Category Archive: Finance
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 […]
The AUD/USD At 0.78? Well That Escalated Quickly
The Australian dollar shot up to 0.7834 AUD/USD following poor and disappointing US economic and inflation data released on Friday. This inflation data is likely to complicate the Fed’s path of monetary tightening and retail data suggests that Americans are pulling back their spending. The discouraging data indicated that last month was only the fifth […]
GBP/USD Breaks Above Key 1.30 Resistance With Sturdy Impulse
GBP/USD 4 hour The GBP/USD broke sturdily above the previous top which is indicated by the dotted red trend line. The breakout candle is showing strong momentum, which could indicate that the Cable could continue towards the Fibonacci targets of wave 5 vs 1+3. 1 hour The GBP/USD is in a wave 3 (purple) momentum […]
Why Jobs Growth No Longer Induces Wage Growth In America
Or The Eclipse of the Phillips Curve in America While the Fed’s continued tightening may suppress growth in emerging economies, US labor market may not be as strong as recent reports suggest. US experienced strong job growth in June, when the economy created 222,000 net new jobs, which exceeded analyst expectations. At the Federal Reserve, […]
Macro Mondays: Jensen’s ‘Alpha’
It’s no coincidence that many investment publications refer to alpha as the end all be all for investors. The reason? It’s an easy way to determine if the investment (namely a mutual fund) is earning the kinds of returns you would expect given a certain level of risk. Risk-adjusted returns are very important to consider […]
