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Commodity Corn Technical Analysis: Wait And See

Commodity Corn Technical Analysis: Wait And See

In the 1960s, the global population was about 3 billion people. During this time, industrialization was catching up in countries in Europe and Asia. At the same time, European countries were working towards expanding their empires in Africa. Fast forward to today. The global population has surged to more than 7 billion people. This increase […]
BTC/USD And BTC/JPY Forecast – Wednesday, Jan 24

BTC/USD And BTC/JPY Forecast – Wednesday, Jan 24

BTC/USD Bitcoin fell initially during the trading session on Tuesday but found the $10,000 level to be supportive. However, even though we formed a hammer on the daily candle, there is still a significant lack of volume. It is because of this that I feel any rally at this point will probably fail to stick. […]
Rising Profitability In Emerging Asia

Rising Profitability In Emerging Asia

Bottom-up aggregation of 16,200 non-financial companies in the World Margin recovery in Emerging Asia could still rise further Some risk of falling margins in Emerging Europe
EURUSD: Euro Has Hit A New One-year High

EURUSD: Euro Has Hit A New One-year High

Previous: On Tuesday the 23rd of January, trading on the euro/dollar pair closed up. The end of the US government shutdown wasn’t enough to take the dollar back into positive territory. The greenback came under pressure during the US session after a drop in US bond yields. Experts believe that the dollar’s decline is down to […]
Crude Oil Prices At Risk If EIA Inventory Data Echoes API Estimate

Crude Oil Prices At Risk If EIA Inventory Data Echoes API Estimate

Crude oil prices enjoyed a recovery in risk appetite yesterday, with the cycle-sensitive commodity tracking stock prices upward in North American trade. The WTI benchmark trimmed some of its gains late into the day after API said US crude inventories added 4.76 million barrels last week. Gasoline storage reportedly swelled by 4.12 million barrels over the same period. […]
Sensex Trades On A Volatile Note; Airtel, Idea Down By 5%

Sensex Trades On A Volatile Note; Airtel, Idea Down By 5%

After opening the day in the green, share markets in India witnessed choppy trading activity and are presently trading above the dotted line. Sectoral indices are trading on a mixed note, with stocks in the IT sector and stocks in the pharma sector witnessing maximum buying interest. While stocks in the consumer durables sector are leading the losses. The BSE Sensex is trading up […]
Dollar Tumbles Even Lower As Mnuchin Endorses Weak Dollar

Dollar Tumbles Even Lower As Mnuchin Endorses Weak Dollar

US Treasury Secretary Steven Mnuchin says that a weaker dollar is ¨good for the US”. This is very different from the “strong dollar policy” that his predecessors from both parties traditionally had over many decades. The US dollar is falling against all currencies, extending the losses across the board. Mnuchin is speaking in Davos, Switzerland. He […]
Dollar Takes Another Leg Lower

Dollar Takes Another Leg Lower

North American session sold into the dollar’s upticks and Asia followed suit, taking the greenback to new multi-year lows against the euro and sterling while pushing it below the JPY110 level for the first time since last September. US trade action has become latest element of the narrative the seeks to explain the dollar’s slide and […]
Is The US Consumer In Big Trouble?

Is The US Consumer In Big Trouble?

The American consumer is the engine of U.S. economic growth. Personal consumption expenditure makes up nearly 70 percent of gross domestic product (GDP). That’s up from around 60 percent in 1980. So it’s only fair to ask – how is the U.S. consumer doing? Let’s take a look at wages first. Wages rising… at a crawl […]
US Dollar Shows Bearish Breakout Below Price Patterns

US Dollar Shows Bearish Breakout Below Price Patterns

EUR/USD 4 hour The EUR/USD broke above the resistance (dotted orange) of the triangle chart pattern, which could mark a continuation of the uptrend. A break above the previous top (dark red) could see price move towards the Fibonacci targets of wave 5 (blue) at 1.24 and 1.25. 1 hour The EUR/USD is challenging the […]