Please try another search
EUR/USDToday’s support: -1.1306 and 1.1283 (main), where correction is possible. Break would give 1.1258, where correction also may be. Then follows 1.1239. Break of the latter would result in...
Deal generates material earnings enhancementSlater & Gordon Ltd (ASX:SGH) has announced the terms of its acquisition of Quindell’s Professional Services Division (PSD) for an initial cash...
Voting beginsIt’s finally Election Day in the UK. By 10pm tonight, millions will have voted in sports halls, churches and schools across the land. Also at that time, we should have the first...
Market Movers The UK general election will be held today and polls continue to suggest a hung parliament. Although the election outcome is far from certain, it seems likely that Labour and the...
The timing and magnitude of the surge in EUR/USD alongside the slide in Bunds over the past week has surprised us. Near term, technicals and positioning warn of further EUR/USD gains towards pre-QE...
Monitoring purposes SPX; Short SPX on close (4/29/15) at 2106.85. Monitoring purposes Gold: Flat. Long Term Trend monitor purposes: Flat We have mentioned before about the “Three Drives to...
A negative session in the US and Asia overnight is looking to weigh on European markets ahead of the open on Thursday, with futures currently pointing to a slightly lower open across the board.We have...
Today’s general election in the UK will dominate the news cycle, but while we’re waiting for results, let’s keep an eye on a trio of economic releases: new industrial orders in...
The money multiplier effect no longer works.As you (hopefully) know, we live in a fractional reserve banking system: if the bank is required to have $1 in cash reserves for every $10 in loans, it...
When an event repeats frequently, it becomes a pattern. A pattern, in which a lot of people wholeheartedly believe in and act upon. Buying oversold dips in the major indexes has been very lucrative in...
The economic mover and shaker this week is the Friday employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, probably the most publicized...
Here’s Paul Krugman confidently declaring that the Fed doesn’t even indirectly influence the broad money supply via QE: I do think Glasner misses a point when he says that: “the...
We had another ugly day in Treasuries yesterday, Wednesday, May 6th, 2015.Here are the recent returns for the iShares 7-10 Year Treasury Bond (ARCA:IEF) (first column) and iShares 20+ Year Treasury...
Until the European morning I was feeling comfortable with the development. Beyond was yet another blow to my dollar bullish view. This break of expectation implies my daily structure is incorrect...
While a weak euro had initially provided a boon to European stock markets, a strong US dollar appears to have out warmed its welcome, with the Euro having appreciated from a level of 1.058 in...