Gold prices ended the week up nearly 5% to settle at $1173.19 an ounce, the highest level since October 28. The recent turbulence in global equity markets and lackluster demand for the greenback drove strong gains for gold last week as investors sought safe haven assets. Friday’s data from the Commodity Futures Trading Commission (CFTC)…
Monday, February 8 Wednesday, February 10 Thursday, February 11 Yelp, Inc. (YELP) Information Technology – Internet Software & Services | Reports February 8, after the close. The Estimize consensus is calling for EPS of -$0.04 and revenue of $152.54 million, right in line with Wall Street estimates. Compared with Q4 2014 this represents a projected…
Today’s Economic events Japan current account 1.64Tn. vs. 1.59Tn Japan Bank ending y/y 2.30% vs. 2.20% previously Japan average cash earnings y/y 0.10% vs. 0.70% Australia ANZ job advertisements m/m 1.0% vs. -0.10% previously Japan economy watchers sentiment 46.6 vs. 48.5 Eurozone Sentix investor confidence 6.0 vs. 7.2 Coming up US Labor market conditions index…
Today’s Economic events Japan current account 1.64Tn. vs. 1.59Tn Japan Bank ending y/y 2.30% vs. 2.20% previously Japan average cash earnings y/y 0.10% vs. 0.70% Australia ANZ job advertisements m/m 1.0% vs. -0.10% previously Japan economy watchers sentiment 46.6 vs. 48.5 Eurozone Sentix investor confidence 6.0 vs. 7.2 Coming up US Labor market conditions index…
Hot stocks of the day: SPY, UGAZ, UNG, GDX Video length: 00:06:14
The Canadian dollar made quite an amazing turnaround, with a move worth over 1000 pips. Also the pound is a bit wild. What’s next? The team at CIBC examines: Here is their view, courtesy of eFXnews: Loonie’s Change in Flight Path Too Dramatic. It’s been a wild start to the year for the C$. Having fallen…
Bloomberg News recently made an astounding proclamation in a news release , by nothing less than postulating a return to a gold standard. Let me repeat. Bloomberg, a part of the mainstream media propaganda machine which often bashes all things related to gold (including the gold standard), is now advocating a return to a gold standard. However, a…
The week-over-week change in our aggregate world market watch list was a disappointing 2.90% decline, a major reversal from the previous week’s 1.10% gain. China;s Shanghai Composite was the top performer, up 0.95%. The two Eurozone indexes were the big losers, the CAC 40 at -4.90% and the DAXK at -5.24%. Here is an overlay…
The FTSE 100 (FXCM: UK100) has now breached its January 26 low of 5767 and is expected to drift to the January 21 low of 5660 over the coming days ahead. Traders not short will most likely use a pullback to the regions of 5800 before turning bearish, as the risk/reward ratio is favourable here. The overall trend will…
They were wrong. The best part of waking up isn’t the prospect of sipping on some dreadful freeze-dried coffee. It is, instead, holding my breath, bracing myself, turning on my screen, and see it covered in sangre de cristo. Now if you’ll excuse me, I had probably find some pants to put on for the trading…
