Category Archive: Finance, No picture
Sept. 15th 2018 Week In Review: How Trump’s Policies Moved Stocks
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. JPMORGAN’S DIMON: Following JPMorgan (JPM) CEO Jamie Dimon’s remarks Wednesday that he could beat Donald Trump in […]
ECRI Weekly Leading Index Update – Sept. 15
Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.0, down slightly from the previous week. Year-over-year the four-week moving average of the indicator is now at 3.05%, up from last week. The WLI Growth indicator is now at 0.0, also up from the previous week. “Outsized […]
Forex Forecast And Cryptocurrencies Forecast For Sept. 17-21
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]
Forex And Cryptocurrencies Forecasts For Sept. 17-21
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]
US Dollar Rally May Resume On Fed Rate Hike Bets, Risk Aversion
FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar retreats as emerging markets stabilize, CPI data disappoints Durable upshift in Fed rate hike outlook likely to offer renewed support Haven-seeking demand may return on Kim/Moon meeting, Tria speech The US Dollar backtracked last week. Ebbing haven demand seemed to be main culprit as emerging market […]
Internet Content Stock Outlook: Regulations To Dull Growth
The Zacks Internet – Content Industry comprises companies with diversified end-markets. The industry includes providers of video encoding platform, personal services, Internet content & information, staffing & outsourcing services, publishing, capital markets and media-based companies. Moreover, apart from the United States, a number of companies in this industry are domiciled in the Netherlands, Israel, United Kingdom, Germany […]
S&P 500 Snapshot: A Week Of Gains After Minor Losses
The S&P 500 made gains each day of this week, ending with a weekly gain of 1.16%. The index is up 7.76% YTD. The U.S. Treasury puts the closing yield on the 10-year note at 2.99%. Here is a daily chart of the S&P 500. Today’s selling puts the volume at its 50-day moving average. […]
USDJPY Weekly Analysis – Saturday, Sept.15
USDJPY is facing 112.15 resistance. A breakthrough at this level would indicate that the uptrend from 104.63 has resumed, then a further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm that the uptrend had completed at 113.17 already, then the next target would be at the […]
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday
In the latest installment of the story that just won’t go away, the WSJ reported on Saturday that – as Bloomberg reported first yesterday – the Trump administration plans to announce new tariffs on up to $200 billion in Chinese goods as soon as Monday and otherwise “within days”, in a move that will likely render moot […]
Why Imports Are Crucial To GDP Growth
In recent posts, Pierre Lemieux and Scott Sumner refuted a common but mistaken idea: that because gross domestic product can be calculated by taking national expenditure data (i.e., the “C + I + G” part of the equation) and adding the value of exports while subtracting the value of imports (the “X – M” in said equation), imports reduce GDP. This […]
