Category Archive: Finance
How The Recent Executive Order Could Change The US Commodity Sector
Last week, a request from the Uranium Producers of America (‘UPA’) grabbed the headlines, as the organization was asking the US Department of Energy (DOE) to suspend the sale of (physical) uranium on the spot market. The UPA correctly described the status of the US based Uranium producers as ‘fragile’, and it’s pretty clear the […]
Oil’s Near-6% Drop May Pave The Path For Improving Fundamentals
Fundamental Forecast forUSOIL: Neutral Talking Points: North American Oil Production at highest output levels since August 2015, per EIA Crude Oil Price Forecast: Downside Stalls on OPEC Favoring Extension Sentiment showing retail traders flipped to net-long favoring ST downside per contrarian effect Baker Hughes Rig Count Rises 5 Total to 688, 1 Added In Permian, […]
Trader: Don’t Let Those Darn French People Ruin Your Weekend
Former FX trader Mark Cudmore seems like a really affable guy (bless his heart). Definitely not the “Debbie Downer” type. He’s variously described himself as a “permabull” which is why, earlier this year, we thought maybe it was time to ring the alarm bells when he got “worried” about US equities in late January. But […]
E Despite Privacy Issues, Here’s Why I Still Like Facebook
As a social media company Facebook (FB) has a lot of spotlights shown on it whether for good or for bad. But as a part of everyone’s daily life the company realizes that it is a big part of society and can be pulled into civil situations which it never intended to enter because of […]
Valeant’s $3,500 Sticker On Siliq Could Trigger A Pricing War With Lilly, Novartis
Written by Tracy Staton (FiercePharma.com) Valeant Pharmaceuticals (VRX), one of the most obvious price-hiking offenders of the last couple of years, has just unveiled the sticker on its new psoriasis drug, Siliq—and it’s the lowest in the market for next-gen meds. At least that’s what Valeant said Friday in announcing a $3,500-per-month list price for […]
French Elections: These 8 Brokers Made Changes To Leverage, Limits And More
The French presidential election is the No. 1 political event of the year and could have a profound impact on the European Union and the euro. Forex brokers are bracing themselves for big movements. The “nightmare scenario” of Le Pen vs. Melenchon could have the strongest effect, but there are three additional scenarios in our preview. Some […]
Canadian Dollar Likely To Weaken Further As March Low Nears
Fundamental Forecast for CAD: Bearish Lower oil price undercuts the Loonie. US-Canada trade worries continue to weigh on the currency. See the DailyFX Economic Calendar and see what live coverage for key risk event impacting FX markets is scheduled for next week on the DailyFX Webinar Calendar. The Canadian dollar looks likely to test its […]
EC Earnings Growth Accelerates In Q1
We get into the heart of the Q1 earnings season this week, with almost 800 companies reporting results, including 191 S&P 500 members. By the end of this week, we will have crossed the halfway mark in the Q1 reporting cycle, at least for the S&P 500 index, and will have a far clearer view […]
Is China Trying To (Slowly) Burst Another Stock Market Bubble?
The pressure point in Asian stock markets this week has been the decline in Chinese equities (the biggest weekly drop in 4 months). Despite a stellar performance of the economy, the outlook for the Shanghai Composite Index isn’t promising as the government is taking advantage of better growth to spur deleveraging. For a market […]
