The issue of debt continues to rise in the headlines especially considering the US debt levels continue to rise and has reached over 101% of GDP as of 2013. The issue of debt does have its negative impact on the…
Let’s Talk about Debt and Deflation
Category: Opinion
Aussie Analysis, Greek Grindings and Oil Optimism – Market Movers #36
The NFP is eyed with worries after recent US data. And what about wages? The RBA cut rates: a one off or just the beginning? The ECB’s late night move against Greece only temporarily hurt the euro. How will this evolve?…
Oil Could Start to Pick Up in the Second Half of 2015
The oil market has seen a sharp rise in prices last week, but it still below $50 per barrel. The recent developments in the oil market could suggest high volatility in prices in the near term and a potential rally…
RBA’s Rate Cut and the Australian economy
The country down under is back on the news after the Reserve Bank of Australia decided to cut its cash rate by 0.25 percentage points. So now the RBA’s cash rate is set at 2.25% — its lowest level in…
A Couple of Notes on Oil
In a recent article I wrote that the fall in oil prices have already started to impact US oil companies, which have started to reduce their capex and shut down rigs. I would also like to make two more points…
Market Movers #35: The Fed, US GDP, Greek elections analysis and AUD down under
The US returns to the limelight with the Fed decision and the first release of US GDP. What are the implications for the dollar? Before diving into this, we analyze the impact of the Greek elections for the euro in the short…
Is Draghi’s QE Program Enough?
Many have already talked about the recent ECB QE program, which is currently estimated to reach around 1.1 trillion euros or $1.3 trillion (or perhaps $1.2 trillion now that the Euro/USD is around 1.12). So here is another way to…
ECB QE rundown, SNBomb effect on brokers, surprise cut in Canada & Iranian oil – Market Movers #34
ECB QE is here and it’s big: we run down the event and the impact before circling back to the big hint we received for this one week before from the SNB, focusing on the impact on brokers. The moves are of course…
The good, bad and uncertain of BHP Billiton
The weakness in the oil market has taken its toll on shares of leading natural resources company BHP Billiton (BHP). This company’s stock downward spiral in recent months could continue as some analysts estimate oil prices could fall further to…
Switzerland’s Monetary policy change and its relation to Gold
The big news from the Swiss National Bank to stop pegging its currency to the Euro has shocked the foreign exchange markets. Some analysts have also linked this move to the recent recovery of gold including SPDR Gold Trust (GLD).…