Archives by Month:

Archives by Year:

Weekly Trading Forecast: Financial Markets Shudder After US -Turkey Tensions Deteriorate

Weekly Trading Forecast: Financial Markets Shudder After US -Turkey Tensions Deteriorate

US Dollar Forecast: US Dollar Gains on Market Turmoil, Eyes Bond Sales and TIC Data Haven demand lifted the US Dollar amid turmoil in emerging markets. Bond sale results and TIC data may complicate matters next week. British Pound Forecast: GBP: UK Inflation and Wages Data to Help Sterling Consolidate The latest look at UK employment, wages […]
GBP/USD Forecast Aug. 13-17 – From No-Deal Fears To Hard Data

GBP/USD Forecast Aug. 13-17 – From No-Deal Fears To Hard Data

GBP/USD tumbled down on fears of a no-deal Brexit and the Turkish crisis. What’s next? Three top-tier indicators await the pound in the upcoming week. Here are the key events and an updated technical analysis for GBP/USD. UK Q2 GDP came out at 0.4% as broadly expected. Other figures were slightly better with upbeat manufacturing output […]
Gulf Banks Dive As Fallout From Turkey’s Currency Crisis Spreads

Gulf Banks Dive As Fallout From Turkey’s Currency Crisis Spreads

On Friday, just after midnight in New York, the Financial Times reported that the ECB is concerned about the exposure of several European banks to Turkey. That story was a stark reminder that although Turkey’s problems are to a certain extent idiosyncratic, a collapse in the lira isn’t going to play out in a vacuum. Fast forward to Sunday, […]
Microsoft CEO Sells 328,000 Common Shares

Microsoft CEO Sells 328,000 Common Shares

In a regulatory filing, Microsoft CEO Satya Nadella disclosed the sale of 328,000 common shares of the company at a price of $109.4396 per share. The value of the sold shares amounts to roughly $35.9M, according to Bloomberg.  
Four Measures Of Wages All Show Renewed Stagnation

Four Measures Of Wages All Show Renewed Stagnation

Since 2013, I have documented the stagnation vs. growth in average and median wages, for example here and here. I last did this in 2017. So let’s take an updated look. We have a variety of economic data series to track both average and median wages: The most  commonly known measure is that of average hourly pay for nonsupervisory […]
Trading Support And Resistance – Sunday, August 12

Trading Support And Resistance – Sunday, August 12

This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the […]
E
                                                
                        Markets: Tipping Points

E Markets: Tipping Points

The wake-up call last week was that Turkey matters. It’s hard to ignore a 21% weekly drop in FX and say it is a one-off, isolated event. The arguments about idiosyncratic pain trades in emerging markets FX, begins to fall about as the TRY falls 41% on the year today followed with Argentina ARS off […]
EUR/USD: Bearish, Targets Further Downside

EUR/USD: Bearish, Targets Further Downside

The EUR/USD pair looks to weaken further in the new week following its past week’s losses. On the upside, resistance comes in at 1.1550 level with a cut through here opening the door for more upside towards the 1.1600 level. Further up, resistance lies at the 1.1650 level where a break will expose the 1.1700 […]
New Diabetes Solutions Tapping Our Disruptive Innovators And Digital Lifestyle Investing Themes

New Diabetes Solutions Tapping Our Disruptive Innovators And Digital Lifestyle Investing Themes

When it comes to the market that is diabetes — it affects some 30 million Americans, more than 9% of the population, according to the CDC and rates of those diagnosed with diabetes rises with age, to 25% of those 65 and older — we are seeing a number of new products and services that […]
USD/JPY Weekly Analysis – Sunday, August 12

USD/JPY Weekly Analysis – Sunday, August 12

USD/JPY broke below the rising trend line on the daily chart, suggesting the upside movement from 104.63 to as high as 113.17. A deeper decline would likely be seen in a couple of weeks and the next target would be at 109.50 area. Resistance levels are at 112.20 and 113.17, only a break above these […]