In the latest indication of contracting global growth, overnight Hong Kong reported that its Q1 GDP fell off a cliff 0.4% qoq, widly missing estimates of 0.1% growth as retail sales plummeted and th...
All the world’s eyes were on Thursday’s BoE (Bank of England) meeting regarding the prospects of the monetary policy. The MPC (Monetary Policy Committee) voted with a unanimous 9-0 for mai...
Consumer spending revived in April after slumping in March, the US Census Bureau reports. Today’s update offers new support for arguing that economic growth will strengthen in the second quarter a...
We’ve got another big win here, picking up a nice 12.50% in just 5 trading days. We have captured 91.66% of the maximum potential profit in the Currency Shares Euro Trust (FXE) May, 2016 $113-$116 i...
S&P 500 The S&P 500 went back and forth during the course of the session on Thursday, testing the 2060 level for support. This is a market that ultimately has quite a bit of bullish pressure u...
Finally some good news from the US: retail sales beat expectations on all measures and all the revisions are to the upside. Headline sales advanced 1.3%, the control group by 0.9% and core sales by 0....
After years of a giddy boom in mergers and acquisitions with ever sillier valuations (made possible by an endless flow of easy money from yield-starved investors and fee-hungry banks, under the eyes o...
EUR/USD: With EUR/USD following through lower on the back of its Thursday losses on Friday, further downside pressure is expected. Support lies at the 1.1300 level. Further down, support comes in at t...
EUR/USD The EUR/USD pair fell during the day on Thursday, as we continue to bounce around the 1.14 level. However, I think there is enough support just below to turn things back around and eventually ...
One recurring question over the past few weeks has been “who is buying” stocks in a world in which not only the smart money, but everyone else too is selling. The latest Lipper data will...