Daily Briefing : May 16, 2013
CurrenciesEUR/USD- the pair has bounced from its support on a 30 minute time frame. The RSI is showing that the bias could be to the upside.USD/JPY- the price is trading in a bullish channel on a 30 ...
CurrenciesEUR/USD- the pair has bounced from its support on a 30 minute time frame. The RSI is showing that the bias could be to the upside.USD/JPY- the price is trading in a bullish channel on a 30 ...
In Q1 2013 activity kept contracting in the eurozone. According to Eurostat’s flash estimate, GDP came in worse-than-expected, falling by 0.2% q/q, after contracting by 0.6% q/q in the previous ...
1) The first thing to realize is that diversification across insurance subindustries usually does not work. Do not mix: Life & P&CFinancial & AnythingHealth & AnythingMaybe you can ...
Net Net Working Capital Background: The original concept of NNWC came from Benjamin Graham, as he loved to pick up stocks trading at dirt cheap valuations. Put simply, NNWC stocks are those that trade...
International investors are the most bullish they’ve been on the U.S. and Japanese markets in more than 3-1/2 years as both countries’ economies are seen as improving, according to the ...
While growth in the world’s third largest economy, Japan, surpassed expectations in the first quarter, expanding at its fastest pace in a year, an important pillar of growth was missing: revival...
Industrial production declined in April by the most in eight months, indicating American manufacturers will provide little support for an economy beset by weaker global markets and federal budget ...
Japan’s economy grew at a faster than expected pace in the first quarter, led by robust private consumption and a rebound in exports on the back of the government’s radical policies to ...
China retained its lead over Japan as the largest foreign creditor to America in March, U.S. Treasury Department data show.China’s holdings of Treasuries fell 0.1 percent in March to $1.25 ...
France played a decisive role in shaping not only the euro system but the entire European project. This history has predisposed French leaders to the goal of preserving the euro at all costs. Those ...
Yesterday saw a mixture of results, the best of which were the EUR/USD (6 points below target) and GBP/USD (point perfect at the top of the projection range.) I was a bit perplexed at first, as I saw ...
At first blush, the German economy appears to be ailing – at first blush because the stock market, in its omniscient manner, doesn’t see it that way. It’s predicting wondrous ...
Housing starts are expected to total 1.013 million in April in today’s update, based on The Capital Spectator's average econometric forecast (seasonally adjusted annual rate). That’s a ...
Monday's article on the average to above-average results that usually describe a passive allocation to all the major asset classes brought charges of foul play from some quarters. A few critics said I...
The recent rumors that George Soros was involved in a big way in the fall off the Australian dollar sent us back to the good old days of Soros’s notoriety, the 1992 deal that forced the Brits to...
As the major US averages grind to more new highs, I am seeing signs of confirmed upside breakouts everywhere. Consider, for example, this relative performance chart of the S&P 500 SPDR ETF (SPY) ...
Industrial production fell more than expected last month, sliding 0.5% in April. That’s a bit deeper than economists projected, and it's an even bigger drop relative to the modest gain that my ...
| SPX 500 Futures | 1663.95 | +15.95 | +0.97% | |||
| NQ 100 Futures | 3024.60 | +26.35 | +0.88% | |||
| US 30 | 15354.79 | +121.57 | +0.80% | |||
| DAX | 8398.00 | +28.13 | +0.34% | |||
| FTSE 100 | 6723.06 | +35.26 | +0.53% | |||
| Japan 225 | 15138.12 | +100.88 | +0.67% | |||
| US Dollar Index | 84.34 | +0.44 | +0.52% |
| Gold | 1357.75 | -29.15 | -2.10% | |||
| Silver | 22.190 | -0.469 | -2.07% | |||
| Copper | 3.316 | +0.021 | +0.64% | |||
| Crude Oil | 95.91 | +0.74 | +0.78% | |||
| Natural Gas | 4.059 | +0.127 | +3.23% | |||
| US Cotton No.2 | 86.34 | +0.32 | +0.37% | |||
| US Coffee C | 137.00 | -3.25 | -2.32% |
| Euro Bund | 145.16 | -0.04 | -0.03% | |||
| Euro BTP | 116.57 | +0.68 | +0.59% | |||
| Euro BOBL | 126.675 | +0.060 | +0.05% | |||
| UK Gilt | 117.69 | -0.35 | -0.30% | |||
| US 2 YR T-Note | 110.25 | -0.02 | -0.02% | |||
| US 10 YR T-Note | 131.84 | -0.50 | -0.38% | |||
| US 30 YR T-Bond | 143.89 | -1.29 | -0.89% |
| Central Banks | Interest Rates | Next Meeting | |||
|---|---|---|---|---|---|
| FED | 0.00%-0.25% | Jun 19, 2013 | |||
| ECB | 0.50% | Jun 06, 2013 | |||
| BOE | 0.50% | Jun 06, 2013 | |||
| SNB | 0.00% | Jun 20, 2013 | |||
| RBA | 2.75% | Jun 04, 2013 | |||
| BOC | 1.00% | May 29, 2013 | |||
| RBNZ | 2.50% | Jun 12, 2013 | |||
| BOJ | 0.10% | May 22, 2013 | |||