Latest Posts
-
Finance 0
German Bond Yields Surge To 18-Month High After FOMC, ECB Minutes
US, German, UK and Japan government bond yields rose Thursday as investors took stock of global monetary policy following FOMC and ECB minutes. German 10-year rates were the most aggressive climbing 19.66% to 0.56%, an 18-month high. In addition, the move to the upside broke a range which the bund had oscillated within throughout the year. Among the other significant movements in the sovereign bond market was the US 10-year yields rising 0.68% to 2.38% – approximately a 2-month high. Identical maturity UK yields ascended 4.4% to 5-month highs reaching 1.31%. In Japan, the JGB rate climbed 13.04% to hit 0.10%, also a 5-month high. The ad... -
Finance 0
3 Ways To Buy The Dip
Buying the dip in any stock or index can be a difficult task for an active investor. Not only do you have to worry about trade location, but also key factors such as initial position size and risk management parameters. There is a lot to take in and easily second guess yourself when looking to start a new position in the teeth of a correction. What if you are too early? What if you buy too much or not enough? What if you wait too long and it rockets higher while you are still on the sidelines? These questions are valid risks and opportunities that flow through our minds in real-time with real money on the line. Fortunately, there are some t... -
Finance 0
UK Turning Its Back On Trade Deal With Japan
The folly that is Brexit means that the UK will be turning its back on the putative trade deal signed between Japan and the EU in just 21 months. At the moment, the UK benefits from all EU trade deals which are negotiated by the EC under direction from the member states, but when the UK ceases to be a member, it will need to attempt to renegotiate all these deals again from scratch. Whilst the UK may wish to adopt the EU WTO tariffs on leaving the bloc, that would be a matter that could require the blessing of all WTO members. The agreement reached between the world’s largest trading bloc and its third largest economy was announced today. I... -
Finance 0
EUR/USD And GBP/USD Forecast – Friday, July 7
Video Length – 00:01:24 EUR/USD The EUR/USD pair rallied on Thursday as we continue to see strength in the Euro overall. With today being Nonfarm Payroll Friday, we are likely to see quite a bit of volatility in the US dollar. I believe that the market favors the upside, but we need to break above the 1.15 level to see a longer-term moved to the upside. Once we break above that level, then it becomes a “buy-and-hold” situation. Alternately, if we break below the 1.13 level after the announcement, that should send this pair much lower, perhaps down to the 1.11 handle. Ultimately, this is a market that will be volatile as it typically... -
Finance 0
Rethinking The Fed: More Tightening Than Priced In? Next Financial Crisis Coming Up?
Time and time again, the Fed sows seeds of the next financial crisis in actions it takes to mitigate the previous financial crisis that it caused. Have we reached that point yet? The Guardian reports Central Banks Raise Alarm Over New Crash After Steep Rise in Lending. Soaring stock markets, which have become detached from underlying values, were another sign that unjustified exuberance had replaced last year’s overly pessimistic reaction to political events such as the US election and the UK’s Brexit vote, BIS cautioned in its annual report published on Sunday. Claudio Borio, the chief economist at the BIS, welcomed a turnaround in gl... -
Finance 0
G19
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 158 = 21,320 SPX – 22 = 2409 NAS – 61 = 6089 RUT – 19 = 1400 10 Y + .04 = 2.37 OIL + .16 = 45.29 GOLD – 1.70 = 1226.00 BITCOIN +0.08% = 2621.33 USD ETHEREUM – 1.30% = 265.59 The G20 Summit is underway in Hamburg Germany. China’s President Xi Jinping and German Chancellor Angela Merkel pledged to work together more closely on a range of issues. Japan and the European Union agreed a free trade pact to create the world’s biggest open economic area and signal resistance to what they see as President Trump’s protectionist turn. German chancel... -
Finance 0
France’s Sovereign Debt, India-Sino Dispute And Stocks To Watch Out Today
Share markets in India closed the Thursday session on a positive note on the back of strong recovery in PSU banks. Hopes of positive quarterly earnings and -free roll-out of the goods and services tax (GST) also lifted sentiment. The Nifty ended above 9650-mark after clocking 9700 during the day’s trade. The Sensex closed up 124 points. State Bank of India, ITC, and Bharti Infratel gained the most, while Baja Auto, Mahindra and Mahindra and Hindalcolost the most. Global Markets Adrift Amid Uncertainty Asian stocks fell broadly on Thursday as minutes from the Federal Reserve’s last meeting showed a lack of consensu... -
Finance 0
USD/JPY And AUD/USD Forecast – Friday, July 7
Video Length – 00:01:08 USD/JPY The US dollar went back and forth during the day on Thursday, as we continue to bounce off of the 113 handle. That being the case, looks as if the market is simply waiting for the Nonfarm Payroll Numbers to come out, as it tells us which direction the market should be heading. The interest rate situation in the United States will be dictated by employment, so it’s likely that we will see volatility, and we should continue to go to the upside. The 114 level will be tested next if we rally, just as the 115 level will be tested after that. Pullbacks from here will continue to see support at the 112 level. ... -
Finance 0
UK Productivity In Further Decline
Loosely said, productivity is a measure of national output divided by the number of workers in productive employment. It can also be thought of as the amount of work done by an employee per hour. Consequently, productivity is closely bound to economic output and the profitability of the companies engaging the workers. Theoretically, if productivity rises, employers should be able to increase the wages of their staff which will in turn boost consumer spending (the converse is also true). UK productivity has declined to a level seen reversal to pre-crisis levels (late 2007) according to the Office for National Statistics. ONS states that hourly...
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
