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Brexit has now officially been triggered and the British have until March 29, 2019 to find common ground with the European Union. Negotiations are likely to be rocky and it will be interesting to see...
Today’s Main Market MoversYesterday marked the official start to Britain’s exit from the European Union. Article 50 of the Lisbon treaty has been invoked, commencing the two-year...
Contracts written to purchase previously owned homes rose in February by the most since July 2010. Up until now, the US housing market has been suffering a drought, with a severe lack of homes for...
Dollar attempted for recovery overnight but momentum has been very weak. Boston Fed President Eric Rosengren's hawkish comments provided brief lift to the greenback. But weakness in stocks and yield...
If your sole barometer of what was going on in the world was a chart of the pound’s performance, then yesterday looked like a very normal day; a slight sell-off in the morning, a recovery at...
The near-term outlook for the US economy isn’t terrible, but assuming that growth is destined to accelerate sharply due to Trump administration policies looks challenged in the wake of last...
There is in interesting dichotomy currently occurring within the economy. While consumer confidence, as reported by the Census Bureau, soared to some of the highest levels seen since the turn of the...
Wrong FocusIf one searches for news on LIBOR (=London Interbank Offered Rate, i.e., the rate at which banks lend dollars to each other in the euro-dollar market), they are currently dominated by...
FTSE -5 points at 7368 DAX +15 points at 12218 CAC +1 points at 5070 Euro Stoxx 50 -2 points at 3473The GBP/USD shortly spiked down to 1.2376, as the UK officially triggered the Brexit on Wednesday....
A storm is brewing in the stock market, and it has nothing to do with the failure of Trumpcare.Right now U.S. corporations are sitting on nearly $2 trillion in cash here at home. And according to...
EUR/AUDToday’s support: - 1.3995 (main), where correction is possible. Break would give 1.3974, where correction also may be. Then follows 1.3946. Break of the latter would result 1.3922. If a...
Here’s what we at The Trader Guy for watching for March 30: 1:30 PM GMT US Final GDP quarter over quarter is released. Expected to be 2.0%, a number higher than that should be good for the US...
In the euro area, the first inflation figures for March will be released today with the Spanish and German HICP inflation figures. We look for a decline in inflation in both countries reflecting lower...
Recognizing strengths and weaknesses among primary asset classes is the core goal of our Tactical Trend strategy. The strategy seeks to identify relative strength and trend strength in an attempt to...
Eurozone business sentiment on track to reach a six-year high in March Economists say Germany’s consumer price index will edge lower this month Any upside surprise in German CPI would drive...