Author Archive: Jeremy Parkinson
Silver Price Forecast 2017/2018: Silver Prices Likely To Rise In A Concentrated Manner
Silver Price Forecast 2017 / 2018 Silver Prices Likely To Rise In A Concentrated Manner The long-term view of silver is extremely bullish, given that it is one of the most undervalued metals, today. It is evident that ideal economic conditions are present, for silver prices to rise for many years to come: All-time low […]
Sensex Finishes In Red; Realty Sector Tanks 3.8%
Indian share markets trimmed their morning gains and finished in red due to heavy selling in realty stocks and metal stocks amid mixed global cues. At the closing bell, the BSE Sensex stood lower by 95 points, while the NSE Nifty finished down 34 points. Meanwhile, the S&P BSE Mid Cap and the S&P BSE Small Cap finished down by 0.6% and 0.7% respectively. Indian markets are hovering […]
Bank Stock Roundup: JPM, WFC, C, PNC Kickstart Q1 Earnings With Optimism
Over the last five trading days, Q1 earnings season commenced with a bang for the banking stocks. Earnings reports from some mega banks reflect easing margin pressure and continued expense management. Moreover, banks reported a rise in trading income as heightened uncertainty related to potential policy changes led to a significant rise in client activity. […]
Global Stocks Slide As Iron Ore Crashes; Pound Jumps After UK Calls Snap Elections
European stocks slide as traders returned from a 4-day Easter holidays, Asian equities likewise drop pressured by the ongoing rout in iron ore, while U.S. stock-index futures point to a lower open. British markets were roiled after U.K. Prime Minister Theresa May said she would seek an early election on June 8, in a move […]
5 Reasons Why The UK Elections Should Be Pound Positive
UK Prime Minister Theresa May surprised the world and announced a snap election on June 8th. With Labour’s consent, the elections will indeed be held on June 8th. May made a calculated gamble to head to the polls. She is aware of her high popularity and is likely to win. GBP/USD is already on the rise, topping 1.2665. Here are […]
May Announces UK Elections On June 8th – GBP/USD Recovers
An end to the rumors that weighed on the pound: Theresa May met the press and announced general elections for June 8th. The press conference was announced only two hours in advance and was accompanied by many rumors. Theresa May seeks a new mandate to pursue Brexit. Brexit negotiations would have been hampered by a later […]
US Dollar Consolidates Yesterday’s Gains
The US dollar is consolidating the gains scored late in the US session yesterday in response to a Financial Times interview with US Treasury Secretary Mnuchin who seemed to play down the strategic importance of Trump’s recent complaint about the greenback’s strength. Mnuchin spun Trump’s comments to be consistent with his own earlier comments that a strong […]
McDonald’s To Have Mobile Ordering At All U.S. Restaurants By Year’s End
On Monday, McDonald’s (MCD) announced that it will be the first fast food chain to have mobile ordering at all U.S. restaurants by the end of the year. Many competitors are also on the move with their own systems, but will be behind schedule. The drive to improve speedy service may ultimately translate to an […]
Theresa May Calls For Snap UK General Election On June 8
In a stunning development, Theresa May announced she would seek an early general election for Britain on June 8 to obtain a direct mandate to take the country through the Brexit divorce with the EU. The decision, which comes just three weeks after the prime minister began the formal Brexit process, has shocked British politicians […]
Mortgage Delinquency Rates Increase & 3x ETFs
Delinquency rates in Single Family Residential Mortgages and other Consumer Loans began to climb through the later half of 2016 and early 2017. The timing of this delinquency rate increase coincided almost identically with the Fed increases in their Funds Rate. Additionally, commercial loan origination stalled for the first time since 2008-2011 (prior to that […]
