The main event of the day is the start of a new era at the Bank of England. Until now, at the conclusion of the MPC meeting, the decision would be announced, but no press conference was typically held. A few weeks later the minutes would be released, and the vote revealed. Starting today, the minutes…
It may be the middle of a hot summer but there is a lot going on in the financial markets across the globe. The Bank of England is scheduled to report on its monthly update on industrial activity for Britain at 11:00 GMT. This week’s forecast updates from the National Institute of Economic and Social…
Update: the release and Minutes are out, and it would appear that the BOE finally pulled up an oil chart, and as a result the report was far more dovish than consensus had expected” Bank of England maintains #BankRate at 0.5% and the size of the Asset Purchase Programme at £375 billion… — Bank of England…
T2108 Status: 36.1%T2107 Status: 37.5%VIX Status: 12.5 (was as low as 10.9!!!)General (Short-term) Trading Call: NeutralActive T2108 periods: Day #198 over 20%, Day #6 over 30% (overperiod), Day #13 under 40%, Day #53 under 50%, Day #70 under 60%, Day #269 under 70% Reference Charts (click for view of last 6 months from Stockcharts.com):S&P 500 or SPYSDS (ProShares UltraShort…
Think Amazon (AMZN) is just the world’s largest online retailer? Think again. As technology advances, so does Amazon’s reach in the sector – to the point where it now competes with some of the largest companies in the world in a variety of fields. For example… In Amazon Web Services, it has a mammoth cloud-computing business that rivals the…
Is the financial deprivation of entire nations engendering a new level of frustration and political unrest? Are the unlikely top-ranked US presidential candidates a sign that the Europeans aren’t the only ones who want to “throw the bums out?” Ellen engages these emerging political themes in her conversation with renown author, advisor and Economics professor…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Article highlights: – AcuityAds Holdings is an undiscovered SaaS play on the Toronto Venture Exchange that commercialises a next-gen digital advertising platform. – They rank among the fastest growing tech companies in North…
GBP/USD Signals Update Yesterday’s signals expired without being triggered as none of the key levels were reached during the London session. Today’s GBP/USD Signals Risk 0.75% per trade. Trades must be made between 8am and 5pm London time today only. Short Trade 1 Short entry following a bearish price action reversal on the H1 time frame…
We often we concentrate on U.S. indexes and Treasuries and miss the bigger picture. Here are some interesting charts to remind us of the current state of the market. Keep in mind that unlike equities, forex and commodity prices do have a strong impact on the real economy and imbalances are hard to…
How can the economy grow by roughly one-third in real dollars while real median household income drops like a rock? Based on gross domestic product (GDP), the U.S. economy has grown smartly since 2000: GDP rose from 10,031 in 2000 to 17,840 in mid-2015. That’s an increase of 77.8%. If we adjust GDP for inflation, we…
