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Sensex Opens 200 Points Up; Metal & Realty Stocks Gain

Sensex Opens 200 Points Up; Metal & Realty Stocks Gain

Asian stocks are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.03% while the Hang Seng is up 1.30%. The Nikkei 225 is trading up by 2.12%. US stocks ended higher on Monday as fears of a global trade war ebbed with market participants betting that US President Donald Trump would back down […]
EUR/USD Builds ABC Correction After Strong Bullish Momentum

EUR/USD Builds ABC Correction After Strong Bullish Momentum

EUR/USD 4 hour The EUR/USD showed strong bullish momentum at the support zone (green). A bullish breakout above resistance (orange/red) could confirm the continuation of the uptrend whereas a bearish break below support makes a wave 4 (pink) less likely and a downtrend more probable. 1 hour The EUR/USD could make a bearish pullback via […]
Dividends By The Numbers In February 2018

Dividends By The Numbers In February 2018

When it comes to the number of dividend increases declared during a single month, the U.S. stock market just recorded its best February ever. As an important caveat, “best February ever” refers to a data series that only extends back to January 2004, where there are only 15 Februaries to consider. Still, what makes the month more […]
Crude Oil Prices Rise With Stocks But Data May Disrupt Momentum

Crude Oil Prices Rise With Stocks But Data May Disrupt Momentum

Crude oil prices continued to take their cues from broader market sentiment trends yesterday, with the WTI benchmark rising alongside the bellwether S&P 500 stock index. Investors’ mood brightened despite a worrying outcome in Italy’s general election, which the newswires attributed to comments from US House of Representatives Speaker Paul Ryan that sharply opposed President Trump’s proposed tariff hike. Meanwhile, gold prices […]
Bullish Hammer On GBP/USD Candles

Bullish Hammer On GBP/USD Candles

The euro edged higher on Monday after a short-lived sell-off tied to Italy’s inconclusive weekend election, helped by the creation of a coalition government in Germany that eased political uncertainty there. The two winners of the general election in Italy were the Five Star Movement (M5S), which secured over 30% of the vote, and the […]
USDCAD Daily Analysis – Tuesday, March 6

USDCAD Daily Analysis – Tuesday, March 6

USDCAD broke above 1.2920 (Dec 19, 2017 high) resistance and extended its upside movement from 1.2450 to as high as 1.3000. Further rise is till possible after a minor consolidation and next target would be at 1.3100 area. The key support is at the bullish trend line on the 4-hour chart, only a clear break […]
Let’s Eliminate The Trade Deficit! Yeah, What If?

Let’s Eliminate The Trade Deficit! Yeah, What If?

Trump says winning a trade war is easy. Really? When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we […]
S&P 500 And Nasdaq 100 Forecast – Tuesday, March 6

S&P 500 And Nasdaq 100 Forecast – Tuesday, March 6

S&P 500 The S&P 500 initially fell during trading on Monday, but as we had formed a nice-looking hammer on Friday, it was obvious that the buyers were ready to come back. The pullback offered value the traders were willing to take advantage of, and therefore pushed the market higher by 1%, reaching towards the […]
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                        Market Briefing For Tuesday, March 6

E Market Briefing For Tuesday, March 6

Tariff threats as a negotiating tactic for a better NAFTA deal was my suspicion of what the President is trying to achieve. Know that finalized aspects are ‘somewhat’ improved with regard to food and dairy; which is a significant component of the trade relationship with Canada. Now that seems to be a ‘done deal’, and […]
The Growth Of Shadow Banking

The Growth Of Shadow Banking

The Financial Stability Board has just published in 2017 report of the evolution of the Shadow Banking System. The shadow banking system is a relatively new term, its first use is attrib­uted to Paul McCulley of PIMCO in a speech of 2007. Perhaps the most useful definition is that of the Financial Stability Board that […]