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Trade Deficit And Tariffs: It Is Complicated

Trade Deficit And Tariffs: It Is Complicated

President Donald Trump’s announcement that he is instituting tariffs on imported steel and aluminum came as a surprise to some although reducing the trade deficit was one of his campaign promises. Dealing with the trade deficit issue is a complicated one since no one factor impacts trade. What is complicating a necessary discussion at the […]
More Volatility Ahead For Italy’s FTSE MIB Index

More Volatility Ahead For Italy’s FTSE MIB Index

Italy’s FTSE MIB Index still remains more than 60% below its record high reached pre-2007 financial crisis, as shown on the monthly chart below. It’s facing major overhead resistance with the convergence of a triple top price formation, 40% Fibonacci retracement level, and the lower edge of its original uptrending channel around 24,568, which is still a long way […]
Japan ETFs To Buy As GDP Growth Revised Upward

Japan ETFs To Buy As GDP Growth Revised Upward

GDP growth in the world’s third-largest economy expanded more than initially thought, owing to an upward revision in key business areas. It grew for eight consecutive quarters, the longest streak since a 12-quarter expansion ended in 1989, the period of Japan’s economic bubble. Into the Headlines Japan’s economy grew at an annualized 1.6% in Q4 […]
S&P 500 And Nasdaq 100 Forecast – Friday, March 9

S&P 500 And Nasdaq 100 Forecast – Friday, March 9

S&P 500 The S&P 500 had a slightly positive session on Thursday, as traders await the jobs number today. The market will get those numbers at 8:30 AM New York time, and I believe that there will be a significant amount of volatility as soon as we get that announcement as per usual. However, to […]
USDCAD Daily Analysis – Friday, March 9

USDCAD Daily Analysis – Friday, March 9

USDCAD remains in the uptrend from 1.2450. As long as the price is above the bullish trend line on the 4-hour chart, the fall from 1.3000 could be treated as consolidation for the uptrend, and another rise towards 1.3100 could be expected after the consolidation. On the downside, a clear break below the trend line […]
Sensex Trades In Green; Capital Goods Stocks Gain

Sensex Trades In Green; Capital Goods Stocks Gain

After opening the day firm, share markets in India have continued the momentum and are trading comfortably above the dotted line. Sectoral indices are trading on a mixed note with stocks in the auto sector and stocks in the IT sectorleading the gains, while stocks in the metal sector are trading in red. The BSE Sensex is trading up by 100 points (up 0.3%), […]
EUR/USD: Correction To 1.2330 Likely Ahead Of NFP

EUR/USD: Correction To 1.2330 Likely Ahead Of NFP

Previous: On Thursday the 8th of March, trading on the EUR/USD pair closed down. I don’t make predictions on payrolls day or on days when Mario Draghi has a press conference, as volatility surges and TA doesn’t work. The ECB maintained their key rate at its current level. The margin rate was kept at 0.25%, while […]
Nearly Time For Some Speculator Blame

Nearly Time For Some Speculator Blame

The Hong Kong dollar is a hair’s breadth away from a currency crisis. Plummeting over the last week or so, the exchange value crossed 7.84 today. At 7.85, the HKMA is required to sell US dollars in order to buy up HKD. That may be just what Asian banks are looking for, some other US […]
Stocks To Trade: DVN, NTES, HLT

Stocks To Trade: DVN, NTES, HLT

Friday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Devon Energy (DVN) Long Netease (NTES) Short Hilton Worldwide (HLT)
Are We Nearly There Yet? Employment, Interest Rates And Inflation

Are We Nearly There Yet? Employment, Interest Rates And Inflation

There are two factors, above all others, which are spooking asset markets at present, inflation and interest rates. The former is impossible to measure with any degree of certainty – for inflation is in the eye of the beholder – and the latter is divergent depending on whether you look at the US or Japan […]