Monday: Preliminary fourth quarter Gross Domestic Product data will see light in Japan. Analysts see a 0.8% annualized contraction of the economy eroding much of the previous quarter’s gain. December’s Final estimate for Industrial Production will also see light in Japan, as will the Tertiary Industry Index. ECB President Draghi is scheduled to speak in…
Investors have become unhinged. The increased volatility and dramatic market moves challenge even the most robust investment strategies. This sets off a chain reaction of money and risk management that further amplifies the price action, like an echo chamber. Then a cottage industry of reporters, analysts and bloggers offer explanations often without distinguishing the initial…
Recent market and statistical weakness has led to increased discussion of a possible US recession.In this column, I will argue that instead of a recession, we’re facing a situation similar to the mid-1980s, where the economy also experienced slowdown caused by high oil prices, a strong dollar slowdown and weak oil sector.But there is insufficient weakness…
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to…
The move in gold, up 17% year to date, is important, according to ConvergEx’s Nick Colas… We’ll be blunt: most financial asset investors really hate gold. Anything – even leaving money in the bank – is better than owning gold since at least society has access to your capital through the banking system. Once you buy physical…
■ Stocks continue to bleed amid global flight to safety ■ Concerns of large banks becoming insolvent ■ Oil touches lowest level since 2003, but manages to recover on Friday ■ Gold surges 5.5%, to highest in more than a year ■ Yellen puts negative U.S. rates on the table Markets endured yet another…
EUR/USD: Although holding on to its upside offensive, EUR/USD faces pullback threats on loss of momentum at the end of the week. On the downside, support is located at the 1.1200 level and if violated, expect more weakness to happen towards the 1.1150 level. Further down, support lies at the 1.1100 level where a violation…
The market sell-off that started at the beginning of the year has led to increased talk of recession. But the underlying data of most major economies does not point to that potential outcome (at least, not yet). The EU continues to grow slowly, as does the UK. Australia is making the transition from a raw materials…
Video Length 00:31:49 Maurice Jackson: Welcome to Proven & Probable. I’m your host, Maurice Jackson, and joining me today is an adviser to Institutional Investors on Investing in the junior mining companies. His name is Jayant Bhandari. Jayant, thank you for joining us today. Jayant Bhandari: Maurice, thank you very much for having me today….
GBP/USD The British pound fell initially during the course of the week but found enough support below to turn things around and form a bit of a hammer. By doing so, it looks like the market is ready to try to go higher and I think if we can clear the range for the week,…
