1. The US-German 2-year interest rate differential (swap rate) is a useful directional guide to the euro-dollar exchange rate. At about 105 bp it is the highest since 2005. The US premium had peaked in late 2004 near 185 bp.
November 2, 2015
The US Cash Deficit for October 2015 ended up at $119B on $236B of net cash revenues and $355B of cash outlays topping last October’s deficit by $9B. Revenue: Cash revenue was down $10B…the first YOY miss since January
American International Group, Inc. (AIG – Analyst Report) is a world leader in insurance and financial services with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life
The Chart of the Day belongs to Luxoft Holdings (NYSE:LXFT). I found the software development stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of 50.00+ or more, then for technical buy signals of 80% of better then lastly
No question about it the trend is bullish. If you’re a trend follower, and we are, you have to go with it holding our nose but still stay long. Economic data in the U.S. included an unremarkable decline in Construction
As you may recall the ‘Silk Road’ countries are China, India, Russia, and Turkey. A recent article noted that flagging clearing volume for gold in London indicates a ‘lack of interest’ in the precious metals. But does it really? I
by Dirk Ehnts, Econoblog101 While the German press does not seem eager to report this (for instance, there is no article on SPON), one can turn to British (non-euro zone) news to get the story (from The Telegraph): Eurozone crosses Rubicon as
Investors are making BlackBerry’s (BBRY) stock move again. Since announcing the Android BlackBerry device, BlackBerry quickly rolled out its launch. The stock quietly rallied alongside this release. Shares bottomed at $6.02 on September 28 and closed recently at $7.50. Looking
Straight from the off it was a day which belonged to bulls. There was no let up from what was a steady rise higher from open to close. Volume was a little disappointing, but it was a good day for
How Did the Stock Market Do Today? Dow Jones: 17,828.76; +165.22; +0.94% S&P 500: 2,104.05; +24.69;+1.19% Nasdaq: 5,127.15; +73.40;+1.45% The Dow Jones Industrial Average today (Monday) added 165 points to turn positive for 2015 after optimism increased due to positive manufacturing data from around the
