November 2018 - Page 106 of 209 -

WTI Crude Oil And Natural Gas Forecast – Wednesday, Nov. 14

Nov 14, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market has broken down significantly during the trading session after initially gapping on Tuesday. We are now pressuring the $55 level, losing 8% for the day. This is an absolute wipeout for oil, and I think now that we have retraced the entire latest move, we are getting […]

Dollar Comes Back After Yesterday’s Profit-Taking

Nov 14, 2018 Jeremy Parkinson Finance 0

Overview: Investors are on pins and needles today. Oil prices are trying to stabilize after WTI’s outsized 7% fall yesterday, its largest in three years. Global equities are heavier, dragged down by energy, but also larger than expected Q3 contractions in Japan and Germany, and a mixed bag of Chinese data that showed possible stabilization of […]

Fixed Income: Money In Motion

Nov 14, 2018 Jeremy Parkinson Finance 0

Seven down, one more FOMC meeting to go for 2018. There were no surprises at last week’s penultimate Federal Reserve (Fed) gathering as the policymakers kept rates unchanged, but perhaps more importantly, they continued to lead money and bond markets down the path for a potential rate hike at their final convocation of the year in December. The specter of additional […]

Slick Move

Nov 14, 2018 Jeremy Parkinson Finance 0

The company known as Ripple Labs seems to have a decent shot at replacing Swift as the way that banks move money around globally. The way banks currently send money from one place to another is archaic and certainly needs to be changed. One of the biggest hurdles for mass adoption of Ripple’s XRP system, […]

Indian Indices Finish Flat; IT And Pharma Stocks Witness Selling

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

Share markets in India ended their trading session on a flattish note. Sectoral indices ended on a mixed note with stocks in the IT sector and pharma sector witnessing most of the selling pressure. Stocks from the energy sector were witnessing buying interest. At the closing bell, the BSE Sensex stood flat and the NSE Nifty closed down by 6 points (down 0.1%). The BSE Mid Cap index […]

Absolute And Relative Performance Of Apple´s Stock Price At All-Time Highs

Nov 14, 2018 Jeremy Parkinson Finance 0

Below is a monthly semi-log chart of Apple´s stock price. It is obvious that the trend is up. What is even more interesting is what the lower panel shows. It shows the relative performance of Apple´s stock price against the S&P 500 index. In the middle of this year, the ratio line rose above its […]

German Economy Shrinks For First Time In 3 Years As Car Production Collapses

Nov 14, 2018 Jeremy Parkinson Finance 0

After notching a tepid growth rate in the prior quarter, the Bundesbank’s warnings that the economic engine of Europe faltered during the third quarter have proved accurate. In what was its worst GDP print in three years, Germany saw its economy contract 0.2% in Q3, putting Europe’s strongest economy on the bring of a technical […]

USD/CAD Daily Analysis – Wednesday, Nov. 14

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

USD/CAD’s upside movement from 1.2782 extended to as high as 1.3263. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3170, below this level could bring the price back to the bottom of the price channel on the 4-hour chart.

EUR/USD: Correction On The Euro Following The Pound

Nov 14, 2018 Jeremy Parkinson Finance 0

Previous: On Tuesday the 13th of November, trading on the EUR/USD pair closed down. The euro rose against the dollar on the back of the pound’s recovery in the wake of further developments on Brexit. This led to a recovery for other majors, while exerting pressure on the greenback from all sides. Irish news outlet RTE […]

Gold Edges Up As Dollar Pulls Back From Multi-Month High

Nov 14, 2018 Jeremy Parkinson Finance 0

Gold prices rose $1.49 an ounce on Tuesday, snapping a seven-day losing streak, as the dollar took a breather after hitting a 16-month high. XAU/USD moved lower towards to the daily Ichimoku cloud as expected after prices broke below the $1203-$1200 zone. U.S. economic data due for release Wednesday is light and includes the consumer […]