Author Archive: Jeremy Parkinson
Doomsday Anniversary
Tomorrow marks the 10th anniversary of the financial crisis. The International Monetary Fund has sent out a quick poll on Twitter today. Though there are still a few hours until the poll ends, it seems like the answer they’re getting isn’t exactly what they were looking for… Former Fed Chair Janet Yellen has famously said that “there will not be another […]
WTI Crude Oil And Natural Gas Forecast – Friday, Sept. 14
WTI Crude Oil The WTI Crude Oil market broke down on Thursday, breaking the bottom of the shooting star from Wednesday which of course is a very technically bearish signal. However, that doesn’t necessarily mean that the trend is going to change soon, it just simply means that a pullback was somewhat imminent. We have […]
Sensex Ends 373 Points Higher; Realty & Power Stocks Witness Buying
After opening the day marginally higher, Indian share markets continued their momentum and ended their day on a positive note. All sectoral indices were trading in green with stocks in the realty sector, metal sector and power sector leading the gains. At the closing bell, the BSE Sensex stood higher by 373 points (up 1%) and the NSE Nifty closed higher by 145 points (up 1.3%). […]
Dollar Suffers Biggest Weekly Drop Since February, Pushing Global Markets Higher
The dollar headed for its worst weekly loss since February following slowing inflation data out of the US and amid bets that other major central banks will start to normalize monetary policies, helping global stocks extend their lead as the MSCI All-Country World Index gained 0.3%. The bout of dollar weakness helped the MSCI Asia […]
E Markets: Decisions
The trust but verify mood to markets is notable today. China-US trade talks restarting set the mood over the last 48 hours to embrace risk and search for value trades. The Turkish Central Bank hiking rates to 24% stabilized TRY further adding to the sense that we are in the reversion cycle over the fear one for […]
Dollar Losses Extended – Friday, Sept. 14
The US dollar remains on the defensive after retreating yesterday. Its losses against the most of the major and emerging market currencies are being extended today. The combination of softer US inflation coupled with a less dovish than expected ECB, a Bank of England lifting growth forecasts, while warning that a Brexit without an agreement could […]
How Long Will Natural Gas Be A Bridge Fuel?
In a previous article, I addressed the reality that natural gas is already serving a bridge fuel between a past powered by coal and a future powered by renewables. Today, I want to discuss the factors that will influence the length of that bridge. Coal is a source of firm power, which means power that is guaranteed […]
USD/CAD Weekly Analysis – Friday, Sept. 14
USD/CAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.2900 area. Only a clear […]
Gold Bulls: Don’t Count On Yield Curve
Are we going to fall into the trap of a self-fulfilling prophecy? Could investors trigger recession only because they are so worried about inversion of the yield curve? We invite you to read our today’s article about the yield curve and find out whether the popularity of the yield curve as an indicator of recession […]
Honest Work For Dishonest Pay
Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there are wonders and miracles above and beyond 24-hour home deliveries of Taco Bell via DoorDash. […]
