Category Archive: Finance, No picture
Goldman: ‘Greater Than 50% Chance’ Trump Goes All In On China By 2019
Market participants appear to be scratching their heads on Tuesday at the muted reaction across global equities to the latest escalation on the trade front from the Trump administration. That perplexity is understandable to the extent folks were anticipating a marginally sour session in Asia and some pressure on EM, but nobody should be surprised that there wasn’t some […]
China Retaliates: Beijing To Levy $60BN In Tariffs On US Goods Effective Sept 24
Just as Donald Trump was further threats aimed at Beijing after he launched another $200BN in tariffs targeting Chinese imports, and warning that “there will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are targeted!”, China’s Ministry of Finance issued a statement disclosing that it would retaliate by levying tariffs […]
Snapchat Shows The Problems With “Visionary” Founders And Dual Class Share Structures
In early 2017, as Snap, Inc. (SNAP: $9/share) prepped for its IPO, CEO Evan Spiegel received fawning profiles in the pages of prominent papers like the LA Times and the New York Times. These profiles painted a portrait of Spiegel as an enigmatic genius, the latest in a line of tech visionaries that would revolutionize the world. The […]
USD/CAD Set To Rock On Friday With A Double-Feature Event
Canada releases top-tier inflation and retail sales figures on Friday. The data is critical for the BOC’s October rate decision. The USD/CAD is balanced into the data. Canada publishes its inflation report for August and the Retail Sales publication for July on Friday, September 21st, at 12:30 GMT. There are no significant US publications at […]
Cryptos: 3 Scenarios For The Direxion Bitcoin ETF Decision
Direxioמ’s Bitcoin ETF request is a high profile one and is set to move all cryptocurrencies. The deadline delay raises the stakes for the upcoming decision as coins await impatiently. The reactions are different in three different scenarios and for each of the three top coins. On July 24th, the US Securities and Exchange Commission […]
Sensex Slumps Over 290 Points; Realty And PSU Stocks Witness Selling
After opening the day on a negative note, share markets in India continued their downtrend throughout the day and ended in the red. Sectoral indices traded in the red, with stocks in the realty sector, power sector and PSU sector leading the losses. At the closing bell, the BSE Sensex stood lower by 295 points (down 0.8%) and the NSE Nifty closed down by 99 points […]
BTC/USD Forex Signal – Tuesday, Sept. 18
Yesterday’s signals were not triggered, as there was no bearish price action at $6,569. Today’s BTC/USD Signals Risk 0.75% per trade. Trades can be taken until 5pm Tokyo time, over the next 24-hour period only. Long Trade Go long after a bullish price action reversal on the H1 time frame following the next touch of $6,171. […]
The Only People Who Don’t (Want To) See It
If everything was going to plan, non-standard monetary policy at the zero lower bound (QE) would have raised inflation expectations increasing the level of aggregate demand as businesses and consumers ramped up their activities in anticipation of higher costs. The more this “overheating” goes on, the more forceful it becomes. Eventually, by virtue of the […]
USDCAD Daily Analysis – Tuesday, Sept. 18
USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and next target would be at 1.3100 area. Near-term support is at 1.3000, only a breakdown below this level […]
Indian Indices Trade Marginally Higher; Stocks Witness Buying
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the FMCG sector and healthcare sector witnessing maximum buying interest. Realty stocks are trading in the red. The BSE Sensex is trading up 12 points (up 0.1%) and the NSE Nifty is trading up 8 points (up 0.1%). The BSE Mid Cap index is trading down by 0.2%, […]
