Opinions, Page 15
How the Markets react to Fed interest Rate Decision
The Federal Open Market Committee (FOMC) financing cost choice on Wednesday at 2 p.m. ET, trailed by a question and answer session at 2:30 p.m. ET with Federal Reserve Chairman, Janet Yellen.It is broadly expected, the Fed won’t raise rates, particularly since the European Central Bank cut rates the previousRead More
ECB Clearly Worried About Deflation & Growth
The ECB took aggressive steps today surprising markets just how far Mario Draghi went pulling out the big guns after two years of promises. The biggest question is will this really help the European economy rebound. Will this easing reach the man on the streets. Will this stimulus help Italy’sRead More
ECB Stimulus: Fool Me Once, Shame on You, Fool Me Twice, Shame on Me
The futures and Forex markets are set up for volatile reactions to the widely expected monetary easing announcement by the European Central Bank. Traders should expect expanded ranges and volatility. Several markets are set up for breakouts that could lead to major moves. These include the EUR/USD, Gold and theRead More
All Eyes On ECB
All Eyes On ECB. In the wake of the release of solid jobs figures the market is getting a busy week, and it will start early. Chinese leaders will meet in Beijing for the National People’s Congress (NPC). Market expectations for this meeting are not very high; however the releaseRead More
Crude Oil Pops Higher on Weekly Chart; Is Gasoline Next?
Crude Oil OutlookWeekly April Crude OilApril Crude Oil is set to finish the week on a five-week high. After establishing support on a short-term pivot earlier in the week, the market clawed its way higher until it took out a weekly downtrending angle. This price action created enough upside momentumRead More
Today’s NFP Likely to be a Non-event as Investors Remain Focused on Stimulus
February’s non-farm payrolls report wasn’t particularly stunning. Traders were looking for a headline number of 191,000 and received one below expectations at 151,000. There was also steady growth in wages and a drop in the unemployment rate. Today’s report is expected to show an increase of 195,000 jobs.Stocks, gold andRead More
CAD V’s USD: Fundamental Strengths and Weaknesses
The USD/CAD Pair Depreciates Sharply in FebruaryThe Canadian dollar has shown incredible resolve in its uphill climb against the greenback since the middle of January 2016. The loonie was trading at over 1.46000 to the USD barely a month ago, but has since clawed its way back to 1.35116, andRead More
Watch for Major Shift in Investor Sentiment if Friday’s Jobs Report is Bullish
Traders should be focusing on several asset classes this week based on the price action last Friday. The boost to U.S. consumer spending and GDP already has investors talking about a sooner than expected rate hike. This puts the emphasis on the February jobs data report due out on MarchRead More
FX Market Exposed to Event Risk
The market was mainly focused on the Brexit story last week as Boris Johnson, the popular Mayor of London, publicly supported an exit of the United Kingdom from the European Union. The upcoming discussions surrounding a potential Brexit will therefore continue to weigh heavily on the pound sterling. Meanwhile inRead More
Global Ucertainties Dominate
Issues keep going for Deutsche Bank. There are growing concerns that the German bank may not pay coupon on its riskiest bonds next year. Its massive derivatives exposure starts also to alarm financial markets. In the U.S., data remain soft even if inflation has slightly picked up. Yet it hasRead More
Can David Cameron Sell A Deal To UK Voters?
To stay or to go, is the big question that is being asked in the UK today. If David Cameron is granted his wish list by the EU can he sell it to his supporters and secure a vote to remain in the Eurozone.Eurozone leaders have brought it down toRead More
Fed Is Backing Off
The week has been extremely volatile. Stock markets went up and down as Janet Yellen admitted in front of the congress that the Fed would consider negatives interest rates but she was not sure “if it could be possible”. Uncertainties are definitely flying over the market and driving broad-based riskRead More
Yellen Slams Another Nail in the Coffin of the Stock Market
The Federal Reserve Chairwoman Janet Yellen appeared last Wednesday before the House Financial Services Committee to discuss the economy and monetary policy. Investors, including myself, were eagerly waiting to see a strong and clear dovish sign regarding future interest rate hikes. Such a sign is desperately needed to give someRead More
USDJPY – Did Dollar Made A Major Top?
Key TakeawaysThe US Dollar has been trading higher against the past several months and also tested the 125.00 handle.However, it looks like the US Dollar may have created a major top against the Japanese Yen if we look at the higher timeframe chart like the monthly chart.There were a coupleRead More
The Age of Plenty
The world is brimming with crude, and refiners and consumers are enjoying a bonanza at the expense of producers, reversing the trend of recent years. But a fall in upstream investment and a lack of urgency in climate change negotiations could be storing up problems for the future.The one certaintyRead More
Global Markets are in Panic: What the JPY Could Tell Us about the Long Term Trading?
Global markets entered what could end up being called a true panic, much of the credit expansion of the last few years has been miss allocated towards emerging markets and commodities. The long-term thesis is that much of the global expansion in production for the last few decades has beenRead More
The Valentine’s Day Effect & How To Trade Markets On The Lover’s Holiday
Valentine’s day is a day of love, romance, and of course, the market process. On this special day lovers across the U.S.—and Canada, Mexico, Australia, New Zealand and much of Europe—buy roses for their sweethearts. A beautiful gift, roses are. Pricey too, especially on Valentine’s Day. The traditional gifts includeRead More
Is Donald Trump A Spoiled Bully Or The P.T. Barnum Of Our Generation?
Over the past several years, the US and its allies and in some cases the citizens of several middle east countries have deposed their violent leaders. What did leaders in countries like Iraq, Yemen, Egypt, Syria as well as many African nations as well as Cuba have in common. TheyRead More
Bitcoin Is Alive And Well In 2016 And Maturing Into A Globally Traded Asset
Bitcoin Is Alive And Well In 2016 And Maturing Into A Globally Traded AssetMost of us know about Bitcoin now even though it’s been around less than a decade it has moved to our mainstream vocabulary. Bitcoin supporter and miners have done a great deal pushing press and keeping inRead More
Brazilian Real Skids Back Towards Record Lows
In keeping with the theme encircling emerging markets, Brazil’s economy is feeling the full impact of weak trade, rampant commodity deflation, and political disaster. In the wake of retreating trade with China and plunging prices for key exports such as oil and iron ore, the economy has undergone a rapidRead More