Technical Outlook: Overnight futures are failing hard and fast. There is some pumping of USD/JPY currency pair that has lifted futures off the lows this morning, but still looking at a heavy downward ...
Yesterday the Labor Department released data from its December Job Openings and Labor Turnover Survey (JOLTS). One of the items that got lots of attention was a rise in the quit rate to its highes...
This morning, silver prices breached Monday’s high of $15.47, which triggered yet another round of buying. The plunge of the DAX 30, FTSE 100, and USDJPY triggered the move higher in silver, a...
It happened officially on February 1st, but being late to the part does not diminish its significance for the long-term. Google (GOOG) just recently surpassed Apple (AAPL) as the most valuable compan...
All of a sudden, everybody has gone bullish on gold, even Wall Street. Within the last couple of days Jim Cramer, the CNBC Nightly Business Report, and Van Eck Global all sang gold’s praises. Cramer...
This week will see the world’s most influential woman, Janet Yellen, speak to the US congress; this will likely be a high volatility event for the US Dollar. The Dollar Index is a gauge of the stren...
After long weeks at high levels, this weekly barometer of the labor market dipped to more favorable levels: 269K instead of 281K expected. Continuing claims also beat with 2.239 instead of 2.25 millio...
2Y yields crashed 10bps overnight – the biggest plunge in yields since September’s FOMC fold on rate-hikes. The rest of the Treasury bond complex also saw yields crash with 10Y flash-cras...
New filings for unemployment benefits fell 16,000 last week to a seasonally adjusted 269,000, according to this morning’s weekly report from the US Labor Department. The slide represents a timely ...
We start with the United States where Janet Yellen’s testimony suggests that the Fed is becoming more concerned about tight financial conditions, the RMB devaluation, and global economic uncert...