Category Archive: Finance, No picture
EUR/USD Awaits The NFP, Tariffs, Under Downtrend Resistance
The EUR/USD is ticking up ahead of the US Non-Farm Payrolls. Markets also await potential new US tariffs on China. The technical picture is slightly bullish for the pair. The EUR/USD is trading higher, rising within the 1.1600 handle. The US Dollar is slightly weaker on Friday. The deadline for public comments on potential new US tariffs […]
Gold Prices May Resume Decline On US Jobs Report
Gold prices managed a second day of corrective gains after Tuesday’s sell-off. The lion’s share of intraday gains evaporated as renewed risk aversion buoyed the US Dollar however, sapping the appeal of the perennially anti-fiat yellow metal. Risk aversion sank crude oil prices however. Investors’ mood soured amid continued worries about instability in emerging market assets as Fed tightening drives […]
AUDUSD Daily Analysis – Friday, Sept. 7
AUDUSD continued its sideways movement in a trading range between 0.7144 and 0.7235. A breakdown below 0.7144 support could trigger another downside movement towards 0.7100. On the upside, a breakout of 0.7235 resistance could bring the price back to 0.7300 area.
Indian Indices Trade On A Negative Note; Banking And Pharma Stocks Witness Selling
Asian shares are trading on a negative note today. Asian shares hit a 14-month low on the back of worries that a new round of Sino-US tariffs could come at any moment. The Nikkei 225 is down 1.1% while the Hang Seng is down 0.8%. The Shanghai Composite is trading down by 0.1%. Back home, India share […]
Market Valuation, Inflation And Treasury Yields: Clues From The Past – Thursday, Sept. 6
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a “normal” market environment — one with conventional business cycles, Federal Reserve policy, interest rates, and inflation — current valuation levels would be a serious concern. But these are different times. The […]
Sail Through Market Volatility With These 5 Low-Beta Stocks
Smart investors always conduct intensive research before deciding on a particular stock or portfolio. They never follow the herd and don’t believe in the rule that risky stocks can only generate lucrative returns. With thorough research we have generated a strategy that claims that less-risky securities or portfolios can also generate handsome returns. Meaning of […]
More Signs Of A Correction Ahead: But How Soon And How Much
The broader stock market via the S&P 500 finally broke to new highs in August, while they drifted insignificantly lower on Wednesday. And as Adam O’Dell recently commented, that typically means substantially higher highs ahead… like 13% plus. What does this mean for my great crash forecast? Well, my favored scenario right now, with the strong tax cuts […]
Manufacturers’ New Orders
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year over year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decline of […]
Markit Services PMI: Service Sector Activity Growth Eases
The August US Services Purchasing Managers’ Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit’s Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from the […]
5 Broker-Friendly Stocks To Counter Market Jitters
It is a well-documented fact that the U.S. economy is in good shape. Despite this, there are certain developments, which are keeping investors on the edge. While trade-related tensions with China continue to be a source of worry, President Trump’s threat to exclude Canada from a new NAFTA deal has also increased investor concern. Moreover, […]
