The Federal Reserve is considering another rate hike, perhaps as early as this month, but the Treasury market’s estimate of future inflation signals skepticism from the vantage of government bond traders. The implied forecast, based on the yield spread between
June 2, 2016
A small miss on Markit’s construction PMI, with 51.2 points, reflecting minimal growth. This is still above the manufacturing sector, but nothing to write home about. GBP/USD is bouncing just a bit on a seemingly “buy the rumor, sell the fact” reaction:
The month of May always draws investors’ attention thanks mainly to the popular trading maxim, “Sell in May and Go Away.” This hints at the seasonal un-favorability in the investing world as indicated by historical underperformance. The average return of
EUR/USD Signal Update Yesterday’s signals were not triggered as there was insufficiently bearish price action at 1.1167 and 1.1200. Today’s EUR/USD Signals Risk 0.75% Trades may only be entered between 8am and 5pm London time today. Long Trades Go long following
The ECB and some US data may have a strong impact on EUR/USD today, which is trading higher for the last 24 hours but for now only with three waves so upside can be limited. But there is room for
T2108 Status: 65.7%T2107 Status: 64.5%VIX Status: 14.2General (Short-term) Trading Call: cautiously bullishActive T2108 periods: Day #76 over 20%, Day #75 over 30%, Day #72 over 40%, Day #6 over 50%, Day #5 over 60% (overperiod), Day #21 under 70% (underperiod)
Just days after Toyota (TM) became the latest investor in Uber, in hopes of boosting car lease transactions, FT reported that Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is investing $3.5 billion in the ride-sharing company. This would
On Wednesday, the markets managed to close the day out with a minor gain, after having a terrible start in the morning. It all started with Chinese economic data in the morning that put pressure on the Dow Jones. The index
Today’s main focus shifts to ECB rate decision. ECB is expected to keep rates unchanged and not signal further easing ahead. In the US, traders will be focusing on 2 FED member speeches to clues as to when a rate
From time to time we track the put-call ratios for GDX, GLD and SLV. The put-ratios for GLD and SLV gave good timing signals in 2015. GDX’s signals are a bit more tricky and we have not paid much attention
