Korea Continues To Be The Most Attractive Market In Asia
Video Length: 00:03:47 Four Pillars of GDP: Mainly driven by private consumption Korea’s GDP grows at relatively pace. Private consumption and investments have been the main contributors to GDP growth, while net exports have been a big drag. Massive earnings growth expected in Korea in 2017 Analysts’ estimates for 2017CE* EPS growth are way above […]
Canadian ADP Report Shows A Drop Of 5.7k Jobs
Canada’s manufacturing sales rose by 0.5%, beating expectations. Foreign securities purchases also came out better than expected at 16.81 billion. USD/CAD is falling to 1.2748. This is also due to the series of disappointments in US data. Everything is pushing USD/CAD lower. Update: the ADP NFP came out and it shows a drop of 5.7K jobs in […]
Ethereum Price Update For November 2017
The price of Ethereum has stabilized in recent weeks after Ethereum crashed in September. Since Ethereum recovered mid-September it has been trading in a narrow range between $280 and $330. Note that InvestingHaven’s research team observed that the Ethereum price remained bullish after Byzantium, an important event that Ethereum was able to ‘surive’. This week, we see the first […]
Your Oil And Gas Stocks Just Got Some Really Bad News Out Of Norway
Well, watch your oil and gas stocks on Thursday because there is some “big league” news out of Norway this morning. We’ve spilled all kinds of digital ink this year discussing the country’s mammoth SWF, which manages some $1 trillion and owns 1% of global equities. As oil prices declined, Norway began to take money […]
Pound Struggles For Traction After Data
The Pound Sterling experienced only a small improvement after today’s release of unexpectedly upbeat retail sales figures. Retail sales for October, both on an annual as well as a quarterly basis, beat analysts’ forecasts; however, FX traders appeared to read between the lines at the otherwise dismal data and largely ignored the numbers. Yesterday, the […]
Futures Jump, Global Stocks Rebound From Longest Losing Streak Of The Year
After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout. The House […]
Deepening Crisis In Hyper-Inflationary Venezuela And Zimbabwe
Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis Venezuela’s new 100,000-bolivar note is worth less today than USD 2.50 Maduro announces plans to eliminate all physical cash Gold rises in response to ongoing crises A military coup-de-grace in Zimbabwe and a […]
Weekly Unemployment Claims: Up Another 10K, Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending November 11, the advance figure for seasonally adjusted initial claims was 249,000, an increase of 10,000 from the previous week’s unrevised level of 239,000. The 4-week moving average was 237,750, an increase of 6,500 from the previous week’s unrevised average of […]
US Dollar Bias Shifts To Neutral As New Range Is Carved Out
Video length: 00:07:49 The US Dollar’s sharp rebound yesterday seemingly out of nowhere – the October US Advance Retail Sales and CPI reports were rather uninspiring – suggests that traders aren’t ready to throw in the towel on the greenback just yet. True, while the range between 94.29 and 95.17 was broken on Tuesday, the […]
Chevron (CVX) Looking For New All-Time Highs
Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil prices goes higher, Chevron is no exception that’s why as Oil market is turning bullish after the recent break in the price […]
