With the first round of the French presidential elections fast approaching this Sunday, April 23, traders have remained noncommittal about pushing various FX pairs in any concerted direction. Ahead of this Sunday’s vote, the overall frontrunner, Emmanuel Macron – who, according to French polling institute Ifop has the best chance to beat right-wing populist Marine…
Oil is struggling to find direction in the aftermath of the French terror attack, worries about the French election and the direction of U.S. tax reform. Crude oil is on track to have its worst week since March even as reports that petroleum demand in the U.S. is at its best level since the financial…
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With the euro (somewhat perversely) heading for its second week of gains versus the dollar and its biggest in three months, there’s probably no better time to ask the following: “what happens in the event ‘Frexit’ risk rises?” As we and every other commentator have made clear over the past month or so, Le Pen isn’t…
Surge in NZ Inflation After five years running below, inflation in New Zealand has finally returned to the bank’s 2% target. The latest data shows that CPI rose 2.2% YoY in Q1 showing a marked increase from its standing at 0.4% just six months ago and also the first +2% reading since the second half…
General Electric (GE) released its latest earnings report before opening bell this morning, posting adjusted earnings of 21 cents per share on $27.66 billion in revenue. Analysts had been expecting earnings of 17 cents per share and $26.37 billion in revenue. In the same quarter a year ago, GE reported $27.85 billion in revenue. …
– Silver, platinum and palladium see increased role as investment vehicles – Increase in academic output on the white precious metals is in line with this – Silver and particularly gold are safe haven assets – Silver was a safe haven at times during which gold failed to be – Platinum and palladium less so but…
Day trading is all about getting in, making your profit and getting out as quickly and smoothly as possible. Ideally you are looking to identify two upcoming inflection points, open a position at one and then close the position at the other. To accomplish this you need to identify stocks that will be moving enough…
With a market-thumping 24% return, ‘Energy’ was the top performing S&P sector in 2016. The incredible gains of last year stoked high expectations going into 2017. Let’s take a look at how oil and gas prices behaved during the first three months of this year. Q1 Report Card: Prices Move Lower but Recover from Year-Ago…
It looks like the Chinese pressure on hoarding some metals is dissipating. Look at copper: Source: Simple Digressions The blue circles indicate periods of decreasing copper stocks at the Shanghai Futures Exchange (SFE). Note that during these periods the prices of copper go down or level off. As the chart shows, since middle March the…
