Pound, Franc Fireworks Unlikely On BOE And SNB Rate Decisions
A Bank of England monetary policy announcement tops the calendar in European trading hours. Governor Mark Carney and company seem firmly locked in wait-and-see mode however, meaning the outcome may not offer a lasting lead to the British Pound. The UK economy looks relatively well-supported despite a run of softer data over the past month but Brexit-related worries […]
An Introduction To Vegan Investing
Now, I’ll save the nitty-gritty bits of the vegan investing process for another time, but the main thing that restricts financial advisers from working with vegans is that they simply do not know how to create such a non-diversified portfolio and still gain returns comparable to the stock market. As my post yesterday on focus […]
BriaCell Phase 1/2a Trial Underway
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. On March 15, 2017, BriaCell Therapeutics Corp. (TSXV: BCT) (BCTXF) announced that the U.S. FDA had granted clearance to initiate the Phase 1/2a clinical trial of BriaVax™ in patients with advanced breast cancer. This is […]
Top 10 Habits Of Millionaires For Building Wealth
If building large amounts of wealth was easy, then almost anyone could do it. However, we know that only 6.4% of American adult population are millionaires, and the reality is that not all of those are self-made. What habits and practices helped this elite group in accumulating large amounts of wealth, and how can we […]
Bank Of Japan Leaves Policy, Economic Outlook Unchanged
Confirming the expectations of all 41 economists, The Bank of Japan changed absolutely nothing about its monetary policy tonight following The Fed’s 3rd rate hike in 11 years. The BOJ said in a statement that it would keep the two key rates at current levels, maintain the pace of its asset purchases, and did not change its […]
EUR/USD Post FOMC: S/T Momentum Indicators Turning Bullish – Danske
The Fed pushed the dollar lower and the Dutch elections provided another boost to EUR/USD. What’s next? Here is their view, courtesy of eFXnews: The overall message from the meeting was that the Fed is on track and delivered one of the three hikes it projected back in December 2016 -the Fed has not become more hawkish, […]
What You Should Know Ahead Of Tiffany’s (TIF) Q4 Earnings
Tiffany & Co. (TIF – Free Report) , which designs, manufactures and retails jewelry and other items globally, is slated to report fourth-quarter fiscal 2016 results on Mar 17. Barring the first quarter, the company has outpaced the Zacks Consensus Estimate in the second and third quarters by 18.3% and 13.4%, respectively. In the first quarter, the company […]
US Dollar Sinks After Rate Increase To 1%
EUR/USD 4 hour Investors and traders were looking for a direction from the Federal Reserve (Fed) yesterday regarding the potential path of interest rate hikes during 2017. The Fed indicated that it expects 3 rate hikes during 2017, which seems to match expectations of the market. Despite the interest rate increase from 0.75% to 1%, […]
Fed Hikes Rates By 25 Bps As Expected In A Balanced Meeting
The U.S. Federal Reserve hiked interest rates by 25 basis points at its meeting yesterday as widely expected. This was the second rate hike in less than three months and the third increase since the central bank started its monetary policy tightening cycle in December 2015. The U.S. short-term interest rates are now at 0.75% […]
Global Asset Allocation Update – Thursday, March 16
There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50. The Fed spent the last month forward guiding the market to the rate hike they implemented today. Interest rates, real and nominal, moved up in anticipation of a more […]
