Category Archive: Finance, No picture
FV EUR/USD Levels To Watch For Next Week
A review of the most popular currency pair EUR/USD. Video Length: 00:03:22
The Stock Market Slump: Is The Worst Behind Us?
(Video length 00:05:12) On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Rob Cittadini, director, Americas institutional, discussed the likely catalyst behind last month’s market volatility, the U.S. employment report for October and potential market impacts of the Nov. 6 U.S. midterm elections. Are better times ahead for markets […]
Stock Markets Turning South – What’s The Cause?
Stock markets in Europe and the United States are markedly turning south, although they’re not headed for a crash, at least for the moment. Is this the beginning of a long journey to Hell or just a temporary bump? It’s a little too early to tell, but we’d like to challenge the main consensus that […]
$700 Million Hedge Fund Closes Most Of Its Positions
In a time when underperforming hedge funds – that would be most of them – are doubling down in hopes of undoing recent losses and catching up to the S&P, and avoiding a flood of redemption requests, one fund decided to take money off the table. Rhicon Currency Management – a $700 million FX-focused hedge fund – closed […]
Casino Report On 3 French Banks: BNP Paribas, Credit Agricole, Societe Generale
Let’s take a brief look at the balance sheets of three prominent French banks. Reader Lars from Norway sent me his “casino” findings on three French banks. He defines”Casino” holdings as derivatives and proprietary trading as opposed to loans and deposits. Lars comments “BNP is the size of Deutsche Bank but with an even bigger […]
Canadian Dollar Rally Ruined By Crashing Crude Prices
The Canadian Dollar was supported the BOC but oil prices weighed. A light week leaves the loonie mostly at the mercy of oil and the global mood. The technical picture remains balanced for the pair. This was the week: BOC is bullish again, data is good, but oil slips Bank of Canada Governor Stephen […]
The Big Four Economic Indicators – October Nonfarm Employment
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]
Stocks And Bonds Are Finally Plummeting. Here’s How The Big Banks Are Pulling Some Strings
Demand for Treasuries at the weekly Treasury auctions has risen by slightly more than the increase in new issuance lately. With more buying, which should boost price and push the yield down, why have Treasury yields been rising? Because selling in the secondary market has outstripped demand! Securities prices, just like the prices of the […]
NZD/USD Rate Rebound Vulnerable To Dovish RBNZ, Hawkish Fed
The recent break out in NZD/USD appears to have stalled following the U.S. Non-Farm Payrolls (NFP) report as the fresh updates show a pickup in job/wage growth, but recent price action raises the risk for a larger correction as the exchange rate breaks out and initiates a series of higher highs & lows. NZD/USD RATE REBOUND VULNERABLE TO DOVISH […]
E German DAX Trading Bearish
German DAX is picking up from the lows, indicating that a higher degree correction is here. We are talking about wave 4) which can be looking for a resistance around 11700 area; that’s just above 38.2% Fib. level and close to a trendline connected from 12465. Also, recovery is overlapping so we would not be […]
