Archives by Month:

Archives by Year:

10 Year Yields Eye A Breakout

10 Year Yields Eye A Breakout

Friday’s strong wage numbers catalyzed a significant uptick in yields with 10s rising 6.8 bps to the highest yield since August 8th. One day does not a trend make, but we’ve seen a pretty persistent uptick in yields over the last few weeks. That uptick has been off support that dates back to February. Overhead, there’s […]
Pound Up On Upbeat GDP

Pound Up On Upbeat GDP

The Pound Sterling moved higher against the US Dollar after recording the largest weekly fall during the month of September. Analysts say that concerns over a possible hard Brexit are limiting any additional gains. The Prime Minister’s latest proposals aren’t as well received as she would like with some 80% of her own Conservative party […]
E
                                                
                        As Good As It Gets

E As Good As It Gets

Overnight markets were mixed. The Trump tweet about Apple needing to make iPhones in the US hit Asia but Europe shrugs is off. The weather effect on statistics starts the day with Japan EcoWatchers bouncing in part because of such. One has to wonder if the same shows up in the China CPI and PPI.  […]
Initial Extension Of Euro And Sterling Losses Stall

Initial Extension Of Euro And Sterling Losses Stall

The US dollar’s pre-weekend gains were extended against most the major currencies, but the euro, sterling, and Australian dollar have recovered in the European morning. Emerging markets currencies are mixed.   The Indian rupee is the weakest (of the emerging market currencies (~-0.8%) following the widening of the Q2 current account deficit at the end of last […]
Morning Call For Friday Monday, Sept. 10

Morning Call For Friday Monday, Sept. 10

Overnight Markets And News Sep E-mini S&Ps (ESU18 +0.37%) this morning are up +0.37% and European stocks are up +0.66% as strength in technology stocks lifts the overall market ahead of the unveiling Wednesday of Apple’s newest iPhone. Stocks also moved higher as the U.S. failed to impose new tariffs on China over the weekend after […]
From All Directions

From All Directions

Oil prices are being pulled in all directions as storms develop in the Atlantic Ocean and U.S. rig counts sputter as Iranian oil sanctions loom. The market found early support as the U.S. rig-count fell by 2 rigs and the fact that the market is finally realizing the impact of cap x cuts that has […]
Upward Reversal Or Just Rebound?

Upward Reversal Or Just Rebound?

The U.S. stock market indexes lost 0.2-0.3% on Friday, slightly extending their short-term downtrend, as investors reacted to the monthly jobs data release. The S&P 500 index has reached the record high of 2,916.50 on August the 29th. It currently trades 1.5% below that high. Both, Dow Jones Industrial Average and the technology Nasdaq Composite lost 0.3% on Friday. […]
Sensex Slumps 470 Points; Rupee Continues To Slide

Sensex Slumps 470 Points; Rupee Continues To Slide

After opening the day in red, share markets in India witnessed negative trading activity throughout the day and ended the day in red. All sectoral indices traded in red, with stocks in the metal sector and stocks in the auto sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 467 points (down 1.2%) and the NSE Nifty closed down […]
Bitcoin Daily Forecast – Monday, Sept. 10

Bitcoin Daily Forecast – Monday, Sept. 10

Bitcoin markets did very little during trading on Friday, as we continue to see this market drift lower overall, but obviously, we need to see some type of calming effect after the last couple of very bearish days. The $6000 level continues to loom large underneath, and quite frankly I think that we are going […]
Across-The-Board Losses For The Major Asset Classes Last Week

Across-The-Board Losses For The Major Asset Classes Last Week

Selling weighed on all the main categories of global markets last week, based on a set of exchange-traded products. The biggest slide was posted in stocks in emerging markets. Vanguard FTSE Emerging Markets (VWO) slumped a hefty 3.8% in the US-holiday-shortened trading week through September 7. The decline left the ETF at its lowest close in more […]