak before making a push higher today. With the bounce seen today, it has become clearer that […]
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                        Good Models And Bad Models

EC Good Models And Bad Models

I have recently begun to spend a fair amount of time explaining the difference between a “good model” and a “bad model;” it seemed to me that this was a reasonable topic to put on the blog. The difference between a good model and a bad model isn’t as obvious as it seems. Many people […]
Fed Fever And Crashing Crude In The Ides Of March – MM

Fed Fever And Crashing Crude In The Ides Of March – MM

The rate hike is coming. But what does it mean for markets? We start with the big upcoming event and then continue to the slippery nature of oil prices before previewing other events in the Ides of March. Fed fever: The NFP cemented the rate hike but the US dollar dropped. What happened? Moving forward, can […]
The Next Act In The Play…

The Next Act In The Play…

Good Monday morning and welcome back. To be sure, this week’s meeting of Janet Yellen and her merry band of central bankers will be the focal point for the markets. In case you’ve been sleeping under a rock for the past month, note that the markets are expecting the Fed to raise rates on Wednesday. […]
US Credit Growth Is Decelerating Across A Variety Of Areas

US Credit Growth Is Decelerating Across A Variety Of Areas

This week all eyes will be on the Fed because of its expected interest rate hike and the messaging that will accompany its policy decision. But credit markets should also be focused elsewhere, because credit growth has been decelerating across a wide array of markets for months now. And this trend has not let up […]
Markets Prepare For Fed Hike

Markets Prepare For Fed Hike

■ Feb Nonfarm reports 235K jobs added to U.S. economy, but market expected more ■ Hawkish Draghi comments aid EUR/USD to highest since Feb, at 1.07 ■ Higher bond yields drag S&P500, Dow, NASDAQ to losses ■ Oil prices slide 9.3% weekly on crude buildup A tense trading week ended with upsized volatility on Friday, […]
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                        Is Gold Pricing In A Hawkish Fed ‘Dot Plot Chart’?

E Is Gold Pricing In A Hawkish Fed ‘Dot Plot Chart’?

The Fed’s dot plot chart released in December said the central bank could hike rates three times in 2017. Just three weeks back, no one thought the Fed would hike rates in March. However, the consensus still existed back then that the Fed would hike rates three times in 2017. But most experts believed the […]
Yahoo Names Thomas Mcinerney As CEO Following Close Of Verizon Deal

Yahoo Names Thomas Mcinerney As CEO Following Close Of Verizon Deal

Shares of Yahoo (YHOO) are in focus in early trading after the company unveiled its executive team that will remain after its core assets are sold to Verizon (VZ). EXECUTIVE TEAM: In a regulatory filing this morning, Yahoo said that board member Thomas McInerney will serve as the company’s chief executive officer when the Verizon […]
CAC 40, Gold And The French Elections

CAC 40, Gold And The French Elections

The French elections are less than a month away, and so far, the uncertainty is just increasing by the days, which likely to lead to higher volatility ahead. The recent polls show that the nationalist Marine Le Pen is promising to hold a referendum on taking France out of the Euro. Investors are focusing on […]