The U.S. GDP came up higher than expected at 3.7%. And this was enough to through China’s woes out the window and drive back up equities and energy commodities prices. But this could all change if the upcoming NFP report…
It is unusual to see such strong action in August and lots more is coming. We look at the major phenomenons: the situation in China and the euro’s erratic behavior before previewing the big events ahead. You are welcome to listen, subscribe…
So the recent U.S. GDP report (second estimate) came out and showed a higher-than-expected growth rate of 3.7% in Q2 –market expectations were around 3.2% and the pervious estimate was only 2.3%. This was enough to drive back up equities…
The ongoing fall in oil and copper prices along with the concerns over China, the leading consumer of copper and second largest oil importer, has also dragged down shares of Freeport-McMoRan Copper & Gold (FCX) to below $10 – the…
Oil prices have bounced back to hover above $40, but oil is still down for the year. And the outlook isn’t optimistic for a recovery. Shares of BP (BP) remain below $35 and could dip below $30 if oil prices resume…
The ongoing concerns over China’s economic growth has dragged down the U.S. stock markets and energy prices have also declined. The minutes of the last FOMC meeting didn’t offer a lot of insight either than keeping the markets guessing on…
The global mood is souring but we keep the talk alive with mitigating the minutes from the Fed, explaining the can kicking exercise known as the Greek Bailout III and the commodity crash. Don’t worry, China is omnipresent in all topics and in…
The recent decision of China to allow its currency to slightly devalue has caused a sharp rise in volatility mainly in the foreign exchange market. Now that the talks of additional devaluation has subsided, the focus in the financial markets…
Some currency pairs are make life easier for the technical trader. We begin with discussing and listing them before moving to the uncertainties caused by central banks in the US (following the NFP) the UK (Super Thursday) and China (stocks,…
Where is the Fed headed? A lot depends on the NFP. We discuss everything and also talk about falling oil and the somewhat neglected price of silver before previewing next weeks’s events. You are welcome to listen, subscribe and provide feedback. Direction of…