Archives by Month:

Archives by Year:

Profit Taken On GBP/USD Long, BoE Hints At Faster Rate Hikes

Profit Taken On GBP/USD Long, BoE Hints At Faster Rate Hikes

Governor Mark Carney said the BoE did not expect a disruptive no-deal Brexit, but if it happened, the central bank would be in uncharted territory and it was not possible to predict if rates would need to rise or fall in response. Brexit is dominating the outlook for the world’s fifth-largest economy which has slowed […]
Greenback Is Unable To Recover Ahead Of Jobs Report

Greenback Is Unable To Recover Ahead Of Jobs Report

Overview: The markets have taken an important step away from the edge. A major threat to investors has emanated from the US as the “America First” agenda meant trade tensions with nearly every country. Trump signaled yesterday of progress in talks with China, and today the press reports that Trump as instructed his cabinet to draw […]
Sensex Ends 580 Points Higher; Auto And Metal Stocks Witness Buying

Sensex Ends 580 Points Higher; Auto And Metal Stocks Witness Buying

Share markets in India continued their momentum during closing hours and ended the week on a strong note. Sectoral indices were trading on a positive note with stocks in the auto sector and metal sector leading the gains. At the closing bell, the BSE Sensex stood higher by 580 points (up 1.7%) and the NSE Nifty closed up by 173 points (up 1.7%). The BSE […]
GBP/JPY Rally Keeps Broader Bias Higher Towards 147.57 Area

GBP/JPY Rally Keeps Broader Bias Higher Towards 147.57 Area

GBP/JPY rally keeps broader bias higher with more strength towards the 147.57 level. Further out, resistance resides at the 148.00 level followed by the 148.50 level. A cut through that level will open the door towards the 149.00 level. Above here will aim at resistance the 14.950 level. Its daily RSI is bullish and pointing […]
Dividends By The Numbers For October 2018

Dividends By The Numbers For October 2018

Following what is seasonally the weakest month for dividend-paying firms in the U.S. stock market, October 2018 was, by comparison, solid but not spectacular. The following chart shows how the number of dividend increases and decreases announced during the month compares with all the previous months for which we have data. For October 2018, the chart shows […]
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades

US Approves Waivers On Iranian Oil Imports As Supply Panic Fades

With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to move lower. According to an anonymous “senior administration official”, the US will soon approve waivers for […]
Crumbling Piles Of Sand

Crumbling Piles Of Sand

Just a Little Avalanche or an Implosion? A few years ago, we briefly discussed the dynamics of sand piles in these pages, which are a special field of study in mathematics and physics (mathematically inclined readers can take a look at two papers on the subject here: ”Driving Sandpiles to Criticality and Beyond “ (PDF) and […]
Why American Consumers Are About To Be Blindsided By An Inflationary Shockwave

Why American Consumers Are About To Be Blindsided By An Inflationary Shockwave

While unsuspecting U.S. consumers continue to expect low, sub-2% inflation according to the latest YTD low breakeven rate, little do they know they are about to be blindsided by a coming inflationary shock, according to a new WSJ report which notes that many U.S. consumer staple and industry-leading companies are either already in the process of raising prices, or […]
Slightly Smaller Gas Injection Can’t Break Prices Up

Slightly Smaller Gas Injection Can’t Break Prices Up

After strength early this morning, the December natural gas contract settled down a bit less than a percent as record production numbers and bearish fundamental headlines outweighed a slightly smaller than expected storage injection as announced by the EIA.  In what was a new development, it was the February contract that saw the largest losses […]
Stocks And Precious Metals Charts – As The Blood Flows – Madness For Your Minds And Hearts

Stocks And Precious Metals Charts – As The Blood Flows – Madness For Your Minds And Hearts

“The mood among Germans is really bad.There is a lot of frustration and verrohung. The common people work and can hardly make ends meet. Envy and resentment are widely spread in Germany.When both the global financial crisis and the euro disaster come back with a vengeance, things will get pretty nasty.You don’t have to be […]