Emerging Markets With Lower Risk? Think About Europe
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
2018 has been a challenging year for emerging market equities, coming on the back of 2017, which was quite strong. Some observations on the current environment: Year-to-date, emerging market equities are down 8.8% in U.S.-dollar terms. Nearly 5% of this cumulative decline came from the U.S. dollar strengthening against emerging market currencies. As of this […]
Euro Analysis: The Potential Impact Of Brexit And The Italian Budget Clash
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
IS EURO STABILITY UNDER THREAT? As the UK and the European Union argue over Brexit, and Brussels clashes with Rome over the Italian budget, the future stability of the EU and the Euro is again in the spotlight. While the possibility of lasting damage to the single currency will likely be a concern for long-term […]
Gold Would Not Enjoy That FOMC Is Going More Restrictive
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
“Policy would need to become modestly restrictive for a time.” This is the key quote from the recent FOMC minutes. This is not a reason for gold’s joy. Fed Is Becoming More Hawkish Yesterday, the Fed released minutes from the recent FOMC meeting. As everyone knows, the Committee hiked interest rates by another 25 basis points in September. But what […]
Top 5 Charts Of The Week – Thursday, Oct. 18
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
This week we look at the following charts and themes: Global equities vs Global consumer sentiment (and the gap vs the global PMI). US cyclicals vs defensives (vs emerging markets) – a key leading indicator to the stock market correction. European and US bank CDS pricing – European bank CDS are trending up, and this is […]
US Says China Not A Currency Manipulator: 5 Countries Meet 2 Of 3 Conditions
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
The US says China is on the monitor list as are 5 other countries. Trump’s Tariffs attack a symptom, not the problem. Inquiring minds are digging into the 34-page US Treasury report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. There are three criteria, all of which much be met, […]
USDCAD Daily Analysis – Thursday, Oct. 18
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at 1.3000, a breakdown below this level could bring the price back into 1.2950 zone.
AUDUSD Daily Analysis – Thursday, Oct. 18
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
AUDUSD failed to break below 0.7095 support, suggesting that the pair remains in the uptrend from 0.7041. Further rally could be expected and next target would be at 0.7200 area. Key support is at 0.7095, only a breakdown below this level could signal completion of the uptrend.
Problems In Third World Countries To Ignite Gold Prices
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
SBTV’s latest guest is Jayant Bhandari of Anarcho Capital. He brings a fresh perspective to the US trade war with China and insights on the performance of gold in the Third World from the lens of other currencies. Although there is a lot of focus on the US economy as a trigger for the next […]
The Three Largest Cryptocurrencies – Update
Oct 18, 2018
Jeremy Parkinson
Finance, No picture
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
The Rally Presents This Trade Opportunity
Oct 17, 2018
Jeremy Parkinson
Finance, No picture
The Fed notes came out today and say they’re going to continue to gradually raise rates. In tonight’s video newsletter we look at the importance of bonds and how they will impact the stock market. Don’t miss these trading opportunities… Running length 00:13:36