April was a rough month for housing. For the first time in a year, housing starts and sales of new and existing homes declined for the monthly comparison. The weakness weighed on the year-over-year ...
In attempt to end the three-year supply problems, OPEC will extend oil cuts into 2018. The cartel plan to extend its supply cuts for an additional nine-months, as expected. The agreement, which will ...
by Chaim Siegel of Elazar Advisors, LLC Many may not have noticed the amazing move the stock and bond markets made yesterday. “What move? I didn’t see any major moves,” you may ask. ...
Stochastics Overbought On Large Cap Indexes Opinion: All of the indexes closed higher yesterday with improvements on some of the charts. Internals were positive on the NYSE and NASDAQ as volumes rose ...
Over the last 30-years, I have endeavored to learn from my own mistakes and, trust me, I have paid plenty of “stupid-tax” along the way. However, it is only from making mistakes, that we ...
EUR/USD: Fed ties further rate hikes to economic rebound Macroeconomic overview: U.S. Federal Reserve policymakers agreed they should hold off on raising interest rates until they see evidence that a ...
by Pinchas Cohen The Big News S&P 500 and South Korean KOSPI achieve record high VIX returning to historic lows After credit cut, Chinese financial shares lead Asian rally, but on suspiciously ...
Chinese financial shares gave global stocks a boost. Meanwhile, the dollar weakened and oil is hanging onto gains ahead of OPEC’s meeting in Vienna today. Oil Crude oil has enjoyed a rally ...
One of our clients from eToro Japan is on a trip to Japan and has just sent us this spectacular picture... Almost made my eyes water. This is one of the largest retail electronic stores in Japan and ...
Cable bounced back from 1.3015, as the UK revised its 1Q growth estimate a touch lower than expected. According to the second GDP estimate, the British economy may have expanded by 0.2% ...
The Dollar Index is heavy, just above the lows set earlier this week set near 96.80. However, this exaggerates the dollar's weakness because of the weight of the euro and currencies that shadow it, ...
The focus overnight has been on the Federal Reserve’s minutes, with moves in oil, bulk commodities and Bitcoin also getting a good focus. Bitcoin is trading like a small cap miner that the ...
EUR/JPY Today’s support: - 125.05, 124.73 and 124.42 (main), where correction is possible. Break would give 123.99, where correction also may be. Then follows 123.78. Break of the latter would ...
Dollar stays generally soft as FOMC minutes delivered little surprise overnight. Fed is generally still expected to hike interest rate again in June. The plan for shrinking the balance sheet was ...
FX Quant Strategy provides a quantitative overview of the currency market, including several valuation tools and monitors, focusing on the FX options market. This week we recommend one FX option ...
Fed hints that 2nd half of 2017 likely to be quieter than the first The minutes of the latest Federal Reserve meeting were enough to send the dollar down to the weakest levels since November overnight...
The U.S. dollar got a boost after the presidential election as markets were encouraged by prospects of lower taxes, fiscal stimulus and deregulation that would accelerate growth of the American ...
