by Kenny Fisher German Preliminary GDP is a measurement of the production and growth of the economy and is considered one the most important economic indicators. A reading which is better than the...
It just keeps a goin’ and a goin. What is happening with the increase in reported gold holdings in GLD seems to be oblivious to what is happening with the gold futures. While Comex gold is stuck in ...
AUDUSD has fallen very aggressively last week from 0.7720 that appears to be wave three of an impulsive decline, so we need to consider the idea that top is in place and that big downtrend continuatio...
Crude oil futures rose 3.5 percent in overnight trading on Wednesday, following official data earlier in the day showing a 3.4-million drop in crude inventories and a fall in crude output to 8.8 milli...
The pound had its share of volatility in 2016 and the tendency is not necessarily to the upside, explains the team at BNP Paribas: Here is their view, courtesy of eFXnews: The recent slowing in the UK...
After a few quiet days, there are several important data releases today with Super Thursday for the UK standing out as the most important one. With Brexit looming over the horizon, it is very likely t...
Yesterday’s Trading: The euro/dollar on Wednesday restored from 1.1370 to 1.1446. Over the course of the day, the euro bulls found support from the euro/pound cross rate. The pound weakened against ...
Gold prices moved higher in yesterday’s session, with the move seemingly reflecting a down-shift in Federal Reserve rate hike expectations. Indeed, the metal moved inversely with the policy bets i...
There is a general consensus that valuation indicators are not very useful for market timing. Despite this, the financial media and the blogosphere feature an avalanche of articles warning that the ma...
The API Report tried to over correct from their previous two misses for weekly forecasts, and caused oil traders to be wrong footed going into the EIA Inventory Report. There was just massive volume f...