Author Archive: Jeremy Parkinson
5-Year Treasury Market’s Inflation Forecast Dips To 3-Month Low
Economists are expecting that US consumer inflation will hold steady in tomorrow’s July update while Fed funds futures are pricing in another rate hike at next month Federal Reserve meeting. Yet the implied inflation outlook via 5-year Treasuries bears watching in the days ahead as it suggests that a new round of disinflation could be […]
Rub US The Wrong Way
As crypto prices continue to fall, the news coming in from the industry is still resoundingly good. Positive developments on the ground are being announced at a rapid rate. The most intriguing IMHO of which has come from Microsoft. Without getting too technical, this new enterprise-ready product is about to make it a whole lot easier for organizations […]
Sterling Remains Under Pressure, While The Greenback Firms Broadly
The global capital markets are mostly quiet. US sanctions on Turkey and Russia are pressuring their respective currencies, and the New Zealand dollar has slumped nearly 1.5% on the back of a dovish hold by the central bank. The Kiwi is at 2.5-year lows near $0.6650. Sterling is lower for the sixth consecutive session amid […]
USDCAD Daily Analysis – Thursday, August 9
USDCAD dropped sharply from 1.3119 after breaking above 1.3096 resistance, suggesting that the pair remains in the downtrend from 1.3289. Deeper decline to test 1.2961 support is possible and a breakdown below this level could trigger further downside movement towards 1.2850. Resistance is now at 1.3119, only a break of this level could take the […]
EURUSD: The Target Of 1.1665 Remains In Force
Previous: On Wednesday the 8th of August, trading on the euro closed slightly up. High volatility on the market was observed during the European session. The euro rose from 1.1573 to 1.1628 amid a lack of important events and news concerning Sino-US trade relations. The Chinese authorities announced the introduction of import duties on goods from […]
WTI Crude Oil And Natural Gas Forecast – Thursday, August 9
WTI Crude Oil The WTI Crude Oil market fell rather significantly during the trading session on Wednesday, and then got an extra boost as although inventory was taken out in the United States, it was only about half of what had been anticipated. Because of this, it shows a slowing of demand, and most certainly […]
Kiwi Slumps After A Dovish Statement By Reserve Bank Of New Zealand
The New Zealand dollar – also known as the kiwi- nosedived today after the Reserve Bank of New Zealand (RBNZ) released its monetary policy decision. In the decision, the bank left interest rates unchanged, which was expected. The lower movements of the kiwi were because of the bank’s statement that the low interests would remain […]
10 Cryptocurrencies Shown As Real Bank Notes
It’s getting harder and harder to ignore the world of cryptocurrencies as they start to have a real impact on the fintech community and the wider world. That’s only likely to increase, so there’s no excuse for not knowing enough about them to see how they might apply to you and your business. However, cryptocurrencies can often […]
Sanchez Produces And Transports Oil And Gas
Today I’m reviewing a large-cap oil & gas midstream firm by the name of Sanchez Midstream Partners LP. Its trading ticker symbol is SNMP. Sanchez Midstream Partners LP is a US based company, focused on the acquisition, development, ownership and operation of midstream and other oil and gas producing assets. It operates in two segments, […]
Bitcoin: ETF News Is Everything That Matters – Here Is Everything You Need To Know
Many factors are moving the price of Bitcoin and other cryptocurrencies such as Ethereum and Ripple. Real-world usage, regulation, hacks, scaling, transaction times, transaction costs, and you name it. However, one specific question has come to dominate the scene: will a Bitcoin ETF be approved? 1) What is an ETF? An exchange-traded fund (ETF) is an investment fund that […]
