April 2018 - Page 110 of 200 -

‘It’s A Race To The Bottom’: Ruble, Lira Crushed As Russia, Turkey Face Burgeoning Currency Crises

Apr 11, 2018 Jeremy Parkinson Finance 0

Soft equities, lower bond yields, TRY and RUB in an FX race to the bottom. That’s how SocGen’s Kit Juckes described Wednesday so far and it underscores the idea that the ruble and lira are, like Ron Burgundy, “kind of a big deal.” I talked at length about this over at Dealbreaker on Tuesday in […]

Mr Market Waits For Other Shoe To Drop

Apr 11, 2018 Jeremy Parkinson Finance 0

Between Syria, trade tensions, and the US special investigator into Russia’s attempt to influence the US election, market participants are cautious as they wait for another shoe to drop. The US equity market recovery yesterday has short coattails as markets in Asia and Europe struggle. Bond yields are mostly softer, and the US 10-year note yield […]

Can The Euro Extend Its Gains Or Is It Only Temporary?

Apr 11, 2018 Jeremy Parkinson Finance 0

The EUR/USD is rising for the fourth day, buoyed by a positive market mood and mixed messages from the ECB. A speech by Draghi, US inflation, and the FOMC minutes promise further action. The technical picture has improved but there are reasons to question the rally. The EUR/USD is trading around $1.2370, up some 0.15% […]

Platinum And Palladium: Expect The Mean Reversion To Continue

Apr 11, 2018 Jeremy Parkinson Finance 0

Early this year, I wrote about platinum and palladium. As you recall, palladium was the best performing metal, gaining by more than 40%. It reached a high of $1126 per ounce. On the other hand, platinum had a lukewarm year, seeing just a minor gain. A little history. Platinum and palladium belong to a class […]

Ahead Of The Fed DXY Still Looking For Direction

Apr 11, 2018 Jeremy Parkinson Finance 0

Ahead of today’s CPI release for the US and Fed minutes I just wanted to take a quick look at the DXY and suggest some key levels we need to watch, and perhaps these two items of news will help to give the index some much-needed direction. Since the beginning of the year, the index […]

February 2018 Philly Fed Coincident Index Year-Over-Year Rate Of Growth Unchanged

Apr 11, 2018 Jeremy Parkinson Finance 0

The year-over-year rate of growth relative to the previous month of the US Coincident Index was unchanged. A comparison of this US Coincident Index to other coincident indices follows. Analyst Opinion of the Current Status of the Coincident Indicators The reality is that most of the economic indicators have moderate to significant backward revision – and this […]

10 More Of 50 Fairly-Valued Dividend Growth Stocks Offering Moderately High Yields: Part 2

Apr 11, 2018 Jeremy Parkinson Finance 0

Introduction This is the second of a five-part series presenting 50 dividend growth stocks that I have screened for current fair value. With this article, I will be covering 10 additional dividend growth research candidates in addition to the initial 10 that I presented in part 1 found here. Furthermore, I wanted to be clear that […]

USD/CAD Daily Analysis – Wednesday, April 11

Apr 11, 2018 Jeremy Parkinson Finance 0

USD/CAD continued its downside movement from 1.2943 and the fall extended to as low as 1.2587. Further decline is still possible and next target would be at 1.2500, followed by 1.2350. The key resistance is located at the falling trend line on the 4-hour chart, only a clear break above the trend line resistance could […]

Global PMI Plunges To 16-Month Low As ‘Synchronous Recovery’ Meme Collapses

Apr 11, 2018 Jeremy Parkinson Finance 0

After rising confidently for 5 straight months, Global PMI collapsed in March – plunging to 16-month lows, dropping by the most since Q1 2016’s global growth scare. As Markit notes, global economic growth slowed sharply to the weakest in over a year in March, according to the latest PMI surveys. Although some of the slowdown may prove temporary, […]

5 Charts To Kick Off Earnings Season

Apr 11, 2018 Jeremy Parkinson Finance 0

Without Alcoa to lead off the Dow, the big banks basically kick off earnings season now. They mostly report earnings during a relatively quiet week with just 2 dozen companies expected to report earnings. But things pick up the second week of the season with about 200 companies reporting. That doesn’t mean you should ignore […]