European Stocks To Open Lower As Oil Slips
European markets are expected to open lower on Monday, following mixed trade in Asia and a drop in oil prices that continues to hit investor sentiment in global markets. London’s FTSE 100 is seen off 31 points at 6,159; France’s CAC 40 is expected to open 24 points lower at 4,438, while Germany’s DAX is […]
45? It’s Not Too Late To Retire A Millionaire – Here’s How
Written by Eric Nelson Are you way behind in saving for retirement, or haven’t started at all? Good news: There’s a way out of your predicament! Follow these three basic principles religiously and, along with a little luck, you still should be able to achieve your long-term financial goals. What if you’re about 45 today and […]
Fed Remains Cautious, Keeps Interest Rates Unchanged
U.S. interest rates were left unchanged at 0.5% during Wednesday’s Federal Reserve (Fed) meeting. The Fed stated that unemployment is getting better but they are waiting for inflation to meet the 2% target set by them. Moreover, the U.S. policymakers forecast that the economy will continue growing at a moderate pace. Fed raised interest rates […]
Silver Gone Wild Report
Early on Monday morning (Arizona time), silver began to rise. From its close on Friday of $15.46, itran up to $15.82. Then it began to slide, eventually dropping to $15.17 by midmorning on Wednesday. Then… *BAM* The Fed said not a lot. It will go on manipulating the rate of interest rate to the same level as it […]
Fractional Reserve Banking – An Interview With Claudio Grass
The Swiss “Vollgeld” Initiative Revisited Bloomberg has numerous offices around the world, many of which appear to have quite an independent streak, at least that is our impression. Readers who occasionally watch clips from Bloomberg’s Asia Edition are probably aware of this. One can often see in-depth interviews there with people who espouse views far […]
Chart Of The Week – Soaring C&I Loans – Corporate Execs Steal It While They Can
Look what’s happening with Commercial and Industrial Loans. They are soaring at an 11% rate.But that money is not going toward investment in the expansion of business. Too much of it is being used for financial engineering, as corporate executives use the finds to buy back their stock options, thus lining their own pockets while […]
Forex Critical: Speculators Beat A Major Retreat From Bearishness On The British Pound
A bottom for the British pound just got more likely. The latest data from the CFTC shows that net speculators beat a major retreat from net short positions against the British pound: Bearish sentiment is suddenly in major retreat on the British pound (FXB) Source: Oanda’s CFTC’s Commitments of Traders The chart shows that speculators have […]
Expected Euro Fluctuations In 1.1250 – 1.3335 Range
Yesterday’s Trading: The euro/dollar on Friday closed down. The ECB’s head economist Peter Praet hinted at a possible extension of their current monetary stance. The euro found a support at 1.1255. From here the rate restored to 1.1306. US stats helped it to restore to this level. The strengthening underwent some interference from the euro/pound […]
Fed Secures Stocks’ Recovery
Dovish Fed announcement helps markets conclude recovering from rough year start S&P concludes fifth consecutive weekly gain, as it adds 1.35% CBOE VIX Index decreases to lowest since December USD/JPY hits lowest since Oct 14 Solid backwind from Wednesday’s dovish Fed rate announcement helped stocks see continue recovering. The leading S&P500 index increased 1.35%, completing […]
Coffee Smells Stronger At A 5-Month High
Coffee futures touch a 5-month high on production drop and weaker US Dollar. But is there more room to the rally? The May contracts for Coffee Futures continues to see a bullish run in the markets as prices touched a 5-month high on Friday. Coffee futures, KC_6K settled on Friday at 133.85 marking a third […]
