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Why Euro ETFs Could Be A Winning Bet In 2019

Why Euro ETFs Could Be A Winning Bet In 2019

Euro has been under pressure this year on the double whammy of policy divergence in the United States (where monetary policy is pretty hawkish) and the Euro zone (where the ECB has been tapering the QE policy dovishly) as well as the slowdown in the euro area economy (read: Eurozone Slows Down in Q2, Puts These […]
What’s Your Timeframe, Bro?

What’s Your Timeframe, Bro?

My son’s a faster sprinter than me. That’s bloody depressing. He’s only a teenager for God’s sake. He’s only just clipped me after years of it being a non-contest. But now the little sod’s nudged ahead… only just, but what’s worse is that in a years time he’s going to be that much more ahead. […]
Gold Q4 Forecast: Gold Selloff Likely To Continue As Fed Proceeds With Rate Hikes

Gold Q4 Forecast: Gold Selloff Likely To Continue As Fed Proceeds With Rate Hikes

Faith in the Federal Reserve’s commitment to raising rates has thus continued to weigh down gold prices. Investors are heeding the Fed’s guidance and appear to base their strategy around the framework of a firmly hawkish monetary agenda. Barring an economic collapse that forces the Fed to reverse course, gold is likely to continue its downward […]
Trading Support And Resistance – Sunday, Sept. 30

Trading Support And Resistance – Sunday, Sept. 30

This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the […]
Another Trillion-Dollar Unfunded Liability, Part 2: Running The Hurricane Numbers

Another Trillion-Dollar Unfunded Liability, Part 2: Running The Hurricane Numbers

The idea that as more people move to Hurricane Alley and other storm-prone places, the future cost of those storms will rise – and that we’re not accounting for that future cost and are therefore likely to be shocked by it – makes intuitive sense. Now some recent studies have fleshed out the numbers, making it possible […]
China Publishes Full List For November Tariff Cuts, As Xi Maneuvers Around Trump

China Publishes Full List For November Tariff Cuts, As Xi Maneuvers Around Trump

On Sunday, the Chinese finance ministry published the full list of nearly 1,600 items on which tariffs will be slashed starting on November 1. The average tariff rate on those goods will fall to 7.8% from 10.5% last year. The reduced rate is intended to assist domestic corporates in driving down production costs and increasing […]
JP Morgan Chase: “U.S.-China Endgame Involving 25 Percent U.S. Tariffs On All Chinese Goods In 2019”

JP Morgan Chase: “U.S.-China Endgame Involving 25 Percent U.S. Tariffs On All Chinese Goods In 2019”

That’s according to Bloomberg. With little prospect of a restart for U.S.-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all Chinese imports, sending the yuan sliding to its weakest against the dollar in more than a decade. “JPMorgan has adopted a new baseline that […]
US Dollar – I Am Bearish

US Dollar – I Am Bearish

According to the COT data, since May 29 the big speculators betting on a stronger dollar have increased their bullish bets by 13.0 thousand contracts. Over that period the bears (big speculators betting on a weaker dollar) cut their bets by 21.4 thousand contracts. As a result, a net long position held by these traders […]
Japanese Yen Q4 Forecast: Yen Still Lacks Interest Rate Support, Haven Bids Will Endure

Japanese Yen Q4 Forecast: Yen Still Lacks Interest Rate Support, Haven Bids Will Endure

The Japanese Yen remained under clear pressure against the US Dollar through the third quarter, with USD/JPY hitting highs not seen since mid-January. However, while interest-rate differentials between the two clearly present the Yen at clear disadvantage, there will be much more to its trading as 2018 bows out. It’s notable too that, despite those highs for USD/JPY, the […]