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If This Is The Big One, ‘You’re Going To Have To See It Here Too’…

If This Is The Big One, ‘You’re Going To Have To See It Here Too’…

The credit market has largely ignored the sovereign yield back-up. If the great crack-up is here, you’re going to need to see it in credit, too. Stay tuned That’s from former FX trader Richard Breslow and it’s an important point. For quite some time, analysts and the commentators who know what they’re talking about have observed that if […]
Morning Call For Monday, July 10

Morning Call For Monday, July 10

OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 +0.02%) this morning are up +0.12% and European stocks are up +0.42%. Strength in technology stocks is leading the overall market higher with Advanced Micro Devices and Nvidia both up over 1% in pre-market trading. European stocks also received a boost on stronger-than-expected German May exports and […]
One Hedge Fund CIO’s Conversation With His Uber Driver

One Hedge Fund CIO’s Conversation With His Uber Driver

In his latest weekly letter to clients, One River CIO Eric Peters shifts his attention away from his two favorite topics of monetary policy and capital markets, to unveil a streak of contrarian skepticism on the topic of “technological disruption”, and in his trademark anecdotal style, present a hypothesis that would be most unwelcome in […]
Monday Market Momentum – Still Movin’ On Up

Monday Market Momentum – Still Movin’ On Up

Nothing seems to matter. Trump’s appearance at the G20 meeting this weekend was universally reviled as one of the worst foreign policy disasters since Chameberlain met with Hitler yet there’s no indication if it in the Futures as we seem to be holding Friday’s pumped-up, low-volume gains – so far.   ABC’s political editor, Chris Uhlmann delivered a […]
USD/JPY Breakout, Gold Breakdown Gaining Pace As Key Week For USD Begins

USD/JPY Breakout, Gold Breakdown Gaining Pace As Key Week For USD Begins

Video length: 00:10:55 After a superficially good, but in reality, an overall mixed June US labor market report on Friday, the US Dollar finds itself posting small gains for the second day in a row as it kicks off an important week. Through the first half of the year, everything that could go wrong for […]
USD/JPY Forms Double-Top At A Critical Level – Break Or Bounce?

USD/JPY Forms Double-Top At A Critical Level – Break Or Bounce?

Dollar/yen continues its upwards move. After a short pause that followed the mixed Non-Farm Payrolls, the pair continues riding the tiger along the upwards support line and hits a major barrier. 114.37 is the cycle high. The level was reached in May and the pair could not advance from there. Two months later, USD/JPY hit a […]
Sensex & Nifty End At Record Highs; Bharti Airtel, TCS & Wipro Top Gainers

Sensex & Nifty End At Record Highs; Bharti Airtel, TCS & Wipro Top Gainers

Share markets in India continued their upward climb in afternoon trade with both Sensex and Nifty closing a fresh all-time high. At the closing bell, the BSE Sensex closed higher by 355 points. While, the NSE Nifty finished higher by 97 points. Meanwhile, the S&P BSE Midcap Index ended up by 0.7% while the S&P BSE Small Cap Index ended up by 0.4%. Barring FMCG […]
Most Markets Fell Last Week, Except For US Stocks

Most Markets Fell Last Week, Except For US Stocks

Red ink dominated the first week of trading in July. The main exception: equities in the US, which edged higher. Otherwise, across-the-board losses weighed on the major asset classes, based on a set of exchange-traded products. US stocks bucked last week’s selling wave, albeit only slightly. Vanguard Total Stock Market (VTI) was fractionally higher, inching up six […]
EUR/USD – Bear Speculation: Rebound From The Upper Boundary Of The A-A Channel

EUR/USD – Bear Speculation: Rebound From The Upper Boundary Of The A-A Channel

Trading opportunities for the currency pair: The price is trading around the upper boundaries of the A-A and C-C channels. On the monthly timeframe, there’s a risk of falling to 1.25, but the euro is expected to strengthen significantly from September onwards. In connection with this, the range from 1.1475 to 1.1595 will be used for […]
Global Stocks Rise Amid Strong Economic Data; Yen Drops To 2 Month Low As Oil Resumes Slide

Global Stocks Rise Amid Strong Economic Data; Yen Drops To 2 Month Low As Oil Resumes Slide

In a quiet overnight session, S&P 500 futures are fractionally in the green (2,426, +0.2%) with European and Asian stocks as oil drops the second day after an initial ramp higher amid speculation that Libya and Nigeria may be asked to cap their production. Nasdaq 100 Index is again higher, following the biggest daily advance […]