Archives by Month:

Archives by Year:

Trump Announced More Tariffs On Chinese Goods

Trump Announced More Tariffs On Chinese Goods

Additional tariffs on Chinese goods will weigh on China’s growth, short AUD/USD? President Trump recently announced a 10% tariff hike on an additional $200 billion of Chinese imports, starting 24th September. Furthermore, he also said that the tariff will kick up to 25% starting 1st January next year. China’s Vice Premier Liu He, President Xi […]
Billion Dollar Unicorns: Byju’s Is India’s First EdTech Unicorn

Billion Dollar Unicorns: Byju’s Is India’s First EdTech Unicorn

According to IBEF, the education market in India is estimated at $91.7 billion and is expected to cross $100 billion by 2019. India has more than 1.5 million schools with over 260 million enrolled students. It also has a vibrant tutoring industry. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 […]
USDCAD Daily Analysis – Tuesday, Sept. 18

USDCAD Daily Analysis – Tuesday, Sept. 18

USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and next target would be at 1.3100 area. Near-term support is at 1.3000, only a breakdown below this level […]
EUR/USD Is Testing The Highs, Ignoring Trump

EUR/USD Is Testing The Highs, Ignoring Trump

The EUR/USD continues its gradual rise despite the US announcement on trade tariffs. China’s retaliated is awaited, and the US may respond to the move as well. The technical picture looks upbeat for the pair. The EUR/USD is trading around 1.1700, holding onto Monday’s gains and even slightly extending them. After two weeks of suspense, […]
Indian Indices Trade Marginally Higher; Stocks Witness Buying

Indian Indices Trade Marginally Higher; Stocks Witness Buying

Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the FMCG sector and healthcare sector witnessing maximum buying interest. Realty stocks are trading in the red. The BSE Sensex is trading up 12 points (up 0.1%) and the NSE Nifty is trading up 8 points (up 0.1%). The BSE Mid Cap index is trading down by 0.2%, […]
Bitcoin Daily Forecast – Tuesday, Sept. 18

Bitcoin Daily Forecast – Tuesday, Sept. 18

Bitcoin has fallen again during trading on Monday, reaching down to the $6300 level. We continue to see support come into the market at the $6000 handle, but every time we rally we only fall from an even lower level. We are getting close to the apex of the descending triangle, so we need to […]
Oil Will Remain A Large, Viable Industry

Oil Will Remain A Large, Viable Industry

A new report predicts that peak oil demand won’t occur until the 2030s, but the oil industry will remain a vital part of the economy through 2050. In the previous article, I discussed the natural gas projections from the recent report Rivalry: The IHS Markit View of the Energy Future (2018-50). IHS Markit is a provider of global market […]
Stocks Outlook – Tuesday, Sept. 18

Stocks Outlook – Tuesday, Sept. 18

Thoughts Volatility will increase The stock market tends to swing sideways for a few weeks after each rate hike. Ignore the divergence between the U.S. stock market and Chinese stock market. Buybacks continue to put a floor under the stock market. Stocks with larger buybacks are going up more. High yield spreads continue to narrow. […]
The Rent Is Too High

The Rent Is Too High

We’re going to have some fun exploring some of the trends in the average American household spending data contained within the 2017 Consumer Expenditure Survey (CEX), where we’ll start with what Americans are paying to either own a home or to rent a residence in the United States. The chart below shows all the historic data recorded […]
Gold Inches Higher On Weaker Dollar

Gold Inches Higher On Weaker Dollar

Gold prices ended Monday’s session up $7.11 an ounce, helped by a weaker dollar, but the precious metal turned negative early on Tuesday after U.S. President Donald Trump announced a new round of tariffs on about $200 billion worth of Chinese imports. Trump also warned that the administration will pursue more tariffs if China takes […]