Browsing Category Finance
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Finance 0
Does The Mexican Peso Have Further To Fall?
Historic Devaluation The Mexican Peso has been under significant pressure over the last year, and the current level of devaluation in the currency is historic in both nominal and r... -
Finance 0
Dollar Is Firmer, But Mostly Sidelined, As Equity Charge Continues
The US dollar is mostly firmer against the major currencies but is confined to narrow ranges, and well-worn ranges at that, but the focus has shifted to the strong advance in equit... -
Finance 0
Crude Oil Prices Mark Time As All Eyes Stay On The White House
Crude oil prices continue to mark time in familiar territory. A larger-than-expected inventory build reported by the EIA applied a bit of selling pressure but failed to push pri... -
Finance 0
Softer Growth Expected For Tomorrow’s US Q4 GDP Report
US economic growth is widely expected to decelerate in tomorrow’s “advance” GDP release for the fourth quarter after a strong increase in Q3. Most forecasters see output risi... -
Finance 0
Global Stock Index On Verge Of All-Time High Propelled By “Dow 20,000” Euphoria
With global stock markets basking in the afterglow of Dow crossing 20,000 for the first time, on Thursday they propelled higher in sympathy with the US, as Asia and Europe are trad... -
Finance 0
3 Things: Inflation, Stocks Vs. Bonds & Everyone’s A Genius
Another View On The Inflation Argument There is little evidence that current levels of inflation are stable. As I wrote in “Inflation: The Good & The Bad”, outside of just... -
Finance 0
Dollar Shaky On Trump Decisions
Though recovering now, the US Dollar continues to be shaky and earlier struck a 7-week trough as concerns grow over a perceived protectionist stance by the US President. Yesterday,... -
Finance 0
Oil And Petroleum Product Inventories Worse Than Last Year
We examine the EIA Data this past week, and it is interesting what a difference a year makes psychologically speaking as we have more inventories in storage across the board yet we... -
Finance 0
Gold Slips As Stocks Surge
Gold prices ended Wednesday’s session down $8.85 as a renewed appetite for riskier assets pushed market players to lock in profits and roll their funds into equities. The Dow Jon... -
Finance 0
Johnson & Johnson Acquires European Biotech Giant Actelion For $30 Billion
Concluding weeks of speculation, overnight Johnson & Johnson (JNJ) announced it agreed to acquire Actelion Pharmaceuticals (ALIOF), Europe’s biggest biotech company, for $30 ...
