<< Read More: Bank Reserves Part 1; The Great Tease Since we’ve already cracked open the accounting, it makes some sense to take our example into an important corollary examination (if you haven’t yet, you’ll need to read through Part 1). In our prior examples, we’ve assumed that the swap of risk-free assets on Bank A’s asset…
The U.S. dollar continues to gain ground against most of its major counterparts as there appears to be little in the way to deter the Federal Open Market Committee (FOMC) from further normalizing monetary policy over the coming months. However, the USD/JPY rate bucks the recent trend as it holds a narrow range, with dollar-yen at risk of exhibiting…
The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months improved with the author’s saying “With the economy growing well above trend, and the working-age population barely growing at all, we expect the labor market to significantly tighten in the coming year.”. Analyst Opinion of Conference Board’s Employment Index Econintersect evaluates…
Disney (DIS) is expected to report earnings today after market close. The whisper number is $1.85, fifteen cents ahead of the analysts’ estimates and showing strong confidence from the WhisperNumber community. Whispers range from a low of $1.76 to a high of $1.95. A year ago the company reported earnings of $1.50, eleven cents ahead…
Whether Trump plans to pull out of the Iran deal remains to be seen. Personally, I think he pulls out, but you have conflicting reports between CNN, who says he stays, and Bloomberg who says he leaves. So who really knows! I’ve compiled a list of short setups just in case the market has an…
Apple (AAPL – Free Report) is currently the hottest stock on Wall Street as its shares are gaining at the fastest pace in over nine years. This is especially true, as the stock scaled multiple highs, surpassing $185 for the first time on May 7. The technology giant has been on the longest six-day winning streak since…
EUR/USD is falling day after day, Where will it end? Is it ready to rise? Here is their view, courtesy of eFXdata: Credit Agricole Research discusses EUR/USD outlook and thinks that the cross is inching closer to an attractive medium-term buying opportunity as positioning looks to be shifting towards balanced territory. “Looking ahead, in our view,…
Argentina once again seeks help from the IMF following yesterday’s 40% interest rate hike. Last year, Argentina was a favorite destination for investors. This year, Argentina is facing yet another currency crisis. A run on the Peso started last month as investors soured on the country. To combat the run, the Argentine central bank hiked rates…
The banking system is inefficient in its current state as it requires the use of multiple third-party verifications and transferring services in order to complete a transaction. Blockchain can alleviate the need for these organizations and provide the world with a viable solution to the inherent problems facing the banking community. Blockchain is transforming the way in which…
President Trump Will Decide On Iran Deal On Tuesday The S&P 500 was up 0.34% on Monday and the Russell 2000 was up 0.89%. There was a modest pullback in the afternoon which some blamed on Trump’s tweet which stated he will announce his decision on the Iran deal at 2:00 PM today. If you think the President will continue…
