Despite Wage Data Sterling Dips
The Pound Sterling initially ticked higher but soon after fell to a 6-day trough after the latest economic data on the UK economy showed wage growth still slow and lagging UK inflation. The Pound was already under some pressure after markets interested comments made by policymakers from the Bank of England to be of a dovish […]
Silver Bullion Prices Set To Soar
Written by Myra Saefong via Barrons Silver bullion prices are expected to jump as solar and smartphone demand rises and the Fed tries to stave off economic weakness. Gold prices have far outpaced gains in silver so far this year, but silver will emerge as the winner for the second year in a row. With a […]
‘It’s Too Quiet’: Markets Calm After Xi Lays Out China’s Friendly World Domination Plans
Some folks are saying it’s “too quiet” out there on Wednesday morning, although European shares look to have picked up a little bit of steam. Asia was flat because Xi Jinping spoke for eight straight hours with no water and without blinking at the 19th Party Congress. I’m just kidding. But he did speak for […]
Sensex Ends Day On A Tepid Note; Energy Stocks Top Gainers
After opening the day in the red, share markets in India witnessed volatile trading activity throughout the day and ended the day on a weak note. Losses were seen across most sectors with stocks in the banking sector and stocks in the healthcare sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 25 points (down 0.1%) and the NSE […]
Asia Ex Japan Contributes 60% Of Global Merchandise Exports
Global merchandise exports at US$250bn, Asia ex Japan contributes 61% of world value Merchandise exports are retail goods exported to foreign markets High growth signals that the economic activities in that country are booming Asia ex Japan contributed only 39% in 1996, has nearly doubled
USD/CAD: Towards 1.25 Or 1.30 By Year-End?; NAFTA Negotiations Key – BTMU
Dollar/CAD is looking for a new direction after consolidating earlier. What’s next? Here is the view from BTMU: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research notes that CAD has been undermined in the near-term by renewed concerns over the ongoing NAFTA negotiations. “In the latest round of talks, the US has put […]
Global Fixed Income: Running On Empty?
Through the first nine months of the year, the global fixed income markets continued to defy the odds. Indeed, year-to-date, a variety of bond arenas have posted visible positive performances, continuing the trend that investors have been accustomed to for almost two years now. The more important question is whether this past performance can be […]
Dow Futures Over 23,000: Dollar, Global Stocks Jump As China Congress Begins
World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China’s 19th Communist Party Congress opened while focus in Europe turned to speeches from top euro zone central bankers before next week’s key policy meeting, as well as Catalonia’s ultimatum due on Thursday. S&P futures are solidly in the green as […]
EURUSD: Today’s Situation Is 50/50
Previous: Yesterday, Tuesday, the US dollar continued its growth against the majors. In the US session, the euro dropped to 1.1736. Market participants share the opinion that the dollar’s rise in the first half of the day was down to talk that John Taylor, an advocate of tight monetary policy, could become the next Chair […]
Real M0 Money Supply’s Trend Is Positive For Second Month
Federal Reserve officials have been talking up the odds of another hike in interest rates and the Fed funds futures market is pricing in a near certainty of no less for the December monetary policy meeting. But the case for tighter policy may not be as strong as it appears, based on the latest data […]
