USD/JPY: November High On Radar As Bullish Momentum Gathers Pace
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
JAPANESE YEN TALKING POINTS The recent series of higher highs & lows keeps the near-term outlook for USD/JPY tilted to the topside, with the exchange rate at risk of making a run at the November 2017-high (114.74) especially as the bullish momentum appears to be gathering pace. USD/JPY: NOVEMBER HIGH ON RADAR AS BULLISH MOMENTUM […]
Permanent Gold Backwardation
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
Sometimes, one just needs to look in the right place. And often in those cases, it just takes a conversation to alert one where to look. We had a call with a Swiss company this week, to discuss gold financing for their business. They reminded us that there is a negative interest rate on Swiss […]
Stronger Drug Patents In New NAFTA To Cost U.S. Manufacturing Workers Jobs
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
The new trade agreement with Canada that the Trump administration announced yesterday has rules on drugs patents and related protections which are likely to cost the jobs of U.S. manufacturing workers. The deal includes a number of provisions that are explicitly designed to raise drug prices in Canada. These provisions include a requirement of a period of […]
McKinsey: Corporate Executives Increasingly Wary Of Global And Local Economy
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
The Sentiment is down for the 3rd straight quarter in McKinsey survey of businesses. Trump’s trade policies at heart of it. According to the McKinsey Economic Conditions Snapshot, September 2018, business sentiment is down for the third quarter. The global outlook is worsening at a faster pace than local conditions. As they regard economic conditions at […]
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A Review Of Three Stocks: MASI, UBNT, TREX
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
We go over three up and coming companies in today’s video. Masimo, a medical technology company, Ubiquiti Networks, a next-generation communications technology company and Trex Company, the nation’s largest manufacturer of non-wood decking. Video Length: 00:12:45
Sensex Ends 299 Points Higher; IT & Power Stocks Witness Buying
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
After opening their day in the green, Indian share markets continued their momentum and ended their session on a positive note. Gains were largely seen in the IT sector and power sector, while telecom stocks and energy stocks ended the day lower. At the closing bell, the BSE Sensex stood higher by 299 points (up 0.8%) and the NSE Nifty closed higher by 78 points (up 0.7%). The BSE […]
NAFTA 2.0
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
While the left in Congress used McCarthy like tactics to destroy a man and his family and ignore the right of privacy to an emotionally scarred women, the Trump Administration continues to make strides to improve the lives of the average American worker. In a major breakthrough, the U.S. and Canada agreed to rewrite NAFTA […]
October 2018 Stock Considerations
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
Here we go again. A new month is upon us which means one thing… time for me to outline my potential stock picks for October. I can hardly believe that we are now entering the final quarter of 2018 but here we are. Where does the time go? Whenever I reflect on how fast the […]
Forex Forecast And Cryptocurrencies Forecast For October 01 – 05, 2018
Oct 01, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD. As expected, the last week had a lot of trouble for both the euro and the US dollar. The pair visited both the upper and lower boundaries of the medium-term side corridor 1.1525-1.1830 during the last five days. In the end, the victory was with the dollar. […]
Why Euro ETFs Could Be A Winning Bet In 2019
Sep 30, 2018
Jeremy Parkinson
Finance, No picture
Euro has been under pressure this year on the double whammy of policy divergence in the United States (where monetary policy is pretty hawkish) and the Euro zone (where the ECB has been tapering the QE policy dovishly) as well as the slowdown in the euro area economy (read: Eurozone Slows Down in Q2, Puts These […]