Category Archive: Finance, No picture
When The S&P 500 And VIX Share Trading Trajectory?
Remember the daily record advances in the S&P 500 back in January of this year. Remember the VIX rising alongside such advances as the RSI hit record levels during this time period. Investors enjoy or appreciate when the S&P 500 breaks out and to the upside with strength and breadth, as it did back then and […]
Lira Plummets After Turkish Central Bank Deputy Governor Quits
It was already an ugly day for the Turkish Lira, which earlier in the day accelerated its drop for the 4th consecutive session, sending the USDTRY to the highest level since August 14 when the currency crashed over the weekend to the lowest level on record. Today’s drop was initially precipitated after Erdogan said on […]
Offshore Gold Storage: Assessing Vault Insurance & Transparency – Part 2
<< Watch More: Offshore Gold Storage: Are You An Owner Or A Creditor? – Part 1 Gregor Gregersen, founder of Silver Bullion & The Safe House, shares insights on the essentials of vaulting insurance for complete protection of your gold and silver bullion. He reveals common vaulting practices in the industry and how the company developed solutions to ensure […]
USDCAD Daily Analysis – Thursday, August 30
USDCAD remains in the downtrend from 1.3174, the bounce from 1.2887 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2800 area. Resistance is at 1.3000, only a breakout of this level could signal completion of the downtrend.
Hawkish Fed Narrative Slowly Changing
Are we on the path to a hyperinflation? Video Length: 00:56:29
Homebuilder Shares Dramatically Underperforming: Consumer Confidence Didn’t Help
Homebuilder shares are down 12% to 23% while the stock market is up 9%. Housing data has been miserable. The Wall Street Journal reports Home-Builder Shares Miss Out on Stock Rally Consumer confidence tracking near 18-year highs, strong corporate earnings and soaring retail sales haven’t translated into gains across the housing market—something that has kept home-builder […]
Gold Prices May Fall If PCE Data Puts Fed Outlook Back In Focus
Gold prices marked time Wednesday, managing a narrow retracement following the prior day’s weakness but falling short of substantive trend development. Perhaps tellingly, it was unable to capitalize even as cross-winds from a Brexit-inspired GBP/USD rally weighed on the US Dollar. The greenback’s weakness is typically a boon for the anti-fiat yellow metal. Crude oil prices began the day with a […]
AUDUSD Daily Analysis – Thursday, August 30
AUDUSD failed to break above 0.7381 resistance and pulled back to 0.7275. Lengthier sideways movement in a trading range between 0.7202 and 0.7381 could be expected in the coming days.
Indian Indices Open Marginally Lower; Banking And Energy Stocks Witness Selling
Asian shares are trading on a mixed note today. The Nikkei 225 is up 0.1% while the Hang Seng is down 0.7%. The Shanghai Composite is trading down by 0.8%. Back home, India share markets opened the day marginally lower. The BSE Sensex is trading down by 31 points (down 0.1%) while the NSE Nifty is trading down by 13 points (down 0.1%). The BSE Mid Cap index […]
