Category Archive: Finance, No picture
The State Of Emerging Market Currencies
Emerging market currencies have been falling steadily since the start of the year due to global trade tension and higher oil prices. The ruble is down 17 percent year to date due to fears of more U.S.-imposed sanctions while the lira has fallen 40 percent as Turkey faces stagflation and political instability. Video Length: 00:01:40 […]
America Trying To Rekindle Trade Negotiations With China; Apple Releases New IPhones
Hurricane Florence’s Effect On Stocks Hurricane Florence’s wind speed has fallen to 110 miles per hour which is a modest help for the southeast as it braces for the major hurricane. The other change in the situation is the expected landfall has shifted south, meaning the principle impacts will be in Wilmington, North Carolina and […]
Trade-Sensitive Sector ETFs & Stocks To Watch On Talk Hopes
Concerns over Trump’s protectionist trade stance have been playing foul in the stock market. In fact, the escalation of the President’s tariff threat on additional Chinese goods led to a tumultuous Wall Street ride last week. However, the negative sentiments seem to be reversing, given the hopes of fresh talks between the United States and […]
AUD/USD Carves Higher Highs & Lows With US Retail Sales On Tap
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD extends the advance following the 44.0K expansion in Australia Employment as updates to the U.S. Consumer Price Index (CPI) highlight a limited risk for above-target inflation, and the exchange rate may stage a larger recovery over the coming days as it carves a fresh series of higher highs & lows. AUD/USD CARVES HIGHER […]
Dollar Index Head-And-Shoulders Pattern In Play After Weak Inflation Data
With three central bank meetings on the schedule today (see my colleague Fawad Razaqzada’s reports from earlier today for previews and recaps of the BOE, ECB, and CBRT meetings) , FX traders have been understandably focused away from the world’s reserve currency. However, dollar bulls who were keyed in on this week’s inflation data were no doubt disappointed. After last […]
CPI-U +0.2%, Core +0.1%: Medical Care And Shelter Components Wildly Understated
The CPI came in under expectations across the board. I question shelter and medical components. The Econoday consensus estimates for CPI were 0.3% for CPI-U, 0.2% for the core CPI, and +2.8% year-over-year. Econoday Comments Contraction in medical costs and apparel and only a marginal increase in food all held down consumer prices in August. Consumer prices […]
DXY Index At Critical Juncture Following BOE, ECB Meetings
The US Dollar (via the DXY Index) has come under a good deal of pressure this week, threatening to post its fourth consecutive losing day and sixth out of seven overall. Economic data, central bank decisions, and global trade war tensions have all been at the forefront today, to the US Dollar’s detriment. This morning’s […]
Why This Generalist Analysis Is Paying Attention To Gold Now
Mike Larson, Editor of The Safe Money Report usually talks about major markets and opportunities he sees but in an upcoming talk he is focusing on gold. We discuss why gold is now catching his eye and what he thinks it will take to get the price sustainability moving higher. (Audio length 00:13:46)
What Inflation Means To You: Inside The CPI
Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed has been trying to increase inflation, operating at the macro level. But what does inflation mean […]
4 Mid-Cap Stocks To Buy Amid Rising Geopolitical Tensions
Markets are expected to remain turbulent due to investors’ concerns over the consequences of President Donald Trump’s protectionist trade policies, China’s plan to put sanctions on America and the impending U.S. sanctions on Iranian oil. However, instead of staying away from the stock market, betting on stocks that have been faring well despite these concerns […]
