April 8, 2017
Fundamental Forecast for British Pound: Bearish •GBP Points South After Weak UK Data And Widening Trade Deficit •EUR/GBP Technical Analysis: Four-Month Uptrend Challenged •GBP/USD Continues to Consolidate above 55 Day Average •GBP/USD: Fret Not, a Resolution is at Hand- Critical Support 1.23 The broader
In the Currency Strength table, the USD was the strongest currency while the EUR was the weakest.| There were some significant changes last week with the USD and the CHF gaining 3 points. The AUD lost 5 points. The other currencies remained around the same level
Citigroup’s crack trio of credit analysts, Matt King, Stephen Antczak, and Hans Lorenzen, best known for their relentless, Austrian, at times “Zero Hedge-esque” attacks on the Fed, and persistent accusations that central banks distort markets, all summarized best in the following Citi chart,
Fidelity Select Banking (FSRBX – Free Report) a Zacks Rank #2 (Buy) invests at least 80% of assets in common stocks of companies principally engaged in accepting deposits and making commercial and principally non-mortgage consumer loans. This Sector – Finance fund, as
Usually, when news of potential deals emerge, company executives will use buzzwords like “synergies” and “profit acceleration” to tout the virtues of an acquisition but what do these mergers mean for shareholders? Here are some key things you need to
The Middle East’s largest oil producer is in serious trouble as it continues to burn through cash. Not only is Saudi Arabia burning through its foreign exchange reserves at a rapid pace, its future net oil exports will continue to
Agricultural markets looked very bullish in February when we wrote three reasons why agricultural commodities could start a new bull market. Interestingly, since then, they did break out only to retrace in March. In early April, the agricultural index GKX
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the USD(4X) followed by the JPY(3X). The weaker currencies are the EUR(4X) followed by the AUD(2X) and the NZD(2X). A
Regular readers have been kind enough to let us regale them with the unfolding drama that is the bursting of America’s $1.2 trillion auto bubble. We call it Car-mageddon. Of course anyone who’s been paying attention over the past six or
