The choppy conditions spread across all three sectors today with volatility from Australia to America. The only common theme today appeared to be volatility, resulting in the rejection of both large gains and losses! The ASX recovered from a very
April 4, 2018
Almost 800 points off the lows on the heels of Larry Kudlow’s comments after China escalates the global trade war? The stench of The PPT was rife today… Video length: 00:00:06 Chinese stocks went out weak after the trade tariff
ADP reported non-farm private jobs growth at 241,000. Analyst Opinion of ADP Employment Situation This month the rate of ADPs private employment year-over-year growth remained in the tight range seen over the last year. ADP employment has not been a
I have some issues that are taking me away from watching the market. Plus, I need a break from it. So I am posting this mid-day. The Semiconductors are holding up reasonably well so far, and as long as this
GBP/USD will be on the move with U.K. composite and service sector PMI numbers scheduled for release on Thursday. So far we know that manufacturing activity remained stable but construction activity contracted in the month of March. Higher highs
What a reversal today, eh? Jeeeeeeeeez. Anyway, just a glance at a couple of big commodity-focused funds, showing how the world of commodities (which everyone seems bullish about, since it’s an “inflation trade”, straight from the early 1970s) is going south.
The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the
It’s highly unlikely China would dump US treasuries in a trade war. Yet, the talk surfaces all the time. Earlier today, China’s vice finance minister dismisses talk of selling US Treasuries in response to tariffs. China is the largest foreign holder
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a “normal” market environment — one with conventional business cycles, Federal Reserve policy, interest rates and inflation
As expected, USD/JPY is breaking higher after three-wave A-B-C pullback in wave 2)/B), so seems like there’s room for more upside towards 108.00 minimum expectation level for wave C) or maybe even wave 3). USD/JPY, 1h
