Category Archive: Finance
Gold Prices Rise As Soft US Data Cools Fed Rate Hike Bets
Gold prices soared after a disappointing round of US economic data cooled Fed rate hike speculation, pushing the US Dollar lower alongside front-end Treasury yields (as expected). Not surprisingly, that increased the appeal of anti-fiat and non-interest-bearing assets including the yellow metal. From here, a lull in top-tier scheduled event risk may put risk appetite trends in control of […]
Global Inflation Trends
Recently the main talk in markets was reflation, but about 2 years ago everyone was talking about deflation: why deflation was structural, all the thematic aspects of deflation, and new normal and new paradigms. But in the end, it appeared to be cyclical or transitory – as the chart below shows. The chart shows the proportion of […]
BOE Warns Popular 35-Year Mortgages Shackle Consumers With “Lifetime Of Debt”
Consumers in the UK have been on a credit binge since the Bank of England cut its benchmark interest rate to an all-time low as investors braced for the widely anticipated economic shock of Brexit – a shock that, unsurprisingly, has yet to arrive, despite warnings from the academic establishment that a “leave” vote would […]
Dollar Starts Week With A Struggle
The dollar hovered near a 10-month low during early Asian trading as investors continued to doubt whether the United States would tighten monetary policy as aggressively as originally expected. Data out of the U.S. late last week showed disappointing readings for consumer prices and retails sales which started the dollar’s struggle and called Federal Reserve […]
EC HH Can Japan End Its Easy-Money Addiction?
The shock landslide defeat of PM Shinzo Abe’s Liberal Democratic Party (LDP) in the recent Tokyo metropolitan elections — and the triumph there of Tokyo Governor Koike’s new party (Tomin First) — has lit a faint hope that the radical Japanese monetary expansion policy could be on its way out. The flickering light though is not strong […]
Weekly Gold Forecast – Monday, July 17
Gold prices settled at $1228.82 an ounce on Friday, gaining 1.35% on the week, as the dollar fell after weaker-than-expected U.S. inflation data reduced the market’s expectations for a Federal Reserve interest rate hike by September. In a congressional testimony last week, U.S. Federal Reserve Chair Janet Yellen sounded a more dovish tone on monetary […]
Indian Indices Trade On A Flat Note; IT Stocks Witness Buying
Share markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the IT sector and metal sector witnessing maximum buying interest. FMCG stocks are trading in the red. The BSE Sensex is trading up 63 points (up 0.2%) and the NSE Nifty is trading up by 21 points (up 0.2%). The BSE Mid Cap index is trading down by […]
EUR/USD: Correction Expected After Friday’s Rally
Previous: On Friday, trading on the euro closed up against the US dollar. The price rose sharply after the release of US data. The consumer price, retail sales and Michigan University indices did not match up to expectations. US 10Y bond yields fell by 2.6% on this news, reaching 2.27%. The euro rate restored to […]
Stockholm Syndrome Gold Report
Stockholm Syndrome is defined as “…a condition that causes hostages to develop a psychological alliance with their captors as a survival strategy during captivity.” While observers would expect kidnapping victims to fear and loathe the gang who imprison and threaten them, the reality is that some don’t. There is a loose analogy between being held hostage and […]
E With Gold Stocks So Bearish Are Their Internal Signs Indicating You Shouldn’t Be?
This week we are going to look at gold from a different perspective— the intrinsic value perspective. I will then introduce a unique unknown fund to invest in the precious metals and resource development sector. It is an incredible opportunity which invests your money right alongside the premier resource investor of this generation. I will […]
