A little logrolling is better than brinksmanship and legislative gridlock we suppose and thanks to GOP concessions on tax credits for wind and solar as well as a three year reauthorization of a conservation fund, Republicans were able to include a measure that lifts the 40-year old ban on crude exports in a package of spending…
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 +0.38%) are up +0.54% and European stocks are up +0.73% on optimism the U.S. economy is strong enough to handle an expected interest rate increase by the Fed today. The markets are expecting the FOMC to raise the federal funds rate by 25 bp and to reiterate…
During the session on Tuesday, the EUR/USD pair fell significantly during the course of the session on Tuesday, as the 1.10 level continues to offer resistance. However, today we have the FOMC Statement coming out, and as a result it’s very likely that we will get quite a bit of volatility in this market today….
Talking Points: Employers hiring extra staff at the fastest rate for over four-and a-half years Flash Eurozone Manufacturing PMI at 53.1, 20-month high Flash Eurozone Services PMI at 53.9, below expectations and a 3 month low See how retail traders are positioning in the majors in your charts using the FXCM SSI snapshot. The Euro was little changed (at the time…
Seriously renewed carnage – likely lies in-wait for market’s, although there are a few possibilities suggesting the more-dire aspects on-hold into early 2016. Of course that’s not a lock, as we’re in for a spate of ‘wild volatility’ immediately, as both bull and bear alike will agree for the ‘wake’ of the FOMC’s most-awaited if overplayed…
Merger and acquisition (M&A) activities across a number of sectors are going through the roof this year. Low interest rates, which may now last only a few days, led the companies to make the most of the easy money era in the U.S. Low interest rates make borrowing cheaper and in turn put less stress…
BlackBerry Limited (BlackBerry) is a provider of mobile communications and services. The Company is engaged primarily in the provision of the BlackBerry wireless solution, consisting of smartphones, service and software. The Company’s four areas of business are Devices business, Enterprise Services, BlackBerry Technology Solutions (BTS) business and Messaging. The Company’s Devices business is focused on…
The day has come when the boxed-in Fed has no choice: with the vast majority of the market expecting a rate hike, Yellen has to deliver or suffer a crushing confidence blow like no other. And deliver she will, with expectations that said hike will be “as dovish as possible”, which however as we explained yesterday,is not…
The bias in silver prices has largely been formed on in depth analysis of the gold market with in mind that while the magnitude of price movement between the two metals varies, the general direction (correlation) does not. For in depth analysis on gold pertaining to this article, please see “Gold Setting the Stage for “Lift-off” Post-FOMC” Silver prices…
Photo Credit: t m Seven sisters sitting on the hill 1) I started in this game as an amateur, and built up my skills gradually, reading widely. My academic studies ended at age 25, and it was after that that I began learning the practical knowledge. Though I had investment-related jobs, I never held a position…
