Greg Weldon: Debt-Driven Consumer Economy Breaking Down
Coming up we’ll hear from Greg Weldon of Weldon Financial and WeldonLive. Greg’s research calls for the markets to roll over, and he’s expecting some very rough waters ahead based on key metrics he’s focused on – consumer spending and debt. He also weighs in on the tricky spot the Fed is in and where […]
Exactech To Be Acquired By TPG Capital For $42 Per Share In Cash
Exactech announced that it has entered into a definitive merger agreement under which TPG Capital, the global private equity platform of alternative asset firm TPG, will acquire all of the outstanding shares of Exactech common stock. Exactech’s board of directors approved the agreement which provides for the payment of $42.00 per share in cash to […]
Yen, EUR/USD Sag As The U.S. Dollar Drives Toward Three-Month Highs
This week brings a pair of highly-important Central Bank rate decisions, and the weekend brought another dose of political-fed volatility. In Japan, PM Shinzo Abe enjoyed a rousing victory as his Liberal Democratic Party and its coalition partner took more than 2/3rds of the vote, affording Mr. Abe a strong new mandate. This should allow him […]
Key Events In The Coming Week: ECB Taper, Q3 GDP And Durables
The main event this week will be the ECB’s taper announcement on Thursday where consensus expects the ECB to announce a QE extension of €30bn per month for 9 months until Sep-18, with potential extensions thereafter. Net purchases between now and Dec-17 will continue at €60bn per month as planned. To cope with rate hike expectations, the […]
The Greenback Gains Ground While The NZ Dollar Crashes Lower
The US dollar index gained ground against its G7 counterpart currencies this week, after the Senate Republicans in Washington approved a $4 trillion budget for 2018, pushing the Trump administration proposed tax reform plan one step closer. The chamber approved the budget resolution by a vote of 51-49, with US Senators now having to reconcile […]
Forex Week In Review – Monday. October 23
Last week was another positive affair for the world’s major markets with all making ground except for the FTSE. In Europe over the course of the week, the FTSE was down on last week’s close by 0.16% at 7523.2; the DAX ended at 12991, unchanged on last week’s close; the CAC was up by 0.39% […]
Super Mario: Full Week Ahead Preview
The main event this week will of course be the ECB and the turmoil in Spain makes things even more interesting than they would already be. Draghi is widely expected to outline the future of QE in Europe and it comes against a backdrop where the Catalan independence bid could imperil periphery spreads. Here’s the […]
Kimberly Clark (KMB) Is Worth A Look At These Levels
Dividends are central to my investment philosophy. They not only lower portfolio volatility but also provide a continued source of funds for reinvestment. In that vein, I continually monitor a small list of companies that have consistently raised dividends for at least 25 years. When these companies are weak technically, it’s an appropriate time to […]
Sensex Closes Above 100 Points; IT & Realty Stocks Rally
Indian share markets gathered some momentum in the afternoon session to finish above the dotted line amid firm global markets. At the closing bell, the BSE Sensex closed higher by 117 points and the NSE Nifty finished up by 38 points. The S&P BSE Mid Cap finished up by 0.5% while S&P BSE Small Cap finished up by 0.1%. Gains were largely seen in realty […]
FX COT Update: Market Braced For October ECB
EUR/USD Non-Commercials reduced their net long positions last week selling 7.6k contracts to take the total position to 90k contracts. The EUR long position remains near multi-year highs ahead of the October ECB meeting this week which is attracting huge market attention. The ECB is widely expected to announce a reduction in its QE programme […]
