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EUR/USD Failed To Break 1.1780, Drop Towards 1.1632 Likely Now

EUR/USD Failed To Break 1.1780, Drop Towards 1.1632 Likely Now

Given that today’s Fed rate hike is firmly priced in, we expect FX markets to focus on the statement and the press conference by Fed Chair Jerome Powell. Even if the policy stance is no longer be called “accommodative”, we would not expect this change to trigger any strong USD buying. The market remains unconvinced […]
The Federal Reserve

The Federal Reserve

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OPEC Is Ripping Us Off

OPEC Is Ripping Us Off

President Donald Trump called out OPEC on the world stage and helped ease the explosive rally in oil. The President, in a speech before the United Nations, said “OPEC and OPEC nations, are, as usual, ripping off the rest of the world, and I don’t like it. Nobody should like it. We defend many of […]
Insider Selling Soars: Fastest Pace Of September Sales In Past Decade

Insider Selling Soars: Fastest Pace Of September Sales In Past Decade

One month ago, we reported that insider selling reached $450 million daily in August, the highest level this year; on a monthly basis, insiders sold more than $10 billion of their stock, the most of any month this year and near the most on record. “As corporate buying is at least taking a breather, corporate insiders […]
Asia Needs More Access To Financial Services To Grow

Asia Needs More Access To Financial Services To Grow

from the International Monetary Fund — this post authored by Sarwat Jahan, Elena Loukoianova, Cormac Sullivan and Yongzheng Yang In Asia, the world’s fastest-growing region, expanding access to financial services for more people will mean higher growth, as well as lower poverty and inequality. How? When people and companies can open checking accounts or establish lines of credit, they are […]
The Bond Market Is Flashing A “Late 2007” Signal… Remember What Came Next?

The Bond Market Is Flashing A “Late 2007” Signal… Remember What Came Next?

The Fed is starting to get into serious trouble. The US bond market is moving in the WRONG way fast. And while these moves don’t indicate that a crisis will hit today… if the Fed doesn’t get this situation under control soon things could get UGLY. The yield on the 10-Year Treasury bond, the single […]
E
                                                
                        Markets: Bluejays

E Markets: Bluejays

Jay Powell leads today and sets the tone for risk taking into October. He has a difficult task in sounding appropriately hawkish but with enough constraint to not stifle the ongoing economy. The balancing act is between the push to get rates to neutral where they don’t hurt growth but but squelch inflation. For many […]
NZD/USD Forex Signal – Wednesday, Sept. 26

NZD/USD Forex Signal – Wednesday, Sept. 26

Yesterday’s signals produced a short trade from the breakdown of the double pin candlestick formation which rejected the resistance level at 0.6659, but this trade only produced the minimum 20 pips of profit. Today’s NZD/USD Signals Risk 0.75%. Trades may only be taken between 8am New York time and 5pm Tokyo time, during the next 24-hour […]
Consider These 3 MFS Mutual Funds For Sturdy Returns

Consider These 3 MFS Mutual Funds For Sturdy Returns

Renowned global asset manager MFS aims to provide an array of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company manages worth over $256 billion (as of Jun 30, 2018). The company has 1,700 employees dedicated to […]
Fed Set To Hike Rates Today As Inflation Expectations Rebound

Fed Set To Hike Rates Today As Inflation Expectations Rebound

The Federal Reserve is on track to lift interest rates at today’s policy announcement scheduled for 2:00 pm Eastern, according to Econoday.com’s consensus forecast. The projected hike coincides with rising inflation expectations in recent weeks, based on the yield spread for nominal less inflation-indexed Treasuries. Fed funds futures are in agreement with the crowd that […]