Category Archive: Finance, No picture
Russia Surprises Markets With First Rate Hike Since 2014
With market watchers expecting no moves from the Russian central bank today, and just one week after Russia’s PM Dmitry Medvedev hinted that Russian rates are “too high”, the Russian central bank became the latest to defy politicians – and consensus – when it unexpectedly hiked interest rates for the first time since 2014, following many […]
Morning Call For Friday, Sept. 14
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.19%) this morning are up +0.15% at a 2-week high on expectations that data later this morning will show strong U.S. Aug retail sales and Aug manufacturing activity. Also, stocks moved higher as trade tensions on the prospects for new trade talks between the U.S. and China. European […]
Sensex Ends 373 Points Higher; Realty & Power Stocks Witness Buying
After opening the day marginally higher, Indian share markets continued their momentum and ended their day on a positive note. All sectoral indices were trading in green with stocks in the realty sector, metal sector and power sector leading the gains. At the closing bell, the BSE Sensex stood higher by 373 points (up 1%) and the NSE Nifty closed higher by 145 points (up 1.3%). […]
How Long Will Natural Gas Be A Bridge Fuel?
In a previous article, I addressed the reality that natural gas is already serving a bridge fuel between a past powered by coal and a future powered by renewables. Today, I want to discuss the factors that will influence the length of that bridge. Coal is a source of firm power, which means power that is guaranteed […]
USD/CAD Weekly Analysis – Friday, Sept. 14
USD/CAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.2900 area. Only a clear […]
Gold Bulls: Don’t Count On Yield Curve
Are we going to fall into the trap of a self-fulfilling prophecy? Could investors trigger recession only because they are so worried about inversion of the yield curve? We invite you to read our today’s article about the yield curve and find out whether the popularity of the yield curve as an indicator of recession […]
Honest Work For Dishonest Pay
Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there are wonders and miracles above and beyond 24-hour home deliveries of Taco Bell via DoorDash. […]
WestRock Company Is A Wrap!
The materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; gold; specialty chemicals; steel. Today I’m reviewing a mid-cap packaging and containers firm named WestRock Company. It’s trading ticker symbol is WRK. WestRock […]
US Dollar May Rise Anew As Fed Outlook Firms In Risk-On Trade
The sentiment-geared Australian and New Zealand Dollars outperformed as risk appetite swelled in Asia Pacific trade. A catch-all gauge of regional stocks’ performance from MSCI rose 1.5 percent. Taken together with Thursday’s similarly impressive gains, that sets the stage for the best two-day run in seven months. Upbeat Chinese economic data appear to be behind investors’ chipper mood. […]
AUD/USD Daily Analysis – Friday, Sept. 14
AUD/USD is facing 0.7235 resistance, a breakout of this level would indicate that the downside movement from 0.7381 had completed at 0.7085 already, then next target would be at 0.7300 area. Near term support is at 0.7160, only a breakdown below this level could trigger another fall towards 0.7100.
