Category Archive: Finance, No picture
Euro Forecast: Preliminary October PMIs And ECB Meeting On Tap
Fundamental Forecast for EUR/USD: Neutral Volatility has remained high across asset classes, but the Euro hasn’t been a focal point of attention so its moves were limited last week. The forthcoming ECB meeting should be a dull one as policy remains on a preset course (end QE in December, hike rates “summer 2019”), no rate move is […]
Franklin Templeton Launches 3 New International ETFs
Franklin Templeton launches three new geographically focused ETFs, Franklin FTSE Saudi Arabia ETF FLSA, Franklin FTSE South Africa ETF FLZA and Franklin FTSE Latin America ETF FLLA. These ETFs are linked to market cap weighted foreign stock indexes and listed on the NYSE (see: Goldman Sachs Launches TIPS ETF). Many investors are looking to go beyond broad-based emerging markets or developed markets portfolios […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 21
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
CAD Falls On CPI, AUD May Gap Lower As Euro Price Risks Reversal
ASIA PACIFIC MARKET OPEN – CANADA CPI, BREXIT LATEST, AUSTRALIAN DOLLAR, EURO Canadian Dollar sinks on softer-than-expected inflation report ahead of BoC rate decision British Pound sees knee-jerk volatility as potential Brexit compromise creates a new issue Australian Dollar may gap lower given political uncertainty while Euro could turn lower The Canadian Dollar underperformed against its major counterparts Friday following a softer-than-expected […]
What’s Not Up?
Global equity markets had a hard time finding equilibrium. US Equities, while still the global leader, barely stayed positive with IWM closing down on the week. The Russell 2000 (IWM), which is the broadest gauge of the US economy, broke down on daily charts in late September and is now showing the same thing on […]
AUDUSD Weekly Analysis – Sunday, Oct. 21
AUDUSD remains in the downtrend from 0.8135. The bounce from 0.7041 is likely consolidation for the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next target would be at the 0.6900 area. Only a clear break above the […]
The Hot Breath Of Mr. Bear On The Back Of My Neck
Extreme volatility (Dow Jones 2% Days) continues being a major feature in the market; Tuesday of this week saw the Dow Jones close 2.17% above the previous day’s close. Yes, this was a big daily gain, but big daily percentage gains are events usually seen in bear markets. So, that’s the third day of extreme […]
Weekly Fundamental Forecast: Markets Trade The EU Summit For ECB Rate Decision And US GDP Next Week
High level fundamentals proved substantive this past week between a possible Brexit path after the EU Summit and the slowest pace of growth for China in 9 years. Ahead, the scheduled updates are still material – such as US 3Q GDP as well as ECB and BOC rate decisions – but we should also keep […]
Square Is A Fast Growing Company In A Great Industry
Earlier this year, we went through many of our very favorite industries to go hunting for investments in. One of the industries we highlighted was the payment processing industry. There are so many wonderful attributes of this business. For one, payment processing is a very stable business, with a very high percentage of recurring revenues. These companies process […]
EURUSD Weekly Analysis – Sunday, Oct. 21
EURUSD is facing 1.1432 support and a breakdown below this level could trigger further downside movement towards the next support level at 1.1301. Below here would aim 1.1000. Near term resistance is at 1.1622, a break of this level could bring the price back towards 1.1851 key resistance. he price back towards 1.1851 key resistance.
