Economic data is not a favorite of the investing public – I understand – but I happen to enjoy it and it provides very insightful pieces for the overall economic picture. One of my favorite to look into is in
August 31, 2016
A eurodollar futures contract affords the buyer the opportunity to obtain a $1 million eurodollar deposit for a three-month term at the expiration and execution of the contract. The rate to be paid for that deposit is 100 points minus
Previous: The euro/dollar updated its weekly maximum due to a general strengthening of the dollar after the publication of strong consumer confidence data. The report’s figures increased the chances of there being an interest rate hike from the Fed in
S&P 500 The S&P 500 fell during the day on Tuesday, as we continue to see quite a bit of volatility in the stock markets. This of course has a lot to do with the fact that there is very
EUR/USD suffered from the dollar’s strength falling below the post-Brexit highs that it struggled to break. The next move depends on the monthly close: Here is their view, courtesy of eFXnews: Monthly MACD histograms are stretched for USD crosses The number of
Here’s the question of the day: Do you believe there is food price deflation? The reason I ask is the Wall Street Journal reports Food Price Deflation Cheers Consumers, Hurts Farmers, Grocers and Restaurants. The U.S. is on track this year
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The Permian Basin is one of the last profitable areas to still
Let’s get things straight when it comes to silver (and gold): its outlook is not looking good. The fact that the 2016 silver price rally stalled exactly at the 2008 highs which happens to coincide with a secular bear market
During the course of the day on Wednesday, we get several different announcements coming out during the day. We have CPI numbers coming out of the European Union, the ADP nonfarm Employment Change numbers coming out of the United States,
Gold settled down $12.43 at $1310.91 on Tuesday, weighed down by a strong dollar. Gold prices tumbled to their lowest level in two months after the Conference Board reported that its consumer confidence index jumped to an 11-month high in
