Browsing Category Finance
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Finance 0
Euro Resilience To Be Tested By PMI Data, ECB Commentary
The preliminary set of July’s Eurozone PMI surveys headlines the data docket in European trading hours. Consensus forecasts suggest the pace of factory and service sector act... -
Finance 0
Gold Price Broke Above Trend Line Resistance
XAU/USD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 alread... -
Finance 0
FX Spec Positioning Hits Multi-Year Extremes As Dollar Tumbles, Euro Soars
Following the latest weekly battering of the USD, which has tumbled to near one year lows, the latest CFTC net spec positioning (which traditionally represents a lagging picture of... -
Finance 0
Macro Mondays: Credit Basics
Oh, credit. Seems like you can’t sit in front of the TV for any length of time without seeing some advertisement for a credit card or something to use to monitor your credit ... -
Finance 0
EUR/USD Uptrend Aims For Next Target At 1.1750
EUR/USD 4 hour The EUR/USD showed a classical break, pullback and continuation pattern above the 1.15 resistance level. Price is still in a wave 3 (orange) momentum which could las... -
Finance 0
Sensex Opens Marginally Higher; Lupin Gains 1.7% In Early Trade
Asian stocks markets were trading mixed as market focused on the weaker dollar and the upcoming two-day policy meeting of Fed later this week. The Nikkei 225 is up 0.86% while the... -
Finance 0
Crude Oil Prices May Fall Absent Hopes For Deeper Output Cuts
Crude oil prices tumbled after tanker tracker Petro-Logistics SA said OPEC output will exceed 33 million barrels per day in July, making it the largest yet this year. That stock... -
Finance 0
Stocks Watchlist: INCY, CAVM, ACM
Today’s stock picks Long Incyte (INCY) Long Cavium Networks (CAVM) Short Aecom Technology (ACM)... -
Finance 0
Oil Got Trounced And Solar Soared In The First Half
The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half ... -
Finance 0
What Kinder Morgan Tells Us About MLPs
Kinder Morgan (KMI) reported earnings last week, including a long expected dividend hike and a pleasantly surprising stock buyback. In many ways the stock performance and corporate...
