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More Stock Gains

More Stock Gains

S&P 500 fulfilled my Sat call for consolidation Monday, and then that of the buyers slowly stepping in again – broadening rally, we didn‘t have to wait too long. Sat article features more of data and market reaction expectations:(…) Energy and materials of course continued standing out, and gold with silver breakout attempts were dialed back. […]
AUD/USD Advances To 0.6550 As US Dollar Eases, Australian Inflation In Focus

AUD/USD Advances To 0.6550 As US Dollar Eases, Australian Inflation In Focus

 Image Source: Pixabay   AUD/USD moves higher to 0.6550 as the US Dollar falls on the Fed’s confidence in inflation, declining to the 2% target. The Fed remains stuck with projections of three rate cuts in 2024. Investors await the Australian monthly CPI data for fresh guidance. The AUD/USD pair rises to 0.6550 in Tuesday’s early New […]
Spring Market Demanding More Realism

Spring Market Demanding More Realism

Nationally, the average Canadian home sale price in February 2024 was $719,400, -11.9% from the cycle peak of $816,720 in February 2022.Year-to-date, sixty percent of homes in the Greater Toronto Area sold below their asking price, 71% in Vancouver, and 48% in Calgary (the trend over the past three years is shown below). The average […]
EUR/USD Analysis: Dollar Remains Strong

EUR/USD Analysis: Dollar Remains Strong

The “EUR/USD” currency pair is at risk of further losses this week as the technical setup collapses, and that will not happen until Friday when the potentially market-moving US PCE inflation figure is released. Recently, the EUR/USD pair is stabilizing around 1.0835 at the time of writing the analysis, stable after sharp losses on the […]
Bank Of Japan Exits Negative Rates: What’s Next?

Bank Of Japan Exits Negative Rates: What’s Next?

Image Source: Unsplash  The Bank of Japan (BoJ) and the Japanese yen were closely connected with negative interest rates and yield curve control policy in the last few years. The aging population, deflationary pressures, and global economic shifts forced the Japanese government to implement various measures to stimulate growth, including monetary easing policies and structural reforms.However, […]
Low Affordability To Weigh On Eurozone Housing Market In 2024

Low Affordability To Weigh On Eurozone Housing Market In 2024

Image Source: Unsplash  One of the main reasons for last year’s decline in demand for housing loans was the declining affordability of residential real estate. This year, due to the prospect of recovering house prices and limited downside potential for mortgage rates, the expected rise in wages is unlikely to improve purchasing affordability of residential real estate. […]
Negative Equity Risk Premium Estimates Persist For US Equities

Negative Equity Risk Premium Estimates Persist For US Equities

The roaring US stock market has delivered red-hot gains in recent history but at the expense of future returns. That, at least, is one interpretation via earnings-yield and dividend-yield models that estimate the ex ante equity risk premium (ERP). Based on a specific run of number crunching, this pair continues to estimate a negative ERP.The […]
Apartment Supply Will Surge This Year

Apartment Supply Will Surge This Year

Over the last few weeks, we have shared information about the troubles facing the commercial real estate (CRE) market and the regional banks that made CRE loans (CRE Pain & CRE Loans). The problem for CRE investors and lenders stems from overbuilding over the last ten years and high vacancy rates due to the work-from-home movement. Apartment […]
Gold Commentary – Tuesday, March 26

Gold Commentary – Tuesday, March 26

Image Source: Pixabay  Gold Rallying on TuesdayGold prices are pushing firmly higher today, benefiting from weakness in the US Dollar through the European morning on Tuesday. The yellow metal had been weaker in recent sessions, weighed on by the post-FOMC uptick in USD. However, with the move having lost some momentum now, and gold prices remaining […]
Dollar’s Recent Gains Pared But Firm Undertone Remains Intact

Dollar’s Recent Gains Pared But Firm Undertone Remains Intact

Image Source: Pixabay  Overview: After surging last week, the dollar consolidated yesterday and is continuing to do so today at slightly lower levels. The Swiss franc is the only G10 currency unable to gain traction against the greenback today. Still, the dollar’s pullback has barely met the minimum retracement targets of the jump last Thursday and Friday. The […]