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The Clock Is Ticking

The Clock Is Ticking

Where were you when the Iranian exports stopped? Oil prices continue to defy bearish expectations as U.S. demand remains near a record high and Iranian exports continue to plummet. Iranian oil exports have plunged about 35% since April. Despite trade war fears and talk of slowing demand, global demand continues to exceed expectations. U.S. oil […]
Morning Call For Wednesday, Sept. 19

Morning Call For Wednesday, Sept. 19

Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.09%) this morning are down -0.04% and European stocks are down -0.05% in uninspired trade. Higher interest rates are weighing on equity prices after a jump in UK Aug consumer prices pushed the 10-year Gilt yield up to a 6-3/4 month high of 1.618%, which helped fuel an […]
E
                                                
                        Markets: No Weapons

E Markets: No Weapons

The news from Asia overnight sets up today to continue the bounce back in risk mood. First, the Moon-Kim Korea summit produces another deal on denuclearization and peace. Second Chinese Premier Li vows not to use the CNY as a weapon in trade to boost exports and third, the BOJ stuck to its long-term promises of […]
Sensex Ends 170 Points Lower, Realty And FMCG Stocks Witness Selling

Sensex Ends 170 Points Lower, Realty And FMCG Stocks Witness Selling

After opening the day on a positive note, share markets in India witnessed volatile trading activity and ended in the red. Sectoral indices traded in red, with stocks in the realty sector, and FMCG sector leading the losses. At the closing bell, the BSE Sensex stood lower by 170 points (down 0.5%) and the NSE Nifty closed down by 45 points (down 0.4 %). […]
Banking On Europe

Banking On Europe

Last week was central bank week in Europe, as both the European Central Bank (ECB) and the Bank of England (BOE) held policy meetings on the same day. The outcomes of these events did not necessarily break new ground, but the results did offer some guidance for the U.K. and eurozone bond markets going forward. More specifically, […]
A Tale Of Two Consumer Sector Returns: Discretionary Vs. Staples

A Tale Of Two Consumer Sector Returns: Discretionary Vs. Staples

Ahead of revisions to the US equity sector landscape in a few days, the existing definitions show that consumer discretionary, technology, and health care shares continue to lead this year, based on a set of exchange-traded funds. The upcoming reshuffling may reorder the horse race, but for now these three sectors are the dominant year-to-date performers through […]
BTC/USD Signal – Wednesday, Sept. 19

BTC/USD Signal – Wednesday, Sept. 19

Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered before 8am London time and 5pm Tokyo time, during the next 24-hour period. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch of $5,950 or $5.600. Put the stop loss 1 pip below […]
Dollar Trades Heavily As Emerging Markets Follow China

Dollar Trades Heavily As Emerging Markets Follow China

One would not have a clue looking at global equities that there has been a sharp escalation in trade tensions in the past 36 hours. As was well tipped the US imposed a 10% tariff on $200 bln of Chinese goods and indicated that the tariff will rise to 25% at the start of next […]
If You Are Looking For Value Stocks, Try China

If You Are Looking For Value Stocks, Try China

According to the Bloomberg, the S&P 500 (SPY) is trading at 21 times earnings and returned 20.85% in the last 12 months. Snapshot 1 – S&P 500 (Source: Bloomberg) Snapshot 2 – SSE 50 According to the same publication, the SSE 50 is trading at 9 times earnings and returned -6.49% during the last 12 months. […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, Sept. 19

WTI Crude Oil And Natural Gas Forecast – Wednesday, Sept. 19

WTI Crude Oil The WTI Crude Oil market rallied a bit during the trading session on Tuesday, touching the $70 level. The Saudis suggested that they were comfortable with higher priced crude oil, and that may have been the main reason why the buyers jump in. The ascending triangle that seems to be forming is […]