Category Archive: Finance
Turkey Is Buying Gold Like There’s No Tomorrow
In the past few weeks and months we have seen some reports wherein it became clear Germany is actually selling some of its gold on a monthly basis. That’s an interesting phenomenon as it’s weird to see a country secretly repatriating its gold which it starts to sell shortly afterwards. There’s no doubt it must have been […]
Back To Basics
Last week I tumbled down the rabbit hole of quantitative finance, so this week I thought that I would take stock on some of the main themes. The continued woes of the greenback are probably the main story for markets at the moment. It is driven by a number of factors as far as I […]
Australian Dollar On Watch For RBA Interventions After Debelle
Fundamental Australian Dollar Forecast: Neutral The Australian Dollar is in something of a sweet spot Rate differentials, local data and Chinese growth all look more supportive However, the RBA is clearly watching it very closely at current, high levels Late last week the biggest near-term risk facing rampant Australian Dollar bulls became clear: it’s the currency’s own […]
Bank Stock Roundup: Enough Positive Surprises In Q2 Despite Weakness, JPM & BAC In Focus
Over the last five trading days, major banks displayed a bearish trend. Though most banks which reported second-quarter 2017 results this week managed to beat estimates, concerns over the underlying weakness shadowed the optimism. Results demonstrated an upswing in loans and improved margins. However, lower treasury yields curbed the benefits. Additionally, rise in deposit balances […]
Forex Metrics And Chart Week 30 / 2017
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the CAD(3X) with the NZD(4X) followed by the EUR(2X) . The weaker currencies are the GBP(5X) followed by the USD(3X) and the JPY(2X). By diversifying a nice combination can be traded in the […]
Researchers Have Been Underestimating The Cost Of Wind And Solar
How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is of such low quality, because of its intermittency and other factors, that we should recognize the need for supporting services associated with actually putting the […]
Market Still On Track
Last week’s new high brought us closer to our projection and, as long as we do not see contradictory patterns, another high; and perhaps two more can be expected. Whether it’s one or two may depend on next week’s action. Friday’s minor correction found support where it should have and closed well, but the […]
Are Cryptocurrencies Bullish Or Bearish Right Now?
2017 is an incredible year for cryptocurrencies. Apart from huge price increases there has been lots of volatility. For traditional investors not familiar with cryptocurrencies it must feel like a huge casino. Nothing is further from the truth. The fact of the matter is that it is important to have a good understanding of why, […]
NZD/USD Surges To Fresh Highs But Caution Advised
Talking Points: NZ Finance Minister says strong NZD reflects strong economic fundamentals. NZD/USD trades at a 10-month high. Latest rally may need to consolidate before attacking fresh highs. Fundamental Forecast for NZD: Neutral The NZD got a fresh shot in the arm Friday after Finance Minister Steven Joyce said that he was concerned about the strength of the Kiwi […]
E Just How Transitory Is The Deceleration In Inflation?
Every time the monthly inflation numbers are released, central bankers seem to have an excuse for why their inflation targets are not met. The Bank of Canada raised its overnight rate last week in defiance of declining inflation rates. The Bank’s Governor Poloz cited that inflation was held down by “temporary “ factors, i.e. a […]
