Think Bitcoin Is A Bubble? Here’s Your Chance To Short It
Has the fact that the price of a single bitcoin has risen nearly eight-fold so far this year prompted you to turn bearish on the world’s most valuable digital currency? Well, here’s your chance to short it. A Swiss asset-management firm called Vontobel launched a new futures product on Friday that will make it easier […]
E Market Briefing For Monday, Nov. 20
‘Stealth’ de-risking of markets has dominated markets for months now in a rotation way. In a sense this has been healthy in holding markets up in this high-level trading range (generally, with Oils and others occasionally poking the indexes to new highs), while masking the gradual increased in sidelined monies, or rotation into ‘perceived’ less volatility […]
Yen Rallies As Yield Curve Flattening Spurs Risk-Off Trade
The Japanese yen rallied off recent lows amid a risk-off tone that marred global markets at the end of last week. Equities pulled back off recent record levels as traders rotated into under-performing small cap stocks and other safe havens such as gold. Meanwhile, the US dollar struggled on the back of falling yield differentials […]
The Coming Economic Downturn In Canada
Given its natural resource-based economy, Canada is a boom and bust kind of place. This year, the country has enjoyed a significant boom. Thanks to a government stimulus program, rising corporate capital expenditures and consumer spending, Canada’s GDP growth has been nothing short of spectacular in 2017. According to Statistics Canada, the latest reading for year-over-year […]
Emerging Market Preview – The Week Ahead Nov. 20
EM FX ended the week firm, and capped off a good week overall. Best performers last week were ZAR and KRW, while the worst were TRY and IDR. Until we get higher US rates, the dollar may remain under modest pressure. This would help EM maintain some traction, though we remain cautious. Chile will […]
AUD/USD Forecast Nov. 20-24
The Australian dollar dips lower amid many economic releases and a “risk-off” atmosphere. The upcoming week features the meeting minutes from the RBA and other releases. Here are the highlights of the week and an updated technical analysis for AUD/USD. The Australian dollar fell alongside other commodity currencies but never went too far. An upbeat NAB figure helped it recover. The […]
Why The Shale Revolution Hasn’t Yet Helped MLPs
MLP investors must wish they’d never heard of the Shale Revolution. The consequent growth in volumes of crude oil and natural gas seemed a fairly simple thesis for owners of volume-driven infrastructure assets. Increased demand for pipeline and storage capacity, for gathering and processing networks, ought to be good for the sector. But so far, […]
Australian Dollar Likely Stuck, But Watch For RBA Speakers
Fundamental Australian Dollar Forecast: Neutral The Australian Dollar sagged last week as weak wage data surprised the market Employment growth remains strong but pay rates are lagging severely This week will probably see the USD side of AUD/USD driving Last week’s economic snapshots provided market watchers with a little macrocosm of all that plagues Australian Dollar bulls. The country’s official October employment data came […]
Forex Metrics And Chart Week 47 / 2017
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the EUR(3X) with the JPY(3X) followed by the GBP(2X). The weaker currencies are the NZD(5X) followed by the AUD(3X) and the CAD(2X). By diversifying a nice combination can be traded in the […]
Small Caps & High Yield Corporate Bonds Hint Of Higher Volatility Ahead
As can be seen on the Daily comparison chart and percentage-gained graph below, the Russell 2000 Index (RUT) and the High Yield Corporate Bonds ETF (HYG) generally trade in lockstep, although the RUT is accompanied by more volatility and larger swings. At the moment, the RSI and MACD indicators are hinting of lower prices ahead for HYG and volumes have spiked over the […]
