USD/JPY dived after hours (following a day of weakness) after reports from The Wall Street Journal that President Trump told a columnist that he will take his trade fights to Japan next. Yen strengthened as safe haven carry flows reverted home on the
September 6, 2018
Market Analysis Approaching the USDA production and supply/demand reports on September 12, the general expectations are the two major crops output might go in slightly different directions. Last month’s Midwest Crop Tour began this trend. The group’s field checks in
You’d think the previous decade’s housing bust would still be fresh in the minds of mortgage lenders, if no one else. But apparently not. One of the drivers of that bubble was the emergence of private label mortgage “originators” who,
By Steven Levine Beijing-based semiconductor company Tsinghua Unigroup has witnessed a recent freefall in the price of some of its U.S. dollar-denominated bonds. Several factors appear to have coalesced to conspire against the Chinese chipmaker’s notes, including a more challenging financing
The ISM non-manufacturing (aka ISM Services) index continues its growth cycle and improved. Markit PMI Services Index again declined but remains in growth territory. Analyst Opinion of the ISM and Markit Services Survey Both services surveys are in expansion –
After surging to peak levels at the end of August, the Wall Street is once again caught in a web of woes, including lingering trade uncertainty, ongoing troubles in emerging markets, chances of auto tariffs on other countries, Iran oil
There’s trouble in paradise, and by “paradise”, I mean Russia. The ruble came under all manner of pressure on Thursday following comments from Prime Minister Dmitry Medvedev, who decided it was a good idea to say the following at a conference
The weather isn’t the only thing taking a turn for the worse as summer winds to a close; the so-called FANG stocks (Facebook, Amazon, Netflix, and Google/Alphabet) that led the US stock market as a whole higher throughout the summer
Whilst the longer term outlook for gold continues to remain very bearish, in the last few days we have seen some encouraging signs for gold, and whilst one swallow doesn’t a summer make, it will certainly bring some much-needed relief
The bull market seems to keep chugging along with no end in sight. Sure there are days when fear enters the market due to a potential trade war or economic crisis in another country, but every time the stock market
