Looking at this week’s Commitments of Traders Report, there are few notable changes in speculator positioning. The only move worth highlighting can be seen in Swiss franc net positions. For the second week in a row, speculators cut back on
September 16, 2018
USDJPY Analysis and Talking Points: Easing Trade Tensions and Widening Spreads Bearish JPY BoJ Rate Decision and CPI in Focus Fundamental Forecast for JPY: Bearish The Japanese Yen had been notably weak against the USD with losses of over 1%. While the economic calendar
With the consumer price report Tuesday morning, let’s conclude this week-long focus on jobs and wages by updating real average and aggregate wages. Through July 2018, consumer prices are up 2.7% YoY, while wages for non-managerial workers are up 2.8%.
I flipped cautiously bullish last week. As I suspected, the prospects for a bounce were not as good as the previous time the stock market was similarly over-stretched. The S&P 500 (SPY) gained 1.1% in a week of choppy, sometimes
Are you ready? A new industry is on the cusp of significant expansion. This is according to a just-released report by the Brightfield Group. It has calculated that the hemp-CBD market alone could reach $22 billion by 2022. Even for
The news keeps on coming, folks. Manafort, tariffs, hurricanes, and Kavanaugh are a few of the stories that sit atop the market’s strong shoulders. These headlines brought out the doomsayers. Nobel Prize winner Robert Shiller said that he is not
Nike’s tenet “Believe in something. Even if it means sacrificing everything.” is inspirational. While some are applauding Nike for standing up for what it believes, others (who disagree with Nike on this issue) find themselves torn between their love of
The EURUSD pair may have closed higher the past week but could see a move lower following its price reversal on Friday (see daily chart). On the downside, support lies at the 1.1600 level where a violation will aim at
Every month, the NY Fed conducts a survey of consumer expectations. The lead chart is from the Fed, I created the others The New York Fed Survey of Consumer Expectations shows “Consumers’ Expectations Largely Stable; while Home Price Growth Expectations Continue
