Author Archive: Jeremy Parkinson
Alleged “Bond Shortage” As Japan Cruises Towards One “Quadrillion” Yen Of Negative-Yielding Bonds
Bond Shortage! On Friday, yield on Japanese 10-year bonds hit a record low -0.135%. According to Bloomberg, the chief strategist of Bank of America Merrill Lynch in Tokyo stated those 10-year bonds look “relatively cheap”. Supposedly they are relatively cheap compared to “other tenors”. I presume he means 20-year securities yielding a record low 0.29%. […]
EUR/USD And GBP/USD Forecast For March 18, 2016
EUR/USD The EUR/USD pair broke higher during the course of the session on Thursday, as we continue to see quite a bit of bullishness in this pair. We initially pulled back to the 1.1050 level below, and as a result we found buyers step into this market. This is especially true considering that the Federal […]
Is Fintech The Next Hot SPAC Market?
Written by Amy Cortese The name said it all. FinTech Acquisition Corp., a $100 million special purpose acquisition company, or SPAC, was created last year by banking executives to acquire a company in the booming financial tech space. And on March 9 it did just that, snagging CardConnect, a Pennsylvania-based payments processor, for $350 million in cash […]
Which Financial Sites Are Being Blocked In China?
By Lorimer Wilson Why should I have been concerned about whether or not my site was one of those being censored by the authorities there? Well, I spent amonth in China travelling extensively throughout the country to get an on-the-ground first hand and in-depth understanding as to the health of its current economy and its prospects for […]
Federal Reserve Leaves Interest Rate On Hold
In December 2015, the US Federal Reserve ended its policy of a near zero interest rate which had been in place for seven years, marking the first hike in interest rates in nearly a decade (June 2006). The decision to start the process of “normalising” interest rates had been long awaited and anticipated ever since […]
Is The USD Rally Over For Good Or Over For Now? – SocGen
The Fed took the extreme dovish path, hitting the dollar hard. Is this is an even more significant change? The team at SocGen weighs in: Here is their view, courtesy of eFXnews: The term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries […]
A Bear Market Rally?
Mixed markets often lead to a debate over the primary trend. Bearish pundits insist: This is just a bear market rally.It can be sharp and strong, but overall conditions are still bearish. Bullish pundits suggest the opposite: There is a strong bullish trend.Some dips occur, but these are merely buying opportunities. Both traders and investors […]
Binary Options Trading Opportunities – March 18, 2016
During the day on Friday, we had several announcements but nothing that is a huge concern. Because of this, we believe that the market will be very technically driven. Silver looking to break out Silver markets had a very strong session during the day on Thursday, cracking above the $15.80 level. Because of this, we […]
Bulls: Nothing Can Stop Us
To my thinking once again, the best bulls can do is take us back to the ugly and unproductive trading range of 2015 & early 2016. Savant, I am not. I adhere to the philosophy of economist Edgar Fielder who stated: “If you must forecast, forecast often”. There is no economic data or earnings to […]
