Author Archive: Jeremy Parkinson
The Turkish Lira Rises After A Day Of Higher Interest Rates
The Turkish lira rose on Friday, a day after the central bank raised the benchmark interest rate by 625 basis points in the biggest increase of its kind in the 15-year rule of President Recep Tayyip Erdogan. The key rates are now at their highest level since 2004, almost a year after Erdogan’s first term in office. […]
WestRock Company Is A Wrap!
The materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; gold; specialty chemicals; steel. Today I’m reviewing a mid-cap packaging and containers firm named WestRock Company. It’s trading ticker symbol is WRK. WestRock […]
Stocks For You To Swing-Trade: NVDA, CSCO, ADI
Friday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Nvidia (NVDA) Long Cisco Systems (CSC) Short Analog Devices (ADI)
Bullish GBP/USD Testing Tops And Support Of Wave-1
GBP/USD 4 hour Source: Admiral Markets MT5 with MT5 GBP/USD motive wave – 14 September 2018 at 6:00 AM GMT The GBP/USD is challenging the resistance trend line (red), where a bullish breakout could see the price continue to the Fibonacci targets of wave Y vs W, whereas a bearish bounce could see a move back to the support trend line […]
US Dollar May Rise Anew As Fed Outlook Firms In Risk-On Trade
The sentiment-geared Australian and New Zealand Dollars outperformed as risk appetite swelled in Asia Pacific trade. A catch-all gauge of regional stocks’ performance from MSCI rose 1.5 percent. Taken together with Thursday’s similarly impressive gains, that sets the stage for the best two-day run in seven months. Upbeat Chinese economic data appear to be behind investors’ chipper mood. […]
Sensex Trades Strong; Power Grid & Vedanta Rally
Stock markets in India are trading higher on firm rupee and positive global cues. Gains are largely seen in realty stocks and power stocks. The BSE Sensex is trading up by 175 points and the NSE Nifty is trading up by 74 points. Meanwhile, the BSE Mid Cap index and the BSE Small Cap index both are trading up by 1.2%. The rupee is trading at 71.81 […]
Gold Prices End Three-Session Streak Of Gains
Gold prices dropped $4.55 an ounce on Thursday, pulling back after posting gains for three sessions in a row, as worries over trade tensions between the U.S. and China sapped demand for the precious metal. U.S. President Donald Trump cast doubt on the possibility of a breakthrough in trade talks with China, saying that the […]
Chinese Data Dump Shows Continued Slowdown In Local Economy
One month after China’s latest data dump disappointed across the board, the National Bureau of Statistics, released the latest Retail sales, Industrial output, and Fixed investment data, which was a modest improvement with 1 beat, 1 meet, and 1 miss as follows: China Jan.-Aug. Fixed Investment Miss; Rises 5.3% Y/Y; Est. 5.6% China Aug. Industrial Output […]
AUD/USD Daily Analysis – Friday, Sept. 14
AUD/USD is facing 0.7235 resistance, a breakout of this level would indicate that the downside movement from 0.7381 had completed at 0.7085 already, then next target would be at 0.7300 area. Near term support is at 0.7160, only a breakdown below this level could trigger another fall towards 0.7100.
Household Income Up But Median Earnings For Men -5.73% Since 1973: Women +33.99%
Real median earnings for men are down 5.73% since 1973. Median earnings for women are up 33.99%. Inquiring minds are diving into the Census Department report on Income and Poverty in the United States: 2017. By race, real median household income is rising across the board, as shown in the above chart. Appearances deceive as the […]
