March 2018 - Page 255 of 295 -

Will Stars Shine On Gold?

Mar 06, 2018 Jeremy Parkinson Finance 0

A major blow to the EU! The populist Five Star Movement won about one-third of the votes in the Italian general elections. It’s another negative shock for the European establishment. Will these stars shine on gold? Five Stars Movement Triumphs We live in strange times. To be a hairstylist, you need a license. But you […]

XL Group Shares Tear Higher After AXA Yesterday Confirmed $15B Merger Deal

Mar 06, 2018 Jeremy Parkinson Finance 0

Shares of XL Group (XL) skyrocketed at the opening of Monday trading, after France’s biggest insurance company, AXA, announced it was merging with the insurer a $15.3 billion deal. Following the announcement, shares of the casualty and property insurance group rose to $56.24, an increase of 29.7%. The merger will be funded by AXA, using $7.5 billion […]

Federal Spending: 5 Charts That Tell The Story

Mar 06, 2018 Jeremy Parkinson Finance 0

I write constantly (some would say incessantly and annoyingly) about entitlement spending. And I occasionally write about discretionary spending. It’s time to address the budget in a comprehensive fashion. Let’s look at five charts to put everything in context and to show how we got into our current mess. Our first chart (based on Table 8.2 from the Office of Management and Budget’s Historical […]

EUR/USD Pops As Dollar Bears Back In The Driver Seat: ECB, BoJ Await

Mar 06, 2018 Jeremy Parkinson Finance 0

In what’s becoming a more regular occurrence, USD bears have come back while US equities have rallied. Last week produced a spate of strength in the US Dollar that saw DXY make a fast approach towards the 91.00 level; and this also brought pressure into US equities as stocks fell each day Tuesday-Thursday. But Thursday afternoon is around the time […]

Forex Markets – March 2018 Monthly Outlook

Mar 06, 2018 Jeremy Parkinson Finance 0

The U.S. dollar was seen making a comeback in the month of February as the once deemed to be weak currency was seen making signs of a temporary bottom. The sentiment in the U.S. dollar was lifted by a mix of broad fiscal and monetary policy signals. Although no major changes were seen in the month […]

Crude Oil Surges As IEA Forecasts Stronger Demand

Mar 06, 2018 Jeremy Parkinson Finance 0

Crude Oil prices are gaining after a report by International Energy Administration (IEA) showed that demand will increase in the next five years with supply growing at a slower pace. The report by IEA also showed that the United States would become the top oil supplier in the next few years as the country’s shale […]

Gary Cohn May Resign If Last-Ditch Push To Kill Steel, Aluminum Tariffs Fails

Mar 06, 2018 Jeremy Parkinson Finance 0

Despite repeated denials from the pro-tariff wing of White House advisers (a triumvirate that includes Commerce Secretary Wilbur Ross, trade adviser Peter Navarro and trade representative Robert Lighthizer), media reports about Gary Cohn’s impending departure from the White House have just kept coming. And for its latest installment in the ongoing “will Gary stay, or will Gary go” […]

Target (TGT) Q4 Earnings Lag, Sales Top Estimates, Guides ’18

Mar 06, 2018 Jeremy Parkinson Finance 0

Target Corporation (TGT – Free Report) , the leading department store retailer, came out with fourth-quarter fiscal 2017 results, wherein adjusted earnings from continuing operations of $1.37 per share missed the Zacks Consensus Estimate by 2 cents and also declined 5.8% year over year. For fiscal 2018, Target now envisions adjusted earnings in a band of $5.15-$5.45. For […]

The Euro And The Eurozone: Why They Could Cause The Next Financial Crisis

Mar 06, 2018 Jeremy Parkinson Finance 0

Anti-Eurozone Movements Brewing in the Common Currency Region Mark my words, if the eurozone falls apart, it could have dire consequences across the globe. The common currency region could be the source of the next financial crisis. Before going into any details, we know our readers are not very interested in the eurozone, but there […]

They Just Don’t Get It

Mar 06, 2018 Jeremy Parkinson Finance 0

Shale predictions and price predictions, sometimes they just do not get it. According to an article in today’s Financial Times, OPEC is shocked by how many hedge funds really have no clue about how the oil market works. OPEC’s Secretary General Mohammad Barkindo, who met with hedge fund managers, seemed shocked that many of them […]