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USD/JPY Weekly Analysis – Sunday, March 18

USD/JPY Weekly Analysis – Sunday, March 18

USD/JPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could trigger another fall towards 102.00. On the upside, a breakout of 107.90 resistance would indicate that the downtrend […]
The Fed And More

The Fed And More

The most significant event in the coming week is the first FOMC meeting under the Chair Powell. At ECB President Draghi’s first meeting he cut interest rates. He cuts rates at his second meeting as well, underwinding the two hikes the ECB approved under Trichet. At BOJ Governor Kuroda’s first meeting, an aggressive monetary policy was […]
Weighing The Week Ahead: A New Direction For The Fed?

Weighing The Week Ahead: A New Direction For The Fed?

The economic calendar is normal, with a focus on leading indicators and new home sales. The punditry will be less interested in data than in gauging the Fed’s reaction.  Last Week Recap My last edition of WTWA, I expected a focus on the continuing political turmoil, especially the market effects. That was a good guess, with the […]
Bank Of America: 5 Top Tech Stocks Poised For Future Growth

Bank Of America: 5 Top Tech Stocks Poised For Future Growth

Look out: “The future is arriving sooner than investors expect” according to Beijia Ma, Bank of America’s leading investing strategist. Luckily Bank of America has compiled a list of ‘buy’ rated stocks with “material exposure” to future tech themes. These are the stocks they believe look set to benefit the most from these themes over […]
Fed To Raise Rates And Forecasts On Wednesday

Fed To Raise Rates And Forecasts On Wednesday

On Wednesday the Federal Reserve will end its second regular FOMC meeting of the new year. It is widely expected that the Fed will deliver another 25bp rate hike, lifting the target range for the federal funds rate to 1.50% to 1.75%. The post-meeting statement is likely to echo the tone of Chair Powell’s testimony. […]
S&P 500 & FTSE Face FOMC, BoE; DAX Still Trying To Mend Itself

S&P 500 & FTSE Face FOMC, BoE; DAX Still Trying To Mend Itself

Talking Points: FOMC on Wednesday, S&P 500 still working on holding its ground DAX trying to string together a rally, but it’s not coming easy BoE on Thursday, European Council meets; FTSE remains technically weak S&P 500 In the week ahead, all eyes will be on the Fed on Wednesday, as the world’s largest central bank is expected to raise rates […]
Gold’s Narrow Trade – Beware A Cascade

Gold’s Narrow Trade – Beware A Cascade

You know the expression: “Get in, strap down, shut up, hang on!“ For the agonizing narrow road upon which Gold has been slowly trudging these recent weeks is due to suddenly widen into a superhighway. And there’s no week like this new week for it to happen. But here’s the key question: in which direction?Up or down? Doubtless […]
USD/CAD Forecast Mar. 19-23 : Where Will The CAD Crash Stop?

USD/CAD Forecast Mar. 19-23 : Where Will The CAD Crash Stop?

Dollar/CAD was on an uptrend reaching the highest since June 2017 due to dovish words by Poloz, tweets by Trump and poor Canadian data. What’s next? The inflation and retail sales reports on Friday are the main events. Here are the highlights and an updated technical analysis for USD/CAD. BOC Governor Poloz said that the Canadian […]
Goodbye To “business As Usual” Model For Plastics

Goodbye To “business As Usual” Model For Plastics

    Polymer markets face two major challenges in coming months. The most immediate is the arrival of the major US shale gas-based ethylene and polyethylene expansions. The longer-term, but equally critical challenge, comes from growing public concern over plastic waste, particularly in the ocean. The EU has set out its vision for a new plastics economy, where: “All plastic packaging is reusable […]
3 Japan Mutual Funds To Buy On Steady Economic Expansion

3 Japan Mutual Funds To Buy On Steady Economic Expansion

Japan registered economic expansion for eight quarters on the trot, courtesy of strong business spending and increase in investments in technology and machinery. Further, unemployment has been the lowest since April 1993. Also, influx of money into the economy in the form of consumer and private spending coupled with business-friendly economic and monetary policies provided […]