It has been a trying time for the world’s central bankers, who for decades have been used to the “high finance” community’s adulation, derived from the deliverance of policy wrapped in so much opacity, gibberish and contradictions, that neither the
July 1, 2017
If you are a credit investor, you should be worried right about now. For one thing, you could be a hermit whose only connection to the outside world is a chart of IG and HY credit spreads that updates daily and
Chinese President Xi visited Hong Kong for the first time. The US has proposed $1.3 bln of arms sales to Taiwan. The Egyptian government raised fuel and cooking gas prices. significantly as part of the IMF program. South Africa’s parliament
Fundamental Forecast for CNH: Bullish Yuan Gains on Chinese Premier Li’s Talk; Eyes Resistance ahead of PMI Australian Dollar Stays Firm After China Mfg PMI Beat The Yuan had its largest weekly gain against its U.S. counterpart since January, amid the
The markets weren’t really expecting ECB president Mario Draghi to announce or say anything ‘shocking’ last week, but it’s now starting to look like Mr Draghi and Mr Carney, the President of the Bank of England (the Central Bank in Great
Volatility Kick Just Waiting For The Bond Bears Energy-less Oil Sector & Market Analysis 401k Plan Manager Last week, I discussed the “Breakout Failure As Resistance Holds” stating: how, despite the carnage in Technology and Discretionary sectors, the overall market was mostly unaffected.
The Nasdaq ended a volatile week at the low of its recent range. In this crucial weekend video update we look at the risk correlations in the market which are on the rise. Watch this video to find out the
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of July 3 July 3 PMI Manufacturing Index – June 52.1 52.1(p) 52.2
VIX challenged its mid-Cycle resistance at 15.08 before closing beneath Intermediate-term resistance at 11.61. A rally that closes above Long-term resistance at 12.58 implies that VIX may challenge its Ending Diagonal trendline at 17.50 in the following move. (ZeroHedge)
Speculators bought back previously sold Canadian dollar and Mexican peso futures positions in dramatic fashion in the CFTC reporting week ending June 27. Yet, in some ways, what is striking may not be the covering of 33.2k Canadian dollar future
