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Emerging Market Debt Crisis – A Reality Check

Emerging Market Debt Crisis – A Reality Check

There are at least three major factors that are not calculated in this perspective. The dollar debt rises exponentially in the cost to service that debt as the currency declines. It was that very relationship which sent Germany into hyperinflation during the 1920s. Germany had to print more money to make reparation payments and the more they […]
Bitcoin Is At $24,000?

Bitcoin Is At $24,000?

Despite a myriad of bitcoin rumors (which we’ll get into below) causing the price to fall in most places, in some places, bitcoin is in fact way up!! On Iran’s Exir exchange, the price was reported to be as high as 100 million Tomans on Tuesday, which translates to about $24,000 at current prices. This comes following an […]
AUDUSD: Backs Off Lower Prices, Sets Up For More Strength

AUDUSD: Backs Off Lower Prices, Sets Up For More Strength

The AUDUSD pair backed off lower prices to close higher on Wednesday. Support resides at the 0.7150 level where a breach will aim at the 0.7100 level. Below that level will set the stage for a run at the 0.7050 level with a cut through here targeting further downside pressure towards the 0.7000 level. On […]
The Impact Of The U.S.- China Trade War On Their Trade To Date

The Impact Of The U.S.- China Trade War On Their Trade To Date

According to the U.S. Census Bureau, the United States’ trade deficit with China hit a record high in July 2018, with U.S. imports of Chinese goods rising year over year and Chinese imports of U.S. goods falling over the same period. The following chart shows what the year over year growth rate of trade in goods and […]
Below-Average Profitable Growth At Bangkok Expressway And Metro

Below-Average Profitable Growth At Bangkok Expressway And Metro

Background Bangkok Expressway and Metro Public Company Limited has a government concession for construction and operation of various segments of the city’s major expressways. It also operates and manages two of Bangkok’s subway train lines, the Blue and Purple lines, and is involved in media and related services on and along those transit routes. Business […]
S&P 500 And Nasdaq 100 Forecast – Thursday, Sept. 6

S&P 500 And Nasdaq 100 Forecast – Thursday, Sept. 6

S&P 500 The S&P 500 broke down a bit during the trading session as James Bullard decided to point out the obvious fact that every time the Federal Reserve raises interest rates, a recession follows. It was a bit of a surprise to me that most of the market didn’t know this, so the sharp […]
Sensex Trades Flat; Aurobindo Pharma Surges 5.7% On Acquisition News

Sensex Trades Flat; Aurobindo Pharma Surges 5.7% On Acquisition News

Stock markets in India pared gains to turn flat as the rupee continues to remain weak after 6 straight sessions of fall. Losses are largely seen in metal stocks and FMCG stocks. The BSE Sensex is trading up by 47 points and the NSE Nifty is trading up by 6 points. Meanwhile, the BSE Mid Cap index and the BSE Small Cap index both are trading flat. […]
GBP/USD Massive Bullish Spike Turns At 78.6% Fibonacci

GBP/USD Massive Bullish Spike Turns At 78.6% Fibonacci

GBP/USD 4 hour Source: Admiral Markets MT5 with MT5 GBP/USD motive wave – 6 September 2018 at 5:00 AM GMT The GBP/USD showed a strong bullish spike yesterday, which could indicate a completed bearish wave 1 (blue) and a pullback within wave 2 (blue). This is invalidated if the price manages to break above the previous top, together with, […]
Top 5 Charts Of The Week – Thursday, Sept. 6

Top 5 Charts Of The Week – Thursday, Sept. 6

This week: The global manufacturing PMIs – a synchronized slowdown The path of the big 3QE central banks as the big monetary experiment comes full circle The impact of Fed rate hikes on EM central banks – forced tightening Valuation and positioning for the GBPUSD exchange rate – undervalued and oversold What’s going on with […]
Gold Gains On Weaker Dollar, Equities

Gold Gains On Weaker Dollar, Equities

Gold prices rose $5.18 an ounce on Wednesday as a lower U.S. dollar index prompted a bit of buying interest in the gold market. Federal Reserve Bank of St. Louis President James Bullard said financial market information suggests the Fed’s latest interest rate projections are “too hawkish for the current macroeconomic environment.” World stock markets […]