Comcast Prevails With Highest Offer Price In Auction For Sky
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
Comcast (CMCSA) published an announcement that Comcast has prevailed with the highest offer price in the auction to acquire the entire issued and to be issued share capital of Sky (SKYAY) with an offer price of GBP17.28 per Sky share. This implies a value of $40 Billion for the fully diluted share capital of Sky. […]
USDCAD Weekly Analysis – Sunday, Sept. 23
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. A further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at 1.3000, a break of this level could bring the price back into 1.3200 zone.
Book Review: Agrawal Et Al., Prediction Machines
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
Prediction Machines: The Simple Economics of Artificial Intelligence (Harvard Business Review Press, 2018) by Ajay Agrawal, Joshua Gans, and Avi Goldfarb, all chaired professors at the University of Toronto’s Rotman School of Management, is an excellent introduction to the opportunities and limitations of AI. Their thesis is that, as things now stand, AI is becoming an […]
Forex Forecast And Cryptocurrencies Forecast For Sept. 24-28, 2018
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD Recall that most experts (55%) had voted for the further growth of the pair and its transition to the zone 1.1745-1.1845. This forecast turned out to be 100% true, and the pair fixed the weekly high at 1.1802 on Friday morning, having risen by 180 points in […]
Forex Forecast: Pairs In Focus – Sunday, Sept. 23
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
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 […]
Euro Forecast: Concerns Linger Over Italian Budget, Rising Hard Brexit Odds
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
Fundamental Forecast for EUR/USD: Neutral Euro gains over the past week have largely driven by signs that the Italian government will fall in line with the European Union’s budgetary restraints. A surprising amount of negativity at the Brexit Salzburg summit this week knocked the British Pound lower, and dragged the Euro down alongside with it. The IG Client Sentiment […]
Economic Data And Forecasts For The Weeks Of September 24 And October 1
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of September 24 September 25 Chicago Fed National Manufacturing Index – August 0.20 0.13 0.20 Dallas Fed Manufacturing Index 29.0 30.9 31.2 September […]
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Monetary Policy In The Advanced Economies Is Normalizing, Which Means Further Rate Hikes In The U.S. And Canada
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
The Federal Reserve raised interest rates 25 basis points in June and signaled that two additional increases were on the way this year. Thus far the financial markets have shrugged off the U.S. rate hikes and the related quantitative tightening since the U.S. economy and its job market seems quite strong. The Bank of Canada […]
How Could The U.S.-China Trade War Impact Consumers?
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:03:08) On the latest edition of Market Week in Review, Quantitative Investment Strategist Abraham Robison and Rob Cittadini, director, Americas institutional, discussed escalating […]
The Week In Review: How Trump’s Policies Moved Stocks
Sep 23, 2018
Jeremy Parkinson
Finance, No picture
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly: 1. 10% TARIFFS: On Monday night, the White House announced new 10% tariffs on over 5,000 products […]