Dollar/yen rallied and reached the highest levels since February as everything went in favor of the pair. What’s next? The airstrikes in Syria may actually have a positive effect and then things depend on the Fed speakers, US retail sales and the mood of President Trump. USD/JPY fundamental movers The biggest driver forward of the pair is trade…
In a stark reminder that despite all the operational and management turmoil over the past three years, few if any of the outstanding concerns involving Europe’s banking behemoth – Deutsche Bank, including €48 trillion in net notional derivatives, has been resolved. In its Monday edition, Suddeutsche Zeitung reports that the ECB has asked that Deutsche Bank…
Like baseball, young love, and hay-fever, we’ve entered the high season for taxes. New this year, however, we begin to react to changes in the tax reform law of December 2017. The point of that law was to make the world safe for businesses and their owners, who received healthy tax cuts. If you were…
With more than 45 million self-directed investors, many online brokers and other wealth tech providers are struggling with user acquisition. The cost of acquiring a new user can vary from $250 – $1500 which is why companies allocate considerable resources to retain existing users. Market intelligence fintech and new alternative brokerages are on the rise, and the…
Gold Fundamental Forecast: Neutral Talking Points: Gold prices give up gains amidst geopolitical risks cooling and hawkish FOMC minutes The anti-fiat asset can be vulnerable to risk trends thanks to the high-yielding US Dollar Watch out for US retail sales, Fed commentary + beige book, and Trump commentary Gold prices seemed like they were about to shoot for the stars last week…
The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and companies due to “Russia’s malign activity around the globe”. This new sanctions have caused economic pain to Moscow with Russian Ruble and MOEX benchmark index…
The market may have mustered a gain last week, but it was anything but a decisive victory. The indices didn’t clear some key technical resistance, and once again the volume supporting the advance was feeble. This whole thing could still crumble easily enough…ultimately proving it’s not the initial bullish effort that matters, but the one…
Some analysts called for the final low of the correction to have occurred on 4/02, at 2554. I have been reluctant to do this for two principal reasons: 1) The 40-wk. cycle low is still ahead of us — ideally due to bottom sometime in May, and 2) there is an unfilled valid count to…
This week will see a somewhat lighter news agenda than last week, with central bank input expected from Canada and Australia, as well as some crucial economic data from the U.S.A., China, and the U.K. Any further developments regarding Syria may also have an impact. The market will probably be most active on Tuesday. U.S….
The Dow Jones saw its latest correction bottom on March 23rd declining to -11.58% in the BEV chart below. Since then the Dow Jones has oscillated from just below -10% and up to the -8% BEV levels as bulls and bears alike wait to see what is coming their way. So what’s next for…
