Most Fed Policymakers Favor Delaying Further Rate Hikes
With the exception of Chicago Fed President Charles Evans, who came across as a tad hawkish, Bostic, Bullard and Rosengren were all in line with the minutes of the Federal Reserve December minutes which showed policymakers were willing to pause interest rate hikes given the volatility in financial markets andRead More
New Zealand Dollar Surges on Patient Fed, Optimistic Trade Talks – Can Buyers Extend Rally?
The strong momentum into Friday’s close suggests the rally will likely continue this week especially if the U.S. Dollar resumes its downtrend and an air of optimism over the timely end of the U.S.-China trade dispute lingers.Read More
Earnings Season Once More. Can the Bulls Survive?
It’s been a particularly choppy start to the year for the U.S equity markets. The Dow fell to 2019 low 22,686.22 before bouncing back to hit 24,000 levels on Thursday. A number of drivers have dictated direction at the turn of the year.Read More
Who Will Succeed Mario Draghi?
Currently finishing a very bold mandate that started back in 2012, Mario Draghi is ready to hang up his boots as the President of the European Central Bank (ECB) on October 31 of this year.Read More
Hope for the Best, Prepare for the Worst
This idiom could not be more applicable as we look to 2019 after global markets erased their gains for the year after almost 10 consecutive years of a bull run. As complacency spread in 2017 amid high global growth and decreased political risk, 2018 seemed much less benign. But doesRead More
The Brexit Conundrum: How the UK Holds the Forex Market Hostage
On June 23, 2016, the UK decided to leave the European Union. This has made a lot of people very angry and been widely regarded as a bad move.Read More
The Big Events that Shook the Financial Markets in 2018
It was quite a year for the global financial markets, with never a dull moment seeing the U.S majors hit record highs before hitting bear territory late in the year, the year culminating in the Dow seeing its worse Christmas Eve on record and its best single day gain inRead More
Are We at the End of the Economic Cycle?
2018 was a rough year for traders, as they faced extremely high market volatility and uncertainty. Worse yet, there are signs that indicate that we’re not going to get any relief next year – in fact, 2019 might be even tougher for traders. Are we at the end of theRead More
Unpredictable Predictions 2019
Everyone wants to know what to expect in the New Year. Traders are not an exclusion. This time we created something new and interesting for you. We think that it’s boring to talk about things you can expect yoursRead More
This Week’s Fed Meeting: Pressure on Powell to Sound Dovish, but Not Too Dovish
Ahead of the meeting, investors are expressing concerns about the U.S. economy and whether the Fed would hike further after December. As recent as September, the Fed came out as a little too optimistic about the economy next year. At this meeting, they may come down a little on theirRead More
With Saudi Arabia Preparing to Slash Shipments to U.S. Refiners, Crude May Be One Big Inventory Draw Away from Sparking Rally
Saudi Arabia’s plan is pretty clear. Their strategy is to cut exports to the United States in order to prevent a build in U.S. crude oil supply. Since they plan to make their move starting in January, this is likely to have a more immediate effect on prices then predictionsRead More
OECD Warns of Hard Landing in Australian Housing Market, Others See RBA Rate Cut in Late 2019
The Australian Dollar is likely to remain under pressure throughout 2019. The on-going trade dispute is likely to continue to weaken exports which should force the RBA to keep policy unchanged because lower rates are helping to keep the economy afloat as it rides out the storm. However, an escalationRead More
What’s the Current Status of Weed Stocks?
During the last year, weed stocks were flying high on the hope that this legalization will inspire other countries around the world to follow suit. What’s next for the cannabis industry?Read More
U.S. Dollar – Three Factors Signaling Major Top
The combination of the tame inflation report, comments from Fed Chair Powell on cooling global demand and the dovish comments from Fed Vice Chair Clarida stating the Fed is getting closer to neutral, are all signs the Fed may slow its pace of rate hikes and this should be bearishRead More
Historical Analysis of Italy and Its Relations with the EU
With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future.Read More
Are We Going to See Another Financial Crisis in the Coming Years?
There are too many variables to accurately predict whether a crash will happen. The world has been slow to recover since 2008, but progress is being made, and the modern world has woken up to the dangers of complacency.Read More
Stock Market Whipsaw: Trust Kudlow, Not Unnamed Sources
Ah, the dreaded unnamed sources are to blame. They seemed to know more about the potential deal then say Trump’s chief advisor Larry Kudlow according to Bloomberg. Why not ask Kudlow you say? Well he must’ve been too busy preparing for his interview with CNBC.Read More