If you have a pulse and own a stock, The Washington Post points out, you probably have seen Peter Tuchman’s face. But a household name he isn’t. The 60-year-old trader is perhaps the most iconic face of The New York Stock Exchange
February 18, 2018
Recent economic data has bond yields jumping a little bit on the worry of higher future inflation. According to many this is the main concern behind the recent volatility in stock and bond markets so let’s see if we can’t
Talking Points: S&P 500 nearing a potential test; FOMC minutes on Wednesday DAX not as buoyant as other markets; German & Eurozone Zew surveys on Tuesday FTSE starts the week with resistance straight away; UK GDP on Thursday S&P 500 To start the week, markets
USD/CAD remains in the downtrend from 1.2920 and the bounce from 1.2248 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2248 support could take price to next support level at
Dollar/Yen endured yet another week of deep falls, eventually breaking below the September trough and reaching the lowest levels since November 2016. The dollar’s weakness was the main driver and talk of an intervention helped stabilize the losses. The pair now
Phenomenal persistence was anticipated into the mid 2700’s as we’d approach the holiday weekend. However the way it held together in the face of ‘protectionist’ omens from Commerce Secretary Ross, was altogether reflective of how this fearless market remains on
The end of the line is coming for 60 million global apparel workers, mostly in Southeast Asia. A Wall Street Journal video explains How Sewing Robots May Put Human Hands Out of Work. Jobs like these will vanish.? Let’s backtrack with
The year of the Rooster was positive of China stocks and ETFs. In the last one year (as of Feb 9, 2018), the largest China ETF iShares China Large-Cap ETF (FXI –Free Report) gained about 24.9% with most gains coming from 2017.
The Australian dollar initially lost ground but recovered quite quickly. Can it regain the 0.80 level? A lot depends on the central bank, with its meeting minutes. China remains on holiday and this may impact trading volumes. Here are the highlights of
Such a high hurdle indeed: Base Camp 1377. For as we stated a week ago, each time Gold as if a magnet pulls in the prices of the 1360s, it is repelled by the pushing forces emanating down from the opposing
