August 2018 - Page 128 of 240 -

The Next Major Gold Rally

Aug 17, 2018 Jeremy Parkinson Finance 0

During the first three quarters of 2016 we were open to the possibility that a new cyclical gold bull market got underway in December of 2015, but over the past 18 months we have been consistent in our opinion that the December-2015 upward reversal in the US$ gold price did NOT mark the start of […]

S&P 500 And Nasdaq 100 Forecast – Friday, August 17

Aug 17, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 gapped higher at the open on Thursday, as news came out overnight that the Chinese were coming to meet the Americans to discuss trade next month. It’s a low-level meeting, but it’s a step in the right direction and it was reason enough for the market to explode to the […]

Spotlight On Emerging Markets And US Treasuries: Are Bonds Sending A Signal?

Aug 17, 2018 Jeremy Parkinson Finance, No picture 0

The emerging market trade has blown up. An “everything bubble” disaster awaits. Meanwhile, what about treasuries? Via Email, Albert Edwards at Society General discusses Emerging Markets. Turkey has discovered that high and rising foreign-denominated debt never sits well with a huge current account deficit and a reluctance to raise interest rates. The problem though is […]

A Big Tail Risk In Strong Dollar Environment

Aug 17, 2018 Jeremy Parkinson Finance 0

The media has been focused on the Turkish economy which has been sputtering lately, leading to a currency crisis. The word ‘contagion’ has become overused by the media since Turkey is such a small part of the economy. Turkish stocks are only 0.05% of the MSCI all world index. The media has been missing the […]

Stocks Outlook – Friday, August 17

Aug 17, 2018 Jeremy Parkinson Finance 0

Thoughts Housing Starts went up a little and are still trending higher. Medium-long term bullish for the stock market and economy. Building Permits went up a little and are still trending higher. Medium-long term bullish for the stock market and economy. Implied currency volatility suggests that the U.S. Dollar’s top is near Initial Claims are […]

China Will Be No Trade Pushover

Aug 17, 2018 Jeremy Parkinson Finance 0

Written by Jim Welsh The consensus story line is that the U.S. has more leverage on China since they exported $505 billion of goods into the U.S. in 2017, while the U.S. only shipped $130 billion of stuff to China. The target is much bigger on China’s back than on the U.S., since the U.S. can […]

Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – Friday, August 17

Aug 17, 2018 Jeremy Parkinson Finance, No picture 0

The US Dollar dropped from its highs but remains strong. What’s next? Here are the levels to watch. Here is their view, courtesy of eFXdata: EUR/USD: Bearish (13 Aug 18, 1.1400): Room for further weakness in the coming days. We have held the same view since Monday (13 Aug, spot at 1.1400) that there is […]

Crude Oil, Gold Prices Edge Up As Market Turmoil Cools. Now What?

Aug 17, 2018 Jeremy Parkinson Finance, No picture 0

Commodity prices corrected broadly higher amid a recovery in risk appetite, as expected. Crude oil and gold prices rose in tandem following news that China’s Vice Commerce Minister will travel to the US to restart talks following a round of tit-for-tat tariff hikes, cooling worries about further trade war escalation. That lifted the spirits of investors previously battered by emerging market […]

EURUSD: Pair Set To Consolidate

Aug 17, 2018 Jeremy Parkinson Finance 0

Previous: On Thursday the 17th of August, trading on the euro closed up. News that trade talks between the US and China are set to resume later this month brought about a correction on the dollar and, in turn, the euro. Market sentiment has shifted, but the big picture is still bearish. The rate rose to […]

AUDUSD Daily Analysis – Friday, August 17

Aug 17, 2018 Jeremy Parkinson Finance, No picture 0

AUDUSD is facing 0.7283 resistance. A clear break of this level would indicate that the downside movement from 0.7453 had completed at 0.7202 already, then the pair would find next resistance level at around 0.7350. On the downside, as long as 0.7283 resistance holds, the downtrend could be expected to resume and further decline to […]