October 2018 - Page 26 of 262 -

Will The BOJ Bring A Trick Or A Treat For GBP/JPY?

Oct 29, 2018 Jeremy Parkinson Finance, No picture 0

Kicking off the busy turn-of-the-month week for economic data, the Bank of Japan will conclude its monetary policy meeting early in Wednesday’s Asian session. In part because the central bank made no major changes to last week’s Financial System Report, traders and economists are expecting no change to monetary policy. That said, it is worth noting that […]

October 2018 Texas Manufacturing Survey Declined

Oct 29, 2018 Jeremy Parkinson Finance 0

Of the five Federal Reserve districts which have released their October manufacturing surveys – all were in expansion. A complete summary follows. Analyst Opinion of Dallas Fed Manufacturing Survey This survey remains in positive territory with new orders improving and unfilled orders improving – and both remaining in positive territory. Even though the overall index […]

Chinese Stocks Have A New Biggest Worry: Plunging Liquor

Oct 29, 2018 Jeremy Parkinson Finance 0

Amid generally mixed trading in Asian shares to start the week, don’t let it be lost on you that mainland shares in China suffered another grievous blow, falling more than 2% for the fifth session in October. This is horrendous: October is setting up to be the worst month for the index since January 2016, […]

Stocks, Yuan Tumble On Report US To Announce Tariffs On All China Imports If Trump-Xi Meeting Fails

Oct 29, 2018 Jeremy Parkinson Finance, No picture 0

It has been a while since the market was reminded of how quickly and violently it can be rocked as a result of Trump’s mood swings, and moments ago it got just such a stark reminder when Bloomberg reported that the U.S. is preparing to announce by early December tariffs on all remaining Chinese imports […]

USDJPY Price Reversal Leaves Risk Towards 112.88 Zone

Oct 29, 2018 Jeremy Parkinson Finance 0

USDJPY price reversal leaves risk towards the 112.88 resistance. On the downside, support comes at the 112.00 level where a break will target the 111.50 level. A breakthrough here will turn focus to the 111.00 level and then lower towards the 110.50 level. On the upside, resistance comes in at 112.50 level. Above here will […]

The Big Four Economic Indicators: Real Personal Income In September – Monday, Oct. 29

Oct 29, 2018 Jeremy Parkinson Finance, No picture 0

Note: This commentary has been updated to include this morning’s release of the September data for Real Personal Income Less Transfer Receipts. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they […]

Bear Of The Day: Tencent (TCEHY)

Oct 29, 2018 Jeremy Parkinson Finance 0

Tencent Holdings (TCEHY – Free Report) is the giant Chinese Internet portal which provides mobile, telecom, entertainment, social media, and financial services to the largest middle class on the planet — and monetizes most of these services with online advertising. The stock first slipped to a Zacks #5 Rank on August 20, when it was trading above $44 […]

Clicks To Bricks?

Oct 29, 2018 Jeremy Parkinson Finance 0

“Rumors of my death have been greatly exaggerated”. – Mark Twain Traditional brick and mortar retailers are soaring today with the average stock in our Death by Amazon index up 2.76% on the day. As shown below, around half of these retailers are up 3-5% on the day with just a handful in the red. As […]

Why Eli Lilly Has Untapped Growth Potential

Oct 29, 2018 Jeremy Parkinson Finance 0

Chances are, you have used an Eli Lilly product or you know someone who has. The company was the first pharmaceutical maker to mass produce Jonas Salk’s famous polio vaccine, and before that was known for introducing insulin into the commercial drug markets. Historical success has made Lilly (LLY – Research Report) a major player in today’s […]

Dovish Bank Of Japan (BoJ) Forward-Guidance To Keep USD/JPY Bid

Oct 29, 2018 Jeremy Parkinson Finance, No picture 0

USD/JPY pares the decline from the previous week, with global equity prices reflecting a similar dynamic, and the exchange rate may stage a larger rebound going into the Bank of Japan (BoJ) interest rate decision on October 31 as it snaps the recent series of lower highs. DOVISH BANK OF JAPAN (BOJ) FORWARD-GUIDANCE TO KEEP […]