Category Archive: Finance, No picture
Yen And Dollar Fall On US, China Trade War Breakthrough Prospects
TALKING POINTS – YEN, US DOLLAR, CHINA, AUSSIE DOLLAR, STOCKS, TURKEY Yen, Franc and US Dollar drop amid broad sentiment recovery Hopes for US, China trade war de-escalation stoking optimism Aussie and New Zealand Dollars, Euro emerge as outperformers The markets’ mood brightened in Asia Pacific trade as traders battered by turmoil in emerging market assets were offered a sliver of hope […]
Michigan Consumer Sentiment: August Preliminary Slips
The University of Michigan Preliminary Consumer Sentiment for August came in at 95.3, down 2.6 from the July Final reading. Investing.com had forecast 98.1. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped to its lowest level since last September, with the decline concentrated among households in the bottom third of the […]
Oil And Gas – Canadian E&P Stock Outlook: Signs Of Tailwind
While oil production is surging in Canada, the country’s exploration and production (E&P) sector has remained out of favor, primarily due to the scarcity of pipelines. In short, pipeline construction in Canada has failed to keep pace with rising domestic crude volumes – the heavier sour variety churned out of the oil sands – resulting […]
Economic Data And Forecasts For The Weeks Of August 20 And August 27
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of August 20 August 22 Existing Home Sales – July 5.509M 5.380 5.425 August 23 Initial Unemployment Claims 215K […]
E AudioCodes’ Voice Over Internet Phone Use Expands With Net Usage
Today I’m reviewing a small-cap communication equipment firm by the name of AudioCodes Ltd. It’s trading ticker symbol is AUDC. AudioCodes Ltd is a Voice-over-IP technology company providing advanced Voice-over-IP, converged VoIP and Data networking products and communications applications for Service Providers and Enterprises. It has offices in more than 20 countries. The company primarily markets […]
The Bullish Case For Gold: Indicators Suggest Gold Has Laid The Groundwork For A Substantial Rally
For those who care about gold such as myself, in the just released CFTC data for the week ended Tuesday, speculators went net short for the first time since December 2001 when gold was priced at $275 an ounce. It’s tough to find a more contrarian indicator. Peter Boockvar “They run all away, and cry, […]
USD/CAD Outlook Mired With Mixed Signals Ahead Of Canada CPI
USD/CAD holds a narrow range going into the end of the week, but updates to Canada’s Consumer Price Index (CPI) may fuel the recent rebound in the exchange rate as the headline reading for inflation is expected to hold steady at 2.5% per annum in July. USD/CAD OUTLOOK MIRED WITH MIXED SIGNALS AHEAD OF CANADA CPI […]
Week In Review: Shanghai ChemPartner, A China CRO/CMO, Completes Reverse Merger
Shanghai ChemPartner, a CRO/CMO, closed its reverse merger with Quantum Hi-Tech China Biological (SZE: 300149) for a combination of cash and stock (see story). ChemPartner said it will have easier access to additional capital as a listed entity. Quantum makes probiotics for packaged foods, and its operations will remain separate from ChemPartner’s. The merger was first […]
Greenback’s Momentum Stalls
A week ago we were concerned that the dollar’s surge had left it over-extended from a technical perspective and most of the major pairs, but the yen and Canadian dollar were outside their Bollinger Bands. We cautioned against chasing it, but the dollar’s surge continued. It peaked in the middle of the week and stalled. We […]
