Weekly CEO News from Richard Ingram
July 9, 2017

Crude Oil Vulnerable To Further Downside; Loonie & Pound Make Significant Moves In Sentiment ?Large speculators (non-commercials) in Japanese yen futures increase bearish bets for 3rd straight week, according to the latest CFTC IMM report through last Monday (July 3rd).  

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There have been several articles recently proclaiming and detailing the fundamentals for gold. A few of them have some excellent points. Most of them don’t.  And there have been some polite discussions of applicability, meaning, and intent with regards to

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HEADLINES: +222,000 jobs added U3 unemployment rate rose +0.1% from 4.3% to 4.4% U6 underemployment rate rose +0.2% from 8.4% to 8.6% Here are the headlines on wages and the chronic heightened underemployment: Wages and participation rates Not in Labor

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Fundamental Forecast for GBP/USD: Bearish – The British Pound was one of the weaker currencies last week, hurt by weaker PMI and trade data. – The retail crowd remains net-short GBP/USD, but short positioning has shrunk significantly over the past week suggesting a turn

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A constant flow of ideas for trading is the life blood of a trader, but that doesn’t mean it’s easy. You need a process. Video Length – 00:16:11

Ok, well this should be an interesting week. We’ll get the BoC, which will make Bloomberg’s Luke Kawa happy because it means Canada will be in the spotlight for once. He’s got some fun Canada-themed socks we imagine he might wear on

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July 9, 2017

Chart Of The Day

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Fundamental Forecast for Japanese Yen: Bearish USD/JPY is quickly approaching the May-high (114.37) ahead of the semi-annual Humphrey-Hawkins testimony, with the pair at risk for a larger advance as the Federal Open Market Committee (FOMC) appears to be on course to further

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Life can be difficult for a financial market trader, particularly in the current economic climate. From Donald Trump’s chaotic Presidency in the U.S. to the host of geopolitical conflicts unfolding across the globe, it is almost impossible for even the

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It’s never easy when bonds and stocks decline at the same time, but despite the much-publicized death of the “risk parity” strategy, I don’t think the past few weeks’ price action qualifies as decisive evidence. After all, the S&P 500

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