2,000 Years Of Economic History In One Chart
ALL MAJOR POWERS COMPARED BY GDP FROM THE YEAR 1 AD Long before the invention of modern day maps or gunpowder, the planet’s major powers were already duking it out for economic and geopolitical supremacy. Today’s chart tells that story in the simplest terms possible. By showing the changing share of the global economy for each country […]
FX Week Ahead: SNB, BoE Meetings. US Inflation Data Ahead
The central bank monetary policy decisions continue into another week. However, this time around it is quite likely that there will not be any surprises. On the agenda this week, the Swiss National Bank will be meeting for its quarterly monetary policy review. This is later followed by the Bank of England’s monetary policy […]
The Reemergence Of Emerging Markets
Going through the latest numbers from the OECD Composite Leading Indicators data set I thought it would be worth sharing a couple of what I thought were particularly interesting charts. As the title suggests, they basically show the reemergence of emerging markets (from a cyclical perspective). The first chart shows the GDP weighted OECD leading indicators for […]
Oil Market Supply/Demand Finally Begins To Matter Again As Commodity Funds Withdraw
It’s been a long time since oil market supply/demand was based on physical barrels rather than financial flows: First, there was the subprime period, when the Fed artificially boosted demand and caused Brent to hit $147/bbl Then there was QE, where central banks gave free cash to commodity hedge funds and led Brent to hit $127/bbl In […]
Middle East Economic Challenges (As The Role Of Fossil Fuels Declines)
The Middle East and North Africa region contains about half of the world’s proven reserves of oil and natural gas. This has already proven to be a mixed blessing for economic growth in the region, and in a world economy where many countries are making efforts to reduce carbon-emitting sources of energy, a dependence on […]
No ‘Apocalypse Now’, But Maybe Later – Full Week Ahead Preview
The apocalypse is on hold. Although the human suffering will no doubt be profound, damage estimates from Hurricane Irma are already being rolled back on Sunday evening as the worst case scenario doesn’t seem to have materialized. Similarly, Kim hadn’t launched any more ICBMs as of early Asian trading and that prompted the yen to fall […]
Why Investing In A Fixed Deposit Is Favourable?
An investment in an equity might be beneficial in generating high returns in the long run. However, they are not risk-free. Fixed Deposit, on the contrary, offers sizeable returns but is risk-free. FDs are the best investment options when it comes to parking your surplus income. This debt asset instrument is one of the most popular choices […]
EUR/USD Retesting 1.20 Support In Key Decision Zone
EUR/USD 4 hour The EUR/USD challenged the previous top (red) but till now has been unable to break above that resistance. A bullish break could be part of a potential wave 3 (pink) whereas a failure to break above the 138.2% Fib of wave B vs A at 1.2165 could still indicate a wave B […]
Quiet Korea Sparks Panic Bid For Stocks, Dollar As Gold, Yen Dumped On Asia Open
The end of the world did not happen… Buy stocks, dump gold, and back up the dollar truck… Safe-Haven precious metals, bonds, and Yen are for losers… It’s stocks you want… And load up on dollars…
EURUSD Daily Analysis – Monday, Sept 11
EURUSD stays above the bullish trend line from 1.1662 to 1.1823 and remains in the uptrend from 1.1662. As long as the price is above the trend line, the upside movement could be expected to continue and next target would be at 1.2165. On the downside, a clear break below the trend line support could bring […]
