August 2018 - Page 148 of 240 -

Morning Call For Wednesday, August 15

Aug 15, 2018 Jeremy Parkinson Finance 0

Overnight Markets And News Sep E-mini S&Ps (ESU18 -0.61%) this morning are down -0.55% and European stocks are down -0.77% as global stocks and commodities slide on concern the China/U.S. trade spat and financial turmoil in Turkey will lead to slower economic growth throughout the world. Weakness in mining stocks, energy companies and raw-material producers are […]

Lira Surges After Turkey Crushes Shorts, Imposes New US Sanctions, Denies Brunson Appeal For Release

Aug 15, 2018 Jeremy Parkinson Finance 0

In a day in which the dollar set new highs against all emerging market pairs and global risk was on the defensive, the Turkish Lira bucked the trend and extended its rapid rebound from record lows, after Turkish regulators imposed new “soft capital controls” to prop up the battered currency, making it even harder for […]

Lira Rallies On Cut In Swaps, But Fails To Dent Dollar Demand

Aug 15, 2018 Jeremy Parkinson Finance 0

The Turkish lira is extending yesterday’s recovery today on the back of actions by officials that are aimed at limiting foreign access to the lira to short. Without introducing new capital controls, regulators halved the amount of swap transactions banks can do to 25% of shareholder equity. This is meant to make it more difficult […]

Kulicke & Soffa For Semiconductor Equipment & Packaging

Aug 15, 2018 Jeremy Parkinson Finance 0

Today I’m reviewing a small-cap semiconductor equipment & materials firm by the name of Kulicke and Soffa Industries, Inc. Its trading ticker symbol is KLIC. Kulicke & Soffa Industries Inc is engaged in the semiconductor industry. It manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices. It operates in two segments, […]

America’s Indo-Pacific Economic Vision Is Merely Geopolitical Maneuvering

Aug 15, 2018 Jeremy Parkinson Finance, No picture 0

The Trump administration’s Indo-Pacific Vision is not an alternative to Chinese and other development initiatives in the Asia Pacific. It is a geopolitical play that is likely to benefit mainly advanced economies. What the Asia Pacific needs is a sustainable, long-term plan for accelerated economic development – not new geopolitical divisions. On July 30, U.S. […]

The World Is Drowning In Debt

Aug 15, 2018 Jeremy Parkinson Finance 0

The U.S. economy grew by 4.1 percent during the past quarter, and that’s good news. All the economic signs are positive. Or are they? There is much less discussion about debt, which has hit another record high. The global debt just reached $247 trillion for the first quarter of this year. That is $29 trillion […]

USDCAD Daily Analysis – Wednesday, August 15

Aug 15, 2018 Jeremy Parkinson Finance, No picture 0

USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3170, only a beak of this level could trigger another rise towards 1.3300.

Good Growth Trend At Indonesian Tech Retailer Erajaya Swasembada

Aug 15, 2018 Jeremy Parkinson Finance 0

Background Established in 1996, PT Erajaya Swasembada Tbk is an importer, distributor, and retailer of telecommunication devices. ERAA has built strategic partnerships with 14 reputable product brands and collaborated with leading network providers in Indonesia for their distribution channels. Business Description The group operates mainly through its many subsidiaries, most of which are fully owned. […]

WTI Crude Oil And Natural Gas Forecast – Wednesday, August 15

Aug 15, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market has been very noisy during the trading session on Tuesday, initially trying to reach towards the $68 level and beyond, but we did turn around of form a bit of shooting star. The market looks as if it doesn’t know where to go next, so therefore I […]

Can Sterling Fall Further?

Aug 15, 2018 Jeremy Parkinson Finance 0

Brexit headlines continue to overshadow UK’s economic data, Short GBP/USD? UK’s unemployment rate fell to 4% yesterday which is a 43-year low. Wage growth slowed slightly but jobless claim increased lesser than expected. Sterling rose on the initial jobs data released, but gave up gains as Brexit headlines, market sentiment and risk appetite continue to […]