Category Archive: Finance, No picture
Sensex Ends 118 Points Higher; Realty And Banking Stocks Witness Buying
Indian share markets continued to trade on a positive note during closing hours of trade and ended the day marginally higher. Gains were largely seen in the realty sector, consumer durables sector, and banking sector, while telecom stocks witnessed selling pressure. At the closing bell, the BSE Sensex stood higher by 118 points (up 0.3%) and the NSE Nifty closed higher by 40 points (up […]
Fed Chairman Powell Expressed Confidence In The US Economy
With unemployment likely to continue at record low levels, growth continuing, and inflation near the central bank’s 2% target, Long USD/JPY? During a question-and-answer session on Wednesday in Dallas, Fed Chairman Jerome Powell said the US economy is strong but could face potential headwinds, particularly from abroad. Powell enumerated a set of concerns that have […]
Digital Money And Payments
New technologies in the financial sector are opening the door for potential disruptions: cryptocurrencies, M-Pesa, WeChat,… Many of them are seen as alternatives to either traditional currencies issued by central banks or to the intermediation role played by commercial banks. In this discussions, there is often the assumption that “money” and “payments” are features that […]
President Trump’s Impact On Oil Prices
Is President Trump responsible for falling oil prices? Partially, but not for the reasons he thinks. Oil prices are now down over 20% from recent highs, and President Trump knows exactly where the credit for that belongs. “If you look at oil prices they’ve come down very substantially over the last couple of months,” President […]
USD/CAD Daily Analysis – Thursday, Nov. 15
USD/CAD stays a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2782. As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 1.3300 area. Near term support is at 1.3170, below this level could bring the price […]
The New China And Gold
China has developed tremendously in recent years. But what’s next? Is the country entering the growth recession? And how it will affect the world and the gold market? A New Chapter in China We have not analyzed the publications of the World Gold Council for a while. Let’s make it up, starting with the newest edition of Gold […]
AUD/USD Daily Analysis – Thursday, Nov. 15
AUD/USD’s bounce from 0.7164 extended to as high as 0.7278, breaking above 0.7250 resistance. Further rise towards 0.7302 previous high is possible and a breakout of this level could take the price to 0.7350 area. Support is at 0.7200, only a breakdown below this level could trigger another fall towards 0.7100.
E CenterPoint Delivers Gas, Electric & Energy Services
This week I’m seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio. That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water. Today I’m reviewing a Large-cap regulated gas company, named CenterPoint Energy Inc. Its trading ticker symbol is CNP. CenterPoint Energy Inc […]
Gold Oil And Commodities… Back To The Future?
Before we look at tonight’s charts I would like to take a minute to discuss trading the three X leveraged ETF’s. Leveraged ETFs aren’t for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the […]
The Obvious Politics Of Downturn(s)
There was more than enough evidence that QE didn’t work fifteen years ago. The Japanese had accumulated these monetary experiments at the dawn of the 21st century. And there was even a time when US and Western central bankers were skeptical. What happened was 2008; a dislocation so big and widespread they had no choice but […]
