Category Archive: Finance, No picture
USD/JPY Eyes Monthly-Low As US Producer Price Index (PPI) Disappoints
JAPANESE YEN TALKING POINTS USD/JPY moves to the beat of its own drum in September, with the exchange rate pulling back ahead of the monthly-high (111.76), and dollar-yen may continue to consolidate ahead of the Federal Reserve interest rate decision on September 26 amid the mixed data prints coming out of the U.S. economy. USD/JPY EYES MONTHLY-LOW […]
5 Best Bargain Peg Stocks For Value Investors
The popularity of value investing is on the rise. The success of billionaire value investors like Warren Buffett further underscores the fact. Over the past five years, his conglomerate Berkshire Hathaway’s book value has grown at a compound annual rate of 11% (The Economist). Per a July Motley Fool article last year, over the past […]
EUR/USD: ECB May React To Growing Signs Of Weakness
Euro-zone growth may remain robust, but the engine is slowing down. The ECB may exercise its conditionality and prolong the exit. The EUR/USD may lose more ground on growing divergence. The euro-zone grew at a pace of 0.4% QoQ in Q1 and also in Q2 2018. Forecasts for the third quarter are positive, and the […]
Is The Corporate Bond Market Overheating? Look At The Lenders
Recently, a growing number of investors and market commentators have been advocating for caution in credit lending—rightfully so, in my opinion. However, despite the publicity this has received in the press, it appears that little has actually been done to clamp down on aggressive lending. Perhaps this should not be surprising since in practice, lending […]
August Producer Price Index: Core Final Demand Down 0.1% MoM
Today’s release of the August Producer Price Index (PPI) for Final Demand came in at -0.1% month-over-month seasonally adjusted, down from last month’s 0.0%. It is at 2.8% year-over-year, down from 3.3% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at -0.1% MoM, down from 0.1% the […]
As If Florence Wasn’t Enough
As if Florence was not enough. Not only are we preparing for Hurricane Florence in what could turn out to be the strongest mid-Atlantic storm in recorded history, now we must deal with the risks of more storms that are heading to and developing in the Gulf of Mexico, as well as lots of news […]
DXY Index Sideways Grind Continues Ahead Of BOE, ECB Tomorrow
The US Dollar (via the DXY Index) has been treading water the past few days, essentially biding time since the start of September: the DXY Index closed at 95.10 on August 31, and at 95.10 is where it opened up today. While traders continue to discuss intense headlines regarding the US-China trade war or emerging market contagion, […]
E Markets: Reactions
If yesterday was about Brazil election risks and China reaction to US tariffs, then today is also one about reactions just to different headlines. Economic news overnight was light and dark – Australian consumer confidence fell sharply due to mortgage hikes and politics, Korea unemployment jumps to 4.2% with KRW grazing near 1130, China M2 […]
Morning Call For Wednesday, Sept. 12
Overnight Markets And News Sep E-mini S&Ps (ESU18 -0.03%) this morning are up +0.06% on strength in energy stocks and optimism a trade deal with Canada can be reached. Energy stocks rose with Oct WTI crude oil (CLV18 +0.81%) up +0.88% at a 1-week high on signs of tighter supplies after API data late Tuesday showed U.S. […]
Sensex Ends 305 Points Higher; FMCG & Metal Stocks Witness Buying
After opening their day on a positive note, Indian share markets gave up some of their earlier gains and ended their session marginally higher. Gains were largely seen in the FMCG sector and metal sector, while realty stocks and banking stocks ended the day lower. At the closing bell, the BSE Sensex stood higher by 305 points (up 0.8%) and the NSE Nifty closed higher by 82 points […]
