Category Archive: Finance
Forex Week In Review – March 21, 2016
Last week was another mixed affair for the world’s major markets. The oil price continued to consolidate further, strengthening speculation that the price has bottomed out. In Europe over the course of the week, the FTSE was up by 0.81%, it closed at 6189.6; the Dax ended at 9950.8, up by 1.2% on last week’s […]
BoJ’s Patience Running Thin – USD/JPY To Prove Testy Around ¥110.00
One long-standing axiom of markets, at least during the QE years, is being tested in real time, and it’s making Bank of Japan policymakers (and at this point, politicians too) nervous: the Japanese Yen shall fall when equity markets rally. After weeks of central bank action surprising on the dovish side, market participants have been left scratching […]
Sterling Slides On Tory Party Discord
The US dollar is beginning the week mostly firmer against the major and emerging market currencies. The Japanese yen, where local markets were closed for the spring equinox is up slightly, and the Australian dollar turned higher in the European session. However, sterling has remained under pressure from the start. Ian Duncan Smith’s resignation […]
European Stocks To Open Lower As Oil Slips
European markets are expected to open lower on Monday, following mixed trade in Asia and a drop in oil prices that continues to hit investor sentiment in global markets. London’s FTSE 100 is seen off 31 points at 6,159; France’s CAC 40 is expected to open 24 points lower at 4,438, while Germany’s DAX is […]
45? It’s Not Too Late To Retire A Millionaire – Here’s How
Written by Eric Nelson Are you way behind in saving for retirement, or haven’t started at all? Good news: There’s a way out of your predicament! Follow these three basic principles religiously and, along with a little luck, you still should be able to achieve your long-term financial goals. What if you’re about 45 today and […]
Fed Remains Cautious, Keeps Interest Rates Unchanged
U.S. interest rates were left unchanged at 0.5% during Wednesday’s Federal Reserve (Fed) meeting. The Fed stated that unemployment is getting better but they are waiting for inflation to meet the 2% target set by them. Moreover, the U.S. policymakers forecast that the economy will continue growing at a moderate pace. Fed raised interest rates […]
Silver Gone Wild Report
Early on Monday morning (Arizona time), silver began to rise. From its close on Friday of $15.46, itran up to $15.82. Then it began to slide, eventually dropping to $15.17 by midmorning on Wednesday. Then… *BAM* The Fed said not a lot. It will go on manipulating the rate of interest rate to the same level as it […]
Fractional Reserve Banking – An Interview With Claudio Grass
The Swiss “Vollgeld” Initiative Revisited Bloomberg has numerous offices around the world, many of which appear to have quite an independent streak, at least that is our impression. Readers who occasionally watch clips from Bloomberg’s Asia Edition are probably aware of this. One can often see in-depth interviews there with people who espouse views far […]
Chart Of The Week – Soaring C&I Loans – Corporate Execs Steal It While They Can
Look what’s happening with Commercial and Industrial Loans. They are soaring at an 11% rate.But that money is not going toward investment in the expansion of business. Too much of it is being used for financial engineering, as corporate executives use the finds to buy back their stock options, thus lining their own pockets while […]
Forex Critical: Speculators Beat A Major Retreat From Bearishness On The British Pound
A bottom for the British pound just got more likely. The latest data from the CFTC shows that net speculators beat a major retreat from net short positions against the British pound: Bearish sentiment is suddenly in major retreat on the British pound (FXB) Source: Oanda’s CFTC’s Commitments of Traders The chart shows that speculators have […]
