Category Archive: Finance, No picture
What’s Your Timeframe, Bro?
My son’s a faster sprinter than me. That’s bloody depressing. He’s only a teenager for God’s sake. He’s only just clipped me after years of it being a non-contest. But now the little sod’s nudged ahead… only just, but what’s worse is that in a years time he’s going to be that much more ahead. […]
Gold Q4 Forecast: Gold Selloff Likely To Continue As Fed Proceeds With Rate Hikes
Faith in the Federal Reserve’s commitment to raising rates has thus continued to weigh down gold prices. Investors are heeding the Fed’s guidance and appear to base their strategy around the framework of a firmly hawkish monetary agenda. Barring an economic collapse that forces the Fed to reverse course, gold is likely to continue its downward […]
China Publishes Full List For November Tariff Cuts, As Xi Maneuvers Around Trump
On Sunday, the Chinese finance ministry published the full list of nearly 1,600 items on which tariffs will be slashed starting on November 1. The average tariff rate on those goods will fall to 7.8% from 10.5% last year. The reduced rate is intended to assist domestic corporates in driving down production costs and increasing […]
Japanese Yen Q4 Forecast: Yen Still Lacks Interest Rate Support, Haven Bids Will Endure
The Japanese Yen remained under clear pressure against the US Dollar through the third quarter, with USD/JPY hitting highs not seen since mid-January. However, while interest-rate differentials between the two clearly present the Yen at clear disadvantage, there will be much more to its trading as 2018 bows out. It’s notable too that, despite those highs for USD/JPY, the […]
China’s Yuan Devaluation Is A Big Mistake
I find it amusing to read some analysts stating that the Chinese government’s stealth yuan devaluation has offset the impact of tariffs. A 10% tariff hurts a small part of the economy. However, a 10% devaluation hurts all Chinese citizens equally and massively. The yuan devaluation is not a tool for exports. Devaluations are a […]
5 Top Stocks To Buy Ahead Of The Fourth Quarter
The third quarter of 2018 is about to come to an end and the bull market remains intact. The S&P 500 is up more than 8% so far this year, with some of its stocks near all-time highs and many trading above the 200-day moving average. Chiefly, robust economic growth and upbeat corporate earnings helped […]
Weekly Economic And Political Timeline- Sunday, Sept. 30
This week is likely to be active, as although there is less important data scheduled compared to last week, we will get the U.S. Dollar-related Non-Farm Payrolls data at the end of the week. There will also be a decision by the Reserve Bank of Australia on its interest rate. The market is likely to […]
Gold And Silver Days Of Extreme Volatility
Last week the Dow Jones saw new all-time highs on Thursday and Friday, but this week it saw none, closing the week -1.07% from last week’s close. Is this the pause that refreshes? It very well could be, and then maybe not. One of the things bothering me about the stock market is what’s happening […]
USDJPY Weekly Analysis – Sunday, Sept. 30
USDJPY extended its upside movement from 104.63 to as high as 113.71. A further rise could be expected in a couple of weeks and the next target would be at 115.50 resistance. Near term support is at 112.50, only a breakdown below this would suggest that lengthier consolidation for the uptrend is needed, then the […]
