Category Archive: Finance
US Dollar May Fall Further As Soft Inflation Cools Rate Hike Bets
A lull in top-tier European event risk is likely to see traders looking to US CPI data as the next important inflection point. The headline year-on-year inflation rate is expected to fall for a fourth consecutive month to register at 1.7 percent, the lowest since November 2016. A soft result may cool Fed rate hike speculation further, […]
Lose Lose Lose Affair: Farm Lobby Turns Up Heat On Trump Over NAFTA
If Trump decides to stick it to Mexico in the upcoming NAFTA talks, US farming industry will take a hit. In advance of the talks, the Farm Lobby is Pressuring Trump. Trump blames the North American Free Trade Agreement – the “worst trade deal ever” in his words – for millions of lost manufacturing jobs and promises […]
Indian Indices Trade Flat; Realty Stocks Witness Selling
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the capital goods sector and realty sector witnessing maximum selling pressure. Healthcare stocks are trading in the green. The BSE Sensex is trading down 93 points (down 0.3%) and the NSE Nifty is trading down by 29 points (down 0.3%). The BSE Mid Cap index is trading down […]
USD/JPY Builds Potential Head And Shoulders Reversal Chart Pattern
USD/JPY 4 hour The USD/JPY broke back above the resistance trend line (dotted red) and could be retracing within a wave 2 (orange). The structure is valid unless price manages to break above the 100% level, which would invalidate the wave 2 and potential reversal for a new downtrend. There is also a potential for […]
GBP: Is BoE The Next Central Bank To Raise Rate; What’s Next For GBP? – BTMU
The pound is a bit confused with the talk coming out from the Bank of England. What’s next? Here is their view, courtesy of eFXnews: BTMU FX Strategy Research notes that the BoE appears likely to be the next G10 central bank to begin raising interest rates which should offer more support for GBP heading into […]
Stock Exchange: Trading The Earnings Season
Can You Profit from Trading the Earnings Season? Four times a year there is a confluence of corporate earnings reports. It can create turbulence for the overall market as well as the individual stocks. Is there anything we can do to take advantage of this avalanche of breaking news? We have advice from several experts, […]
WTI Crude Oil And Natural Gas Forecast – Friday, July 14
WTI Crude Oil The WTI Crude Oil market rallied on Thursday, after initially dipping down towards the $45 level. We bounced enough to reach above the $46 level, and I think that any rally at this point is going to start running into a significant resistance. The $47 level above should be a bit of […]
Beware… We Face The Greatest Turning Point In October
Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course). The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months. […]
Crude Oil Prices Rise Despite Oversupply Worries, US CPI On Tap
Crude oil prices turned higher even as the IEA warned that global market rebalancing has become less certain. The agency cited increasing OPEC output despite a cartel-led production cut effort even as more swing supply – particularly from the US – comes online. This has derailed efforts to drain bloated stockpiles. Seemingly counter-intuitive price action may reflect corrective flows triggered […]
A Look At How Small Businesses Are Doing
The chart below shows a new tailwind the stock market has going for it now that the earnings recession is over. As you can see from the chart on the top, the green line showing operating earnings has surpassed the combination of dividends and buybacks. This decline in capital returned to shareholders is only because […]
