This week will see a somewhat lighter news agenda than last week, with central bank input expected from Canada and Australia, as well as some crucial economic data from the U.S.A., China, and the U.K. Any further developments regarding Syria
April 15, 2018
The Dow Jones saw its latest correction bottom on March 23rd declining to -11.58% in the BEV chart below. Since then the Dow Jones has oscillated from just below -10% and up to the -8% BEV levels as bulls and
The Trust Mandate: The behavioural science behind how asset managers really win and keep clients by Herman Brodie and Klaus Harnack (Harriman House, 2018) is a short book (about 130 pages of text). It starts by looking at some seeming anomalies
Ask most people how much a lottery ticket is worth and the most probable answers will be the price of the ticket, the value of the jackpot or simply: “Is it a winning ticket?” The value of a ticket for
GBP/USD is facing 1.4345 resistance. A breakout of this level would indicate that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed, then next target would be at 1.5000 area. Support levels are at 1.3950 and 1.3711, only a
In Thursday’s commentary I suggested that the market would follow any big reaction to the XLF ETF and suggested the following course of action should a big move occur. “So how should you use this opportunity to have one day
The CBO projects trillion dollar deficits by 2020 and 2 trillion by 2028. Long History of Growing Debt The Bipartisan Policy Center reports Trillion Dollar Deficits Coming Soon. Here’s Why It Matters. When CBO published its mid-2017 update, the projections were
The Australian dollar advanced nicely as trade came back to fashion once again. The upcoming week features the RBA minutes, Australian jobs and the Chinese GDP. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia needs
Is the global economic recovery over? That is the question investors are grappling with just as Q1 earnings season – the best since 2011 with its 18% Y/Y expected EPS growth – enters its busiest week yet. Meanwhile, as discussed here extensively
Relative to recent history, this week’s Commitments of Traders Report contains few notable changes. Looking at the data, the most significant moves include rising net long positions in the euro and falling net long positions in the Australian dollar. Changes
