Japan Is “Fixed” – Machine Orders Suddenly Spike By Most In Over 13 Years
The Aussies did it with their employment data (and then admitted it), and now we see Japan’s Economic and Social research Institute post the most ridiculous macro print ever. Over 4 standard deviations from expectations and almost double the highest expectations, Japan Machinery Orders spiked 15.0% MoM – the biggest since Jan 2003. Up 15% MoM versus […]
Dollar Firmer To Start The Week
The US dollar is firmer but largely confined to the ranges seen before the weekend against most of the major currencies. The yen is also firmer as dollar sellers reemerged near JPY114.00. The dollar is gaining against most emerging market currencies, though Asian currencies, notably the Korean Won, are firmer. Although emerging market currencies and commodities are heavier, […]
EUR/USD And GBP/USD Forecast For March 14, 2016
EUR/USD The EUR/USD pair initially fell on Friday, but found enough support near the 1.11 level to turn things around and form a bit of a hammer. This of course is a very bullish sign, and I believe that we are now ready to go much higher. Because of this, I am a buyer of […]
On Gold, Oil And The Global Markets In 2016
In a special InvestorIntel interview, Publisher Tracy Weslosky speaks with David Market of The Morgan Report and the CEO for Lemuria Royalties Corp. on gold, silver, oil and overall global markets in 2016. He states that “we’re starting a bear market…” but adds “we’re going to see the precious metals particularly come up…more positive prices across the board, but […]
Oil, Copper Prices Stabilize After The Lowest China IP Since 2008
On the verge of upcoming Federal Reserve meeting this week, money managers continued to add long gold positions, according to a weekly report by U.S. Commodity Futures Trading Commission (CFTC). A risk rally late following the ECB’s easing package last week sent gold price lower. However further support came by way of growth concerns due to China’s lowest industrial […]
New Purchase: Agrium
While I’m done with my children’s tuition fund, I had a few dollars uninvested left in my retirement portfolio. Agrium (AGU) has been on my watch list for a while and I decided to enter in a position on February 26th. Please note that Agrium is trading on the TSX as AGU.TO and on the […]
Do Growth ETFs Actually Grow?
Growth doesn’t always get as much respect as longtime guru-favorite Value, and that may have something to do with hype-oriented rhetoric that often surrounds the former. But we need growth. Unless one can argue for growth, there’s pretty-much no point in being in stocks at all, as opposed to less-risky better yielding bonds. So Growth […]
Wrestling With The Bifurcation Of Crude Oil Pricing
Platts, the provider of physicals and futures markets prices affiliated with McGraw Hill Financial, says that it is going to launch a new price reference for Dated Brent CIF Rotterdam. That’s not obviously a stop-the-presses moment, even for the oil markets, but it is worth a pause. The problem for Platts and for Brent in general as […]
Expected Sideways For Euro
Yesterday’s Trading: The first half of Friday saw the euro down against the dollar significantly. However, by the end of the trading session in Europe, everything was back to how it was. The euro/dollar broke from the 112thgradient at 1.1079. Due to an empty calendar, the mood of the players was set by European and […]
“There Won’t Be A Wave Of Layoffs,” “No Stimulus Is Needed”: China Insists That No One Panic
It would funny to watch as Chinese policymakers attempt to pull off the impossible if it weren’t so downright frightening. Beijing, long the global engine for growth and trade, finds itself at a rather vexing crossroads. NBS protestations to the contrary, the Chinese economy is decelerating rapidly in the face of a massive rebalancing towards […]
