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    Forex Forecast: Pairs In Focus – 2/7/2016

    The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to determine which currency pairs are most likely to produce the easiest and most profitable trading opportunities over the next week. In some cases it will be trading the trend. In other cases it will be trading support and resistance levels during more ranging markets. Big Picture: 7th February 2016 Last week I highlighted sho...
    On February 7, 2016 / By
  • Finance 0

    Factors To Consider When Trading The USD/CAD Currency Pair

    Currency trading is one of the most volatile and exciting vocations in the economic trading arena. For those who don’t know, currency trading dwarfs the activities of stock market trading many times over every single day. Trillions of dollars in currency trades are undertaken whenever the markets are open, and one of the most popular currency pairs in North America is the USD/CAD currency pair. If you’re wondering what factors are important when it comes to determining whether you should place call options (buy the USD/CAD pair) or put options (sell the USD/CAD pair), they are pretty much the same for every single currency. This is to s...
    On February 7, 2016 / By
  • Finance 0

    International Economic Week In Review: No Central Theme

    Once again, negative Chinese news started the week, with Markit reporting a 48.2 PMI. Production dropped; orders and prices were weak. The service sector expanded, with the PMI rising from 50.2 to 52.4. The composite index was a barely positive 50.1. Manufacturing is the biggest problem for a large number of markets. As the following chart shows, it’s been contracting for 11 consecutive months: Markit also released Canada’s PMI.While it increased 1.8, it was still a contractionary 49.3. There were good points, however. Thanks to a weaker Loonie, exports rebounded. But due to weak oil prices, the Canadian manufacturing sector has been in a...
    On February 7, 2016 / By
  • Finance 0

    Canada Adjusts To The Oil Price Shock

    Guest post by Norman Mogil What does the oil price  collapse mean for Canada? A simple question with an answer that is anything but simple. As the Governor of the Bank of Canada (BoC), stated  the “oil price shock is complex because it sets in motion several forces ” that will alter the path of Canada’s economic future. The Governor goes on to argue that “it may take up to three years for the full economic impact to be felt, and even longer for all of the structural adjustments to take place.” Just what are the structural and time factors that we need to understand as we adjust to the new environment o...
    On February 7, 2016 / By
  • Finance 0

    What’s In Store At Spirit Airlines In Q4 Earnings?

    Low-cost carrier Spirit Airlines (SAVE – Snapshot Report) is set to unveil its fourth-quarter and full-year 2015 financial results before the opening bell on Feb 9. In the third quarter of 2015, the company posted a positive 5.47% earnings surprise. Let’s see how things are shaping up for this announcement. Factors at Play Last month, Spirit Airlines provided an encouraging forecast with respect to operating margin for the final quarter of 2015. The Miramar, FL-based discount carrier expects operating margin for the quarter to be approximately 22.5%. The fresh outlook represents a marked improvement from the previous projection of...
    On February 7, 2016 / By
  • Finance 0

    Ukraine Bonds Crash After Economy Minister Resigns Over “High-Level Corruption”

    While the rest of the world’s bond yields are collapsing and prices soaring (as NIRP sweeps the globe), Ukraine’s ‘young’ implicitly-US-taxpayer-backed bonds have plunged to record lows. The reason – aside from simply disturbing economics… …is, as The FT reports, the dramatic resignation of the economy minister accusing a senior presidential ally of blocking his attempts to root out graft and stymieing his plans for reform. Abromavicius exclaimed, of the Washington-installed elite at Kiev’s heart, “I realised there is an intention to unwind the process of making all of this transparen...
    On February 7, 2016 / By
  • Finance 0

    Weekly Economic & Political Timeline – 2/7/2016

    The coming week ahead is likely to be much quieter compared to the turmoil and volatility we have seen over recent weeks, as the overall news release agenda is exceptionally thin. There will be a few items of crucial U.S. economic data coming, but no central bank actions whatsoever. Additionally, the entire week is a public holiday in China, and will also be observed by Chinese communities around the globe. Monday is a public holiday in New Zealand and Thursday is a public holiday in Japan. U.S. Dollar The week begins for the Greenback on Wednesday with the Chair of the Fed testifying before the House and the release of Crude Oil Inventories ...
    On February 7, 2016 / By
  • Finance 0

    Economic Events Of The Coming Week – 2/8/2016

      Monday: December Balance of Payments data will see light in Japan. December Industrial Output data will see light in Spain, currently with an impressive 5.7% annual expansion. Tuesday: Money Supply data will see light in Japan. Analysts expect M3 broad Money to continue bloating at a pace of 2.5% annually. In Germany, December Industrial Production data will see light. In the U.S. December’s Wholesale Inventories data will see light, with analysts eyeing further contraction in their level. Coca Cola (KO) will release the fourth quarter’s earnings report and an Earnings Report is also due by Walt Disney (DIS). Wednesday: January’s ...
    On February 7, 2016 / By
  • Finance 0

    Institutional Investors Embrace Illiquid Assets; 80% Of New Fund Launches In Energy Space

    Institutional investors are increasingly turning to illiquid assets and active management strategies to combat macro-economic trends, anticipated market volatility and divergent monetary policy, according to a new survey by BlackRock. BlackRock polled 174 of its largest institutional clients, which together represent more than $6.6 trillion in assets (public pension funds (25%), corporate pension funds (34%), official institutions (1%), insurers (25%), investment managers (6%), endowments and foundations (7%), and others (4%)), about their asset allocation plans following the recent market volatility. The survey found that investors are ...
    On February 7, 2016 / By
  • Finance 0

    3 Business Services Stocks To Bet On Amid Q4 Earnings Conundrum

    The U.S. economy had an unenterprising end to 2015 as the GDP increased at a paltry 0.7% annualized rate in the fourth quarter, bringing its tally for the year to 2.4% – identical to that recorded in 2014. Although the Fed took off its brakes for the first raise in interest rates in nearly a decade in December, on perceived improvement in the economy, the short-term jitters are likely to prevent it from raising it further anytime soon.   On the surface, it appears that the economy failed to receive any ‘slingshot’ momentum from strong third-quarter growth, primarily due to the fallout of the growing global malaise on domestic activity....
    On February 7, 2016 / By