With the stock market on a record tear, investors increasingly view hedges as a money-losing operation. With volatility at consistently low levels, more investors are revising their strategies on risk. Apparently these is no downside risk anymore as Investors Abandon Hedges.
January 8, 2018
The release of the December employment report last Friday and today’s investment survey for 2018 have upped the odds that the Bank of Canada (BoC) will raise rates at its January 17th meeting. Canada created 79,000 jobs in December and
Talking Points: Crude oil prices stall at 2.5-year highs before API, EIA releases Gold prices may pull back on upbeat remarks from Fed officials What is driving long-term crude oil price trends? Find out here Benchmark commodity prices have made little progress since setting
Even though the headline jobs report missed, there were enclaves of strength. As you can see in the bottom chart, the labor force participation rate among men aged 25-54 increased to 89% on a seasonally adjusted basis. This is about
There is a huge shock in store for those who have been lulled to sleep by a stock market that has become accustomed to no volatility and only an upward direction. And that alarm bell can be found in the
Please find here below this week’s wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts. EUR/USD The EUR/USD is either building a bullish wave 3 (pink) or a wave C (not visible on chart yet). A
Even though equity markets around the world continue to march higher, and show no signs of slowing down anytime soon, it seems investors would still rather invest in bonds. According to the latest issue of Bank of America’s Flow Show Report, during
GBP/USD enjoyed the initial weakness of the US dollar to rally and stalled at a high level of resistance, 1.3615. And as the dollar recovered, cable retreated but never went too low. There are reasons for the pound to go
Speculators significantly increased exposure to Nasdaq 100 and S&P 500 futures, according to the latest Commitment of Traders (COT) report. Equity markets, meanwhile continue to ignore overbought warning signs, breaking out to fresh record highs to open the new year.
