Sensex Opens Flat; Sun Pharma Loses
Most Asian equity markets opened lower today. Stocks fell as soft US economic data added to investor concerns. The Shanghai Composite is off 0.94% while the Hang Seng is down 0.21%. The Nikkei 225 is trading lower by 0.31%. The US equities were lower across the board in their previous trading session amid the geopolitical […]
USDJPY, Yields Slide, Gold Spikes As Markets Finally Respond To Latest Set Of Economic, Geopolitical Shocks
With markets shut on Good Friday, even as the one-two knockout punch of the worst monthly core CPI print in 7 years hit… … coupled with a miss in March retail sales, which suffered their biggest two month drop in 2 years… … on Sunday night traders were desperate to catch up, or rather […]
Gold Prices Rise As North Korea Tensions Keep Markets On Edge
Gold prices rose as a dour mood prevailed in thin holiday trade. Stocks in Japan – one of the few major markets not closed for the Easter Monday holiday – declined in a move that appeared linked to geopolitical jitters after North Korea conducted a ballistic missile test (albeit unsuccessfully). Investors appear concerned about escalation after reports emerging […]
Mainstream Media Joke Of The Week: “Trump Tanked The US Dollar”
Last Wednesday, president Trump commented, “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me.” Numerous mainstream media reports were was all over Trump’s statement, attributing major moves in the US dollar to Trump’s statement. Now that the dust has settled, let’s recap some headlines and […]
The Greatest Rally Of All Time? The Day Of 1987 Crash
Howard Marks, the famed investor who runs more that 100 Billion at Oaktree Capital, tells a story of a phone call that changed his life. He had a conversation with Michael Milken who was just starting out as the king of junk bonds at the time. Milken told him that, “If you buy AAA or […]
How Wage Growth Contributes To The Australian Economy
from The Conversation — this post authored by Graham White, University of Sydney The Fair Work Commission is considering whether to increase Australia’s minimum wage. The Australian Council of Trade Unions is arguing for a A$45-a-week rise. Industry, arguing that currently business has limited ability to afford wages increases, wants the increase capped at 1.5% (closer to $10 a week). While […]
Top 4 Trading Assets This Week – Sunday, April 16
US Eschews Multilateralism in Favour of America First Policy US Commerce Secretary Wilbur Ross launched a scathing rebuke against IMF head Christine Lagarde who accused the US administration of protectionist measures. Wilbur Ross, the billionaire investor whom Trump tasked with heading the Commerce Department, has pooh-poohed comments by Lagarde and other European organizations accusing the […]
Weekly Gold And Silver Update: The Correction Is Over
Our proprietary cycle indicator is now up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable […]
What Bullish Sentiment Means For Oil Prices
$OSX is on a major buy signal, which can last for months and years. Speculative sentiment, according to open interests in the Commitment of Traders report, suggests that current sentiment is too bullish to support overall higher prices. What appeared to be a breakout this week was promptly reversed, thus resulting in a trend that […]
All Aboard The Geopolitics Train! “Thoughts For The Week Ahead”
All aboard the geopolitical risk train! It took one Brexit, one Trump, a close call with Geert, 59 Tomahawk missiles, and a whole helluva lot of Pyongyang saber rattling, but everyone is finally coming around with regard to the fact that geopolitics is going to be the dominant driver of asset prices in a post-central bank […]
