Category Archive: Finance, No picture
Forget The Trade War Already: China Is Cutting Taxes
The market’s obsession with trade wars may finally be exhausted and priced in. Move on to the next market mover: massive Chinese tax cuts, which should aid the WisdomTree ICBCCS S&P China 500 Fund (WCHN) and the WisdomTree China ex-State-Owned Enterprises Fund (CXSE), our passive ETFs for the country. Sure, China exported $457 billion worth of goods and services to […]
AUD/USD Price Analysis: Aussie Consolidation In Focus Ahead Of RBA
AUD/USD trading in key consolidation range ahead of major event risk- intraday levels to know The Reserve Bank of Australia (RBA) interest rate decision is on tap tonight and Aussie is trading right in the middle of a multi-month consolidation pattern we’ve been tracking for weeks now. Here are the updated targets and invalidation levels that […]
Monetary Paradigm Reset
Explaining a new paradigm can be both simple and impossible at the same time. For example, Copernicus taught that the other planets and Sun do not revolve around the Earth. He said that all the planets revolve around the Sun, including Earth. It isn’t hard to say, and it isn’t especially hard to grasp. Indeed, […]
SoftBank Cashes In
Shelly Palmer talks with Stephanie Sy on CNN Money about SoftBank’s Vision Fund and their spectacular earnings. Original Airdate: August 6, 2018
Stocks To Buy On The Outbreak Of Trade Peace
So, how will the trade war end? It could be the crucial trading call of 2018. “That which can’t continue, won’t,” I paraphrase the noted economist Herbert Stein. I think that logic neatly applies to our global trade wars today. In 1970, some 25% of world GDP was accounted for by international trade. Today it […]
Crude Forecast: Bullish RSI Trigger To Fuel Higher Oil Prices
OIL TALKING POINTS Oil prices may exhibit a more bullish behavior over the coming days as the Organization of the Petroleum Exporting Countries (OPEC) and its allies emphasize their commitment in rebalancing the energy market, and crude may continue to retrace the decline from the July-high ($75.24) as it appears to be on track to threaten the range-bound […]
E Forex Analysis Of GBP/USD For Monday, August 6
First, we look into the previous day trade and what happened on August 3, 2018, and the GBP/USD pair opened at 1.30145 and went high at 1.30378 and gone to low at 1.29850 and finally closed at 1.29965. The calculated pivot point for the day is 1.30064. The difference between high and low was nearly […]
USDCAD Daily Analysis – Monday, August 6
USDCAD extended its downside movement from 1.3289 to as low as 1.2967. Near-term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at 1.2900. Key resistance is at 1.3096, only a break of […]
NZD/USD – Bull Speculation: Correction From The Lower Line Of The 2-2 Channel Looks Likely
Trading opportunities on the currency pair: There’s a familiar pattern on the weekly timeframe, by which we could see the Kiwi dollar start an upwards correction after the RBNZ meeting. If prices reverse along the same trajectory as the previous drop, the immediate target will then be 0.6990. This outcome is still on the cards as […]
E Markets: Two-Sided
Tails I win, heads you lose? Hopes for an easy Monday for risk in perhaps the quietest week for economic news this summer have been dashed with the two-sided coin of FX. Is this USD strength or foreign weakness? The drivers of USD support are the FOMC rate hike path – 4 in 2018, 2-3 more in […]
