EUR/JPY The EUR/JPY pair initially fell during the course of the week, but found enough support underneath the 125 level to turn things back around and form a hammer. The hammer of course is a very bu...
Most markets are closed today. For some reason, the US takes Good Friday off and not Monday, which is better, because then you get to come back to a short week, which feels like another vacation. An...
US personal income and spending ticked higher in February, but the year-over-year growth trend slowed on both counts, the Bureau of Economic Analysisreports. There’s still a positive trend in the n...
Generally speaking, rising prices tend to temper demand, but when it comes to gold in China, the recent price rally has created the opposite effect. As the Wall Street Journal put it, “Chinese inv...
The Fed can remain in no rush to raise rates: its favorite inflation measure is not going anywhere fast: only 0.1% m/m. The upside is that y/y, the figure remains unchanged at 1.7%. This is still belo...
Brexit impact on value of British pound sterling: With a potential “Brexit” approaching, Goldman Sachs says regardless of the outcome the British pound sterling will be a “fashionable” and...
The dollar edged up against the euro and yen on Monday continuing its rebound last week following hints from U.S. Federal Reserve officials that an interest rate hike could be introduced sooner than a...
Weekly Market Outlook – March 28, 2016 After five straight weeks of gains, the market finally buckled. It wasn’t a big pullback last week – only 0.6% – but all big trends start...
This picture caught my eye, as some think certain things are hard to accomplish, due to age. Speaking of “age and accomplishments,” the chart below of the Wilshire 5000 came to my mind. CLICK O...
Back in December, New York-based China Beige Book International released what they called a “disturbing” set of data that pointed to pronounced weakness in the Chinese economy. “National sales...