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Market BriefIn China, equity indexes bounced back into positive territory with the Shanghai Composite up 6.35% and the Shenzhen Composite up 3.76%. However, it may not be for good reasons. On the one...
EUR/USDToday’s support: - 1.0980(main), where correction is possible. Break would give 1.0955, where correction also may be. Then follows 1.0933. Break of the latter would result in 1.0908. If a...
Gold drops near four-month low amid Greece concerns, Chinese shares selloffGold dropped near its lowest level in four months on Wednesday as it continued to fail to act as a safe haven amid the...
Chinese and European shares have rebounded while U.S. stocks were lower as the trend seen in previous days was reversed. Chinese stocks recovered about 6% early on Thursday as China does its best to...
Sentiments in the financial markets continued to be volatile. The NYSE had the biggest trading halt in two years overnight due to a computer glitch. DJIA ended the day down -261.49 pts, or -1.47% to...
On Wednesday, Greece formally asked for a three-year bailout. The European Union’s leaders have given a Sunday deadline on whether formal negotiations on this bailout program make sense or...
Confusion over how the end game for the Greek crisis plays out will continue to weigh on sentiment today. Meanwhile, the Bank of England will issue a new policy announcement, followed by a couple of...
The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its...
Let's take a close look at Thursday's employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government's Employment Situation Summary are the numbers...
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly...
Last week CNN Money featured an article with the optimistic and intriguing title "More American teens are getting jobs. That's good for everyone." The article opens with an example of 16-year-old...
The Sentier Research monthly median household income data series is now available for May. The nominal median household income was up $614 month-over-month and up $1,734 year-over-year. That's a 1.1%...
Yesterday saw mixed results and in one particular case, quite a dramatic one – but a development I had forecast although wasn’t quite ready for it yesterday…So… while GBP/USD...
The recent parabolic leveraged speculative rise and fall of the Shanghai Composite is reminiscent of silver’s epic rise and crash during 2011. Have a look: Silver (2010-2011) Shanghai Composite...
“There are decades where nothing happens; and there are weeks where decades happen.”– Vladamir Lenin The Federal Reserve’s June monetary policy meeting was only three weeks...