Category Archive: Finance
EC An Increasing Dividend Payout Ratio Is A Positive Indicator For The Market
Admittedly, in an equity market run investors are currently experiencing, i.e., the second longest run without a 20% pullback, a common theme that continues to seep into ones thinking, including mine, is when is the market going to experience a bear market correction of 20% or more. Even a double digit pullback is a scarcity as […]
The Alternative Future Where GE Didn’t Cut Its Dividend
The third week of October 2017 saw the S&P 500 close at a new all time high on each day of the week, which is the first time that’s happened since 1998. In the meantime, the trajectory of the S&P 500 continues to track along the top edge of the range we first forecast back in early September 2017. […]
Will The ECB Send EUR/USD Higher?
The euro is bracing itself for the big event of the week: the decision of the European Central Bank on Thursday. Will Draghi send the common currency higher? Here is their view, courtesy of eFXnews: EUR/USD: ECB To Sow The Seeds For EUR Next Leg Higher – SocGen Societe Generale Cross Asset Strategy Research discusses the […]
FX Week Ahead: ECB To Overshadow The BoC And Riksbank
The week ahead will be marked by central bank meetings that include the BoC, the Swedish Riksbank, and the ECB. The ECB’s meeting will, however, dominate the wires. On the economic front, the US and the UK’s advance GDP reports will be coming out alongside the quarterly inflation data from Australia. Here’s a quick […]
EUR/USD Daily Analysis – Monday, October 23
EUR/USD moved sideways in a trading range between 1.1730 and 1.1879. As long as 1.1730 support holds, the side movement could be treated as consolidation of the uptrend from 1.1669 and one more rise towards 1.2029 resistance is still possible. Near term resistance is at 1.1879, a breakout of this level could signal resumption of […]
Here Is The IMF’s Global Financial Crash Scenario
Hidden almost all the way in the end of the first chapter of the IMF’s latest Financial Stability Report, is a surprisingly candid discussion on the topic of whether “Rising Medium-Term Vulnerabilities Could Derail the Global Recovery”, which is a politically correct way of saying is the financial system on the verge of crashing. In the […]
Weekly Gold Forecast – Monday, October 23
Gold ended the week down 1.77%, giving up most of the previous week’s gains, as a rally in the U.S. dollar index weighed on the market and drew investors away from the precious metal. The American dollar got support from fresh economic data helped boost expectations for a U.S. Federal Reserve interest rate hike in […]
US Dollar Momentum Building; Q3 GDP, Fed Chair Announcement Possible
Fundamental Forecast for EUR/USD: Neutral – The US Dollar was the best performing major currency last week, but gained the most ground against two currencies facing political risk, the Japanese Yen and the New Zealand Dollar. – US Treasury yields continue to edge higher, reflecting improving growth and inflation expectations on the back of signs tax reform legislation will be passed […]
Gold Sets Up To Weaken Further
Gold: The commodity reversed its previous week losses to close lower on Friday. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen […]
What The ECB Will Announce This Week: A Summary Of All QE Tapering Scenarios
The main risk event in the coming week, in addition to a barrage of corporate earnings, will be the ECB’s long-awaited announcement of what the central bank’s QE tapering will look like. Conveniently, thanks to a trial balloon released on October 12, we already know the general parameters of this phasing out of monetization: ECB officials […]
