In the recent past, I have discussed global slowdown and potential recession in several articles. I also discussed in one of my recent articles that the GDPNow indicator from the Federal Reserve Bank of Atlanta estimates GDP growth for 1Q16 at 1.4% (March 24, 2016 estimate). The Federal Reserve Bank of Atlanta has released new estimates (March…
EUR/USD Signal Update Yesterday’s signals were not triggered. Today’s EUR/USD Signals Risk 0.75% Trades must be taken before 5pm London time today. Long Trade 1 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.1068 and 1.1035. Put the stop loss 1 pip…
EUR/USD Signal Update Yesterday’s signals were not triggered. Today’s EUR/USD Signals Risk 0.75% Trades must be taken before 5pm London time today. Long Trade 1 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.1068 and 1.1035. Put the stop loss 1 pip…
Let’s start with the US economy where we continue to see debate around the trajectory of inflation rates. The Fed economists view the core PCE price index as the most important inflation indicator for the US. And on Monday that measure came in softer than forecast. This plays into Janet Yellen’s recent skepticism about the…
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place. According to Clipper Data market intelligence cited by the Financial Times, we’ve seen a 5 percent…
For the first time since January 2009, 12-month Saudi Interbank rates have breached 2.00% – double the 1% lows of August. This ‘stress’ is also evident in the record pace of collapse of Saudi money-supply. While Riyal forwards have rallied back from extreme bets on devaluation, they remain concerning for Saudi officials who to undertake…
WTI Crude Oil The WTI Crude Oil market went back and forth during the day on Monday, finding the area above the $40 level to be a bit too resistive. Because of this, we ended up forming a bit of a shooting star, which looks fairly neutral in the face of a hammer on the…
A momentum strategy is a favorite approach for many investors out there. Who doesn’t like the idea of buying a surging stock or ETF and riding it to even bigger gains? However, in uncertain market environments, like we find ourselves in today, you need to consider safety too. Equities have been extremely volatile as of…
The DAX 30 (FXCM: GER30) is higher by 0.47% at the time of writing, as trading resumes after being closed for a few days due to the Easter holiday break. Asian shares are on average softer and the Australian S&P/ASX 200 (FXCM: AUS200) is lower by 1.44%, while the Shenzhen Composite is down by 1.75% (delayed)….
About that Deflation! Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinzō Abe, all of the preceding forgot to get the opinion of consumers. Here’s the real deal on alleged deflation: An increasing number of Japanese elderly are repeat shoplifters, trying to get caught, hoping…
